Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compared to Rs 68,937 crore in the same quarter last year. This dip was attributed to weaker demand in the fashion and lifestyle sector, along with a strategic focus on streamlining operations and adjusting its B2B approach to boost margins. Despite this, the retail arm still generated a substantial gross revenue of Rs 76,302 crore, though this figure also represents a 1.1% drop year-on-year.
Shaily Engineering Plastic (14-10-2024)
Motilal keep buying.
Reliance Jio Q2 Results: Profit jumps 23% YoY to Rs 6,539 crore, revenue up 18% (14-10-2024)
Reliance Jio Infocomm on Monday reported a 23.4% jump in its September quarter consolidated net profit at Rs 6,539 crore versus Rs 5,299 crore reported by the company in the year ago period. The revenue from operations stood at Rs 31,709 crore, higher by 18% over Rs 26,875 posted by the company in the corresponding quarter of the previous financial year.
S&P 500 opens at record high with corporate earnings, economic data in focus (14-10-2024)
The Dow Jones Industrial Average fell 63.0 points, or 0.15%, at the open to 42,800.89. The S&P 500 rose 14.8 points, or 0.25%, at the open to 5,829.81, while the Nasdaq Composite rose 83.7 points, or 0.46%, to 18,426.658 at the opening bell.
JSW Infrastructure receives LoI for proposed Murbe port (14-10-2024)
From Maharashtra Maritime Board