The price of 22-carat gold witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 73,660
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Tata Steel shares in focus as company swings back to black (07-11-2024)
Tata Steel Ltd. swung back to profitability in the September quarter, reporting a net profit of Rs 833 crore compared to a loss in the same period last year. Despite a 3% YoY decline in revenue, the company’s EBITDA reached Rs 6141 crore with margins at 11.4%. The India business saw a 5% revenue dip, while NINL’s revenue increased.
Market today: Wall Street hits record as Trump wins, US Fed decision eyed (07-11-2024)
After cheering Trump’s victory, focus will now shift to US Fed’s policy decision. Meanwhile, September quarter results and macroeconomic data will also be eyed
Big movers on D-Street: What should investors do with Tata Steel, Apollo Hospitals and Delta Corp? (07-11-2024)
Indian stock markets surged over 1% on Wednesday, propelled by Donald Trump’s US election victory. Analyst Priyank Upadhyay recommends buying opportunities in Tata Steel and Apollo Hospitals, citing technical indicators suggesting upward momentum. However, he advises a cautious stance on Delta Corp until a stronger bullish signal emerges.
Stocks to Watch, Nov 7: Apollo Hospitals, BSE, Powergrid, RVNL, Voltas, FDC (07-11-2024)
Stocks to watch on November 7, 2024: Apollo Hospitals Enterprise reported Q2FY25 net profit of Rs 380 crore, up from Rs 233 crore Y-o-Y
Q2 results today: Tata Steel, Apollo Hospitals among 166 companies to announce earnings on Thursday (07-11-2024)
The second-quarter earnings season is in full swing, with 166 companies set to release their July-September 2024 results. Key players like M&M and Trent are anticipated to post robust revenue growth, driven by strong performance in their respective sectors. While M&M’s profits are projected to remain steady, Trent’s bottom line is expected to see significant improvement.
Rain Industries reports consolidated net loss of Rs 179.11 crore in the September 2024 quarter (07-11-2024)
Sales decline 5.43% to Rs 3934.28 crore
Avalon Technologies consolidated net profit rises 140.11% in the September 2024 quarter (07-11-2024)
Sales rise 36.83% to Rs 275.02 crore