Posts in category Economic Times
PNB Q4 Results: Profit jumps nearly three-fold to Rs 3,010 crore (09-05-2024)
PNB Q4 Results: Interest income grew to Rs 28,113 crore during the period under review, from Rs 23,849 crore in the corresponding quarter a year ago.
These 9 smallcap stocks turned multibagger in just over 4 months, do you own any? (09-05-2024)
In 2024, Indian equities experienced a relatively quiet period despite hitting all-time highs multiple times. The benchmark index saw a modest increase of 1.7%, while the BSE Smallcap index remained stagnant with a negative tilt.
Volumes and better demand should drive growth in textiles: Punit Lalbhai, Arvind & Anup Engg (09-05-2024)
So, both volumes and better demand should drive growth in textiles. And AMD is a very strong segment and has been historically also strong, so that journey of strength will continue in AMD and we should be able to grow at that 20% mark or slightly better.
SBI Q4 Results: PAT jumps 24% YoY to Rs 20,698 crore, beats estimates (09-05-2024)
SBI Q4 Results: The Net interest income or NII for the January-March quarter stood at Rs 41,655 crore, up 3% YoY to over Rs 40,393 crore, while for FY24 the figure stood at Rs 1,59,876 crore, a 10% jump over the last financial year. The Board has also recommended a dividend of Rs 13.70/share. Interest earned during Q4 advanced 19% YoY to Rs 1,11,043 crore.
RBI’s proposed project financing regulations not to impact REC profitability at all: CMD (09-05-2024)
Vivek Kumar Dewangan, CMD of REC, navigates through the intricate financial landscape, emphasizing strategic planning, regulatory compliance, and sustainable growth to propel REC towards a robust future in the evolving energy financing sector. Dewangan says: "In case, our capital gets reduced though the impact is not going to be much actually because we have a large cushion. We have the option of raising perpetual bonds. We can increase our tier I capital and tier II capital also can be increased by raising subordinate debt."
Share price of Marico falls as Sensex drops 737.58 points (09-05-2024)
A total of 118,730 shares changed hands on the counter till 01:53PM (IST)
Asian Paints Q4 Results: Net profit rises 2% YoY to Rs 1,257 crore, misses estimates (09-05-2024)
Asian Paints Q4 Results: The Q4 profit marked a mere 2% increase year-on-year (YoY) from Rs 1234 crore reported in the same quarter last year. Revenue from operations fell marginally to Rs 8,731 crore
Investors lose over Rs 5 lakh crore as Sensex crashes 800 points. Here are key factors behind the mayhem (09-05-2024)
The market capitalisation of BSE-listed companies slipped below the Rs 400 lakh crore mark to Rs 395.65 lakh crore. The volatility index India VIX also spiked 5% to 17.85 levels.
Share price of United Spirits falls as Sensex drops 752.73 points (09-05-2024)
A total of 13,890 shares changed hands on the counter till 01:43PM (IST)
EQT-owned outsourcing firm Sagility eyes India listing (09-05-2024)
EQT has hired investment bankers - ICICI Securities, IIFL, JP Morgan and Jefferies. This proposed IPO is likely to value Sagility at about $3 billion (Rs25,000 crore ) and EQT may raise about $400-500 million (Rs4000 cr), said sources.