Posts in category Economic Times
Dr. Reddy’s shares trade ex-split today. Stock up 2% (28-10-2024)
The company further announced that each American Depositary Share (ADS) will continue to represent one equity share. Consequently, the number of ADSs held by each American Depositary Receipt holder will increase in line with the rise in equity shares.
Waaree Energies: Early birds Madhu Kela, Ravi Dharamshi make multibagger returns in solar play (28-10-2024)
Top investors, including Madhusudhan Kela and Ravi Dharamshi, have achieved significant returns on Waaree Energies, which listed at a premium on its IPO day. Despite initial investment challenges in 2021, the company’s strong market position and favorable industry trends are expected to sustain future demand and returns.
2 top stock recommendations from Shivangi Sarda (28-10-2024)
Talking about Bank Nifty, we are seeing, of course, the heavyweights are driving this index and somewhat there is a range-bound move over here. Comparatively, outperformance was seen here in this index as compared to the broader market because with the fall this index did not fall too much.
Ambuja Cements Q2 Results: Standalone profit falls 22% YoY to Rs 501 crore (28-10-2024)
Ambuja Cements reported a standalone net profit of Rs 501 crore for the second quarter ended September 2024, marking a 22% decline year-on-year from Rs 644 crore in the same quarter last year.
Q2 saw normalisation of growth in IndiGo; expect lower double-digit growth in Q3: Pieter Elbers (28-10-2024)
IndiGo’s CEO, Pieter Elbers, discusses the airline’s growth, the impact of seasonal trends, and increased travelers post-COVID. Despite facing high grounded aircraft numbers, supply chain issues, and extra costs, IndiGo sees improvements and anticipates better performance in the coming quarters. The company is adjusting growth to seasonal patterns and plans for international expansion.
Ashish Kacholia, others invest Rs 48 crore in Quadrant Future Tek’s pre-IPO round (28-10-2024)
In a public announcement on October 26, 2024, the company reported that, in coordination with its lead bankers, it issued 2,000,000 equity shares to individual and institutional investors at Rs 240 per share (including a premium of Rs 230), raising a total of Rs 48 crore.
Capital market plays to be great compounding stories for next few years: Hiren Ved (28-10-2024)
It tells you that the average consumer in this country is struggling. If that would not have been the case, you would not have had this kind of credit costs. If that would not have been the case, that is why your FMCG volumes are so anaemic, there is no growth. So, the average consumer is under some kind of stress.
SpiceJet shares up 4% on launching 32 new flights to expand domestic, international connectivity (28-10-2024)
SpiceJet Shares Price: SpiceJet shares rose 4.2% after announcing 32 new flights for winter, enhancing connectivity. The airline aims to improve customer experience with increased frequencies and routes.