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24.10 / 07:23
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Share price of Indian Hotels jumps as Sensex drops 21.76 points
Indian Hotels Company Ltd. gained 0.15 per cent to Rs 658.75 at 12:32PM (IST) in Thursday's trade. The scrip has hit a high of Rs 663.2 and low of Rs 651.3 so far during the session. The stock had closed at Rs 657.7 in the previous session. The counter has had a total traded volume of 22322 shares so far with a value of Rs 1.46 crore on the NSE. It traded at a price-to-earnings multiple of 72.9 and a price-to-book ratio of 8.9.
24.10 / 07:23
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Share price of Divis Labs falls as Nifty weakens
<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. slipped 0.23 per cent to Rs 5710.0 in Thursday's trade as of 12:43PM (IST). The stock hit a high price of Rs 5766.5 and low of Rs 5691.15 during the session. The return on equity (ROE) for the stock stood at 11.78 per cent. Traded volume on the counter stood at 12:43PM shares and turnover at Rs 1.2 crore around that time. The stock of <a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. quoted a 52-week high price of Rs 6276.2 and 52-week low prices of Rs 3300.0, respectively.
24.10 / 06:43
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North Korea propaganda leaflets found in Seoul attack South Korea's first couple
propaganda leaflets apparently carried by balloons were found scattered on the streets of the South Korean capital Seoul on Thursday, including some making personal attacks on the country's president and first lady. The leaflets attacking South Korean President Yoon Suk Yeol and First Lady Kim Keon Hee found in the capital appear to be the first instance of the North Korean government directly sending anti-South propaganda material across the border. They included graphic messages accusing the Yoon government of failures that had left his people living in despair, and describing the first couple as immoral and mentally unstable.
24.10 / 05:11
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Ashok Leyland secures order for 500 electric buses from Chennai MTC
Ashok Leyland on Thursday announced that its electric mobility arm OHM Global Mobility has bagged an order for 500 12-m ultra-low floor electric buses from the Metropolitan Transport Corporation (MTC), Chennai. Further, another subsidiary of the commercial vehicle manufacturer, Switch Mobility, will supply EiV12 model buses to OHM, who in turn shall operate and maintain the buses over a period of 12 years, as per the contract awarded by MTC. This announcement comes days after the Hinduja Group's flagship company began delivery of electric trucks to Chennai-based Billion Electric Mobility (Member of Group BillionE), marking the company's growing focus on electric mobility. Ashok Leyland had bagged a contract to supply 180 electric trucks to Group BillionE which would be operated in the Chennai-Bengaluru, Chennai-Vijayawada routes.
24.10 / 05:11
24.10 / 05:11
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TVS Motor shares fall 3% after Q2 earnings miss estimates. Here’s what analysts say
TVS Motor Company fell by 3% to the day’s low of Rs 2,490 on the BSE after the company reported a lower-than-expected quarterly profit, hurt by higher costs, even as demand was stable. The 'Jupiter' scooter maker's profit rose 23.5% to Rs 663 crore in the quarter ended September 2024, which missed analysts' estimate of Rs 697 crore.
24.10 / 05:11
24.10 / 04:53
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What the surging gold price says about a dangerous world
Subscribe to enjoy similar stories. Less than a mile from Singapore’s luxurious Changi Airport sits a rather less glamorous business park. Residents of the industrial estate include freight and logistics firms, as well as the back offices of several banks.
24.10 / 04:53
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A ‘gangster’ is blowing up India-Canada relations—from behind bars
Subscribe to enjoy similar stories. Lawrence Bishnoi, a 31-year-old vegetarian with a handlebar mustache who authorities say controls a violent gang from his high-security prison cell in India, is at the center of a diplomatic brawl between Canada and India. To Indian law-enforcement officials, Bishnoi is a “dreaded gangster" who over the past decade has made a daring prison break, threatened a Bollywood star, and found his gang accused of killing a rapper considered a rival.
24.10 / 04:37
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Investigations
CCTV grab purportedly shows terrorist at Gagangir attack site, probe underway
CCTV grab of a Pheran-clad terrorist allegedly involved in the Gagangir attack in Jammu and Kashmir has emerged here but investigators said they are yet to ascertain if the AK rifle-wielding assailant carried out the October 20 assault that left seven dead.The ultra could be seen entering a prefabricated hut, believed to be at the Gagangir tunnel construction site — where seven people including six non-local labourers — were killed in the terror attack, official sources said. However, security officials are trying to ascertain the authenticity of the image on various counts, the sources said. The screen grab has 'January 27' as the date stamp — which sources said could be due to a settings or technical issue — in the top right corner while the rifle carried by the terrorist has a blue marking on the muzzle.
