Posts in category Economic Times
Cipla Q4 Results: Net profit jumps 79% YoY to Rs 939 crore on strong sales momentum (10-05-2024)
Cipla's North America sales, which constitute primarily US, grew 11.8% YoY to Rs 1875 crore driven by key products Lanreotide (used for treating growth hormone disorder) gaining market share to 20.8% and 12-13% Albuterol (anti-asthma inhalation) coupled with robust demand in base business.
China’s central bank vows to support economic recovery (10-05-2024)
China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces many challenges.
US Treasury yields rise as traders await next week’s inflation report (10-05-2024)
U.S. Treasury yields rose on Friday with no major catalysts to drive direction as traders waited on key inflation data for April next week to guide expectations of Federal Reserve policy.
US stocks open higher, focus on comments from Fed officials (10-05-2024)
The Dow Jones Industrial Average rose 78.8 points, or 0.20%, at the open to 39466.52.
Prabhudas Lilladher sees up to 17% upside in these 5 IT stocks (10-05-2024)
Prabhudas Lilladher sees a potential revival in the Nifty IT index.
Direct payout of securities: Zerodha’s Nithin Kamath says Sebi’s proposal simplifies ops (10-05-2024)
Sebi, in a consultation paper, has proposed mandatory direct payout of securities to demat accounts to ensure that securities of the clients are not vulnerable to misuse.
Cholamandalam Financial Q4 Results: Cons PAT jumps 27% YoY to Rs 1,143 crore (10-05-2024)
Cholamandalam Financial Holdings Ltd on Friday reported a 26.9 per cent growth in its consolidated profit after tax at Rs 1,143.75 crore for the March 2024 quarter, the company said. The city-based company, part of the diversified conglomerate Murugappa Group, had registered net profits of Rs 900.77 crore during the corresponding period of last year.
Kalyan Jewellers Q4 Results: Cons PAT zooms 97% YoY to Rs 137 crore (10-05-2024)
Kalyan Jewellers on Friday reported a 97 per cent growth in consolidated profit after tax (PAT) to Rs 137.49 crore during the March quarter. The jewellery retailer's PAT stood at Rs 69.79 crore in the year-ago period, Kalyan Jewellers said in a regulatory filing.
Quess Corp Q4 Results: PAT rises to Rs 98 crore (10-05-2024)
Business services provider Quess Corp on Friday reported an increase in profit after tax (PAT) to Rs 98 crore during the March quarter. The company's PAT stood at Rs 30 crore in the corresponding period of the previous fiscal, Quess Corp said in a regulatory filing.
HDFC Bank among investors in anchor book of this buzzing SME IPO (10-05-2024)
ABS Marine SME IPO is a fresh equity sale of 65.5 lakh shares and through the issue, the company aims to raise around Rs 96 crore. The issue, which closes on May 14, was fully subscribed on the first day of the bidding process.