Performer Financial News

Royal Orchid Hotels Limited has reported a total income of Rs 312.70 crore for financial year 2024, up from a total income of Rs 279.69 crore reported for financial year 2023. The chain posted a profit of Rs 50.82 crore for financial year 2024, up from Rs 49.22 crore in the previous fiscal year. On a quarterly basis, Royal Orchid Hotels posted a total income of Rs 82.30 crore in the fourth quarter of fiscal year 2024, up from Rs 76.54 crore in corresponding quarter of the previous fiscal. The hotel chain posted a profit of Rs 16.69 crore in quarter four of financial year 2024, up from Rs 13.12 crore in quarter four of financial year 2023. The chain has a portfolio of over 107 hotels across more than 70 locations.

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investors, especially new investors, are often confused about how to pick a bunch of schemes to take care of their various goals, especially for long-term goals like retirement. They keep looking for a ready-made mutual fund portfolio to achieve their long-term goals. Here is some help for such investors. We have put together a slew of schemes, based on risk profile, time horizon, and the amount you want to invest. ETMutualFunds launched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with updates on them regularly. We also inform our readers about poorly performing schemes and replacements for them. The schemes in these ready made portfolios are selected based on our in-house methodology mentioned at the end of this article. ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. Take a look at our recommended portfolios.

Exit Polls Lok Sabha Elections 2024: Exit polls are highly anticipated events preceding the official vote count by the Election Commission of India (ECI). Political analysts and psephologists meticulously analyze data to predict which party might have an edge in each state. An exit poll is conducted immediately after voting concludes in parliamentary or assembly elections. The exit polls for the 2024 Lok Sabha elections will be broadcast live on June 1, following the completion of the final voting phase. Voting for the last phase will continue until 6 pm on Saturday, with exit poll results going live from 6:30 pm onwards. The Battle for Power in 2024

Top Gainers and Losers in the Nifty Index TodayThe top gainers in the Nifty index today were Adani Enterprises (up 6.80%), Adani Ports & Special Economic Zone (up 3.90%), Shriram Finance (up 2.23%), Coal India (up 1.88%), and Tata Steel (up 1.86%). On the other hand, the top losers in the Nifty index were Divis Laboratories (down 2.39%), Nestle India (down 2.08%), Tata Consultancy Services (down 1.74%), Maruti Suzuki India (down 1.58%), and LTI Mindtree (down 1.49%).The bank nifty ended at 48,682.35, with an intraday high of 49,122.55 and a low of 48,569.05.

Zomato, the food delivery platform, faces a pessimistic outlook from global brokerage Macquarie. Contrary to the bullish sentiment of other brokerages, Macquarie predicts a substantial 47 percent downside for the company in the next 12 months.

Prashant Kishor is sticking to his poll forecast with about 24 hours left for the exit polls. The weeks long voting process for the Lok Sabha elections gets over tomorrow. The final phase of the seven phase Lok Sabha election will be finished tomorrow with polling in 57 parliamentary seats across seven states and the Union territory of Chandigarh. After the final phase of voting ends all eyes will be on exit polls. The news channels are allowed to air exit polls from 6:30 pm tomorrow. Speaking with Vir Sanghvi at The Print, Prashant Kishor said that he expects Modi-led BJP to get same number of seats it bagged in 2019 elections or may perform even better. «To my mind, BJP is going to come back with similar or slightly better majority. In my assessment, in west and northern India, I don't see BJP taking a material hit in terms of seat,» he said. BJP had bagged 303 seats in 2019 Lok Sabha polls, with bulk of seats from northern and western India. Prashant Kishor said the he does not foresee BJP losing that many seats from north and west India and the BJP has got «adequate cover from east and southern India.'

Jammu and Kashmir were suspended for alleged dereliction of duty on Friday, a day after 22 people were killed and 64 injured in a bus accident in Jammu district. The tragic incident occurred on Thursday, when the bus carrying 86 devotees from Haryana's Kurukshetra and heading towards the Shiv Khori shrine in Jammu and Kashmir's Reasi district skidded off the Jammu-Poonch highway and plunged into a 150-foot gorge. The driver lost control of the vehicle while negotiating a blind curve at the Tungi morh in the Chowki Chora area. Transport department Secretary Niraj Kumar ordered the suspensions and a probe after a high-level meeting was chaired by Principal Secretary of the Home department Chandraker Bharti. «Pending enquiry into the conduct and dereliction of duties, officials posted in the Regional Transport Office in Kathua (Lakhanpur) are placed under suspension with immediate effect and are attached in the office of Transport Commissioner, Jammu,» Kumar said in an order.

SamaaTV, Afridi said, "Fitness is the main thing. If you are fit, your body language gives it away on the ground, be it while batting, bowling, or fielding.

