Performer Financial News

Kirloskar Pneumatic Company shares surged another 18% in today's intraday session, reaching a new all-time high of ₹1,076.70 apiece. Investors continued to express optimism following the company's healthy performance for Q4 FY24 and for the full fiscal year. During the previous trading session, the company soared by 15% after it released its results during market hours, surpassing analysts' expectations.

IndusInd Bank shares fell 2 percent in intra-day deals today, April 26, after some brokerages cut EPS (earnings per share) estimates for the private sector lender despite it posting a 15 percent jump in its March quarter (Q4FY24) net profit. The bank reported a 15 percent rise in net profit at ₹2,349 crore in Q4FY24 versus a net profit of ₹2,043 crore in the year-ago period. Meanwhile, net loans grew 18 percent, outpacing the 14 percent growth in deposits.

New Delhi (India), April 22: The Indian e-commerce sector is witnessing a meteoric rise, fuelled by millions of new internet users and soaring smartphone ownership. While online shopping has become mainstream, a key challenge persists: an efficient delivery and logistics network. Traditional methods struggle with inefficiency and high costs, hindering the smooth flow of e-commerce.

₹443 per share with a gain of 2.5%. In the last four trading sessions alone, the stock has surged by an impressive 31.30%. Since hitting its lows in March 2024, the stock has seen a remarkable 61% increase in value.

₹44 per share. Step 1: Log in at direct Cameo Corporate Services link — https://ipo.cameoindia.com/ Step 2: Choose "Shivam Chemicals IPO" under the company name field. Step 3: Add "PAN Number, Beneficiary ID, or Application No./CAF No." Step 4: Click at 'Search' You will be able to view your Shivam Chemicals IPO status.

mutual fund scheme Mirae Asset NYSE FANG+ETF FoF-Reg(G) delivered nearly 20% returns in the January-March quarter outperforming its peers in this category in the said period. The returns were higher not just against those domestic funds which invest in Indian equities but also those which invest in overseas stocks. As per the data available with Amfi, the number of thematic funds at the end of March stood at 160 which includes global, MNC and overseas fund-of-funds. The average returns delivered by this category in the January-March quarter stood at 5.10%.

Nestle India’s share price fell on Friday to the day’s low of Rs 2,511.60, dropping 2% after the company declared its Q4 results on Thursday. The standalone net profit rose 27% year-on-year (YoY) to Rs 934 crore for the March quarter as compared to Rs 737 crore a year ago.

IndusInd Bank shares fell 2% to Rs 1,469 in Friday's trade on BSE after the firm reported its March quarter results. Private sector lender reported a 15% year-on-year (YoY) jump in its March quarter net profit at Rs 2,347 crore, which was higher than the Street estimate of Rs 2,041 crore. Its net interest income or NII rose 13.9% to Rs 5,376 crore during the quarter.

mutual funds have offered an average return of 16.52% in the last three years, data crunching by ETMutualFunds showed. There were around 10 mutual fund schemes in the ESG theme based mutual fund category which includes both active and passive funds. Quant ESG Equity Fund, the topper in the category, gave 31.58% return in the last three years. ICICI Prudential ESG Exclusionary Strategy Fund offered 17.40% return in the said time period. SBI ESG Exclusionary Strategy Fund gave 16.63% return in a five year period. Both these schemes follow Exclusionary Strategy after Sebi introduced five new sub-categories.

The company’s EBIT margin stood at 17.1% for the quarter ended March and the board has recommended a final dividend of Rs 33 per share.

mutual funds are now beginning to show early signs of a possible reversal in March when an outflow of Rs 94.17 crore was seen for the first time in 31 months. Largecap funds, on the other hand, are back in vogue as investors poured in Rs 2,127 crore last month after pulling out Rs 2,741 crore in the last 11 months. The total assets under management (AUM) of largecap funds has now surged to Rs 3.14 lakh crore, the second highest in equity category after flexicap funds. Does the on-going volatility in the mid and small cap funds and the outflows from small cap funds in March indicate that large cap funds will gain more popularity from the investors?

Sanjiv Bhasin, Director, IIFL Securities, says “in midcap IT, we are overweight on LTIM. We have been very positive on HCL Tech and Wipro. Wipro is our top largecap pick along with HCL Tech. However, the real fire in the belly is BHEL and Ircon. Put your money there because those are going to be the real outperformers at least till the elections.” Yesterday there was a good short covering. The May series will see a confluence of a lot of factors – the progress of monsoon, progress of polls, progress of earning season and now the US data. What do you think? Sell in May and go away will work or just like last time round, it would not work this time as well? Sanjiv Bhasin: You have been on a nice holiday in April. I suggest you take another break in May because yes, selling in May and going on a holiday is very much on the card. Markets have ignored all news and are relentless in their rally to upside and now all good news including NDA getting 450 seats on the poll front are also getting priced in. So, I would advise a lot of caution, particularly in stocks and sectors, which are not aligning with the growth which has come.

