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26.04 / 06:09
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Mphasis Q4 Results: Profit dips 3% YoY; revenue falls by 5%
Mphasis reported a 2.9% dip in net profit at Rs 393.22 crore as against Rs 405.31 crore in the year ago quarter. On a sequential basis, profit increased by 5.2% from Rs 373.6 crore in the previous quarter ending December 2023. Revenue from operations during the quarter declined 1.5% to Rs 3,412 crore as compared to Rs 3,361 crore in the year ago quarter. Sequentially, the revenues fell 2.2% from Rs 3,337.9 crore in December quarter.
26.04 / 06:09
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Bharat Forge shares up 0.14% as Nifty drops
Bharat Forge Ltd. traded 0.14 per cent up in Friday's trade at 11:36AM (IST). Around 30,255 shares changed hands on the counter. The stock opened at Rs 1319.35 and touched an intraday high and low of Rs 1326.35 and Rs 1309.0, respectively, in the session so far. Shares of the company of Bharat Forge Ltd. quoted a 52-week high of Rs 1330.0 and a 52-week low of Rs 748.2.
26.04 / 05:55
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Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 20.35 points down at 22550.0, while BSE Sensex was down 100.28 points at 74239.16 at the time of writing this report.
26.04 / 05:55
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'The Exorcism' Trailer: Troubled actor Russell Crowe loses his mind
horror film 'The Exorcism', reports 'Deadline'. The film revolves around troubled and failed actor Anthony Miller, who begins to unravel while shooting a supernatural horror film. Played by Ryan Simpkins, his estranged daughter wonders if the actor is slipping back into his past addictions, or if something more sinister is haunting him. This is Russel Crowe's second film in the exorcism subgenre in just two years. 'The Exorcism' has come on the heels of Sony’s 'The Pope’s Exorcist', which grossed nearly $77 million worldwide.
26.04 / 05:55
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DLF shares rise 0.88 per cent in Friday's trading session
DLF Ltd. rose 0.88 per cent to Rs 902.5 in Friday's trade as of 11:01AM (IST) even as the benchmark Nifty ruled at 22547.45, down 22.9 points. The scrip had closed at Rs 894.55 in the previous session. The stock quoted a 52-week low of Rs 408.75 and a high of Rs 967.0. The company quoted a market-cap of Rs 221230.98 crore on the BSE.
26.04 / 05:07
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16-year-old child of billionaire tech CEO reported missing
The teen child of the billionaire co-founder of Slack has vanished and, police fear, might have run away to one of San Francisco’s most dangerous neighbourhoods.
26.04 / 04:27
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F&O Ban List: Vodafone Idea enters trade ban on Friday. SAIL, 2 more stocks move out
Vodafone Idea is under the F&O trade ban on Friday while Aditya Birla Fashion & Retail (ABFRL), state-run Steel Authority of India (SAIL) and Hindustan Copper have moved out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.
26.04 / 04:27
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Tech Mahindra shares zoom 10% as strong FY27 vision overshadows weak Q4 numbers
Tech Mahindra today hit the 10% upper circuit limit at Rs 1,242.4 on BSE despite reporting a 41% year-on-year (YoY) drop in its March quarter profit as investors appreciated new CEO Mohit Joshi's FY27 strategy to take the company ahead of peers' average growth and to a 15% EBIT margin. While the restructuring efforts are in the right direction and the FY27 strategy is in place, investors will await the results on account of these efforts before the stock gets rerated.
26.04 / 04:27
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ByteDance prefers TikTok shutdown in US if legal options fail: report
TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said. The algorithms TikTok relies on for its operations are deemed core to ByteDance's overall operations, which would make a sale of the app with algorithms highly unlikely, said the sources close to the parent.
26.04 / 04:13
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Maruti share price in focus as market awaits Q4 results 2024 today. Buy or sell?
Q4 results 2024 today: Shares of Maruti Suzuki India Ltd (MSIL) will be in focus when the Indian stock market opens today. The Indian auto major has informed exchanges that its board of directors is going to consider and approve Q4 results 2024 on 26th April 2024 i.e.
