Performer Financial News

SRM Contractors, a construction company specialising in infrastructure projects across Jammu & Kashmir and Ladakh, will debut on the exchanges on Wednesday. Ahead of the listing, the company's shares are trading with a GMP of Rs 95, which translates into a listing gain of about 45%.

A good shower head not only enhances water flow but also contributes to relaxation and rejuvenation. With Hindware, you can transform your bathroom into a sanctuary of tranquility, where every shower becomes a revitalizing escape from the stresses of daily life. So, do read this article till the end to elevate your bathing routine with Hindware's commitment to excellence and craftsmanship.

JSW Energy on Tuesday said it plans to raise Rs 5,000 crore by selling shares to high net worth investors through a qualified institutional placement process or QIP. The QIP will take place in one or more tranches. The company did not disclose the purpose of the fundraise.

Apollo Hospitals, India’s leading private hospital network with 71 owned and managed hospitals, has onboarded Vishal Lathwal as chief executive for its homecare business. In his new role, Lathwal will be responsible for driving the company towards the next phase of growth. He will be tasked with cultivating relationships with key stakeholders, identifying growth opportunities, and managing financial performance, while ensuring delivery of high-quality home healthcare services. With over 15 years of professional experience spanning consulting, automobile, and healthcare sectors, Lathwal has expertise in building and expanding direct-to-consumer (D2C) offerings. He is a founding member of Max@Home, the homecare division of Max Healthcare.

Salaar and Kalki 2898 AD have found it tough to find buyers in the OTT industry, which had splurged on acquiring such movies post theatrical release. Streaming services want the acquisition prices of films featuring top stars to be linked to their box office performance, trade experts said, just as in the case of smaller movies. Overall, OTT rates for big-budget movies have fallen by 20-30%, and platforms are no longer keen to buy titles for perpetuity either, they said.

Rajasthan Royals' middle order for the past few years, but had struggled to live up to his potential in the cash-rich league until this season. However, the right-handed batsman has been a consistent performer in domestic cricket, which has helped keep the faith of the RR team management.

Nifty is expected to hit 23,400 levels around the time of the general election outcome led by BFSI, auto, capital goods and metal stocks according to estimates by ICICIdirect, which sees largecaps outperforming the broader market. The brokerage picks nearly 8 dozen stocks as its top bets across sectors believing them to be riding the wave. This means that over the next two months, Nifty is set for a 930-point rally from Monday’s closing of 22,462.

₹2,344 crore, this dynamic sector is forecasted to expand even further, soaring to ₹3,375 crore by 2026. According to a report by professional services network EY and Big Bang Social, the creator marketplace owned by talent management agency Collective Artists Network, 56% of the brands have already invested more than 2% on influencer marketing, and 70% of brands plan to keep their influencer marketing budget the same or increase it in 2024, with half planning to increase it by up to 10%.

IPL 2024, RCB Vs LSG Live Score: Faf du Plessis led Royal Challengers Bengaluru will take on the Lucknow Super Giants in match number 15 of IPL 2024. Playing in their home ground, RCB would be aiming to fire up on all fronts and claim their 2nd win of this year's IPL.

Sunteck Realty has emerged as the worst-performing stock in the sector, both over the past year and in the year-to-date (YTD) period of 2024. While the realty sector has seen significant gains, with the Nifty Realty index soaring, Sunteck Realty has shown comparatively modest performance. Over the past year, it has gained 44 percent, and this year, it is down by 4 percent, significantly underperforming the broader realty index.

Also Read: ADIA, Kotak to invest ₹2,001 crore in Prestige Group’s four housing projects In FY24, the Nifty Realty index emerged as the top-performing sectoral index, recording a fabulous return of 132%. The majority of stocks within the index experienced significant growth over the last financial year. Among the 10 constituents of the index, six saw multibagger returns, with Sobha leading the pack with a remarkable rally of 235%.

