Performer Financial News

26.07 / 05:19

Citi Booking Manufacturing performer voice share price ITC Share Price Falls as Investors Disappointed with Demerger Ratio

hotel industry that are worth discussing today. The first is about booming hotel rates ahead of the scheduled ODI International World Cup. The 2023 men's cricket world cup will be hosted by India from 5 October 2023 to 19 November 2023.

26.07 / 05:19

performer share price PNB Q1 Results Live: PNB share price gains more than 3% as net profit expected to jump to ₹1,800 crore

₹9,500 crore from ₹7,542.8 crore, YoY, as per average analysts’ estimates.PNB share price rallied over 3% ahead of the release of Q1 results. PNB shares gained as much as 3.19% to ₹62.62 apiece on the BSE.

26.07 / 05:19

Waters Platform Photography Samsung performer cover Samsung Galaxy Unpacked event today: Galaxy Z Flip 5, Fold 5 and other expected launches

Galaxy Unpacked event scheduled for 4:30pm IST today. The event is expected to primarily focus on unveiling the next generation of foldable smartphones - the Galaxy Z Fold 5 and Galaxy Z Flip 5. These devices will succeed the Galaxy Z Fold 4 and Galaxy Z Flip 4, respectively.

26.07 / 05:19

COST UPS FIVE Booking performer 2 PSU Stocks You Could ‘Bank’ Upon

Public sector undertaking (PSU) banks have been on investors’ radar over the past 6-8 months, given the attractive valuations they trade at and a revival in their earnings. And in the past few days, two PSU banks – Union Bank of India and Canara Bank – have reported strong operational performance in the June 2023 quarter. Investors on Dalal Street are optimistic that the growth momentum of these PSU banks will continue during the current financial year.

26.07 / 05:07

Citi Lowe's Extreme Remark Moodys performer Support China signals more support for real estate with a 'big change' in tone

BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support.

26.07 / 04:43

UPS Digital Platform Align performer stake Qatar sovereign fund looking to pick stake in Ambani's Reliance Retail: Report

Qatar Investment Authority (QIA) is looking to get a minority stake in Indian billionaire Mukesh Ambani's Reliance Retail Ventures, the Financial Times reported on Wednesday, citing sources. The QIA may consider picking a minority stake in RRVL, the FT report said, with a $1 billion investment giving it a stake of about 1 per cent and valuing the business at around $100 billion.

26.07 / 04:43

UPS IPO Provident performer track hospital Yatharth Hospital IPO opens for subscription. Should you bid?

The issue has received a thumbs-up from analysts, with most recommending a «subscribe» given strong financials and growth potential in Northern India. «On FY23 financials, the IPO is valued at 39.2x P/E, 20.9x EV/EBITDA and 5.4x EV/sales,» Reliance Securities said while assigning a 'subscribe' rating. Yatharth Hospital & Trauma Care Services is a private hospital which provides healthcare services and is based in the northern region of India.

26.07 / 04:39

COST performer 2024 Tata steel to take call on UK plant in 2024, Narendran says, ‘negotiations delayed due to multiple govt coming to power’

Tata Steel would have to decide on the future of its UK operations within the next year as some assets are nearing the end of their operational life, managing director, TV Narendran told Economic Times. Noting that the government has also visited their sites, Narendran says "Hopefully, we will come to a conclusion in the next few months." Elaborating further, he cited that negotiations got delayed over the past two-three years due to multiple governments coming to power.

26.07 / 04:25

performer share price Tata Motors share price rises over 3% on robust Q1 results

Tata Motors share price rose over 3% on Wednesday's trading session following company's Q1FY24 earnings. Tata Motors reported a consolidated net profit of ₹3,203 crore for the first quarter that ended on June 30, as a result of significant improvements in the performance of its British affiliate Jaguar Land Rover and the commercial vehicles division on Tuesday.

26.07 / 04:25

awards Celebrity band performer Kargil Vijay Diwas 2023: PM Modi commemorates fallen soldiers as celebrations begin in Ladakh

Narendra Modi paid his heartfelt tributes to the soldiers who made the ultimate sacrifice in the 1999 Kargil war, leading India to victory over Pakistan. In a tweet in Hindi, the Prime Minister highlighted that Kargil Vijay Diwas serves as a reminder of the extraordinary valour displayed by India's unparalleled warriors, who will forever serve as a source of inspiration to the nation's people. Meanwhile, Defence Minister Rajnath Singh paid homage to Kargil war heroes, laying a wreath at the Dras war memorial.

