Posts tagged All News
Wipro fails to show revival signs; may underperform peers, say analysts (22-07-2024)
Shares of Wipro plunged up to 8.79 per cent at Rs 508.25 per share on the BSE in Monday's intraday trade
Wipro shares plunge over 7% post Q1 results. Should you buy, sell or hold? (22-07-2024)
Wipro's shares dropped by over 7% despite a 4.6% YoY rise in net profit for the quarter ended June 2024. The revenue from operations saw a 4% decline compared to the same quarter last year. Brokerages have mixed views on Wipro's performance and growth prospects.
TARC appoints Abu Dhabi- based contractor for its upcoming luxury residential projects (22-07-2024)
TARC has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi & its upcoming development TARC 63A located in Gurugram.
Why fix if not broken? Budget 2024 will be more of the same; enough money to cut deficit & raise capex: Swaminathan Aiyar (22-07-2024)
When you are already doing so well, do not rock the boat? Swaminathan Aiyar says he expects that this Budget will be more of the same in practice. There may be some rhetoric on big changes to be made. When we are already in such a good path, why change it in any significant manner?
Share price of Lupin rises as Nifty strengthens (22-07-2024)
A total of 2,999 shares changed hands on the counter till 10:30AM (IST).
Aelea Commodities shares list at 74% premium on BSE SME platform (22-07-2024)
Aelea Commodities shares listed on BSE SME at a 73.7% premium. The IPO, booked over 190 times, traded at a Rs 77 premium in the unlisted market. Proceeds will fund a new unit, plant setup, expenses, and corporate purposes. The company trades cashews and other commodities B2B, B2C, imports raw cashew nuts from Africa, and emphasizes customer satisfaction.
Stock market update: Fertilisers stocks up as market rises (22-07-2024)
The 30-share BSE Sensex was up 124.5 points at 80729.15
Poonawalla Fincorp formerly Magma Fincorp (22-07-2024)
Poonawalla Fincorp Ltd. reported a 45.6% rise in its net profit for the first quarter of this financial year.
Revenue increased by 40% year-on-year for the three months ended June, reaching Rs 996 crore.
Assets under management for the company grew by 52% to Rs 26,970 crore for the April-June quarter, the investor presentation said. The net interest income rose 42% year-on-year to Rs 676 crore.
The gross non-performing asset was recorded at 0.67%, down 75 bps during the same period last year, while the net NPA fell 44 bps to 0.32% during the quarter.
Budget Session: Modi says Budget will set roadmap for next 5 years; clarifies no one can stifle PM’s voice (22-07-2024)
Budget Session: Prime Minister Narendra Modi addressed the Parliament on Monday, marking the beginning of the Budget Session. He stated that the Union Budget, to be presented tomorrow, would outline a roadmap for the next five years.