Recently listed shares of DAM Capital Advisors Limited jumped over 12 percent on January 27 to hit an intraday high of Rs 314.75 per share. This comes after the company reported a 144 per cent rise in net profit to Rs 51.5 crore for the quarter ended December 31, 2024. The stock has dodged the…
DLF, the country’s largest listed real estate developer, reported a 61% rise in net profit in Q3 FY25 to Rs 1,059 crore as against Rs 657 crore in the same quarter of the previous fiscal. Analysts had projected a profit of Rs 868 crore. However, the company’s revenue fell short of expectations and remained flat…
Kalyan Jewellers shares fell 7.63 per cent in early trade on January 21. This happened amid false speculations on social media that fund managers of Motilal Oswal AMC were involved in alleged malpractices against Kalyan Jewellers shares and were bribed to invest. Notably, the AMC and the jewellery company have issued clarifications and denied the…
Indian Overseas Bank (IOB) on Monday reported a 21% rise in its net profit for the third quarter to ₹874 crore on the back of strong growth in interest income. Total income rose 13% to ₹8,409 crore, while interest income grew 15% to ₹7,112 crore. Total business grew 10% to ₹5.43 lakh crore during the…
Karur Vysya Bank Q3 Results: Karur Vysya Bank share price rose 4.9 per cent to hit an intraday high of Rs 228.9 per share on the National Stock Exchange (NSE) on Monday, January 20, 2025. This surge in the bank’s share price came after it reported a healthy set of financial results for the December…
However, the company’s revenue grew a mere 1.4% year-on-year to Rs 13,286 crore. Its EBITDA grew 57.8% year-on-year to Rs 1,809 crore. The total headcount at the end of the quarter stood at 150,488, down 3,785 quarter-on-quarter and up 4,238 year-on-year. Tech Mahindra on Friday reported that its consolidated net profit grew 92.6% to Rs…
Bank of Maharashtra on January 15 reported a 36% year-on-year rise in its consolidated net profit to Rs 1,406.73 crore in the third quarter of FY25. On a yearly basis, the bank’s total income grew 22% to Rs 7,112.66 crore. Following the announcement, Bank of Maharashtra shares closed 3% lower at Rs 51.14 per share…
Wipro Limited is scheduled to announce its Q3 FY25 earnings on January 17, with analysts estimating a quarterly decline in revenue as well as net profit. Seasonal weakness in its consulting business, higher furloughs and cross currency constraints in Q3 are likely to weigh on Wipro’s earnings growth in constant currency (CC) terms. A Moneycontrol…
Hyundai Motor and its subsidiary Kia said on Tuesday that their combined exports of eco-friendly vehicles to 2024 rose 3 percent from a year earlier despite the economic slowdown. Hyundai and Kia shipped a total of 707,853 eco-friendly cars last year, up from 687,420 units a year earlier, Hyundai Motor Group said in a press…
11th November 2024: Life Insurance Council has released updated industry business figures for the month of December 2024. Indian Life Insurance Companies recorded record new business figures in December 2024; Premium Collection grew by 9.91%. According to data released by Life Insurance Council, the life insurance industry witnessed a growth of 13.52% on a year-on-year…
