Posts in category Economic Times
Colgate-Palmolive shares drop 1.35% as Sensex falls (09-05-2024)
On the technical charts, the RSI of the stock stood at 54.79.
Sula Vineyards shares tumble nearly 7% after company’s Q4 profit declines (09-05-2024)
The PAT for the quarter ended March 2024 dropped 4% year-on-year (YoY) to Rs 13.55 crore against Rs 14.24 crore for the same period, a year ago while the revenue from operations stood at Rs 131.70 crore, up by approximately 10% from Rs 120 crore in Q4FY23.
100% sure new RBI guideline on gold financing is not going to impact our volumes: Muthoot Finance (09-05-2024)
George Alexander Muthoot affirms Muthoot Finance's readiness for the RBI's directive, ensuring seamless transitions to bank transfers for loans exceeding Rs 20,000. Compliance remains a key focus in the NBFC sector, with vigilance against non-compliant lenders. Muthoot says: Nobody is going anywhere because the customer will not get cash elsewhere. All NBFCs are the same way."
F&O stocks: HCL Tech, Bank of Baroda among 5 stocks with long buildup (09-05-2024)
When the share price moves up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
Tokyo’s Nikkei index closes lower (09-05-2024)
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Cryptocurrency Price on May 9: Bitcoin below $61.8K; Cardano, Toncoin surge up to 4% (09-05-2024)
In the last 24 hours, the m-cap of Bitcoin, the world's largest cryptocurrency, fell to $1.214 trillion. Bitcoin's dominance is currently 53.13%, according to CoinMarketCap.
Asian junk bond sales are hottest in five years on India boom (09-05-2024)
Regional sales of such corporate notes, outside of Japan, touched $5.9 billion so far this year, already surpassing $4.4 billion in all of 2023, according to Bloomberg-compiled data. Indian borrowers have topped the share of sales so far this year, with nearly 44% share.
Tata Motors Q4 Preview: PAT likely to jump 33% YoY to Rs 7,640 crore on higher volumes (09-05-2024)
The profit after tax (PAT) is seen in the range of Rs 7,438 crore and Rs 8,350 crore while the revenue is expected to stay between Rs 1,05,932.40 crore and Rs 1,21,606.80 crore, the estimates revealed.
ACC shares down 0.21% as Nifty drops (09-05-2024)
A total of 8,802 shares changed hands on the counter till 12:22PM (IST).
Cipla Q4 Preview: Profit may rise up to 71% YoY on healthy operations (09-05-2024)
According to the collective estimate of four brokerages, the net profit for the fourth quarter could potentially surge by up to 71% year-on-year, accompanied by a projected 7% year-on-year growth in net sales.