The Nifty Realty index was trading 0.33 per cent up at 1001.0.
Paytm shares rally 5% after posting Rs 928 crore Q2 PAT. Should you invest? (23-10-2024)
Paytm’s shares rose 5% after reporting a quarterly profit of ₹928.3 crore, attributed to a one-time gain. The company also received NPCI approval to onboard new UPI users.
Persistent Systems share price rallies 10% on strong September qtr results (23-10-2024)
Persistent System’s consolidated net profit grew 23.44 per cent to Rs 324.90 crore in the September quarter (Q2FY25). The company’s profit stood at Rs 263.2 crore in the year-ago period (Q2FY24)
What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price (23-10-2024)
Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period
Olectra Greentech jumps 6% as September quarter profit more than doubles (23-10-2024)
Olectra Greentech’s profit more than doubled Rs 47.7 crore in the September quarter of FY25, from Rs 18.6 crore in the same quarter a year ago (Q2FY24).
Avenue Supermart shares up 1.39% as Nifty gains (23-10-2024)
A total of 3,749 shares changed hands on the counter till time (IST).
Bajaj Finance spurts on reporting strong Q2 numbers (23-10-2024)
Bajaj Finance advanced 4.71% to Rs 6,992 after the NBFC’s consolidated net profit jumped 13.03% to Rs 4,013.74 crore on 27.72% rise in total income to Rs 17,095.41 crore in Q2 FY25 over Q2 FY24.
Zomato shares fall 5% after Q2 results. What went wrong? (23-10-2024)
Zomato shares dropped 5% after Q2 profits fell short of expectations. Despite a 389% year-on-year profit increase, analysts expected higher figures. Brokerages have mixed opinions on the stock, with some raising target prices and others expressing concerns about profitability in the quick commerce segment. Nomura remains optimistic about growth potential.
Add ICICI Prudential Life Insurance Company, target price Rs 825: HDFC Securities (23-10-2024)
HDFC Securities recommends adding ICICI Prudential Life Insurance with a target price of Rs 825. The current price is Rs 730.75. ICICI Prudential reported a net profit of Rs 252 crore in the September quarter. The company’s total income rose to Rs 25,229 crore. Assets under management increased by 18 percent.
Shares of Bandhan Bank rise as Nifty gains (23-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 198.87.