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Generic user silhouette icon 5paisa Capital Ltd
  • 8th Nov 2024
  • 2 min read

State Bank of India (SBI), India's largest lender, has announced its financial results for the quarter ending September 2024. The bank reported a 28 increase in standalone net profit, reaching ₹18,331.4 crore compared to ₹14,330 crore in the sam

Generic user silhouette icon 5paisa Capital Ltd
  • 8th Nov 2024
  • 2 min read

MRF Ltd., the tyre manufacturer, announced its September quarter results on Friday, November 8, reporting a decrease in net profit alongside an increase in revenue compared to the same quarter the previous year. Net profit fell by 20.4 year-on-year,

Generic user silhouette icon 5paisa Capital Ltd
  • 8th Nov 2024
  • 4 min read

The Federal Reserve announced on Thursday that it would be lowering its key interest rate by a quarter percentage point. This decision was widely expected as inflation approaches the central bank’s target of 2. Consequently, the federal funds rate

Generic user silhouette icon 5paisa Capital Ltd
  • 8th Nov 2024
  • 4 min read

Onyx Biotec Limited, a leading player in India’s pharmaceutical manufacturing industry, is presenting an Initial Public Offering (IPO) valued at ₹29.34 crores. Onyx Biotec's IPO comprises a fresh issue of 48.1 lakh shares, providing investors wit

Generic user silhouette icon 5paisa Capital Ltd
  • 8th Nov 2024
  • 3 min read

Mangal Compusolution Company Profile The Mangal Compusolution Limited, valued at approximately ₹16.23 crores, offers an interesting opportunity for investors seeking exposure to India's IT hardware rental market. Mangal Compusolution, known for

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

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