Engineering firm Honeywell Automation India reported a 5.6% fall in its second-quarter profit on Tuesday, hurt by slowing demand. The Indian arm of U.S. conglomerate Honeywell International said its profit fell to 1.15 billion rupees ($13.7 million) for the three months ending Sept. 30 from 1.22 billion rupees a year ago.
Posts in category Economic Times
Gold rises Rs 300 to Rs 81,400 per 10 grams on Dhanteras (29-10-2024)
Gold price rose by Rs 300 to Rs 81,400 per 10 grams, near its record high level, in the national capital on Tuesday due to heavy demand for Dhanteras by jewellers and retailers, according to the All India Sarafa Association.
Marico Q2 Results: Net profit rises 20% to Rs 433 crore (29-10-2024)
Homegrown FMCG major Marico Ltd on Tuesday reported an increase of 20.27 per cent in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago, Marico said in a regulatory filing.
Northern Arc Capital Q2 Results: Profit rises 24% to Rs 98 crore (29-10-2024)
NBFC firm Northern Arc Capital, which listed on the bourses last month, reported a 24 per cent increase in consolidated net profit to Rs 96 crore for the second quarter ended September 2024. The lender had earned a net profit of Rs 79 crore in the same quarter in the previous financial year.
Hudco Q2 Results: Net profit jumps 52% YoY to Rs 689 crore (29-10-2024)
Revenue from operations rose 35% year-on-year to Rs 2,518 crore, up from Rs 1,865 crore a year earlier. Sequentially, Hudco’s profit increased 23% from Rs 558 crore in the June quarter, while revenue grew 15% quarter-on-quarter.
L&T Q2 Results Preview: Up to 16% revenue uptick seen on robust execution in infra, energy segments (29-10-2024)
Engineering giant Larsen & Toubro (L&T) is expected to report a 16% year-on-year revenue increase for the September quarter, driven by strong execution in infrastructure and energy. Four brokerage estimates place revenue between Rs 56,800 crore and Rs 59,146 crore.
Stock market update: Sugar stocks up as market rises (29-10-2024)
The 30-share BSE Sensex closed up 363.99 points at 80369.03
Stock market update: Nifty Realty index 1.43% (29-10-2024)
The Nifty Realty index closed 1.43 per cent at 1001.85.
Sensex rises! These stocks rallied over 15% on BSE in today’s trade (29-10-2024)
In the Nifty50 index, 31 stocks closed in the green, while 18 stocks ended in the red.
Tech View: Nifty indicators give positive signals, likely to face resistance at 24,694. How to trade tomorrow (29-10-2024)
Nifty formed a bullish candle today, closing at a 5-session high after establishing a triple bottom in the 24,073-24,140 range. Indicators signal a bullish short-term trend, with support likely in this range and resistance expected around 24,567-24,694, according to Deepak Jasani of HDFC Securities.