Performer Financial News
29.05 / 16:03
UPS
FIVE
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performer
bowling
India hold top spot in ICC rankings heading into T20 World Cup
T20 World Cup winners India held the top spot in the men's T20I team rankings ahead of the upcoming edition of the tournament, which the West Indies and USA are co-hosting from June 1-29. India have 264 rating points. Two-time champions West Indies have moved up to fourth position, their players showing some great form ahead of the T20 showpiece. The winners of the 2012 and 2016 editions of the tournament are ahead of New Zealand and South Africa after their 3-0 win over South Africa, who were pushed down to seventh position in the list led by India.
29.05 / 15:09
Provident
Booking
security
performer
innovations
reports
RBI Dy Guv urges ARCs to adopt regulation plus approach
Reserve Bank of India's deputy governor pointed out that asset reconstruction companies (ARCs) have been 'conduits to the evergreening of distressed assets', and some of them have 'used innovative structures to circumvent regulations'. Directing ARCs to adopt a regulation-plus approach, the DG said that ARCs' performance is less than optimal. J Swaminathan, DG, stated this at a conference in Mumbai on May 17 with senior officials from the ARC industry. «During our onsite examinations, we have come across instances where ARCs have been used or allowed themselves to be used, if I may say so, as a conduit to evergreen distressed assets,» Swaminathan stated.
29.05 / 14:13
ETF
Gap
Strategy
Trade
performer
track
diving
Lloyd Capital and HANetf partner for double equity ETF launch
The Lloyd Focused Equity UCITS ETF and the Lloyd Growth Equity UCITS ETF track the Solactive Focused Equity and Solactive Lloyd Growth Equity indices, respectively. HANetf said it aims for the two funds to successfully replicate the strong performance of Lloyd Capital's equity strategy. Deep Dive: Retail investors help close the gap between European and US ETF market Within the first week of trading, the two ETFs gathered $319.6m in assets under management, which the companies attributed to their pre-marketing campaign. While both funds will invest in companies that trade at a p...
29.05 / 13:10
markets
Trade
performer
Features
Poco F6 goes live on Flipkart for sale: Check price and offers
Poco F6 has been set with significant discounts for initial buyers. The 8GB RAM with 256GB storage model is priced at Rs. 25,999, while the 12GB RAM with 256GB storage variant is available for Rs.
29.05 / 13:08
Provident
Target
FIVE
Manufacturing
Opinion
performer
Features
Best electric handheld massagers: Relieve muscle tension and reduce stress at home with these top 8 picks
What are buyers saying on Amazon?Buyers are satisfied with the pain relief it provides and its attractive appearance. However, opinions vary when it comes to the portability and length of the cord.Why choose this product?The Dr Physio Electric Full Body Massager is an excellent choice for those seeking a versatile and portable solution for pain relief and relaxation. Its various massage heads and ergonomic design make it suitable for a wide range of uses.
29.05 / 13:07
Provident
Target
love
performer
country
Features
Best full body massage chair: Top 7 options to experience the relaxation and comfort
What buyers are saying on Amazon?Buyers praise the chair's quality, comfort, and performance, highlighting its luxurious look, effective neck and back massage, and great value.Why choose this product?Choose this chair for its comfort and quality, the neck/back massage makes it a smart investment.The HCI Massage Chair with Zero Gravity is designed for complete stress relief, featuring advanced massage technology. It offers a full-body experience with soft rollers, hot stone therapy, and a professional-grade build.
29.05 / 13:06
UPS
Election
Trade
performer
Cello World stock surges 4% after board approves fundraising via QIP
₹5.At 12:30 pm, the scrip was trading at ₹886.90 per share on Wednesday. The stock closed at ₹860.10.Also read: Multibagger stock: Magellanic Cloud soars 8166% in 5 years, 4078% in 3 years; should you invest?In an exchange filing, Cello World announced that the fund-raising will require shareholder approval.
29.05 / 12:57
29.05 / 11:41
Dreams
performer
exclusive
stars
Interviews
Rinku Singh breaks silence on exclusion from India's T20 World Cup 2024 squad: ‘Big thing for….’
