Endurance Technologies’ share price rose more than 14% in Friday’s session following the company’s strong Q4 results. The company’s consolidated profit after taxes (PAT) for the quarter ended March rose 54% year-on-year to ₹210.2 crore from ₹136.5 crore, according to exchange filings. Endurance Technologies’ consolidated total income grew 20% year-on-year to ₹2,255.2 crore from ₹2,711.3…
Oil prices enlarged from the precedent session on Thursday on signs of stronger demand in the US, where data showed affectation slower than markets expected, and bolstering arguments for interest rate cuts that could lead to further consumption.Brent futures enlarge 32, or0.4, to$83.07 a barrel at 0620 GMT, while U.S. West Texas Intermediate crude( WTI)…
Mumbai: Abans Holdings, a diversified financial services company, on Tuesday said it booked a consolidated net profit of Rs 89.2 crore during the financial year 2024 (FY24), compared to Rs 70 crore during the previous financial year, an increase of 27.4%. The company reported 18.6% growth in consolidated total income during FY2024 to Rs 1,380…
Petroleum-based lubricants used in internal combustion engines (ICEs) are being threatened by the growing trend of electric vehicles (EVs), which run on batteries instead of engines. Gulf Oil Lubricants India Limited, part of the Hinduja Group-owned Gulf Oil International, is a leading player in the domestic lubricants market and is valued at around Rs 4,500…
The percentage of promoters’ pledged stake declined from 1.17% in the October-December 2023 quarter to 1.1% in the March 2024 quarter, a report by Kotak Institutional Securities said. In the last quarter of FY24, promoters of 73 companies in the BSE-500 index have pledged part of their stake and the value of pledged promoter holdings…
India’s industrial output growth slowed marginally to 4.9% in March 2024 mainly due to poor performance by the mining sector, according to official data released on Friday.Factory output growth, measured in terms of the Index of Industrial Production (IIP), stood at 5.6% in February 2024. However, in March 2023 it was 1.9%.For fiscal year 2023-24,…
On Friday State-owned Bank of Baroda reported: a marginal 2.3% grow in net profit to Rs 4,886 Crore for the Q4 ending March 2024.A year before, the bank had earned a net profit of Rs 4,775 Crore in the January-March quarter. Total income during the quarter under review increased to Rs 33,775 Crore from Rs…
New Delhi: Tata Power on Wednesday reported 11% rise in its consolidated net profit in the March quarter to Rs 1,046 Crore compared to last year mainly due to higher profits. BSE filings showed consolidated profit stood at Rs 939 Crore for the quarter ending March 31, 2023. The company’s total income in the quarter…
Gold Price Today: Gold futures for June expiry on MCX closed 0.09 per cent or Rs 137 lower at Rs 71,083.00 per 10 gram on Wednesday (May 8), while silver futures for July expiry on MCX closed 0.11 per cent lower. Together it came to 82,783.00.According to PTI, analysts have attributed the fall in gold…
Dr Reddy’s Laboratories on Tuesday reported a 36% rise in its consolidated profit after tax to Rs 1,307 Crore for the quarter ending March 2024 due to strong sales in the US market. The Hyderabad-based drug major had reported a profit after tax of Rs 959 Crore in the January-March quarter of financial year 2022-23….
