Total income more than doubled to Rs 1,346.54 crore in the second quarter of this fiscal from Rs 605.11 crore in the corresponding period of the previous year, according to a regulatory filing.
Share price of Voltas jumps as Sensex gains 273.04 points (23-10-2024)
Promoters held 30.3 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 18.08 per cent and 24.36 per cent, respectively.
Raman’s Portfolio – Review Appriciated (23-10-2024)
Hi rahul, the result is in line with the expectations. Now they have become quite conservative in giving any aggressive figures (In past they used to give guidance of growing at 40-50% growth).Better to say less and over deliver. I am betting on the telecom industry and the company is into the niche products which is quite critical and currently being largely imported. Govt is quite keen in localising the telecom parts due to safety/make in india drive. So lets see how the things play out in future.
Disc – Invested (5% of the portfolio)
Waaree Energies IPO subscription surges to 12.31 times on day 2 (23-10-2024)
Issue received bids for 25.95 crore shares against 2.11 crore shares on offer
Sensex, Nifty edge higher led by Bajaj Finance; bank stocks lag (23-10-2024)
Broader market shows positive momentum, with advances outnumbering declines
BlackRock’s Ben Powell on AI, energy demand and where to look for biggest investment opportunities (23-10-2024)
BlackRock’s Ben Powell highlights the importance of adapting investment strategies to address changes due to AI, energy transitions, demographics, and global supply chain tweaks. He stresses the need for more energy to support AI and anticipates investment opportunities in energy infrastructure. Powell underscores how ESG factors impact investment risks, reflecting a pragmatic approach to future economic growth.
IndusInd Bank Q2 results preview: PAT may fall 3% YoY; operating performance muted (23-10-2024)
IndusInd Bank’s Q2 results are predicted to show a 3% YoY decline in PAT, primarily due to slow loan growth. While net interest income is expected to rise by 7% YoY, analysts highlight concerns over increased provisions and moderate margins. Loan and deposit growth slowed QoQ.
REC shares down 0.26% as Sensex rises (23-10-2024)
A total of 303,603 shares changed hands on the counter till 12:51PM (IST)
GFCL EV subsidiary raises ₹1,000 crore at ₹25,000 crore valuation, shares dip (23-10-2024)
The funds will be used for capital expenditure as the company expands its operations in the electric vehicle (EV) and energy storage systems (ESS) battery materials space