Posts in category Economic Times
Aadhar Housing Finance stock to list on Wednesday. Here’s what GMP suggests (14-05-2024)
Aadhar Housing Finance IPO consisted of fresh equity issue worth up to Rs 1,000 crore and OFS of up to Rs 2,000 crore. It was booked nearly 26 times at close. Its GMP indicates a listing gain of around 15%.
Repco Home Finance Q4 Results: Profit jumps 32% YoY to Rs 82 crore (14-05-2024)
Total income for the quarter stood at Rs 397 crore against Rs 344 crore while net interest income was 11% higher at Rs 172 crore against Rs 155 crore.
Oberoi Realty January-March net profit up 64% to Rs 788 crore (14-05-2024)
For the financial year 2023-24, the company’s net profit rose to Rs 1,925 crore as against Rs 1904 crore, while total income increased to Rs 4,818 crore from Rs 4,293 crore, the company said in a regulatory filing.
Fed’s Powell: PPI mixed, next move unlikely to be a rate hike (14-05-2024)
The Federal Reserve Chair does not expect the central bank's next move on interest rates would be an increase. More likely it means that rates would remain where they are, in a range of 5.25% to 5.50%, for longer than previously expected.
Colgate-Palmolive India Q4 Results: PAT jumps 20% to Rs 379.8 crore (14-05-2024)
Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1 per cent increase in profit after tax (PAT) to Rs 379.8 crore in the March quarter. The company had posted a PAT of Rs 316.2 crore in the same quarter a year ago, Colgate-Palmolive (India) said in a regulatory filing.
Patanjali Foods Q4 Results: Profit falls 22% YoY to Rs 206 crore on higher expenses, lower edible oil sales (14-05-2024)
Patanjali's revenue from the edible oils segment fell nearly 9%, to Rs 5,889 crore, limiting its overall revenue growth.
Unchecked explosion in retail F&O trading may dent household finances, warns Nirmala Sitharaman (14-05-2024)
The Finance Minister called on NSE, BSE and Sebi to brainstorm together and chalk out robust compliances and regulatory standards to protect investors' interests. BSE and NSE were asked to mitigate systemic risk and ensure market stability. Sithraman said this in at a BSE event in Mumbai.
Polycab, Muthoot Finance among 5 stocks with top long unwinding (14-05-2024)
In Tuesday's trading session, five stocks witnessed a top long unwinding.
REC, SBI Life among 5 stocks with top short covering (14-05-2024)
Short covering signals a shift in view on security from extreme bearishness to bullishness.
Promoter group entities likely to sell 2.5% stake in Cipla worth Rs 2,637 crore via block deals: Report (14-05-2024)
The price range of the block is fixed at Rs 1,289-1,357, taking the total deal value to around Rs 2,637 crore.