Lok Sabha elections always create a buzz around the D-Street. Over the long term, stock markets have generally exhibited positive returns despite short-term volatility related to elections. Volatility can work in both directions-upward and downward. While downward volatility refers to periods of declining prices and increased market uncertainty, upward volatility describes periods of rising prices and increased market fluctuations. While past performance does not indicate future results, historical market trends can provide insights. <div data-placement=«Mid

Q4 results 2024 today: Shares of Maruti Suzuki India Ltd (MSIL) will be in focus when the Indian stock market opens today. The Indian auto major has informed exchanges that its board of directors is going to consider and approve Q4 results 2024 on 26th April 2024 i.e.

New research by Cerulli Associates indicates that financial advisory practices that integrate technology extensively are experiencing more rapid growth compared to those that do not.

2009 Lok Sabha elections: Thiruvananthapuram saw a three-cornered contest between Congress' Shashi Tharoor, who was contesting for the first time from the seat, CPI's P Ramachandran Nair, BSP's A Neelalohithadasan Nadar. Shashi Tharoor won the seat with 326,725 (44.29 per cent votes) defeating CPI's P Ramachandran Nair with a margin of 99,998 votes. The CPI candidate won 226,727 (30.74 per cent votes).

Jennifer Aniston, known for her work in the popular TV Series Friends has decided to produce a remake of the classic comedy movie 9 to 5 which is a long time under development. With this latest development related to Aniston, this project will finally begin seeing the light of the day and hopefully, a release will be on the cards soon. Aniston's presence in Friends has been regarded as one of the best screen appearances in the TV Series. Friends has been one of the most watched series of all time and a reunion of the Friends cast was also documented and streamed. The emotion around this series is phenomenal and it is expected that Aniston's immense talent and skills will be a great addition to the remake of 20th Century Studios' 9 to 5.

economic performance" continues to be backed by resilient growth, robust economic activity indicators, price stability and steady external sector performance, the finance ministry said Thursday. However, geopolitical tensions such as those roiling West Asia, remain a concern although risk perceptions over them have softened, offering a potential upside for growth, the ministry said in its monthly economic report for March. The global economic landscape is seeing a gradual resurgence, with fading fears of recession and rebounding growth in major economies, it said. But regional disparities in terms of the pace of growth still exist. India continues to exhibit a robust economic performance, despite global uncertainties, due to factors such as strong domestic demand, robust investment and sustained manufacturing momentum, the ministry said.

OnePlus 13 is rumored to boast an expansive 6.8-inch micro-curved display, operating at a crisp 2K resolution. Building on the success of its predecessors, the device is expected to incorporate LTPO technology, promising improved battery efficiency. Notably, similarities with its predecessor, the OnePlus 12, in terms of display raise questions about significant advancements in this aspect.

Bajaj Finance, IndusInd Bank, Tech Mahindra among 38 companies to report Q4 earnings on April 25 While Joshi did not delve into the specifics of how the margin target would be achieved, Rohit Anand, Tech Mahindra’s chief financial officer, said the company is planning “cost-saving exercises to stabilize the margin by next year, before growing further by FY27". To be sure, the company’s margin was 6.1% in FY24—the worst among the top six IT services firms. According to Joshi and Anand, Cost-saving initiatives will amount to reducing expenses by $250 million per year to reach its margin target.

Read more about other Air conditioners in the Major Appliances section of the Top Trending Products page. Check out the best ACs under 55000 below. 1. LG 2.0 Ton 3 Star AI DUAL Inverter Split AC LG 2.0 Ton 3 Star AI DUAL Inverter Split AC (Copper, AI Convertible 6-in-1 Cooling, 4 Way Swing, HD Filter with Anti-Virus Protection, 2023 Model, RS-Q24ENXE, White)42% Off₹54,990₹94,990Buy Now The LG air conditioner stands out as a powerful cooling solution tailored for large rooms. Its AI Convertible 6-in-1 Cooling feature provides users with the flexibility to adjust cooling capacity according to their needs, optimizing energy consumption. With a 3-star energy rating and an ISEER value of 3.96, it ensures efficient operation while keeping energy costs in check. The variable speed compressor adapts power based on the heat load, maintaining consistent cooling performance.