On Monday, after market hours, Jubilant Foodworks reported a consolidated net profit of Rs 66.53 crore in the second quarter as compared to Rs 97.2 crore a year ago, down 31.5 per cent
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Samarth’s Portfolio & Learnings (12-11-2024)
In India everyday 6,50,000 Tyres are produced and 275,000 tyres are discarded leading to
generating of more than 1 million of end of life tyres every year
Can you pls clarify the numbers?
If 275,000 tyres are discarded per day, wouldn’t that be 100 million end of life tyres per year?
Am I missing something?
Thanks,
Nishant
PI Industries stock price 0.7 per cent as Sensex (12-11-2024)
As of 30-Sep-2024, promoters held 46.09 per cent stake in the company, while FIIs held 19.02 per cent and domestic institutional investors had 15.27 per cent.
Share market update: Most active stocks of the day in terms of total traded value (12-11-2024)
The NSE Nifty index was trading 38.66 points up at 24179.95
RBI finalises operational framework for reclassification of Foreign Portfolio Investment by Foreign Portfolio Investors to Foreign Direct Investment (12-11-2024)
In consultation with the Government of India and SEBI, the Reserve Bank of India has finalised an operational framework for reclassification of Foreign Portfolio Investment made by Foreign Portfolio Investors (FPI) to Foreign Direct Investment (FDI) under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 in case of any breach of the investment limit by the FPIs concerned. This would further enhance the ease of doing business in India.
Shree Cement shares fall 4% after Q2 results disappoint. Should you invest? (12-11-2024)
Shree Cement’s shares fell 4% on Tuesday to Rs 23,500.15 after the company reported an 80% YoY drop in Q2 profit, down to Rs 93.13 crore. The decline was driven by weak demand and lower prices for cement. Despite the seasonally slow quarter, sales volume also dropped 7% to 7.60 million tonnes.
Indices trade with minor gains; realty shares in demand (12-11-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex, was up 194.92 points or 0.24% to 79,688.70. The Nifty 50 index rose 56.15 points or 0.23% to 24,200.45.
LTIMindtree shares 0.54% as Nifty (12-11-2024)
A total of 1,386 shares changed hands on the counter till time (IST).