Performer Financial News

27.07 / 13:33

COST IPO Parke band performer cover Shri Techtex IPO: GMP, subscription status on day 2, and other key details here

₹54 to ₹61 per equity share and the share will be listed on the NSE SME exchange Monday, 7 August. Shri Techtex IPO plans to raise ₹45-50 crore. The company plans to use the net proceeds from the offering to pay for the following projects, including building a factory shed, starting a solar farm, buying equipment, meeting working capital needs, serving general corporate objectives, and covering public offering costs.

27.07 / 12:59

UPS Provident Lowe's Ball performer cover cricket Best Cricket Bat in India for the Emerging Tendulkar in You

To help you pick the right product, we have ensured to add every information about the product you need to know to take a call about the bat. Please note that we have arranged our products in descending order in terms of the price so keep scrolling till the end to find the cheapest bat on the list.

27.07 / 12:45

UPS Progressive CEO Indus performer surges Indus Towers Q1 Results: Net profit surges 182% to ₹1,348 crore, revenue up 3%; ESOP declared

Indus Towers Q1 Results: Indus Towers announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 27, reporting a surge of 182 per cent in consolidated net profit at ₹1,348 crore, compared to ₹477 crore in the corresponding period last year. The company's revenue from operations during the first quarter of current fiscal stood at ₹7,075 crore, up almost three per cent, compared to ₹6,897 crore in the year-ago period.

27.07 / 12:03

Digital performer country Ports expected to overcome headwinds with 4-5% volume growth in FY24: Ind-Ra

New Delhi: Despite challenges posed by economic slowdown in importing markets like the EU and the US, Indian ports are anticipated to achieve mid-single digit volume growth on an aggregate basis in the financial year 2023-24, according to India Ratings and Research (Ind-Ra). The resilience of Indian ports stems from enhanced operational efficiency, the government’s emphasis on developing downstream logistics infrastructure, and stability in freight rates, enabling them to offset potential lower volumes and achieve a 4%-5% year-on-year volume growth in FY24 (with a compound annual growth rate of 3.5% during FY15-FY23).

27.07 / 11:45

UPS Ripple XRP Action Dreams show performer week Ripple is Going to Zero as XRP Price Drops 15% in a Week and Evil Pepe Just Raised $950,000 – How to Buy Early?

As Ripple remains jubilant following recent lawsuit victory against the Securities and Exchange Commission (SEC), price action for network native XRP token remains in a tumultuous retracement.

27.07 / 11:31

UPS FIVE Progressive CEO performer Growth in new business for private life insurers slows down

The value of new business (VNB) for private sector life insurers in the first quarter of FY24 seems to be in the slow lane.

27.07 / 11:31

UPS film performer track star audience Rocky Will Ranveer Singh’s Rocky Aur Rani Kii Prem Kahani cross the opening of Kartik Aaryan’s Satyaprem Ki Katha?

After ‘Satyaprem Ki Katha’, the world of Bollywood romances is set for another grand spectacle with the upcoming release of ‘Rocky Aur Rani Kii Prem Kahani’. While ‘Rocky Aur Rani Kii Prem Kahani’ stars the powerhouse performer Ranveer Singh and Alia Bhatt, the former was a resounding success for Kartik Aaryan and Kiara Advani. The question on everyone’s mind is whether ‘Rocky Aur Rani Kii Prem Kahani’ will be able to surpass the opening weekend collections of ‘Satyaprem Ki Katha’, which soared to over 37 crores.

27.07 / 11:31

COST Citi CEO show performer Luxury housing sales across top 7 cities rise by 130% YoY in Jan-June’23

The luxury housing segment in India maintained strong sales momentum, registering a 130% Y-o-Y increase in Jan-Jun’23 period. Total sales of luxury units during Jan-Jun’23 period stood at 6900 compared to 3000 units during the same period last year, according to a CBRE report.

27.07 / 11:01

UPS Immunic performer country reports India reports 42 new covid cases in a day

coronavirus infections over the past 24 hours, with active caseload at 1,452, according to an update by the health ministry on Thursday. There has been a steady decline in covid cases over the past few months. The tally of total cases stands at nearly 4.50 crore with death toll at 531,915.

27.07 / 11:01

COST UPS CEO performer ACC Q1 Results: Net profit soars 105% to ₹466.14 crore; revenue growth at 16.4% YoY

₹466.14 crore for the quarter ending June 2023. ACC Q1 net profit more than doubled from ₹227.35 crore in the corresponding period of last year. The company’s consolidated revenue in Q1FY24 increased 16.4% to ₹5,201.11 crore from ₹4,468.39 crore, YoY.

