Performer Financial News

25.07 / 05:25

UPS Target performer share price Tata Steel share price gains over 1% after Q1 results meets estimates; here’s what brokerages have to say

Tata Steel share price recovered from early losses on Tuesday to trade over a percent higher after the company reported Q1 result in-line with analysts’ estimates. Tata Steel shares gained as much as 1.68% to ₹117.20 apiece on the BSE. Tata Steel reported a 92% year-on-year drop in its consolidated net profit for the fiscal first quarter ended June 2023 at ₹525 crore, primarily due to weak performance of its Europe operations.

25.07 / 05:01

performer country private credit India’s Piramal plans to raise $1.5bn for private credit

Piramal Alternatives plans to raise $1.5 billion for investment in India’s high-yield companies via private credit, according to its chief executive officer. The unit of Piramal Group, which is controlled by billionaire Ajay Piramal, has four existing private credit funds that together have raised $4 billion, said Kalpesh Kikani, managing director and chief executive officer at Piramal Alternatives.

25.07 / 04:45

UPS HSBC performer country China state banks seen selling US dollars to prop up yuan -sources

SHANGHAI/BEIJING (Reuters) -China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with direct knowledge of the matter said, moves aimed at supporting the Chinese currency.

25.07 / 04:43

UPS Target performer Disappointed with ITC demerger, avoiding metal stocks: Pankaj Pandey

Pankaj Pandey, Head Research, ICICIdirect.com, says the ITC demerger was a bit of a disappointment largely because a vertical split would have been a lot better from an investor perspective. “I do not think we will be raising our target prices because of that bit of a let-down in terms of expectation.”What are you making of the ITC demerger? Are you disappointed by the complicated structure or the fact that the news is finally out and that is something to watch out for?This demerger is a bit of a disappointment largely because a vertical split would have been a lot better from an investor perspective. But from a per share perspective, the hotel business was contributing over Rs 25.

25.07 / 04:43

COST Provident Progressive Aware Align performer social Why SMEs need to embrace sustainability

sustainability. Therefore, it’s imperative that India’s small businesses, which contribute 27% to the country’s GDP, must pay attention to this agenda.

25.07 / 04:25

COST UPS Manufacturing performer social JK Paper Q1 Results: Net profit rises 18% to Rs 313 crore

JK Paper on Monday reported an 18.3 per cent increase in its net profit to Rs 312.56 crore in the June quarter. The company had posted a net profit of Rs 264.23 crore during the same quarter a year ago, JK Paper Ltd said in a regulatory filing.

25.07 / 04:25

Target Digital performer share price TVS Motor share price gains over 2% on robust Q1FY24 numbers; here's what brokerages say

₹1,343.95 apiece on BSE. TVS Motor share price is hovering near its 52-week high level. On Monday, TVS Motor reported an 42.2% year-on-year (YoY) rise in its consolidated net profit for the fiscal's first quarter ended June (Q1FY24) to ₹434.30 crore.

25.07 / 04:25

COST performer Tata Motors Q1 results preview: Net profit seen at ₹2,600 crore, JLR margins could expand

Tata Motors is likely to report strong financial performance in the quarter ended June 2023 led by improving margins and healthy sales in its luxury arm Jaguar and Land Rover (JLR). Tata Motors Q1 net profit is expected to be at ₹2,600 crore as compared to a loss of ₹5,731 crore in the same quarter of the previous year, as per average analysts estimates. The company’s consolidated revenue in Q1FY24 is expected to see a growth of around 43% to ₹1,03,284 crore driven by strength in JLR.

25.07 / 03:33

Digital Entertainment Actor love shootings performer audience 'I was looking for something really clutter-breaking': Vaani Kapoor ventures into OTT with gripping crime thriller 'Mandala Murders'

Vaani Kapoor says she wanted to make her debut in the digital space with a «clutter-breaking» story and 'Mandala Murders' came as the perfect opportunity. The YRF Entertainment series, billed as a gritty crime thriller, is directed by Gopi Puthran ('Mardaani 2').

25.07 / 03:01

Lowe's COMPOSITE KOSPI performer country Asian stocks Asian stocks muted as Fed looms, China rallies on stimulus talk

Investing.com-- Most Asian stocks kept to a tight range on Tuesday as markets awaited more cues from a Federal Reserve meeting this week, while Chinese markets rose sharply after top officials promised more policies to support growth.

