MRPL's standalone net profit plummeted over 40 per cent to Rs 1,138 crore in Q4FY24, from Rs 1,913 crore in Q4FY23
Stocks picks by Angel One: Fortis Healthcare is in a secular uptrend, hovering above its EMAs (Exponential Moving Average) on the daily time frame chart
The NSE plans to launch options contracts based on key sectoral indices, including the pharmaceutical and IT indices, if it gets the regulatory go-ahead, according to two exchange sources
Ambareesh Baliga, an independent market analyst believes the markets want 'more of the same' in terms of income tax-related policies - continuity amid a stable regime
Stock Market highlights on May 3:24 of the 30 Sensex stocks, and 35 of the 50 Nifty stocks closed in the negative zone led by L&T, Maruti Suzuki, Reliance Industries, Nestle India, and JSW Steel
Total revenue, however, grew 15 per cent to Rs 181.70 crore, against Rs 157.60 crore in the corresponding quarter of the previous year
At 11:43 AM, the shares of Coal India were trading 3.41 per cent higher at Rs 468.70 per share on the BSE. In comparison, the S&P BSE fell 0.66 per cent to 74,117 levels
The benchmark 10-year yield was at 7.1620% as of 10:00 a.m. IST, following its previous close of 7.1598%
Shares of the real estate development arm of Max Group, Max Estates have rallied 28.4 per cent in the last two trading sessions, reaching its 52-week high at Rs 375 on the BSE in Friday's intraday
Stock Market Highlights on Thursday, May 2: Markets settled with positive bias a day after the US Fed kept interest rates unchanged
In the quarter-ending March (Q4FY24) results, Star Health's net profit jumped 40 per cent to Rs 142.3 crore, as against Rs 101.8 crore in the same quarter a year ago
The drop came after joint managing director (Joint MD) KVS Manian stepped down from his role at the bank and its board after 29 years of service
Vedant Fashions' profit came in at Rs 115.8 crore in Q4FY24, from Rs 108.9 crore in Q4FY23. The company's revenue soared 6.3 per cent to Rs 363.2 crore, from Rs 341.6 crore a year ago
The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said
This comes after India's markets regulator Sebi sought a higher regulatory fee structure for options contracts, which could eat into the exchange's profits
In May, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for two days
With 3XO's launch, M&M management aims to be among the top two players in the compact SUV segment over the course of three years
Decline in the BSE cash segment, and across cash and derivatives on NSE reflect market dynamics
Gillette India's topline growth jumped nearly 10 per cent to Rs 680.7 crore in Q4FY24, as opposed to Rs 619.1 crore in the same quarter a year ago (Q4FY23)
The stock of the cables and wires (C&W) and fast moving electrical goods (FMEG) company has recovered 52 per cent from its low of Rs 3,812.35 hit on January 11, 2024