26.07 / 04:25

Waters Photography Samsung performer country cover Samsung Galaxy Unpacked event: Where and how to watch the livestream, what all to expect

Samsung Galaxy Z Fold 5 and Galaxy Z Flip 5. Previously, the company had launched the Samsung Galaxy S23 series at the Galaxy Unpacked event. Here is everything you need to know about the upcoming event.

26.07 / 03:59

COST Booking AXY Pool show performer PNB Q1 Results: Bank declares earnings today, net profit likely to jump to ₹1,850 crore

PNB Q1 Results Preview: Punjab National Bank (PNB), the state-run lender, will announce its earnings for the quarter ended June 2023 on Wednesday, July 26. PNB Q1 results are expected to remain modest, in line with the performance of the overall PSU banks. Earnings growth for all PSU lenders is likely to remain robust in Q1FY24, aided by controlled credit costs, though margins can show a downside bias on rising funding costs.

26.07 / 03:27

CME Enterprise MAT show performer Tech Mahindra Q1 Results preview: Expect a weak set of numbers; here are the key factors to watch out

Tech Mahindra is likely to report a subdued set of June quarter results on Wednesday (July 26) mostly because of weakness in its CME (communications, media and entertainment) vertical. The IT firm's revenue may see soft growth but profit after tax (PAT) may dip on a year-on-year (YoY) basis. Some brokerage firms expect Tech Mahindra's constant currency (CC) revenue to decline in quarter-on-quarter (QoQ) terms.

26.07 / 02:51

AXY Parke NIFTY Colgate-Palmolive show performer Q1 results today: PNB, Tech Mahindra, Axis Bank, Bajaj Finance to Dr Reddy’s — 65 companies to declare Q1 results 2023

Punjab National Bank (PNB), Axis Bank, Tech Mahindra, Bajaj Finance, Dr Reddy’s Laboratories, BPCL, Cipla, Tata Consumer Products are among the top companies that will declare their Q1 results today. The company results are one of the most important events that help stock market investors make investment decisions and decide the mid and long term positions. The Q1 result season so far has been in-line with estimates, with the IT and metal sector delivering weak performance, while the banks showing robust growth during the April-June quarter of FY24.

26.07 / 02:09

Provident Platform performer exclusive hearing committee open Open hearing on UFOs: US committee to hear witnesses today; check how to watch meeting

On July 26, a highly-anticipated open hearing will take place where three witnesses will share their experiences with UFOs, generating increasing interest from the public. The US House Oversight Committee will listen to the testimonies of David Grusch, a former Air Force veteran and ex-member of the National Geospatial Intelligence Agency, who made claims about a secret alien spacecraft retrieval program in an exclusive NewsNation interview. Also testifying will be former Navy pilot Ryan Graves, who has first-hand accounts of UFO encounters, and former U.S.

26.07 / 01:55

Manufacturing performer electronic Stocks to Watch: L&T, Tata Motors, Ambuja, ACC, Cyient, SBI Life

L&T: Larsen & Toubro reported a net consolidated profit of ₹2,493 crore which was 46% more than ₹1,702 crore reported during the corresponding quarter in the previous fiscal year. The revenue from operations of the company jumped 34% from ₹35,853 crore in Q1FY23 to ₹47,882 crore during the Q1FY24 period.

26.07 / 01:15

performer SBI Life's Q1 net profit rises 45%, value of new business drops

SBI Life Insurance reported a 45% growth in net profit during the first quarter of the fiscal year.Net premium income rose 19% during the first quarter of the fiscal year to ₹13,105 crore. Despite the overall positive financial performance, the value of new business (VNB) margin dropped to 28.8% from 30.4% due to a decline in non-par products during the quarter. However, SBI Life Insurance is optimistic about steady growth in the non-par segment moving forward.

26.07 / 01:15

UPS Target FIVE show performer analysts TVS Motor's strong Q1 drives analysts to raise price targets

TVS Motor shares surged to an all-time high on Tuesday, with the shares rising more than 6% — logging their biggest single-day gain since April 2021. Better-than-expected first quarter earnings by the two-wheeler company prompted a number of brokerages to raise their price targets on the stock. TVS shares made a record high of ₹1,388.45 before closing at ₹1,383.70 apiece on the NSE, up 5.86% from the previous close.

26.07 / 00:53

Target NIFTY performer Buy or sell: Vaishali Parekh recommends three stocks to buy today — 26th July

midcap index edged higher while smallcap "closed almost unchanged." Indications are in favour of further consolidation in the index and the upcoming monthly expiry of July month derivatives contracts would keep the volatility high. Besides, the performance of the US market will also be in focus for cues.

26.07 / 00:05