LDF and BJP candidates filed nominations for the November 13 bypolls in Wayanad. Priyanka Gandhi Vadra also filed her nomination after a road show. Wayanad is holding bypolls due to Rahul Gandhi’s resignation. With past elections favoring Congress, the LDF and BJP are hopeful for a strong competition this time.
Godrej Consumer Q2 Results: Net profit rises 13% to Rs 491 crore (24-10-2024)
FMCG major Godrej Consumer Products Ltd on Thursday reported a 13.52 per cent rise in its consolidated net profit to Rs 491.31 crore in the September quarter, helped by volume growth in the domestic market and Indonesia.
IndusInd Bank’s Q2 PAT climbs 39% YoY to Rs 1,325 crore (24-10-2024)
IndusInd Bank reported standalone net profit jumped 39.24% to Rs 1,325.45 crore on 9.91% increase in net sales to Rs 14,870.18 crore in Q2 FY25 over Q2 FY24.
Benchmarks decline for 4th day, Nifty ends at 24,399.40; VIX drops below 14 (24-10-2024)
The benchmark equity indices closed slightly lower on Thursday, extending their losing streak to four sessions. Despite volatile trading due to F&O expiry, the Nifty managed to close near the 24,400 mark. Banks and pharma shares were in demand, while FMCG and realty shares tumbled. The market’s resilience was partly supported by India’s strong October PMI data, which aligned with the RBI’s growth outlook for FY25.
Aster DM Healthcare Q2 Results: Co posts net profit of Rs 106 crore vs Rs 15 crore loss YoY (24-10-2024)
Aster DM Healthcare on Thursday reported a consolidated net profit of Rs 106 crore in the September quarter. The company reported a net loss of Rs 15 crore in the July-September quarter of last fiscal.
Demergers on the radar (24-10-2024)
It will demerge from parent co after all the process (typically takes 12-15 months). if you are eligible shares will get credited to your demat account. Then they announce the listing date and starts trading from that day. Price discovery will happen similar to IPO listing. Try to participate in any demerger to understand whole process by buying small quantity.
Westlife Foodworld Q2 Results: PAT falls 98% to Rs 35.78 lakh (24-10-2024)
Westlife Foodworld Ltd, owner-operator of McDonald’s restaurants across West and South India, on Thursday, reported a 98.4 per cent decline in consolidated profit after tax at Rs 35.78 lakh for the second quarter ended September 2024, impacted by higher expenses and subdued in-store business.
CSB Bank Q2 Results: Profit rises 4% to Rs 138 crore (24-10-2024)
CSB Bank on Thursday reported a marginal 4 per cent rise in net profit to Rs 138 crore for the quarter ended September 2024. The Kerala-based lender had earned a net profit of Rs 133 crore in the year-ago period.
Board of Le Travenues Technology approves acquisition of Zoop Web Services (24-10-2024)
At meeting held on 24 October 2024
Ready go to for jail for the sake of farmers: BRS leader K T Rama Rao (24-10-2024)
KT Rama Rao criticized Congress and BJP for not fulfilling election promises at a farmers’ rally in Adilabad. He pledged to fight for farmers, even if it means going to jail. Rama Rao highlighted unfulfilled promises like the revival of CCI plant, financial aid to farmers, and job creation, stating there’s no difference between Congress and BJP.