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HG Infra Engineering, an infrastructure company, have experienced a consistent upward trajectory in recent years. The company, which is engaged in Engineering, Procurement, and Construction (EPC) services, has seen its shares gain 163% in less than two years and an astounding 727% in just four years. In April, the shares recorded their largest monthly gain in three years, surging by 30%, and have continued their upward trend this month with another 14% increase so far.

Stock market today: Rushil Decor board has declared to increase its global footprint. As per the exchange filing by Rushil Decor Ltd, the company board has decided to strengthen its footprint in the South American market through expansion. This strategic move is expected to boost the company's revenue and market share, potentially leading to a positive impact on its stock performance.

NCC surged almost 8 percent in intra-day deals on Thursday after the firm posted strong results for the quarter ended March 2024 (Q4FY24). The construction company’s net profit rose 25.2 percent year-on-year (YoY) to ₹239.2 crore in the fourth quarter of FY24 as against ₹191 crore in the same quarter last year (Q4FY23). Meanwhile, its revenue jumped 31 percent YoY to ₹6,485 crore in Q4FY24 versus ₹4,949 crore in Q4FY23.

maximum temperatures ranged between 40-42°C in various regions, including parts of Haryana-Chandigarh-Delhi, Rajasthan, East Uttar Pradesh, East Madhya Pradesh, Saurashtra & Kutch, and Vidarbha. Additionally, isolated areas in Madhya Maharashtra, Marathwada, Telangana, Chhattisgarh, Odisha, Jharkhand, and West Uttar Pradesh also recorded similar temperatures.

stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver at least two rate cuts this year. The dollar remained on a downtrend, sagging to fresh multi-week lows against peers including the euro and sterling.

Warren Buffett's Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new investment. Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire's U.S.-listed holdings as of that date.

Sensex declined 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. “Relentless FIIs selling and India Vix at elevated levels put pressure on the market. We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Dividend stocks 2024: Shares of Tata Consultancy Services Ltd (TCS) will be in focus when the stock market opens on May 16 (Thursday). The Board of Directors of TCS has declared a final dividend of ₹28.00 per equity share for its eligible shareholders.

Stocks ended higher on Wall Street, sending the Nasdaq composite to another record

Former NFL coach Jon Gruden has lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021

The use of a voice-cloning technology marrying old audio clips to an actor's narration is bringing an historic U.S. Supreme Court decision to life

U.S. stocks rallied to records on hopes that inflation is heading back in the right direction

Investigators say a man with a long record of dangerous driving told them he smoked marijuana oil and took prescription drugs hours before he sideswiped a bus

Lok Sabha constituency in north Kashmir, which is going to polls in the fifth phase of elections on May 20, will decide the fate of 23 candidates. However, the main contest is between Sajad Lone of People's Conference and Omar Abdullah of National Conference. The contest has become interesting with the entry of Awami Ittehad Party (AIP) of Sheikh Abdul Rashid, alias Engineer Rashid. The two-time legislator is contesting from Tihar jail. AIP's campaign rallies are receiving huge response across north Kashmir. It appears that People's Democratic Party candidate Fayaz Mir, who is a former Rajya Sabha member, may have already lost the third spot in the contest. BJP has not fielded any candidate in the three Lok Sabha seats of Kashmir, but is actively canvassing for some parties without directly naming them. J&K Apni Party, led by Altaf Bukhari, has also not fielded any candidate here and is supporting Lone, while Abdullah is the official candidate of the INDIA bloc.

Congress questioned Prime Minister Narendra Modi's statement that he has «never done Hindu-Muslim» politics in elections and that the day he would do so he would be unworthy of public life. Spokesman Jairam Ramesh said Modi had «brazenly used communal language» during his campaign speeches and that Congress had complained to the Election Commission about it. «Even by his own pathetic standards, Mr Modi's latest claim that he does not do Hindu-Muslim politics shows the new depths he reaches daily in lying. Since April 19, 2024, it is a matter of public record that cannot be erased from our collective memory — even if Mr Modi erases it from his own — that the outgoing PM has blatantly and brazenly used communal language, symbols and allusions. We have brought this to the attention of the Election Commission of India as well. Action should have been taken, but sadly it has not,» he said.

Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts — like brake pads, headlights and speedometer — accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded spares over non-branded ones. Additionally, a superior product mix — higher contribution of premium models in the sales mix and an expansion in the product portfolio in the aftermarket segment — also helped companies boost revenue and profitability, they said. At Hero MotoCorp, revenue from spare parts and accessories increased nearly 80% in five years to a record Rs 5,087 crore in FY24 from Rs 2,836 crore in FY19. The share of this sub-segment in the company's revenue rose to 13.6% from 8.7% in this period, show its filings. Encouraged by the growth potential, the maker of the Xpulse and Splendor motorcycles will be expanding its Global Parts Centre.

government expects its tax revenues in the first quarter to exceed budgeted growth but is likely to stick to the interim budget revenue estimates in the full budget. Officials said the full-year projection in the interim budget was realistic and arrived at after taking into account multiple factors including global headwinds. «With continuity in tax policy we will stick with the collection target given in the interim budget, which was arrived at after considering margins for both upside and downside trend,» said one of the officials. For the current financial year (2024-25), the Centre has pegged its gross revenue collections at ₹38.30 lakh crore, a growth of 11.45% over the revised estimates for FY 2023-24.

digital intelligence platform (DIP) to the servers of Amazon Web Services (AWS) from those run by state-run Bharat Sanchar Nigam (BSNL) and the Centre for Development of Telematics (C-DoT) triggered a fierce initial reaction from mobile phone companies. They seem to have backed down after the DoT told them that critical subscriber database records (SDRs) of customers won't be stored on AWS. The DIP is used to help fight cyber crimes and fraud. The Cellular Operators Association of India (COAI) had called the move «abrupt and unilateral» in a May 11 letter to DoT secretary Neeraj Mittal and telecom minister Ashwini Vaishnaw. COAI represents India's top telcos Reliance Jio, Bharti Airtel and Vodafone Idea. The carriers had added that the shift would compromise the privacy of consumers' personal data due to the inherent nature and architecture of such cloud-based solutions.

DLF is betting big on increasing super luxury consumption and 90% of the 11.6 million square feet of projects it plans to launch in FY25 — with total revenue potential of Rs 36,000 crore — will be in the super luxury segment. The proposed launches will include apartments priced Rs 60 crore and above in Gurgaon and villas in Goa priced more than Rs 50 crore, Aakash Ohri, joint managing director at DLF Home Developers Ltd, told ET in an interaction. Edited excerpts: There are some concerns over projects getting sold out within days of launch. DLF has sold out three projects in the last 18 months. Do you think the trend is sustainable in the long term? We have seen the time when we had Rs 17,000-crore worth of unsold inventory. We have seen the struggle and pain and we don't want to go back to those days… We have to motivate brokers and investors. This is the time when people are believing in the DLF story and I don't have to prove myself to a third party. My record books are clean and anyone can come and do random checks. If people are now coming to DLF and believing that their aspirations will be met (and) their money is safe. We are not only selling fast, collecting more money faster, we are also making sure that our delivery schedules are on time to customer expectations.

Jindal Stainless Ltd (JSL), the Abhudhay Jindal-led company on Wednesday, reported a 30% year-on-year (y-o-y) fall in consolidated net profit to ₹501 crore in the March quarter owing to compromised margins amid falling nickel prices and increasing shipping costs in light of the ongoing Red Sea Crisis. The company's consolidated net revenue stood at ₹9,454 crore, a 3% y-o-y fall from ₹9,765 crore during Q4FY23. The results missed Bloomberg analyst estimates of ₹9,605.2 crore and ₹577.50 crore for revenue and net profit, respectively.

hot and dry season to a rainy season. As the monsoon progresses northward, relief from scorching summer temperatures is experienced over the areas," the Indian Meteorological Department said in a release on Saturday.