27.07 / 11:01

UPS performer dividend Ajanta Pharma Q1 results: Consolidated PAT up 19% to ₹208 crore, declares dividend

Ajanta Pharma, a mid-size firm which is into thespecialty pharmaceutical formulation today reported its performance for the 1st quarter of the current financial year. The company reported revenue from operations at Rs. 1,021 crore and the EBITDA at Rs.

27.07 / 11:01

UPS Provident Booking performer Buyback L&T share buyback will be fully subscribed: CFO Raman

buyback of shares will be fully subscribed as it offers shareholders around 15% premium to the market price, chief financial officer R. Shankar Raman told Mint in an interview. “If you look at various offers that have been put out, they've been between 15 and 20% premium and our assessment of the market is that it is around 15% premium.

27.07 / 10:59

Mobile performer voice reports Airtel Africa Q1 Results: Firm reports $151 million-loss; revenue jumps 20% YoY

Airtel Africa on Thursday reported a loss of USD 151 million (about Rs 1,237 crore) for June quarter 2023-24. In the year-ago period, it logged a profit of USD 178 million, a company statement said.Revenue in constant currency terms grew 20.4 per cent year-on-year to USD 1,377 million in the first quarter of the current fiscal, it said.

27.07 / 10:39

UPS Digital Nestle performer stage track Should you buy the dip in IT stocks? Sandip Sabharwal answers

Sandip Sabharwal, asksandipsabharwal.com, says “IT is always a space which has found a huge amount of interest from retail, HNIs, as well as funds. All three categories of investors are continuously looking to buy stocks in the technology sector because they do not have debt on the balance sheet and pay out good dividends. Also, buybacks keep on happening.

27.07 / 10:39

Provident Siemens Manufacturing Celebrity performer Balkrishna Industries, Siemens, 7 other stocks cross 20-day SMA

Balkrishna Industries and Siemens led the way, exemplifying strong performance in their respective industries. Let's explore the performance of these stocks. (Data Source: StockEdge)1. Balkrishna Industries Balkrishna Industries celebrated an upswing as its stock crossed the 20-day SMA at Rs 2393.92 and closed at Rs 2502.35 on July 26.

27.07 / 10:01

performer Indian Indian Bank Q1 Results: Net profit rises 41% YoY to Rs 1,709 crore

Indian Bank on Thursday posted a 41 per cent increase in net profit at Rs 1,709 crore in the April-June quarter, mainly due to decline in bad loans. The Chennai-based lender had posted a net profit of Rs 1,213 crore in the year-ago period.

27.07 / 09:41

COST UPS Lowe's performer Latin Ceat bets on exports to drive volumes

Ceat Ltd. is hopeful of that a recovery in exports will spur its volume growth in FY24. Despite a weak European market, the company's management said during its Q1 FY24 earnings call, improvement in markets like the Middle East, Africa, and South Asia, alongside robust performance in the US and Latin America, offer optimism in the backdrop of likely tepid demand in the replacement markets.

27.07 / 09:13

Provident Target Aware Strategy performer Baring stake Cipla promoters mull stake sale to top PE firms Blackstone, Baring Asia: Report

Cipla are in talks with top private equity (PE) players to sell a part of their total holding in the company, according to a media report. An investment bank has been hired to advise on the deal, and Blackstone, Baring Asia, among others, are in talks to explore a deal, the report said, citing three independent sources. The promoters own a 33.47% stake in Cipla, and this move is seen as a step towards succession planning for the company, the report said.

27.07 / 07:59

Digital Progressive Colgate performer Colgate’s multi-quarter high Q1 revenue growth, margin brightens investors day

₹2009.90 per share. Performance outshone expectations, with both revenue and margins surpassing forecasts. The company’s gross margin reached a multi-quarter high of 68.4% in Q1, reflecting a year-on-year expansion of 211 basis points (bps).

27.07 / 07:59

Platform Entertainment film Actor show performer exclusive Explainer Hollywood strike: Why writers, actors protesting in the US. EXPLAINER

entertainment industry popularly is hit by multiple strikes as actors and writers have raised issues of fair compensation and protection from the encroachment of artificial intelligence. Amid the strike, Netflix has listed a position for a machine learning product manager that will compensate somewhere between $300,000 and $900,000 a year. On 2 May 2023, more than 11,000 TV and film writers went on strike in the US.

27.07 / 07:59

UPS Booking Nestle Allianz performer Bajaj Finserv Q1 Results: Net profit jumps 48% to ₹1,943 crore; revenue rises 47% YoY

₹1,942.63 crore. The company’s net profit in the same quarter last year was ₹1,309 crore. The company’s revenue from operations in Q1FY24 increased 46.5% to ₹23,280 crore from ₹15,888.3 crore, YoY.

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