Rinku Singh broke his silence and revealed that he was a bit upset in the beginning. He agreed that his exclusion was more due to the combination of team rather than performance and emphasized that where he comes from, making it to the reserve list is also a big achievement. “Yes, anyone feels a little sad if they are not selected despite good performance.
29.05 / 11:39
UPS
FIVE
ETF
Experts
performer
reports
recommendations
Mutual fund SIP inflows jumped over 2 times in Narendra Modi's second term as PM
SIP contribution by mutual fund investors has grown over two times in Narendra Modi’s second term as PM from Rs 8,183 crore in May 2019 to Rs 20,371 crore in April 2024 (last available data for comparison), an analysis by ETMutualFunds showed. The number of SIP accounts has also increased from 2.73 crore in June 2019 to 8.70 crore in April 2024, according to the monthly data released by the Association of Mutual Funds in India (AMFI). The number of mutual fund folios have surged by around 118% from 8.32 crore in May 2019 to 18.14 crore April 2024, according to the data of folios released by AMFI.
29.05 / 11:27
markets
Target
Enterprise
Election
performer
reports
NBCC shares rise 5%, surge over 233% in last one year; what's behind the rally?
₹142 on May 29, against previous at ₹138 per share on Tuesday.The state-owned construction company reported a 24.6 percent year-on-year increase in net profit, reaching ₹141.5 crore, and a 43 percent year-on-year surge in revenue from operations, totaling ₹4,025 crore for the reviewed quarter.Also read: Dividend stock: Multibagger chemical stock declares final dividend for fourth straight yearAt the operational level, NBCC's EBITDA rose to ₹240.2 crore in the fourth quarter of FY24, compared to ₹104.5 crore in the same period of FY23. The EBITDA margin improved to 6 percent from 3.7 percent in the previous fiscal's corresponding quarter.At 9:30 am on Wednesday, the NBCC shares opened 4.17 per cent higher at ₹144.80 per share.
29.05 / 11:17
COST
Research
performer
reports
BMO hikes dividend but misses expectations as credit provisions climb
Bank of Montreal missed analysts’ estimates after setting aside more money than expected for potential credit losses as consumers and businesses struggle with higher interest rates.
29.05 / 10:47
Entertainment
security
performer
country
Olympics
Sporting
wrestling
IOS Sports signs India's top wrestlers
IOS Sports & Entertainment has signed three of India's top wrestling talents — Reetika Hooda, Nisha Dahiya, and Aman Sehrawat. All three of them have secured spots for the Paris 2024 Olympics. With these latest signings, four of the six qualified Indian wrestlers for the Games, will now be represented by IOS Sports & Entertainment, who already have Anshu Malik(qualified for Paris 2024) and Sonam Malik in their wrestling roster. The onboarding of the three talented grapplers highlight IOS's commitment to nurturing India's sporting potential and furthering the country's ambitions on the global stage.
29.05 / 08:09
Enterprise
performer
reports
Schools
HCLTech infuses GenAI into MRO solution to drive enterprises' asset utilisation
HCL Technologies (HCLTech) has added generative AI or GenAI capabilities to its Maintenance, Repair and Overhaul (MRO) solution, to help optimise enterprises' asset utilisation. The infusion of GenAI into its MRO solution — iMRO/4 — would help enterprises raise the performance and efficiency of complex, high-value assets in transportation, technology, energy, aerospace and defense, according to a release.
29.05 / 08:09
COST
economy
Fitch
Moodys
performer
country
S&P revises outlook for India to positive, affirms rating at BBB-
Rating firm S&P on Wednesday revised outlook for the Indian economy to 'positive' from 'stable' and has affirmed the overall rating at 'BBB-'. 'BBB-' is the lowest investment grade rating offered. «India's robust economy growth positive impacts credit metrics,» S&P said. «The government's infrastructure spend will aid India's growth trajectory. We expect a continuity in India reforms regardless of poll outcome,» S&P said.
