Reports Financial News

DOMS Industries share price gained 10% during the intraday trades on Tuesday to all time high of ₹2035 on the NSE . With todays gains the DOMS Industries share price is up more than 150% over IPO price of ₹790. With this DOMS Industries share price has given Multibagger returns to the investors.

₹512.5 crore. The company's revenues for FY24 increased to ₹2,000.3 crore, an 11.3% YoY rise.

Pune city, police said on Tuesday.“The driver of the truck, after hitting the motorbike on Monday night, did not stop and tried to run away but was caught some distance away and arrested," they said.PTI reported that the incident occurred at approximately 10:30 pm on Monday in the Chandan Nagar area along the Pune-Ahmednagar road. Three students, all in their early 20s and enrolled at an engineering college in the area, were en route to the Pune railway station, as stated by the police.

₹147.65 after a 5 percent stake in the firm changed hands via a block deal at a floor price of ₹151, a discount of 8 percent from the previous close. The stock has rallied 460 percent in the last 1 year.According to media reports, approximately 1.69 crore shares of the firm were traded, resulting in a turnover of ₹257.61 crore on the BSE. The identities of the buyers and sellers have not been disclosed.

Demonstrating your dependability as a borrower is essential to obtaining a personal loan with low interest rates. Lenders must be assured that you will make timely and complete loan repayments. You can convince lenders to give you a favorable interest rate by improving your credit score and submitting a strong application. Here are some important steps:

Also Read: Stock to buy: Anand Rathi recommends Olectra Greentech as its stock pick of the monthAs a result, companies in the passenger vehicle (PV) segment have demonstrated strong performance, reporting impressive volume growth. This has subsequently driven increased demand for these companies' stocks, leading to a significant rise in their market value.Notably, Mahindra & Mahindra (M&M), the automotive and farm equipment flagship of the Mahindra Group, was one of the stellar performers in recent years.

Stock to buy today: Ugro Capital share price has been in uptrend after ushering in the new financial year 2024-25. The NBFC stock bottomed out at around ₹215 per share level at the end of March 2024. After bottoming out and touching 52-week los of ₹210.25 ion 26th March 2024, Ugro Capital share price has rallied to the tune of ₹272 apiece level, recording nearly 25 percent rise from its 52-week low.

Here's a look at the bomb threats received in India in May 20241. Taj Hotel, Airport, Mumbai: On May 27, Mumbai Police, received a threatening call indicating the presence of bombs at both Taj Hotel and Chhatrapati Shivaji Maharaj International Airport. After a thorough search, Police said that “nothing suspicious was found".

LTIMindtree Ltd. fell 0.15 per cent to Rs 4886.7 in Tuesday's session as of 11:41AM (IST) even as the equity benchmark Sensex traded 41.61 points higher at 75432.11. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4565.0 on NSE. Around 7241 shares changed hands on the counter till 11:41AM (IST).

Adani Group goes back to growth mode post the Hindenburg crisis, the board of Adani Enterprises on Tuesday approved fundraising of Rs 16,600 crore via the QIP route. «We wish to inform you that the Board of Directors… has inter-alia approved raising of funds by way of issuance of such number of equity shares having face value of Re 1 each of the Company and/or other eligible securities or any combination thereof for an aggregate amount not exceeding Rs 16,600 crore or an equivalent amount thereof by way of qualified institutional placement (QIP) or other permissible mode in one or more tranches,» Adani Enterprises said in a regulatory filing.

Oberoi Realty Ltd.(up 0.57 per cent), Sunteck Realty Ltd.(up 0.37 per cent) and Macrotech Developers Ltd.(up 0.33 per cent) were among the top gainers.

Avenue Supermarts Ltd. gained 0.02 per cent to Rs 4539.25 in Tuesday's session as of 11:36AM (IST) even as the equity benchmark Sensex traded 27.99 points higher at 75418.49. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4916.15 and a 52-week low of Rs 3441.6 on NSE. Around 8325 shares changed hands on the counter till 11:36AM (IST).

