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Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 2 min read

Mumbai-based pharmaceutical company Lupin Ltd announced a 74.1 year-on-year increase in consolidated net profit, reaching ₹852.63 crore for the July-September quarter of FY25, surpassing analysts' expectations. The company's revenue rose to ₹5,6

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 4 min read

Summary Sagility India IPO has closed with a strong response from investors, achieving a final subscription of 3.20 times by 7th November 2024 at 5:15:09 PM (Day 3). The public issue witnessed robust demand across all categories. The Retail Invest

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 2 min read

RVNL reported a consolidated net profit of ₹286.89 crore for the September quarter, marking a 27.12 decline year-on-year. Revenue also saw a slight decrease, dropping 1.2 to ₹4,854.95 crore. These figures fell short of market expectations for t

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 3 min read

Mahindra & Mahindra Ltd (M&M) reported a robust performance for the second quarter of FY25, with consolidated net profit surging 35 year on year to ₹3,171 crore, compared to ₹2,348 crore in the year ago period. This growth was primarily

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 3 min read

Indian stock markets surged as Donald Trump clinched victory, becoming the 47th President of the United States. Reflecting immediate optimism, the S&P BSE Sensex climbed 900.50 points to settle at 80,378.13, while the Nifty50 added 270.75 points,

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 2 min read

Trent Ltd, part of the Tata Group, released its financial results for Q2 FY25, showcasing a solid performance. The company reported a 46.9 year-on-year growth in consolidated net profit to ₹335.06 crore, up from ₹228.06 crore in the year ago per

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 2 min read

Hindalco, a prominent player in the metals sector, experienced a decline of over 6 in its share price during the early trading session following the announcement of reduced net income by its US subsidiary, Novelis Inc, for the July-September quarter

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 3 min read

Swiggy, the popular online food and grocery delivery giant, is all set to hit the market with its highly anticipated initial public offering (IPO), which opens for subscription on November 6. The company aims to raise approximately ₹11,327.43 crore

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 3 min read

On Wednesday, November 6, the Delhi High Court sent a notice to the Competition Commission of India (CCI) and food delivery behemoth Swiggy over the National Restaurant Association of India's (NRAI) suit to have the company removed from the confident

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 2 min read

The Indian IT sector has been steadily recovering since Q2, but Trump’s return to the White House has introduced a new element of uncertainty. On November 6, Indian markets, especially the IT index, experienced a strong rally as investors reacted p

Generic user silhouette icon 5paisa Capital Ltd
  • 7th Nov 2024
  • 3 min read

Tata Steel Ltd. announced its financial results for the quarter ending September 30, 2024. In the July-September quarter, the company reported a net profit of ₹833.45 crore for Q2 of FY 2024-25. This marks a turnaround from a net loss of ₹6,196.2

Generic user silhouette icon 5paisa Capital Ltd
  • 6th Nov 2024
  • 2 min read

On Wednesday, November 6, Power Grid Corporation of India Ltd, a state-owned entity, announced a 0.3 year-over-year (YoY) rise in net profit to ₹3,793 crore for the second quarter ending September 30. Revenue from operations saw a slight increase

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