Manappuram Finance share price: Manappuram Finance share price tanked 15 per cent to Rs 150.80, hitting an 11-month low on the BSE after the RBI put restrictions on Asirvad Micro Finance
Reliance Inds’ retail arm to form JC with Mothercare plc for South Asia (18-10-2024)
Reliance Industries said that Reliance Brands Holding UK and Mothercare plc will form a joint venture that will own the Mothercare brand and its intellectual property assets related to the regions of India, Nepal, Sri Lanka, Bhutan, and Bangladesh.
Reliance Inds’ retail arm to form JC with Mothercare plc for South Asia (18-10-2024)
Reliance Industries said that Reliance Brands Holding UK and Mothercare plc will form a joint venture that will own the Mothercare brand and its intellectual property assets related to the regions of India, Nepal, Sri Lanka, Bhutan, and Bangladesh.
Gold Price Today: Gold opens above Rs 77,500/10 gm, while silver trades flat (18-10-2024)
Gold December futures at MCX opened flat at Rs 77,565 per 10 gram after making new highs for three sessions. Silver December futures were up at Rs 92,573/kg. Gold and silver prices remain influenced by U.S. economic data and geopolitical tensions in the Middle East, with forecasted volatility.
Tech Mahindra Q2 results preview: One-time gain may drive PAT higher by 100%; revenue growth muted (18-10-2024)
Tech Mahindra’s Q2 revenue growth is expected to be muted with only a 2% year-on-year rise. However, a one-time gain from a land sale is anticipated to double net profit. Margins are forecasted to improve slightly due to cost-control measures.
Rupee slips 1 paisa to 84.07 against US dollar in early trade (18-10-2024)
Meanwhile, the dollar index was down by 0.11 per cent to 103.53 points
Add Havells India, target price Rs 2,000: HDFC Securities (18-10-2024)
HDFC Securities recommends Havells India with a target price of Rs 2,000, reflecting confidence in its future performance. Havells India operates in the Consumer Durables sector and has shown financial growth. Key reasons include a diverse product portfolio, strong market presence, and innovation focus. Its recent financials show a rise in income and profitability.
Wipro shares gain 5% as Q2 results beat expectations; brokerages divided (18-10-2024)
In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.
Wipro shares gain 5% as Q2 results beat expectations; brokerages divided (18-10-2024)
In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.