26.04 / 04:13
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South Korean woman says I love you to ‘Elon Musk’, loses ₹41 lakh
₹41 lakh) to a romance scam after being deceived by a deepfake video featuring Tesla CEO Elon Musk, according to local media reports. According to a report by KBS, Jeong Ji-sun felt like "a dream come true" when she began chatting with someone on Instagram who claimed to be Musk. “I experienced something like a dream last year," she told the broadcaster.
26.04 / 04:13
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Imran Khan, wife Bushra Bibi barred from making remarks against Pakistan, Army
Imran Khan and his wife, Bushra Bibi, from making public statements that criticize or defame state institutions and officials. According to a report by The Express Tribune, Judge Basir Javed Rana ordered the Pakistan Tehreek-e-Insaf (PTI) founder and his spouse from speaking against state institutions in the courtroom during the hearing of a petition seeking a fair trial.
26.04 / 04:13
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Tech Mahindra share price skyrockets 10% after Q4 results. Should you buy on the rise? Here's what experts say
₹1309 per share. This significant uptick occurred despite the company reporting lackluster financial results. The company released its financial results for Q4 FY24 and the full fiscal year FY24 post-market hours on Thursday, falling short of street estimates.
26.04 / 04:13
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Bajaj Finance share price falls 6% after Q4 result
Bajaj Finance share price fell almost 6 per cent on Friday, April 26, a day the company released its Q4 result. Bajaj Finance share price opened at ₹7,008.60 against its previous close of ₹7,293.90 and soon fell as much as 5.8 per cent to the level of ₹6,872.55 on BSE.
26.04 / 04:13
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Sensex Today Live Updates: Sensex, Nifty open in the green as global peers gain; TechM, Indigo, Tata Steel, Vedanta eyed
₹3,825 crore, up from ₹3,158 crore in the same period last year. The consolidated figures encompass the operations of its subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities.On an individual basis, the net interest income for Q4FY24 surged by 29% to ₹7,340 crore from ₹5,669 crore in Q4FY23. The net total income on a standalone basis for Q4FY24 increased by 25% to ₹8,904 crore from ₹7,105 crore in Q4FY23.As of March 31, 2024, the gross non-performing assets (NPA) were reported at 0.85%, a decrease from 0.94% in the same period last year.
26.04 / 04:11
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Kerala Lok Sabha Elections: Voting commences in 20 seats; 5.62% turnout in first hour
polling booths across the state to avoid the anticipated hot weather later in the day. Long lines of voters were visible outside polling stations in every Lok Sabha constituency in Kerala. As voting began, there were reports of EVM malfunctions in several booths statewide, causing delays in the election process in those areas. However, the faulty machines were promptly replaced, and voting proceeded smoothly thereafter. The polling process took place under heavy security, with over 66,000 security personnel deployed and live monitoring of the election through an extensive webcasting system.
26.04 / 04:11
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Buy Macrotech Developers, target price Rs 1415: Motilal Oswal
Macrotech Developers Ltd. with a target price of Rs 1415. The current market price of Macrotech Developers is Rs 1199.55. Macrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 124477.35 Crore) operating in Real Estate sector.
26.04 / 04:11
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Buy Dalmia Bharat, target price Rs 2300: Motilal Oswal
Dalmia Bharat with a target price of Rs 2300. The current market price of Dalmia Bharat Ltd. is Rs 1815.8. Dalmia Bharat Ltd., incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 36744.33 Crore) operating in Cement sector.
26.04 / 04:11
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Buy IndusInd Bank, target price Rs 1850: Motilal Oswal
IndusInd Bank with a target price of Rs 1850. The current market price of IndusInd Bank Ltd. is Rs 1493.1. IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 114774.95 Crore).
26.04 / 02:45
Strategy
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Tech-heavy advisor practices have a performance edge: Cerulli
New research by Cerulli Associates indicates that financial advisory practices that integrate technology extensively are experiencing more rapid growth compared to those that do not.
26.04 / 02:45
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Trust & Will forges strategic partnership with LPL
Trust & Will, a leading digital estate planning and settlement platform in the US, is taking a huge leap forward with its latest partnership.
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