Its revenue from operations rose to Rs 3,304 crore for the second quarter compared to Rs 3,053 crore in the year-ago period, Ceat said in a regulatory filing.
Posts in category Economic Times
Infosys, Wipro show strong sequential growth in Q2 dollar revenue (17-10-2024)
Infosys and Wipro delivered better than expected sequential growth in dollar denominated revenue for the September quarter. All four top IT exporters reported sequential growth in reported dollar denominated revenue for the September quarter after a gap of six quarters.
These 6 stocks hit fresh 52-week highs, rallied up to 10% in a month (17-10-2024)
Reaching a 52-week high is a significant milestone for a stock, as it provides traders and investors with crucial information about its performance and potential.
Market Trading Guide: Suven Pharma, CARE Ratings are stock recommendations for Friday (17-10-2024)
Indian headline indices fell for a third day in a row, led by selling pressure in auto aqnd bank stocks. Nifty briefly touched a two-month low during the day. Despite a late pullback, the Sensex fell by 0.61% to 81,006, and the Nifty slipped by 0.89% to 24,749.8. Analyst Rupak De of LKP Securities said that he sees a likely downward move in the short term.
Indian Overseas Bank Q2 Results: Net profit rises 24% to Rs 777 crore (17-10-2024)
State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due to interest income and onboarding of new customers. The bank had earned a net profit of Rs. 625 crore in the same quarter a year ago.
Karur Vysya Bank Q2 Results: Company posts 25% growth in net profits (17-10-2024)
Private sector lender Karur Vysya Bank posted a 25.13% growth in net profit for the quarter ended September 30 on strong growth in loans and on containing bad loans.
Infosys, Wipro ADRs fall over 4% following Q2 earnings on Thursday (17-10-2024)
Infosys reported a 5% rise in Q2 net profit, reaching Rs 6,506 crore. Driven by strong performance and mega-deals, the company raised its FY25 revenue growth guidance to 3.75%–4.5% from the previous 3-4%.
At just 50%, Hyundai sees worst retail subscription among India’s 5 biggest IPOs (17-10-2024)
Hyundai IPO retail subscription was the worst among biggest 5 offers in India (50%). Expensive pricing (26x PE vs industry average of 24.41x) dampened retail investor sentiment.
Breakout Stocks: How to trade CAMS, Indigo Paints and Infosys on Friday (17-10-2024)
Sectorally, IT stocks saw some buying, while selling was seen in oil & gas, FMCG, telecom, auto, and realty stocks.
S&P 500 opens at record high on retail sales data, chip stocks boost (17-10-2024)
Wall Street’s main indexes jumped on Thursday, with the S&P 500 notching up a record high as an upbeat forecast from TSMC boosted semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S. consumer.