24.10 / 04:37
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Rupee turns flat at 84.07 against US dollar in early trade
rupee stayed flat at 84.07 against the US dollar in early trade on Thursday amid elevated crude oil prices and continuous withdrawal of foreign funds from capital market. However, the local unit found some cushion as the dollar retreated from its higher level while the domestic equity markets indicated a recovery, forex traders said. At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and slipped 1 paisa to trade at previous day's closing level in initial deals.
24.10 / 04:37
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Add Mahindra Finance, target price Rs 288: HDFC Securities
HDFC Securities has an add call on Mahindra & Mahindra Financial Services (Mahindra Finance) with a target price of Rs 288. The current market price of Mahindra & Mahindra Financial Services is Rs 267.85. The company, incorporated in 1991, is a largecap company with a market cap of Rs 33056.60 crore, operating in NBFC sector. Mahindra & Mahindra Financial Services key products/revenue segments include Interest, Fees & Commission Income, Rental Income, Income From Sale Of Share & Securities for the year ending 31-Mar-2024.
24.10 / 04:11
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AU Small Finance Bank shares in spotlight after Q2 profit soars 42% YoY to Rs 571 crore
AU Small Finance Bank shares are in the spotlight on Thursday after the bank reported a 42% year-on-year (YoY) rise in net profit for the September quarter at Rs 571 crore, buoyed by the impact of its acquisition of Fincare Small Finance Bank. Its net profit was Rs 402 crore in the year-ago period. Operating profit jumped 80% YoY at Rs 1,132 crore.
24.10 / 04:11
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Add Supreme Industries, target price Rs 4,770: HDFC Securities
HDFC Securities has an add call on Supreme Industries with a target price of Rs 4,770. The current market price of the stock is Rs 4569.6. Supreme Industries, incorporated in 1942, is a midcap company with a market cap of Rs 58343.44 crore, operating in plastics sector. Supreme Industries's key products/revenue segments include Plastic Products, Polymers (Traded), Other Operating Revenue, Processing Charges and Export Incentives for the year ending 31-Mar-2024.
24.10 / 04:11
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Stocks to buy or sell today: RIL, Tech Mahindra among top 9 trading ideas for October 24, 2024
Indian market is expected to trade higher on Thursday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.21% at 24,487 levels on Wednesday.
24.10 / 03:15
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ACC shares in focus ahead of Q2FY25 earnings. Here’s what to expect from this Adani Group company
Adani Group owned ACC Limited are expected to be in focus on Thursday ahead of the company's Q2FY25 earnings announcement. The cement maker could report an year-on-year and sequential loss in its revenue and net profit figures, according to estimates by a couple of brokerages. Sharekhan has estimated ACC’s net sales figures at Rs 4,263 crore, which could go up by 4% on a YoY basis and 17.3% on a QoQ basis. The profit after tax (PAT) is seen to fall by 49% and 46% on a YoY and QoQ basis to Rs 197 crore.
24.10 / 03:15
markets
IPO
Manufacturing
security
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Waaree Energies IPO allotment likely today. Check status, GMP, listing date and other details
Waaree Energies IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.
24.10 / 02:51
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COST
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Investment banking is officially a low growth industry
If you're hanging out, wondering where the growth in investment banking industry revenues went and waiting for it to come back, you might not want to look too long at the new report from consulting firm BCG.
24.10 / 00:53
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More than half of Uber's 1 mn fleet in the country comprises bike taxis and auto
Subscribe to enjoy similar stories. Bengaluru: Bike taxis and autos outnumber cars on Uber Technologies' fleet of 1 million taxis in the country, accounting for about a third of the American ride-hailing company's total revenue. The San Francisco-headquartered company also claims that 3% or 30,000 of its taxis, including cars, bikes and autos, are electric, making it the ride-hailing platform with the biggest electric fleet in the country.
23.10 / 21:43
23.10 / 16:01
BLOCK
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Turkey terrorist attack: Authorities block X, Instagram and other social media platforms amid explosion in Ankara
#Turkey" in the aftermath of the incident. The restrictions align with a broader broadcast ban imposed by Turkish authorities as they seek to control the flow of information related to the attack.According to Selim Cirpanoglu, the mayor of Kahramankazan province, three people lost their lives and five others were injured in what has been described as a “terror attack" targeting the headquarters of Turkish aerospace and defense firm TUSAS, reported Mint previously.
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