Axis Bank Q3 results: In the December quarter, asset quality as indicated by gross non-performing assets as a percentage of total advances improved. On Tuesday, Axis Bank Ltd reported a standalone profit of Rs 6,071.10 crore for the December quarter, marking a 4 percent year-on-year increase from Rs 5,853.07 crore. Net interest income (NII) grew…
Hero MotoCorp: The Maverick 440 was revealed by the company at its Centre of Innovation and Technology (CIT) in Jaipur Hero MotoCorp Limited shares rose by 3.15 percent to Rs 4,540 in afternoon trading on January 23 following the company’s announcement of launching two new bikes: the Xtreme 125R and a special collector’s edition named…
Cipla shares: Due to a robust respiratory season, Cipla also recorded its greatest quarterly revenue for the North American business. In the first trading session on January 23, Cipla’s shares surged 7% to reach a 52-week high of Rs 1,409, just one day after the business reported a solid third-quarter performance across all major metrics…
Stock Market Updates: Indian indices started trading higher on January 23; the Nifty closed above 21,700. With a gain of 581.06 points, or 0.81 percent, the Sensex closed at 72,004.71 points. Concurrently, the Nifty saw an increase of 170.10 points, or 0.79 percent, to end at 21,741.90. Of the stocks that were listed, 1953 had…
Stock market today: Following the ‘Pran Pratishtha’ at the Ayodhya Ram Mandir, the Maharashtra State Government has proclaimed a public holiday on Monday, January 22, 2024. As a result, trading at the Bombay Stock Exchange (BSE) and the National Exchange (NSE) will be suspended today. So, the Indian exchange has scheduled a stock market holiday…
Today’s stock market: Domestic market benchmarks the Nifty 50 and Sensex closed lower on Saturday, January 20, with shares of Reliance Industries (RIL) and Hindustan Unilever (HUL) among the top losers after their December quarter earnings failed to please investors – Today’s stock market HUL and RIL both announced their quarterly results after market hours…
Union Bank made Rs 3,590 crore in profit in Q3 of FY24. For the quarter under review, gross non-performing assets (NPA) were 4.83 percent. Union Bank of India Ltd.’s shares surged strongly in Saturday’s special trading to reach their one-year peak following the lender’s announcement of an increase in third-quarter net profit (Q3 FY24). At…
Madhabi Puri Buch, the chairwoman of the Securities and Exchange Board of India (Sebi), announced on Friday that the agency is looking into three examples of purported exaggeration in the number of initial public offers (IPO) subscriptions. At an Association of Investment Bankers of India conclave, the head of Sebi announced that the regulator will…
In contrast to the previous closing on the BSE of Rs 983.75, IRCTC shares increased 4.68% on Saturday to reach a high of Rs 1029.85. At Rs 998.85, the railway stock opened higher. In early trade today, shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit their 52-week high and crossed the Rs 1,000…
Reliance Q3 results: Nomura India forecasts O2C Ebitda of Rs 14,000 crore, a 14% decrease quarter on quarter, driven by a drop in refining margins to $10 per barrel from $12 per barrel in Q2FY24, as well as the current downturn in petchem. Nomura India has issued a note on the oil and gas sector,…
