Parag Milk Foods added 2.08% to Rs 220.50 after the company reported 16% rise in consolidated net profit to Rs 29.2 crore on a 9.2% increase in revenue to Rs 871 crore in Q2 FY25 as compared with Q2 FY24.
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Stock market update: Stocks that hit 52-week lows on NSE (12-11-2024)
Britannia, BEL, Asian Paints, NTPC and Bajaj Auto were among the top losers on NSE.
Board of Krishna Defence & Allied Industries recommends first interim dividend (12-11-2024)
Of Rs 0.5 per share
Sagility India shares list at 3% premium on bourses mirroring IPO GMP trend (12-11-2024)
Sagility India shares listed at Rs 31 on the BSE, reflecting a premium of 3.53 per cent against the IPO allotment price of Rs 30
L&T Tech shares gain over 4% after acquiring Silicon Valley’s Intelliswift (12-11-2024)
Shares of L&T Technology Services surged up to 4.25 per cent to hit an intraday high of Rs 5,324.65 per share on the BSE
Stock market update: Nifty Pharma index 0.61% in an upbeat market (12-11-2024)
The Nifty Pharma index was trading 0.61 per cent at 22480.60.
NMDC shares slip 4% even as co announces 2:1 bonus issue, reports 23% YoY jump in PAT (12-11-2024)
NMDC shares fell 4.2% despite a strong Q2 performance and a 2:1 bonus share announcement. Revenue grew 19.7%, while profit rose 23% YoY. Motilal Oswal maintains a buy rating with a Rs 280 target.
Here’s why AuSom Enterprise stock hit 5% upper circuit today; details (12-11-2024)
The uptick in AuSom Enterprise share price came after the company announced that it has bagged an order from Gujarat Urja Vikas Nigam Limited
Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade (12-11-2024)
The Indian Rupee hit a new all-time low of 84.40 against the US dollar due to foreign fund outflows and a strong US currency. Despite the RBI’s efforts to stabilize the rupee, factors like weak Q2 earnings and overvalued Indian stocks have led to significant foreign investment withdrawals.