Posts in category Economic Times
Grasim promotor Birla Group hikes stake by 4.09% to 23.18% in company (28-05-2024)
There has been no change in the promoter/promoter group's total holding in the company, which remains at 43.06%. Shares of Grasim Industries closed at Rs 2,435.10 on the NSE on Tuesday, rising by Rs 44.45 or 1.86%. A part of the Aditya Birla Group, Grasim reported a 39% increase in its consolidated net profit for the quarter ended March 2024, excluding exceptional items. The net profit rose to Rs 1,908 crore, compared to Rs 1,369 crore in the same quarter last year.
Amara Raja Energy Q4 Results: Net profit jumps 62% YoY to Rs 230 cr (28-05-2024)
Amara Raja Energy & Mobility on Tuesday said its consolidated profit after tax rose 62 per cent to Rs 230 crore for the fourth quarter ended March 2024. The company had reported a profit after tax of Rs 142 crore in the January-March quarter of 2022-23 fiscal.
ABFRL Q4 Results: Net loss widens to Rs 266.35 crore YoY (28-05-2024)
Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).
GIC Re Q4 Results: Net profit rises 3% to Rs 2,642 crore (28-05-2024)
GIC Re on Tuesday posted a 3 per cent increase in net profit to Rs 2,642 crore for the fourth quarter ended March 2024 compared to Rs 2,564 crore in the same quarter a year earlier.
Wockhardt Q4 Results: Company posts consolidated net loss of Rs 177 crore (28-05-2024)
Drug firm Wockhardt on Tuesday reported a consolidated net loss of Rs 177 crore for the fourth quarter ended March 31, 2024. The company had reported a net loss of Rs 237 crore in the January-March quarter of 2022-23.
Ahead of Market: 10 things that will decide stock action on Wednesday (28-05-2024)
After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 0.29% lower at 75,170.45. Nifty formed a bearish candle on the daily scale. The index is trading above its key moving average supports and the RSI on the daily chart is positive.
Market Trading Guide: HDFC Life, Patanjali among 5 stock recommendations for Wednesday (28-05-2024)
The more domestically-focussed mid-caps and small-cap ended about 0.9% lower each, with the latter posting its biggest one-day drop in over two weeks.
Silver hits fresh lifetime high of Rs 96,220, gains Rs 1,612/kg (28-05-2024)
Both silver and gold prices increased on Tuesday. Silver futures for July rose ₹618 (0.65%) to ₹95,226 around 7:25 pm. Gold futures for June reached an intraday high of ₹72,375 per 10 gm and were trading at ₹72,311 around the same time — an increase of ₹302 (0.42%).
Delhi High Court seeks details from Tesla Power India in trademark case with Tesla Inc (28-05-2024)
The Delhi High Court has requested Gurugram-based Tesla Power India to submit an affidavit detailing the sales figures of electric vehicle scooters and the current inventory in a trademark dispute with US electric vehicle giant Tesla Inc. Justice Anish Dayal has instructed the company to provide information on dealers, launch dates, and stock availability. This directive follows Tesla Inc.'s claim that Tesla Power was selling electric scooters through dealers under different sub-brands despite an earlier agreement.