Eicher Motors Q4 Results: Eicher Motors, known for its commercial vehicles and Royal Enfield motorcycles, disclosed a consolidated net profit of ₹1,070.45 crore for the fourth quarter of FY24, marking an 18.2% increase from ₹905.58 cr in the same quarter before year. In Q4FY24, the company’s total revenue from operations saw a year-on-year (YoY) growth…
Indegene IPO: Indegene’s IPO has received a robust response from investors, particularly high net-worth individuals (HNIs), with subscriptions reaching 1.67 times within the first two days of bidding. This surge in interest spans across all investor categories, signaling a strong market appetite. Priced between Rs 430 to Rs 452 per share, Indegene aims to raise…
Godrej: Stocks of companies within the Godrej Group, such as Godrej Industries, Godrej Consumer Products, and Godrej Agrovet, experienced gains ranging from 1% to 5% during early trading on Thursday. This surge followed news of the Godrej family’s decision to divide the conglomerate into two separate entities. Godrej Industries saw its share price rise by…
Yes Bank shares started the day positively, opening at ₹27.50 each on the NSE, and later reached a peak of ₹28.55 per share after the market opened today (April 29). This follows the announcement of robust Q4 2024 results by the bank on Saturday. The price of Yes Bank shares today YES Bank shares commenced…
BSE Ltd’s stock plunged by 19% in Monday’s trading session following a directive from the market regulator Sebi. Sebi instructed BSE to pay regulatory fees based on the annual turnover fee, considering the ‘notional value’ for option contracts. Previously, BSE had been paying regulatory fees based solely on the premium value for option contracts. Furthermore,…
SBI Card Q4 results: Payment Services and SBI Cards declared an 11.05 percent increase in its net profit for Q4 FY24, reaching Rs 662.37 crore. In the same quarter of the previous fiscal year (2022-23), SBI Card recorded a profit of Rs 596 crore. Total revenue saw a 14 percent uptick to Rs 4,475 crore…
HUDCO shares: HUDCO, a standout performer in the stock market, soared by 15% to hit an unprecedented high on Friday, signaling a remarkable one-year surge of 369%. This surge marks the sixth consecutive day of gains for HUDCO shares, propelled by optimistic sentiments regarding its business prospects after the government bestowed Navratna status upon the…
Tech Mahindra Q4 results: Tech Mahindra experienced a significant decline in net profit for the quarter ending March 2024, with a 41% decrease compared to the same period in 2023. The net profit fell to Rs 664.2 crore in the last quarter, down from Rs 1125 crore in the March 2023 quarter. This decline resulted…
The Vodafone Idea FPO will close on Monday, April 22. It began for subscriptions yesterday, Thursday, April 18. On the first day of the share offering, 26% of the Vodafone Idea FPO subscription status was made up of non-institutional investors and qualified institutional buyers (QIBs). According to BSE statistics, retail investors only bid for 6%…
Jio Financial Services Ltd witnessed a significant decline in its shares during Monday’s trading session. The stock experienced a sharp slump of 5.73 percent, reaching a daily low of Rs 351. This marks a 7.32 percent drop from its recent all-time high of Rs 378.70, which was recorded earlier this month on April 8th. Technical…
