L T Foods Ltd, Dr Lal Pathlabs Ltd, V I P Industries Ltd and Kirloskar Ferrous Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 24 October 2024.
Afcons Infra’s Rs 5,430 cr IPO opens tomorrow. Price band, GMP among 10 things to know before subscribing (24-10-2024)
The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25 and close on October 29. The company aims to raise approximately Rs 5,430 crore through this public offer.
Dollar Index pauses rally; Beige book paints weak picture of US economy (24-10-2024)
The dollar index is trading slightly lower at 104.05, off previous day high of 104.41 although the index continues to stay heavily bid tracking US treasury yields that are riding high as volatility stays elevated ahead of US elections. Reduced expectations that Federal Reserve will go ahead with aggressive rate cuts as observed earlier is keeping momentum for the greenback high. Meanwhile, the Federal Reserves latest Beige Book survey of conditions across the country continued to paint a weak picture, with nine out of 12 regional district banks reporting flat or a slight decline in activity. Most districts reported declining manufacturing activity and consumers were reported to be on the hunt for bargains. According to the latest Beige Book, employment did increase slightly and layoffs remained limited. Wages continued to rise at a modest to moderate pace. The US dollar that measures the greenback against a basket of currencies, however, continues to hover around a three-month high. .
Hindware Home Innovation Ltd on to rapid growth post demerger? (24-10-2024)
The details of rights issues are out.
Patel Integrated Logistics names R Kannan as Independent Director, shares trade flat (24-10-2024)
Kannan brings 39 years of experience in finance, strategy and corporate performance management to Patel Integrated Logistics
Adani Wilmar Q2 Results: Co swings to black, posts Rs 311 cr profit, revenue up 18% YoY (24-10-2024)
Adani Wilmar Q2 Results: Adani Wilmar reported a significant turnaround with a consolidated net profit of Rs 311 crore for Q2 FY25, compared to a loss of Rs 131 crore last year. Revenue from operations grew 18% YoY to Rs 14,460 crore. EBITDA soared 325% YoY to Rs 612 crore.
Strides Pharma reports turnaround Q2 numbers (24-10-2024)
Strides Pharma Science reported a consolidated net profit of Rs 93.23 crore in Q1 FY25 as against a net loss of Rs 131.34 crore posted in Q2 FY24.
Venus Pipes- Pipes & Tubes (24-10-2024)
The stock was falling because one large FII shareholder was exiting after making handsome returns