Mumbai Indians skipper Hardik Pandya continued to face booing from fans even as former skipper Rohit Sharma is yet to shine with the bat in IPL 2024. Crowd hostility persisted at Wankhede stadium on Monday towards Hardik Pandya as he stepped out for the toss in Mumbai Indians' IPL match against Rajasthan Royals, with fans booing the skipper while chants of 'Rohit… Rohit' echoed throughout stadium. The jeers continued as Pandya spoke after losing the toss, prompting presenter Sanjay Manjrekar to urge the crowd to «behave». Meanwhile, Rohit Sharma, clad in his training attire, conversed with former teammate Harbhajan Singh, who was present on the field as a commentator. Later, a video surfaced showing Rohit seemingly appealing to the crowd to cease booing his successor. However, Pandya temporarily managed to win over the crowd with his batting prowess, swiftly transforming the jeers into cheers with a flurry of boundaries during his brisk 21-ball 34. His entertaining innings lifted Mumbai Indians from a precarious 20/4 to 76/5 in the 10th over before his innings came to an end.

ESG practices are considered pivotal for business sustainability and community engagement. Consumers are increasingly favouring socially conscious brands, providing a competitive edge for MSMEs embracing sustainability.

Before answering that question, let us cover the basics. Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely. Also Read | These 11 equity mutual funds deliver over 60% in one year. Did you make money?

IPL Points Table 2024: Rajasthan Royals registered their third straight win of the season on Monday, comfortably defeating Mumbai Indians by 6 wickets at their home ground. The win sees RR move to the top of the IPL points table, while Mumbai Indians remain at the bottom and Chennai Super Kings have slipped to 3rd spot. The Royals have had a solid start to the season, starting with a win over Lucknow Super Giants in their opening match, followed by a win over Delhi Capitals and now Mumbai Indians.

Purple Cap IPL 2024: The match between Mumbai Indians (MI) and Rajasthan Royals (RR) on April 1 influenced the list of Top 10 wicket-takers in the tournament so far. While the Orange Cap (currently claimed by RR’s Riyan Parag) goes to the highest run-getter in the tournament, the highest wicket-taker gets the Purple Cap. Let’s take a look at which bowlers are in the Top 10 after the MI vs RR IPL match.

Orange Cap IPL 2024: The IPL top run-scorers list has undergone a significant change following Monday's clash between Mumbai Indians and Rajasthan Royals. Young Riyan Parag is now donning the prestigious orange cap, while veteran batsman Virat Kohli has slipped to second place and South Africa's Heinrich Klaasen is third in the run-scoring charts. Also Read | Who won yesterday IPL Match? Best moments of Mumbai Indians (MI) vs Rajasthan Royals (RR) match With another half-century on Monday, Riyan Parag has moved to the top of the run-scoring charts, displacing Virat Kohli from the position he previously held.

Upgrades continued to exceed downgrades during the October-March rating reviews of Indian companies despite a rise in borrowing costs and supply constraints caused by the war in West Asia and the Red Sea crisis. Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially.

Air Canada has awarded a Hong Kong company a major contract to perform heavy maintenance on 56 of its wide-body jets, sparking concerns about Chinese spies bugging the planes and aircraft becoming trapped in China if a military conflict erupts with Taiwan.

₹139.8 a share at the end of the December quarter. The Nifty Midcap index saw its EPS rise a whopping 87% y-o-y to ₹171.8 over the same period. Prabhu expects earnings growth in smids to be in healthy double digits.

imports from China declined 3% in calendar year 2023 over 2022, the commerce and industry ministry said Monday, adding that exports to both China and the EU rose 7.1% and 2.1%, respectively during the period. The statement comes more than a week after report by the United Nations Conference on Trade and Development (UNCTAD) showed that India’s trade dependence on China and the EU increased in 2023 while it reduced on Saudi Arabia. In its Global Trade Update on March 22, the UNCTAD said that India’s trade dependence on China and the EU increased 1.2% each in 2023 while it reduced 0.6% on Saudi Arabia. Trade interdependence between China and the US decreased further in 2023.