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Posts tagged All News
Is the stock market open for Diwali tomorrow? (31-10-2024)
Equity markets will remain closed on Friday on account of Diwali. However, exchanges will conduct a special Muhurat Trading session for an hour between 6:00 pm and 7:00 pm.
Nifty settles below 24,250; IT shares underperforms (31-10-2024)
As per provisional closing, the S&P BSE Sensex, tumbled 553.12 points or 0.69% to 79,389.06. The Nifty 50 index declined 135.50 points or 0.56% to 24,205.35.
BF Investment standalone net profit declines 4.12% in the September 2024 quarter (31-10-2024)
Sales rise 5.62% to Rs 73.81 crore
Kaynes Technology India Limited – The EMS giant in making (31-10-2024)
Looking To Commission Semiconductor Facility By Q4FY26 Or Earlier: Kaynes Technology | CNBC TV18
Semiconductor facility to start operating by Q4FY26
BJP raking up Waqf issue with eye on by-polls, Maharashtra election, says Karnataka CM Siddaramaiah (31-10-2024)
Karnataka CM Siddaramaiah has accused the BJP of politicizing the ‘Waqf issue’ ahead of assembly by-polls and Maharashtra elections. Despite notices issued during BJP’s tenure, CM assured that no farmers will be evicted and notices will be withdrawn. BJP plans a statewide protest on November 4, demanding the resignation of Minority Welfare and Waqf Minister B Z Zameer Ahamed Khan.
Waaree Energies shares surge 80% over issue price post 12% gains today (31-10-2024)
Waaree Energies shares zoomed 12% to a new record high of Rs 2,718, marking the fourth consecutive day of gains. The stock debuted at Rs 2,550, a 70% premium over the issue price. With a strong debut and overwhelming IPO subscription, the stock is expected to have a strong long-term outlook.
Kitex Garments Limited (31-10-2024)
Q2/25 Result review.
- Revenue is in line with management guidance, 225 Cr, achieved 220 Cr.
- OPM of last 4Q – Operating Profit Margin %
Sep ’24 Jun ’24 Mar ’24 Dec ’23
26.00% 21.93% 20.19% 20.15% - Net profit @ 3 times of corresponding Q2/24 (13.33 to 39.93 Cr), even surpassing Q1/25 (@30 Cr.)
- No management commentary.
Disclosure – Invested @ 3-4 year back, holding.
India best wealth creating market for next 10-15 years? Vikas Khemani on how to allocate portfolio (31-10-2024)
Vikas Khemani, founder of Carnelian Asset Management, asserts India’s potential as a wealth-generating market over the next 10-15 years, amidst a possible US economic slowdown. Emphasizing the importance of management quality and investment in sectors like manufacturing and healthcare, he highlights India’s advantages and opportunities for wealth creation despite global market fluctuations.