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Angel One on Monday reported a consolidated net profit at Rs 423 crore in the quarter ended September 30, 2024, which was up 39% from Rs 304 crore reported by the company in the year ago period. The total revenue from operations in the reported quarter stood at Rs 1,515 crore which was up 44.5% over Rs 1,048 crore reported by the company in the corresponding quarter. On a sequential basis, profit after tax (PAT) was up by 45% as against Rs 293 crore in Q1FY25, the company filing said.

Shares of Wipro Ltd.(up 4.03 per cent), MphasiS Ltd.(up 3.0 per cent), Tech Mahindra Ltd.(up 2.76 per cent), Persistent Systems Ltd.(up 2.7 per cent) and Infosys Ltd.(up 1.23 per cent) ended the day as top gainers in the pack.

Au Small Finance Bank Ltd. fell 0.5 per cent to Rs 687.05 at 12:36PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 20,122 shares with a turnover of Rs 1.38 crore till 12:36PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 30.96, while the price-to-book value ratio stood at 0.0.

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festive season sales compared to last year. Tepid demand for entry-level handsets weighed on the overall industry. Television and household appliance sales grew by 2-3% by volume sales during the period, led by premium products, as per estimates from leading brands and market researchers. Apparel brands and retailers saw a 6-8% increase in same store value sales, bringing cheer to the industry. While e-commerce platforms saw muted demand in the first few days of their biggest annual sales, which began on September 26, it started to recover from Navratri onwards with consumers getting their monthly pay checks, Diwali bonuses and the end of the Shraadh period, which is considered inauspicious for new purchases.

Civil Society Organisations are emerging as a powerful mechanism for addressing common challenges in the larger Indo-Pacific region. CUTS International, a prominent public policy research and advocacy group, on Wednesday hosted a webinar titled «Role of Civil Society Organisations (CSOs) in the Indo-Pacific. Purushendra Singh, Assistant Director, CUTS International during his welcome remarks set the tone for the discussion by emphasising how CSOs are emerging as a vital mechanism for tackling shared challenges in the broader Indo-Pacific region.

The Royal Swedish Academy of Sciences has awarded the Nobel Prize in chemistry to David Baker, Demis Hassabis and John Jumper for their work with proteins

A top U.S. commercial bakery is pushing back on a Food and Drug Administration warning to stop using labels that say its products contain sesame — even when they don't

First, the good news: Americans are living longer than they used to.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

What Jason Hayman remembers most is feeling “numb.” He had met with his board and lawyers multiple times, and on a spring morning in 2023 he was off to meet Virginia Forsyth, a notary public in Cowes, United Kingdom, and someone he had known for years.

Subscribe to enjoy similar stories. MUMBAI : Registered investment advisors (RIAs) can offer all kinds of products, including those not regulated by the Securities and Exchange Board of India (Sebi), and charge fees or receive commissions, said Sebi full-time member Kamlesh Varshney in an interaction with the Association of Registered Investment Advisors (ARIA) on Wednesday. Moreover, he said such fees should not be subject to Sebi caps, adding that there would not be any requirement to offer such products through a different entity, as Sebi had contemplated earlier.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

The UK fell from seventh to 11th place out of 41 markets in Principal's third annual Global Financial Inclusion Index in conjunction with the Centre for Economics and Business Research (Cebr). In terms of government support, the UK fell four places to 17th while for financial system support it dropped four places to eighth. The UK ranks eighth for its public pension offering; however, the country saw its ranking for awareness and uptake of government-mandated pension and savings schemes fall three places to 23rd. Principal Asset Management launches Article 9 food and biodiversity f...

Having joined 23 years ago as a graduate analyst, Blank spent 12 years as a multi-asset portfolio manager before becoming head of research at the start of 2015, a post he held until April this year, according to his LinkedIn profile.  Investment Week understands that Schroders does not plan to directly replace Blank's role. A spokesperson for the firm said the focus remains on bringing its clients «the best access to the market».  Schroders CFO Richard Oldfield to succeed Peter Harrison as group CEO In  a LinkedIn post, Blank said: «Schroders gave me an amazing opportunity when the...

Subscribe to enjoy similar stories. Major paint stocks dropped an average of 6% in the past week as crude oil prices spiked on fears of a full-blown war between Israel and oil-producing Iran. Analysts have characterised this fall as a “knee-jerk reaction".

BSE at 01:02PM (IST) on Wednesday, up 0.98 per cent from previous close. The stock quoted a 52-week low price of Rs 636.1 and a high of Rs 1148.3.

Au Small Finance Bank Ltd. traded 1.21 per cent down at Rs 718.3 at 01:07PM (IST) on Wednesday, even as BSE benchmark Sensex gained 297.08 points to 81931.89. The scrip had closed at Rs 727.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 813.0 and Rs 554.0, respectively.

Ambuja Cements Ltd. rose 1.66 per cent to Rs 616.6 at 11:16AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 21,085 shares with a turnover of Rs 1.29 crore till 11:16AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.75, while the price-to-book value ratio stood at 3.25.

US National Oceanic and Atmospheric Administration (NOAA) Aircraft Operations Center has shared a video clip of a research aircraft experiencing severe turbulence while flying into monstrous Hurricane Milton. The footage captures the Lockheed WP-3D Orion aircraft, known as «Miss Piggy». The dramatic footage sows the plane navigating through dense, gray sky while being pounded by intense rainfall. The NOAA Aircraft Operations Center posted on X, formerly known as Twitter, stating, «Bumpy ride into Hurricane Milton on NOAA WP-3D Orion.» The flight's purpose was to gather data for hurricane research to improve storm forecasts. Four NOAA researchers were on board the mission. The video shows Electrical Engineer Tom Brannigan at the AVAPS (Airborne Vertical Atmospheric Profiling System) as the plane shakes violently. The turbulence caused a plastic bag to spill its contents. Programs Integration Engineer Nick Underwood, who filmed the event, asked, «Can you grab my phone real quick?»