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Geojit Financial Services jumped 14.5% to Rs 68.9 in Wednesday's trade on BSE as the company reported a 58% YoY rise in second-quarter profit at Rs 38 crore as against Rs 24 crore a year earlier. In the quarter, the consolidated revenue stood at Rs 145 crore, up 29% as against Rs 112 crore in the corresponding period of the preceding fiscal. Earnings before investment, tax, depreciation, and amortisation (EBITDA) for the quarter jumped 44% YoY to Rs 59 crore in Q2 FY24 as compared to Rs 41 crore in Q2 FY23. For the first half, revenue increased 22% to Rs 261 crore from Rs 214 crore and it earned a profit after tax of Rs 60 crore during the period, up 30% from Rs 46 crore a year ago. At 1.14 p.m., the scrip was trading 13% higher at Rs 68 on BSE. On a year-to-date basis, the stock has also risen over 40%, while it has declined over 15% in the past 2 years. Technically, the stock's day RSI (14) is at 63.7.

Two little-known Queensland businessmen have become the beneficiaries of hundreds of millions of dollars in dividends paid by their private coal operations, with one, Sam Chong’s Jellinbah Group, paying out $900 million in returns to its owners in the past 12 months alone.

ICICI Lombard General Insurance Company Ltd. traded 1.23 per cent down in Wednesday's trade at 01:34PM (IST). Around 5,408 shares changed hands on the counter.

Pidilite Industries Ltd. dropped 1.55 per cent to Rs 2419.95 at 01:39PM (IST) in Wednesday's trade. The stock has hit a high of Rs 2465.0 and low of Rs 2416.8 so far during the session.

The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold

Donald Trump’s eldest sons, who took over day-to-day management of his real estate empire when he became president, are scheduled to testify in the New York civil fraud case that threatens their company’s future

The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors

Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month

FTX founder Sam Bankman-Fried has undergone a final barrage of questions from a prosecutor aimed at showing that he's not being honest about how $8 billion of his customers' funds disappeared, setting the stage for final arguments

Automaker Stellantis says that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profits — less than its North American competitors

An official survey of manufacturers shows China’s factory activity contracted in October, suggesting the economy remains on uneven footing

From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s automakers

Westpac’s brand-new business banking boss Anthony Miller says the fate of many struggling small firms will hinge on the Christmas and new year trading period when consumers will absorb further potential tightening from the Reserve Bank next week.

The Victorian government spent nearly $11 million on salaries for staff on the organising committee of the Commonwealth Games it axed, including at least $300,000 a year paid to 11 executives.

ICICI Prudential Life Insurance Company Ltd. dropped 1.34 per cent to Rs 519.0 at 12:38PM (IST) in Wednesday's trade. The counter has hit a high of Rs 527.6 and low of Rs 518.5 so far during the session.

Taiwan said on Wednesday that China sent 43 military aircraft and seven ships near the self-ruled island, the latest sign that Beijing plans no let-up in its campaign of harassment, threats and intimidation. Taiwan's Defence Ministry said the figure was current for the 24 hours up to 6:00 a.m.

Star Health and Allied Insurance Company fell over 5% to Rs 550 in Wednesday's trade on BSE after the firm reported lower-than-estimated earnings for the September quarter. The company reported a 34% increase in net profit to Rs 125 crore in Q2 FY24. Its total income in the second quarter of the ongoing fiscal rose to Rs 3,357 crore against Rs 2,918 crore in the year-ago period.

Federal Bank Ltd. traded 0.32 per cent down at Rs 140.1 at 12:43PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 147.19 points to 63727.74. The stock had closed at Rs 140.55 in the previous session.

The counter opened at Rs 665.7 and touched an intraday high and low of Rs 670.0 and Rs 658.4, respectively, in the session so far. The stock of Indian Railway Catering & Tourism Corporation Ltd. quoted a 52-week high of Rs 775.0 and a 52-week low of Rs 557.15.

historical returns of the scheme. Although wealth managers — time and again — assert that the past returns are no guarantee for the scheme's future returns, these are still given disproportionately greater importance by retail investors. Here, we zero in on three mutual funds which have given such high returns that the money would have swelled five times in the past decade or so.

The $6 trillion provider of Australia’s oldest exchange-traded fund has slashed its management fees, a move that brings its costs in line with its faster growing competitors.