Performer Financial News

Modi on Thursday performed puja at the revered Shri Saibaba Samadhi Temple in Shirdi and offered prayers there. Modi was accompanied by Maharashtra Governor Ramesh Bais, Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis. The prime minister will later attend a public programme in Shirdi to inaugurate and lay the foundation stone of development projects worth about Rs 7,500 crore in sectors like health, rail, road and oil and gas. The PM will also travel to Goa to inaugurate the 37th National Games.

Wesfarmers boss Rob Scott said strong wages growth unmatched by corresponding productivity gains is one of the factors that could influence the Reserve Bank to raise interest rates before Christmas.

From fitness enthusiasts seeking robust health tracking to individuals wanting a sleek accessory for their wrist, we've got you covered. Our list includes options that cater to a range of preferences, whether you need a watch for outdoor adventures, calling convenience, or style statements. Join us on this journey as we delve into the features, design, and performance of these budget-friendly smart watches. Make an informed choice and enhance your daily life with the perfect companion that fits your needs and budget.

share buyback price is pre-decided by the company. For every share tendered, investors benefit. In the open market option the company buys back shares from the open market over an extended period.

Sona BLW Precision Forgings, an automotive technology company, witnessed a strong spike in its shares on Thursday after the company posted the highest-ever revenue, EBITDA, and net profit for the September quarter. The company on Wednesday posted a 34% YoY and 15.7% QoQ growth in its consolidated net profit at ₹124 crore, while the revenue from operations came in at ₹791 crore, an increase of 20% YoY, and it reported an EBITDA of ₹223 crore for Q2 FY24, an improvement of 35% YoY and 28.2% QoQ. Following the robust Q2FY24 performance, the stock began Thursday's trade positively, opening at ₹520 apiece, 1.41% higher than the previous closing price of ₹512.75, and zoomed further during the trade to hit an intraday high of ₹539.95 apiece, up by 5.30%.

international markets, Ayesha! However, you must first assess your risk profile and be clear about your long-term investment goals. You will also need to decide what percentage of your portfolio you wish to commit to foreign investments. Once you are set, please keep in mind the following factors: Select the right products: Choose products that align with your investment objectives.

Reliance Industries (RIL) is expected to show healthy year-on-year (YoY) growth in profit and EBITDA (earnings before interest, taxes, depreciation, and amortization) led by decent growth in oil to chemicals (O2C) segment as well as telecom and retail. In Q1FY24, the company witnessed a 10.8 per cent decline in its net profit at ₹16,011 crore, while revenue from operations fell 4.69 per cent to ₹2,31,132 crore. RIL will announce its Q2FY24 results on Friday, October 27.

Lawrence Faucette, a 58-year-old United States veteran, was dying of heart failure and had explored nearly every avenue for a life-saving transplant. Amidst the uncertainty, a glimmer of hope remained: an unconventional yet promising possibility — the gift of a pig’s heart.

The European Central Bank is likely taking a break from interest rate increases

Fortescue’s flagship iron ore division has made a slow start to the new financial year, and the company will need to raise its export rate over the next nine months if it is to achieve a fifth consecutive export record.

Former Woolworths chief executive Roger Corbett made a surprise appearance at the supermarket giant’s annual meeting, criticising the retailer’s chairman Scott Perkins for supporting “the status quo” at Endeavour Group, where Woolworths is a major shareholder.

Adani Enterprises (down 3.2%), Tech Mahindra (down 2.8%), Mahindra & Mahindra (down 2.6%), Bajaj Finserv (down 2.5%), Hindalco Industries (down 2.1%), Bajaj Finance (down 1.9%), LTIMindtree (down 1.7%), and Eicher Motors (down 1.7%) were the top losers in the pack. On the flip side, Axis Bank and HCL Technologies are trading in the green with a marginal gain of 0.8% and 0.1%, respectively. Among sectoral indices, Nifty Realty was the biggest laggard in today's trade, dropping as much as 3.17%, followed by Nifty Media (down 2.6%), and Nifty PSU Bank (down 2.31%).

Narendra Modi is scheduled to make a visit to Shirdi in Maharashtra today and inaugurate and lay the foundation stone for multiple development projects. He will take part in religious rituals and pay his respects at Saibaba Samadhi Temple, according to an official statement.

Russia's deadly attack on a beloved pizzeria in eastern Ukraine in June was painful for residents

Punjab National Bank (PNB), the state-run lender, is set to report its financial results for the second quarter of FY24 today, October 26. The meeting of the Board of Directors of PNB is scheduled for today to declare Q2FY24 earnings. The public sector bank PNB is expected to report strong earnings for the second quarter of FY24 on the back of lower provisions with steady loan growth.

The main goal of investing in mutual funds is to generate substantial returns and construct a prosperous investment portfolio. Mutual funds provide several benefits that render them a favoured option for amassing long-term wealth, including:

Jubilant FoodWorks share price today: Jubilant FoodWorks share price fell over 5 per cent on Thursday, October 26, a day after the company reported its September quarter earnings. Jubilant FoodWorks share price opened at ₹511 against the previous close of ₹528.40 and soon fell over 5 per cent to the level of ₹499.55. The stock traded 5.07 per cent lower at ₹501.60 on the BSE around 9:30 am.

Axis Bank share price traded over a percent higher on Thursday after the bank reported strong earnings with surprise on the margin front for the quarter ended September 2023. Axis Bank shares gained as much as 1.42% to ₹969.00 apiece on the BSE. Private lender Axis Bank reported a net profit of ₹5,863 crore in Q2FY24, registering a 10% YoY growth, while net interest income (NII) rose 18.9% to ₹12,314.56 crore.

Tech Mahindra reported a weak set of results yet again. Shares of the IT major fell almost 5 percent on Thursday after it reported a sharp fall in its net profit in the September quarter (Q2FY24). It also failed to meet street expectations on both profit and revenue.

“My first investor, who is very close to me, indeed had faith in our fund. She invested Rs 55 L with us on the inception date of October 8, 2020. When I last checked her investment at the end of September, it had grown to approximately Rs 2.05 cr,” says Anirudh Garg, Partner & Fund Manager, INVasset LLP. In an interview with ETMarkets, Garg said: “Our fund house, INVasset, manages the INVasset Growth Fund, which operates on a unique algorithm known as the INVasset Aaid Shifter” Edited excerpts: Second straight month of consistent performance with gains of more than 9% compared to over 1% rise seen in the Nifty50. Please take us through the performance of your fund ‘Growth Pro Max Fund’ in September. As we delve into past returns, there are a couple of important disclaimers to keep in mind. Firstly, any discussion of past returns should not be construed as a guarantee of future performance.

Zerodha Broking and Smallcase Technologies, launched its maiden funds — Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund. Both are open-ended, passive, index equity mutual fund schemes with the minimum amount of investment being Rs 100 and Rs 500, respectively. The NFOs will close on November 3. The schemes will replicate the Nifty LargeMidcap 250 Index, with the ELSS having a mandatory lock-in of 3 years. The 250 stocks of the Nifty LargeMidcap 250 Index are the combination of the universe of stocks forming part of the Nifty 100 Index and Nifty Midcap 150 Index.