The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
Shares of RBL Bank slumped by 13%, hitting an intra-day low of Rs 176.50 on the NSE today following the announcement of its Q2FY25 results. The bank reported a 24% year-on-year (YoY) decline in profit after tax (PAT) to Rs 223 crore for the quarter ended September 2024. RBL Bank’s Q2FY25 Performance Despite the dip
Petrol, Diesel Price Today 21 October 2024: Oil prices were steady at the time of early morning trade on Monday just after a major drop of 7% in the last week. The reason behind the decline has been credited to fear of less demand from China and ongoing conflict in the Middle East. As per
Shares of Tech Mahindra gains over 3% to open at Rs 1,745 on NSE today after reporting a remarkable 153.1% year-on-year (YoY) jump in net profit for the second quarter of FY25, reaching Rs 1,250 crore. The company’s revenue rose by 3.5% YoY to Rs 13,313 crore during the same period. Revenue Performance In constant
Go to Live UpdatesHDFC Bank Share Price Today Live Updates, 21 Oct, 2024: HDFC Bank shares were up 3% after the company reported a 6% increase in consolidated net profit for the September quarter, reaching Rs 17,825.91 crore. The counter closed trade on 18 Oct, 2024 at Rs 1681.15. The shares touched intraday high of
Go to Live UpdatesTech Mahindra Share Price Today Live Updates, 21 Oct, 2024: Tech Mahindra shares rise 4.4% to an intra-day high of Rs 1,761.85 a day after it reported a two-fold jump in its net profit for the July-September quarter, reaching Rs 1,250 crore, driven by special income from the sale of assets. The
Go to Live UpdatesKotak Mahindra Bank Share Price Today Live Updates, 21 Oct, 2024: The Kotak Mahindra Bank share is in news and the counter closed trade on 18 Oct, 2024 at Rs 1869.8. The shares touched intraday high of Rs 1878.55 in the last trading session while the intraday low was at Rs 1848.3.
HDFC Bank’s shares jumps nearly 3% to hit intra-day high of Rs 1731.90 on NSE today after the bank’s board approved a Rs 12,500-crore IPO for its non-banking financial company (NBFC) arm, HDB Financial Services (HDBFS). The proposed initial public offering (IPO) will include a stake sale worth Rs 10,000 crore by HDFC Bank. HDB
An old Spanish novel, Don Quixote by Miguel de Cervantes, carries a pearl of wisdom: “It is the part of a wise man to keep himself today for tomorrow, and not to venture all his eggs in one basket”. The hidden piece of advice in not putting all your eggs in one basket is averting
By Ekta Sonecha Desai In periods of swift market corrections, investors tend to examine valuation metrics to determine if stocks have gotten cheap compared to their fundamentals. One of the most common metrics is the Price-to-Earnings (P/E) ratio, which measures a company’s stock price versus its earnings per share (EPS). A low P/E ratio may
Amid a global supply glut, difficult weather and falling demand worldwide, which has hit a 27-year low (as per a World Spirits Alliance report), Indian wines continue to show signs of resilience and adaptability, with insiders anticipating the market to grow by as much as 10-15% in the next 3-5 years. At the forefront of
Berkshire Hathaway chairman and CEO Warren E Buffett, in a letter to shareholders, said that the company has paid more in corporate income tax than the US government had ever received from any company or even the American tech titans that commanded market values in the trillions. Warren Buffett highlighted that the company paid $26.8
In his letter to the shareholders of Berkshire Hathaway, Warren Buffett listed the key contributors to Berkshire’s performance in 2024. This was largely due to the improvement in Treasury Bill yields, increase in earnings of insurance companies, higher share of equity investments, bargain buys in equity markets and investment in fundamentally good businesses. “Berkshire will