Bandra-Kurla Complex, if everything goes according to plan. The Mumbai Metro Rail Corporation Limited expects to commence phase I of Mumbai Metro Line 3 commercial operations on this route by July, TOI reported. The necessary dry runs have been completed, and some assessments and approvals are awaited. The Metro agency is ready to run over 260 services with its fleet of 19 trains. Once Metro Line 3 is fully operational, it will serve around 1.7 million passengers daily, with trains running every three to four minutes and carrying approximately 2,500 passengers per trip. This line will be Mumbai's only completely underground metro, significantly enhancing the city's transportation system. The first phase of the 12-kilometer-long Metro 3 underground corridor runs from Aarey to Bandra-Kurla Complex.

Au Small Finance Bank Ltd.(up 1.38 per cent), Bandhan Bank Ltd.(up 0.8 per cent), HDFC Bank Ltd.(up 0.41 per cent), IndusInd Bank Ltd.(up 0.16 per cent) and State Bank of India(up 0.15 per cent) were among the top gainers.

Shree Cements Ltd. traded 0.81 per cent up in Tuesday's trade at 10:45AM (IST). Around 58 shares changed hands on the counter. The counter opened at Rs 25151.3 and touched an intraday high and low of Rs 25597.15 and Rs 25151.3, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 30710.15 and a 52-week low of Rs 22601.3.

₹4 crore.As part of the transaction, Honasa will acquire, apart from formulation expertise, the R&D labs as well as CosmoGenesis’ nano-manufacturing facility. “This is something that further strengthens our ability to innovate and bring the right kind of products to the consumers. Rohini Manoj (founder) will be joining us as vice president of research and development.

NALCO, a PSU firm engaged in alumina and aluminum manufacturing and sales, soared 6.1% to reach a historic peak of ₹206.30 apiece in early morning trading today, driven by the company's robust performance for Q4 and the full fiscal year (FY24).On Monday, the company reported a 101% YoY surge in its consolidated profit to ₹996.74 crore for the March quarter, propelled by a significant drop in expenses, which declined by 14% YoY to ₹2,720 crore in Q4. This starkly contrasts with the net profit of ₹495 crore reported in the corresponding period last year.Also Read: How does the BSE 500 index offer exposure to a wide basket of stocks?For FY24, it reported a PAT of ₹1,988 crore, a 38.63% improvement compared to the previous fiscal year's PAT of ₹1,434 crore.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, started off Tuesday's session with minor gains amid mixed global cues. Reliance Industries and HDFC Bank both saw buying, and the monsoon outlook was favourable.The 30-share BSE Sensex opened up by 194.90 points, or 0.26%, at the 75,585.40 level, while the Nifty 50 started off at the 22,977.15 level, up 44.70 points, or 0.19%.Nifty 50 is predicted to continue its upward trajectory, said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, as per PTI news report.

₹1,600 - 1,700 , Olectra Greentech share price has successfully broken out of a bearish trendline that had persisted for 3 - 4 months. “Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.

IPL win, Gautam Gambhir’s mentorship to revive the team has been much talked about. A report has revealed that Gambhir and Shah Rukh Khan were regularly in touch with each other even when GG was not a part of KKR.Gautam Gambhir and Shah Rukh Khan met several times in 2018-2022. Interestingly, they didn't talk about cricket.

Also Read: India's economy likely slowed to an annual 6.7% in January-March, its weakest pace in a year, finds report"Going forward, we expect investment growth momentum to sustain with extra fiscal space for infrastructure spending given a higher than expected dividend transfer by the RBI. As a result, we recently revised our growth forecasts for CY24 slightly higher by 10 bps to 6.7% YoY," Goldman Sachs analysts Santanu Sengupta, Arjun Varma and Andrew Tilton said in a note.India’s growth momentum remains strong and they expect the core inflation will bottom out in April-June 2024 and be around 4.0% - 4.5% in H2CY24.Meanwhile, the Monetary Policy Committee (MPC) members from the RBI have sounded cautious on sticky food inflation owing to supply side disruptions due to the ongoing hot weather conditions in many parts of India.