25.07 / 02:29

Progressive Action BWF performer open Japan Open: All eyes on struggling PV Sindhu, in-form Satwik-Chirag

PV Sindhu will be aiming to regain her form while the red-hot men's doubles duo of Satwiksairaj Rankireddy will aim to carry forward their momentum after the Korea Open as the Indian contingent looks forward to the Japan Open, set to take place from July 25 to July 30. Satwiksairaj and Chirag, currently ranked at number three in Badminton World Federation Rankings (BWF), clinched the Korean Open title on Saturday after overcoming a challenge from top-ranked Indonesian pair of Fajar Alfian and Muhammad Rian Ardianto in the final. As per Olympics.com, this was Satwik-Chirag's third BWF title win this year after the Swiss Open and Indonesia Open.

25.07 / 02:01

DOW NIFTY SENSEX performer Updates Sensex Today | Share Market Live updates: Sensex, Nifty to remain cautious; Gift Nifty flat

₹82.96 crore on Monday. On the other hand, for the second straight day, DIIs bought shares for ₹934.87 crore.The Nifty ended the previous session at 19,672.35, down 73 points, or 0.37%, while the Sensex concluded the session with a loss of 299 points, or 0.45%, at 66,384.78.Ajit Mishra, SVP - Technical Research, Religare Broking Ltd.

25.07 / 02:01

UPS Provident Digital Manufacturing Airlines performer Stocks to Watch: RIL, Tata Steel, Maruti Suzuki, Motherson, TVS Motors

Reliance Industries: Reliance Industries Ltd (RIL) is joining hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles (SPVs) aimed at developing data centres in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.

25.07 / 02:01

Waters Aware Celebrity performer Earth Chandrayaan-3 set to perform fifth and final earth orbit-raising manoeuvre today. All you need to know

Chandrayaan-3 spacecraft is expected to perform its fifth and final Earth-bound orbit-raising maneuver today, positioning itself for lunar insertion. It will then transfer to an Earth-to-Moon trajectory, with the Moon's gravity eventually pulling it into lunar orbit. Speaking about the mission, space minister Jitendra Singh said on Monday, “Chandrayaan-3 will enter the next (Earth) orbit tomorrow.

24.07 / 23:15

performer Rithm Capital to acquire hedge fund Sculptor for $639 million

NEW YORK (Reuters) — Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management (NYSE:SCU) for $639 million, the companies said in a statement on Monday.

24.07 / 19:21

UPS Provident CEO performer stake TRUE rattles the tin for $20m as it locks down AusSuper fund stake

Specialist fund manager TRUE Infrastructure is on the hunt for $20 million to fund its acquisition of AustralianSuper’s holdings in two infrastructure vehicles managed by London-listed Foresight Group.

24.07 / 19:21

Citi Lowe's Compilation Fitch show performer Sydney, Melbourne outer suburbs have double the rate of loan arrears

Borrowers in Sydney’s south-western suburbs and in Melbourne’s north-west are more than twice as likely to be a month or more behind paying their home loans, data compiled by ratings agency S&P has found.

24.07 / 18:49

COST UPS Booking Manufacturing performer TVS Motor profit jumps 46% to ₹468 cr in Q1

₹468 crore, up 46% from ₹321 crore a year earlier. K. Gopala Desikan, chief financial officer, TVS Motor, said a combination of factors aided the impressive performance.

24.07 / 18:27

COST UPS performer Weak European ops dent Tata Steel profit

₹633.95 crore. The figure, however, marked a 63% fall from the March quarter. Tata Steel said its profitability was hit by non-cash deferred tax charge on account of a buy-in transaction at the British Steel Pension Scheme (BSPS).

24.07 / 17:37

Career Remark film Actor show performer audience 'Oppenheimer', 'Peaky Blinders' to 'Red Eye' - Cillian Murphy's best movies and shows

Cillian Murphy has left a lasting impact on Hollywood with his remarkable performances in various movies and TV shows. Notably, he portrayed the protagonist in Christopher Nolan's latest cinematic masterpiece, 'Oppenheimer' (2023), which earned an impressive 97 per cent rating on Rotten Tomatoes. 47-year-old Irish actor and Nolan have collaborated on multiple projects before, including «Batman Begins», where Murphy's portrayal of the villainous Scarecrow left a strong impression on audiences.

24.07 / 17:37

UPS performer FM calls upon I-T officers to introspect about perception among people

Finance Minister Nirmala Sitharaman on Monday said efficiency in income tax administration has helped increase revenues and check evasion, as she called upon tax officers to introspect on people's perception about them. Addressing the 164th income tax day here, Sitharaman said the department has taken steps to make administration taxpayer-friendly, and that has brought more people into the tax net and nudging and campaigns will help further increase the taxpayer base.

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