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
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,
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
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
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
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
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
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
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
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,
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
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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