Action-packed day for Indian markets tomorrow with Adani Wilmar, ACC, ITC, and Godrej Consumer Products set to release their quarterly results. Also, the HUL stock is likely to be in focus on the back of its quarterly earnings plus the decision to separate the ice cream business. Both the IPOs, Deepak Builders & Engineers and
Persistent Systems rallied more than 12% to hit a fresh 52-week high of Rs 5,798.70 after it reported its Q2 FY25 results. The company reported a jump of 23.2% on year in net profit standing at Rs 325 crore in Q2 FY25, compared to Rs 236.26 crore posted in the second quarter of the previous
Shares of One97 Communications, the parent company of Paytm, are set to be in focus today following the company’s announcement on Tuesday regarding its approval from the National Payments Corporation of India (NPCI) to resume onboarding new users onto its Unified Payments Interface (UPI) platform. NPCI Approval to Resume Onboarding In its exchange filing, the
By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they
Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
Petrol, Diesel Price Today 23 October 2024: Oil prices were slightly down on Wednesday following a report which indicated that US crude inventories have increased more than the expectation. The ongoing attacks by Israel on Gaza and Lebanon have raised concern as global markets are monetary in the situation in the Middle East. As per
Go to Live UpdatesIndus Towers Share Price Today Live Updates, 23 Oct, 2024: Indus Towers shares are in the news after it reported its Q2 FY25. The counter closed trade on 22 Oct, 2024 at Rs 366.7. The shares touched intraday high of Rs 378.1 in the last trading session while the intraday low was
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
