Closing Bell: Sensex breaks 6-day losing streak, soars 635 pts; Nifty above
04:29:34 PM IST, 27 October 2023
Indian Hotels Company approves acquisition of 6.80% stake in Piem Hotels via combination of share swap and cash
Approves issuance of shares of Co on preferential basis to New Vernon, Ticl
03:58:32 PM IST, 27 October 2023
BSE Muhurat Trading to be held on Nov 12 from 6 pm to 7:15 pm
03:28:22 PM IST, 27 October 2023
Dr Reddy’s Q2 Results: PAT at Rs 1,480 cr vs ET NOW poll of Rs 1,246 cr
Revenue at Rs 6880 crore vs ETNow poll of Rs 6777 crCons margin: 31.7% vs ET NOW poll of 27.9%
03:20:39 PM IST, 27 October 2023
Stock Market LIVE Updates: SRF Q2 Results: Profit falls on weak global demand
Consolidated net profit after tax stood at Rs 301 crore for July-September, compared with Rs 481 crore a year ago.
Total revenue from operations fell nearly 15% to Rs 3,121 crore.
02:55:40 PM IST, 27 October 2023
Stock Market LIVE Updates: SBI Life Q2 Results: PAT at Rs 380.2 crore vs Rs 377 crore YoY
Net premium income at Rs 20,050 crore vs Rs 16,477 cr YoY
02:42:55 PM IST, 27 October 2023
Sensex Today | Stock Market LIVE Updates: Indian Hotels Q2 profit at Rs 167 crore vs Rs 122 crore YoY; revenue at Rs 1433 crore vs Rs 1233 crore YoY
02:42:43 PM IST, 27 October 2023
Stock Market LIVE Updates: Nomura quarterly profit doubles on Japanese stock market strength
Nomura’s dominant position in Japan, where the stock market is trading at 33-year highs, helped it offset lethargic dealmaking and sluggish trading overseas.
July-September profit came in at 35.2 billion yen ($235 million), rebounding from last year when a sharp downturn in global financial markets battered its asset management and investment banking businesses.
Mamaearth operates an asset-light model with high growth potential, creating interest in the investors community. The company’s focus on product development and innovation R&D may impact short-term profitability due to high advertising expenses and capital expenditure. New investors should be cautious as the IPO includes fresh share issuance of Rs 365 crore and a low promoter stake of 37.41%.Conservative investors may wait and watch, while risk-takers can consider long-term investment for potential growth. However, the IPO appears to be overvalued in the current market conditions, and historical listings with high valuations have often faced post-listing challenges.
– Prashanth Tapse, Senior VP (Research), Mehta Equities
02:27:56 PM IST, 27 October 2023
Sensex Today | Stock Market LIVE Updates: SBFC Finance approves issue of non-convertible debentures and/or bonds worth upto Rs 2000 crore on a private placement basis
02:26:49 PM IST, 27 October 2023
Sensex Today | Stock Market LIVE Updates: State-owned construction firm NBCC (India) Ltd on Friday said it has sold nearly 4 lakh square feet of commercial space at the World Trade Centre in Nauroji Nagar, South Delhi for Rs 1,557.51 crore through an auction. NBCC conducted 21st auction for the sale of commercial space in the World Trade Centre, Nauroji Nagar.
02:24:17 PM IST, 27 October 2023
Stock Market LIVE Updates | Shares of Westlife Foodworld Ltd plunged more than 6 per cent on Friday a day after the company reported a 29.05 per cent decline in its consolidated net profit to Rs 22.37 crore for the second quarter. Westlife Foodworld’s subsidiary Hardcastle Restaurants is the master franchisee of McDonald’s restaurants in West and South India.
02:19:29 PM IST, 27 October 2023
Sensex Today | Stock Market LIVE Updates: SENSEX SURGES 700 POINTS!
02:16:48 PM IST, 27 October 2023
Sensex Today | Stock Market LIVE Updates: Earnings Impact | How Cipla, Maruti and Bajaj Finserv are trading post Q2 show
01:53:55 PM IST, 27 October 2023
Maruti Suzuki Q2 Results: Key Highlights
- The Company recorded its highest-ever quarterly sale volume, net sales and net profit in this quarter.
- During the quarter 552,055 vehicles were sold. Sales in the domestic market were 482,731 units while 69,324 cars were exported. The same period in the previous year had seen total sales of 517,395 units comprising 454,200 units in domestic and 63,195 units in export markets.
- During the quarter, the Company registered net sales of INR 355,351 million against INR 285,435 million in the same period the previous year owing to higher sales volume and product mix.
- The net profit for the quarter was INR 37,165 million, an increase of 80.3%…
Read More: Closing Bell: Sensex breaks 6-day losing streak, soars 635 pts; Nifty above