Posts in category Economic Times
Manappuram Finance Q4 Results: Profit beats Street estimates on healthy loan growth (24-05-2024)
Indian gold-loan provider Manappuram Finance reported a better-than-expected fourth-quarter profit on Friday, helped by strong loan growth at both its gold and non-gold segments.
Torrent Pharma Q4 Results: Net profit jumps 56% YoY to Rs 449 crore (24-05-2024)
Torrent Pharmaceuticals Ltd on Friday reported a 56.45 per cent jump in consolidated net profit to Rs 449 crore in the March quarter, riding on higher revenue.
US stocks open higher after retreating on inflation jitters (24-05-2024)
Dow rose 24 points, S&P 500 gained 14 points while Nasdaq Composite rose 51 points at the opening bell.
Suzlon Energy Q4 Results: Net profit drops 21% YoY to Rs 254 crore (24-05-2024)
Renewable energy solutions provider Suzlon Energy on Friday reported nearly 21 per cent decline in consolidated net profit to Rs 254 crore in the March quarter mainly due to certain exceptional items.
Cochin Shipyard Q4 Results: Net profit soars multi-fold to Rs 259 crore (24-05-2024)
State-owned Cochin Shipyard Ltd on Friday reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the year-ago period, the company said in a regulatory filing.
Tech View: Nifty forms Doji candle. What traders should do next week (24-05-2024)
Nifty on Friday ended near the flatline after climbing the 23,000-mark for the first time in history. The index formed a Doji candle during the day after Thursday’s big bull candle.
Sebi moots relaxation in valuation norms for alternative investment fund (24-05-2024)
Capital markets regulator Sebi on Thursday proposed providing relaxation on the framework pertaining to valuation of investment portfolio of alternative investment fund (AIF).
Sebi introduces audio-visual representation of disclosures in offer documents for public issues (24-05-2024)
The move is meant to help investors have an easier understanding of key features of an offer. The AVs, initially in bilingual formats, will be placed in the public domain for all main board public issues. This framework will be applicable to all DRHP filed with Sebi on or after July 1 on a voluntary basis and from October 1 onwards on a mandatory basis.
Sensex falls! These stocks fell 5% or more in Friday’s session (24-05-2024)
In the Nifty pack, 14 stocks closed in the green, while 36 stocks ended in the red.
Suzlon shares shed 5% after reporting a 20% decline in Q4 profit (24-05-2024)
Suzlon Energy shares dropped 5% to Rs 45.84 on BSE after Q4 profit declined 20% to Rs 254.12 crore. Revenue rises 29% YoY to Rs 2,179.20 crore.