ET Markets has identified the top five stocks from the Nifty500 index with over 15% of their shares held by insurance companies, based on StockEdge data for the quarter ending September ’24.
Posts in category Economic Times
Tata Power Q2 Results: Net profit jumps 51% YoY to Rs 1,533 crore (30-10-2024)
Tata Power Q2 Results: Revenue from operations declined 1% year-on-year to Rs 15,247 crore. Consolidated EBITDA for the quarter increased 23% to Rs 3,808 crore, driven by expanded solar manufacturing, favorable regulatory developments in distribution, and improved operational efficiency across business segments.
US stocks subdued as investors weigh earnings, data (30-10-2024)
U.S. stock indexes were subdued at the open on Wednesday, as investors assessed mixed earnings reports and data that showed the economy maintained a solid pace of growth in the third quarter.
Prudent Corporate Advisory Q2 Results: Profit up 69% YoY to Rs 51 cr, revenue grows by 51% (30-10-2024)
Prudent Corporate Advisory Services reported a 51% year-on-year (YoY) increase in revenue from operations, reaching Rs 286 crore for quarter ended September 2024, driven by a 53% rise in quarterly average AUM in mutual funds and a 36% growth in non-mutual fund revenue.
Tech view: Nifty forms small red candle, faces strong resistance at 100 DEMA. How to trade tomorrow (30-10-2024)
On Wednesday, Nifty formed a small red candle near the 100-Day Exponential Moving Average (DEMA), indicating strong resistance around 24,470-24,500. If the index holds above 24,500, it could extend gains toward the 24,600–24,700 range, with key support at 24,070.
L&T Q2 Results: Cons PAT rises 5% YoY to Rs 3,395 crore, revenue jumps 21% (30-10-2024)
L&T Q2 Results: L&T reported consolidated revenue of Rs 61,555 crore for the quarter ending September 30, 2024, marking a 21% YoY growth, driven by accelerated progress across its Projects & Manufacturing (P&M) portfolio. This revenue exceeded ET Now’s estimate of Rs 57,622 crore. International revenues reached Rs 32,057 crore, making up 52% of total revenue, largely due to a strong international P&M order book, according to the company’s filing.
These 8 stocks hit a 52-week high and rallied up to 20% in a month (30-10-2024)
On Wednesday, India’s Sensex fell about 427 points to close at 79,942. Despite this downturn, eight stocks in the BSE 500 reached their 52-week highs, offering insights into current valuations and future price trends for traders and investors.
Stock market update: Power stocks up as market falls (30-10-2024)
The 30-share BSE Sensex closed down 426.85 points at 79942.18
Swiggy fixes IPO price band at Rs 371-390 per share, Rs 11,300 crore IPO to open from November 6 (30-10-2024)
Swiggy has set the price band for its Rs 11,300 crore initial public offering (IPO) at Rs 371-390 per equity share of the face value of Re 1, according to an announcement by the Bengaluru-based Food and grocery delivery company on Wednesday.