Shares of Zee Entertainment rose 5% on Saturday on BSE to the day’s high of Rs 141.65 after the company on Friday reported a profit for the March quarter against loss a year ago. Zee on Friday reported a net profit of Rs 13.35 crore for the quarter ended March 2024, compared with a loss…
READ MOREShares of Balkrishna Industries (BKT) surged 5% on the BSE on Saturday to its fresh 52-week high of Rs 2,798.95 after reporting a net profit of Rs 481 crore for the fourth quarter of financial year 2024. BKT’s net profit shot up 88% YoY while revenue jumped 16% to Rs 2,697 crore backed by a…
READ MOREShares of Maggi-maker Nestle India on Saturday rose 3% to the day’s high of Rs 2,514.65 after the MNC’s shareholders rejected a proposal to increase royalty payments to its Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5%…
READ MOREShares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024. For fiscal year 2024,…
READ MOREFollowing interactions with lenders amid tight liquidity conditions, the central bank has announced a steep reduction in the quantum of the government’s treasury bill sales and a new selection of bonds for the Centre’s buyback operations to aid freeing up cash for banks. Liquidity conditions in the banking system tightened considerably this month, largely due…
READ MOREThe recent Global Sovereign Debt Roundtable (GSDR) held in Washington DC addressed the pressing issue of mounting debt burdens faced by low- and middle-income countries (LMICs). Despite the progress in tackling global debt vulnerabilities, as acknowledged by the IMF and World Bank in the newly released GSDR report, and the glimmer of hope offered by…
READ MOREEquity indices closed higher for a second straight day on Friday as buying in index majors helped the indices rebound from early lows. In today’s special trading session, shares of ZEE, Delhivery, Bandhan Bank, JSW Steel, Concord Biotech among others will be in focus due to various news developments and quarterly earnings. ZEEZEE Ltd has…
READ MOREThe Dow Jones industrial average closed above the 40,000 mark for the first time on Friday, with other major indexes also scoring weekly gains, as data supported expectations for interest rate cuts by the Federal Reserve this year. The benchmark S&P 500 edged higher after paring losses while the Nasdaq fell, but both chalked up…
READ MOREIt is not difficult to give your opulent home a Victorian facelift. With elevation stone tiles, you can get the desired effect and enhance your home’s aesthetic appeal. To get a sense of what’s available, look at these stone elevation tiles design ideas. Top 16 stone elevation tiles for home Check these amazing stone…
READ MOREThe shares of Piotex Industries listed on the BSE SME platform on Friday with a premium of 16%. The stock debuted at Rs 109 as against an issue price of Rs 94 apiece. Ahead of the listing, the company’s shares traded with a premium of Rs 30 in the unlisted market. The IPO, which was…
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