29.05 / 06:35
markets
performer
Updates
Goodluck India Q4 Results Live : profit rise by 31.88% YOY
₹11.81 for Q4, indicating a 14.46% increase year-over-year.In terms of market performance, Goodluck India has delivered negative returns of -8.92% in the last week, -4.65% in the last 6 months, and -9.1% year-to-date.
29.05 / 06:35
markets
trends
Trade
performer
recommendations
Updates
NBCC India Q4 Results Live : profit rise by 25.53% YOY
₹1.14, marking an impressive 84.1% increase year-over-year, reflecting positively on the company's profitability.Despite recent market trends, NBCC India has delivered varying returns, with -6.69% in the last week, a substantial 104.12% return in the last 6 months, and a solid 70.2% year-to-date return.Currently, NBCC India commands a market capitalization of ₹24984 Cr, with a 52-week high/low trading range of ₹176.85 and ₹38.2 respectively, showcasing market confidence in the company.Analyst ratings as of 29 May, 2024, depict a mixed sentiment towards NBCC India, with 2 analysts recommending a Strong Sell, 1 analyst suggesting a Hold, and 1 analyst advocating a Buy rating for the company.The overall Q4 results reflect NBCC India's strong financial performance and strategic management, positioning the company for continued growth and value creation for its stakeholders.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹136.08CrQuestion : What is Q4 revenue?Ans : ₹4024.5CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
29.05 / 05:29
markets
Provident
performer
cover
recommendations
Updates
Engineers India Q4 Results Live : profit falls by 39.25% YOY
₹2.05, marking a 39.23% decrease from the previous year.Engineers India's stock performance in the last week resulted in a -2.88% return, while it has delivered impressive returns of 84.57% in the last 6 months and 54.53% year-to-date.The company currently holds a market capitalization of ₹14891.31 Cr, with a 52-week high/low of ₹289.9 & ₹106.25 respectively.Analysts covering Engineers India have provided mixed ratings, with 4 analysts suggesting a Hold rating, 1 analyst recommending a Buy, and 1 analyst advocating for a Strong Buy.The consensus recommendation as of 29 May, 2024, was to Buy the stock.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹115.52CrQuestion : What is Q4 revenue?Ans : ₹805.14CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
29.05 / 05:29
Enterprise
Trade
performer
cover
hospital
reports
Brigade Enterprises shares surge over 8% to new record high as net profit rises 3-fold in Q4
Brigade Enterprises, one of India’s leading property developers, jumped 8.66% to reach a historic peak of ₹1,331.45 apiece in early morning trading today, driven by the company's robust performance for Q4 and the full fiscal year (FY24).On Tuesday, the company reported a 233% surge in its consolidated profit to ₹210 crore for the March quarter as compared to a net profit of ₹63 crore in the same period last year. Its revenue from operations soared to ₹1762 crore, an improvement of 100% compared to ₹872 crore in Q4 FY24.
29.05 / 04:39
markets
BTC
Bitcoin news
ETF
Bitcoin
performer
Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback
Bitcoin bulls have little to worry about regarding the BTC price uptrend, according to QCP Capital. The recent movement of coins from the defunct exchange Mt. Gox, which led to a 2% drop in BTC prices, is seen as a temporary setback rather than a significant shift in market trajectory.
29.05 / 03:51
markets
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Analysis
Research
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Profiles
Cement, infra are key sectors to look at because of prospect of policy continuity: Pankaj Pandey
Pankaj Pandey, Head Research, ICICIdirect.com, says if the incumbent government gets a simple kind of a majority, it could be a non-event for the market. The focus, again, will shift towards the earning side or the kind of announcements that one would expect in the Budget or subsequent policy announcements in various sectors. That will hold the key and that is where we are largely focusing upon. Pandey also says that since the monsoon expectation is also good, the focus will shift towards the overall infra spend side and cement is one sector where we have not seen much of a price performance. He likes key players like ACC, Ambuja, UltraTech or JK Cement which he says are going to experience a slightly better growth rate than the industry.
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