SME IPO of TBI Corn opened for subscription earlier today and will close on June 3. The company aims to raise about Rs 45 crore through the SME IPO and list the shares on the NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. 1) About TBI Corn

Royal Bank of Canada (RBC), the country’s No.1 bank, on Thursday surpassed analysts’ expectations for quarterly profit, driven by strength in its capital market business and its core personal banking segment.

InCred Wealth, emphasises the inevitable volatility around election results. He notes, "The market will be volatile, and we could see sharp moves on either side based on the election result outcome.

RCB went on a winning spree after Kohli’s switch, showing what a difference a change in mindset could make. His preference to score in singles and twos earlier, waiting for balls in his range to hit boundaries, was clearly not working for the team. Then he switched to power-hitting.

India will likely report economic growth of close to 8% in the fiscal year that ended in March, providing a boost to Prime Minister Narendra Modi’s government as elections come to a close. Official data due to be published Friday will probably show Asia’s third-largest economy grew 7% in the first three months of the year, taking growth for the financial year through March to 7.9%, according to a Bloomberg survey of economists. Catch it live here

Asset managers have lined up several new fund offers (NFO) unfazed by the outcome of the general election results on June 4. As many as 12 new fund offers are open or will be launched in the next fortnight. Motilal Oswal launched a multicap fund and JM Financial has started a small-cap fund to complete their product basket in the diversified fund space. Many fund houses are launching thematic funds that include the likes of financial services, manufacturing and special opportunities. Mahindra Manulife and Baroda BNP Paribas are launching manufacturing funds.

₹2.4 crore. This marks a significant turnaround from the previous fiscal year where the company had reported a loss of ₹2.6 crore during the same period.The company also saw a marginal growth of 0.36% in revenue compared to the previous quarter.

₹3.37, marking a substantial 79.56% increase from the previous year.EIH's stock performance in the market has been quite volatile, with a -9.24% return in the last week, but impressive returns of 85.41% in the last 6 months and 74.97% year-to-date.As of 31 May, 2024, EIH has a market capitalization of ₹27300.27 Cr, with a 52-week high/low of ₹502.2 and ₹203.3 respectively.Among the analysts covering the company, all 1 analyst has provided a Buy rating as of the latest data available on 31 May, 2024, with the consensus recommendation also being to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹222.93CrQuestion : What is Q4 revenue?Ans : ₹741.34CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹1.49 for Q4, marking a 14.58% increase year-over-year. This positive EPS growth reflects well on the company's profitability.Shalby's stock performance has shown mixed results with -0.7% return in the last week, -12.01% return in the last 6 months, and -10.67% Year-to-Date return, reflecting market volatility.With a market capitalization of ₹2897.41 Cr and a 52-week high/low of ₹339.5 & ₹136.5 respectively, Shalby continues to be a prominent player in the healthcare sector.Analysts covering Shalby have provided positive ratings, with 1 analyst giving a Buy rating and 1 analyst giving a Strong Buy rating as of 31 May, 2024.

₹14.2 crore for the quarter.In the same period of the previous fiscal year, Dhunseri Investments had recorded a profit of ₹16.27 crore, highlighting a significant reversal in financial performance.Compared to the previous quarter, the revenue growth stood at a substantial 281%, indicating a positive trend in the company's top line.The Selling, general & administrative expenses witnessed a notable increase of 96.65% quarter-on-quarter and a 21.9% rise year-on-year, reflecting potential cost management challenges.On the operational front, the operating income saw a decline of 6.81% sequentially and a significant drop of 112.73% year-on-year, signaling operational efficiency issues.The Earnings Per Share (EPS) for Q4 is reported at ₹-23.29, marking a decrease of 187.29% year-on-year, which could impact investor sentiment.In terms of market performance, Dhunseri Investments delivered negative returns of -4.8% in the last week, -5.32% in the last 6 months, and -1.31% year-to-date, underperforming market expectations.As of now, Dhunseri Investments boasts a market capitalization of ₹712.39 crore, with a 52-week high and low of ₹1631 and ₹675.1 respectively, indicating fluctuations in market valuation.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹-14.2CrQuestion : What is Q4 revenue?Ans : ₹278.37CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹1.43, marking a 15.76% increase YoY.Tamboli Industries' stock performance in the market has not been favorable, with -6.55% return in the last week, -19.22% return in the last 6 months, and -18.33% Year-to-Date (YTD) return.As of now, Tamboli Industries holds a market capitalization of ₹128.81 Cr with a 52-week high/low of ₹194 and ₹117 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹1.42CrQuestion : What is Q4 revenue?Ans : ₹16.93CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Raymond James has acquired a beefy book of nearly $1 billion in client assets through a new addition to its financial institutions division.