HUL Q3 results: Due to weak demand trends and the lack of a discernible increase in festive demand, analysts predicted that profit and revenue growth would be zero and that revenue could actually decline annually. Hindustan Unilever Ltd (HUL) is scheduled to release a mediocre set of quarterly earnings later today. Profit growth is anticipated…
Following a three-day decline, Sensex and Nifty experienced a notable surge on Friday. The BSE Sensex and NSE Nifty began higher, gaining more than 600 points and 170 points, respectively, after three days of continuous declines. As of 9:16 a.m. IST, the S&P BSE Sensex increased 0.79% to 71,767.14%, while the blue-chip NSE Nifty 50…
Australian Premium Solar shares created a splash on the stock market on Thursday when they were listed on NSE SME for ₹140 a share, which is 159.2% more than the issue price of ₹54. Following the listing, Australian Premium Solar shares continued to surge, hitting the 5% upper circuit and locking at ₹147. There was…
South Indian Bank Ltd.’s stock increased by almost 8% on Thursday following the lender’s announcement of a than 200% increase in net profit for the quarter ending December 23 due to an improvement in asset quality. In comparison to ₹103 crore during the same period last year, the bank’s net profit tripled to ₹305.4 crore…
New Swan Multitech IPO Listing: On Thursday, the company’s shares had an incredible debut on the stock market when they were listed at a premium of 90% over the IPO price. The opening price of New Swan Multitech shares was ₹125.40, while the issue price on the BSE SME was ₹66. Shares of New Swan…
Thursday saw Sensex and Nifty open lower than usual once more, with the markets falling more than 400 points today. On January 18, Sensex and Nifty opened negatively once more. Sensex fell more than 400 points to 71,023, and Nifty fell below 21,500 during the opening bell. Not too many days after the benchmark index…
Asian Paints Q3 Results: Asian Paints reported October–December quarter fiscal 2023–24 (Q3FY24) results, indicating a 34.5% increase in consolidated net profit to ₹1,475 crore from ₹1,097 crore in the same period last year. The income generated by the operations of the largest paint manufacturing firm in the country increased by 5.4% to ₹9,104 crore during…
Sensex: Financials and banks pulled the domestic indices down. With 30 shares, the BSE Sensex fell 1,045 points, or 1.43%, to trade at 72,084, while the NSE Nifty fell 313 points, or 1.42%, to trade at 21,719. Summary In early trade on Wednesday, benchmarks for Indian equities fell precipitously on the back of negative global…
Zerodha Fund House: The ETF replicates the Nifty 1D Rate Index, which tracks the returns generated by overnight lending market players. The Zerodha Fund House unveiled a new plan and the Zerodha Nifty 1D Rate Liquid ETF, India’s first growth liquid exchange-traded fund (ETF), on Wednesday. By January 24, the fund should be listed on…
India: In the first two months of the oil year 2023-24 (November to October), India’s edible oil imports fell by 20.38 percent. According to figures from the Solvent Extractors’ Association of India (SEA), India imported 24.55 lakh tons (lt) of edible oil in the first two months of the oil year 2023-24, compared to 30.84…
