SUN Financial News

06.08 / 11:53

Twitter Extreme SUN Airlines Inside Passengers endure 'horrifying experience' on IndiGo flight with no AC; Onboard Punjab MLA highlights suffering

passengers who endured an extremely uncomfortable hour-long flight in peak summer due to a technical problem that turned off the aircraft's air-conditioning. Some passengers resorted to using the safety cards as makeshift fans, while a perspiring flight attendant was seen frequently distributing wet wipes to passengers. «We deeply apologise for the inconvenience our customers experienced during your recent travel with us.

06.08 / 07:29

COST UPS Aviat SUN Airlines Indigo soars in Q1, but is it too early to celebrate?

₹1 lakh crore to keep Air India afloat before selling it to the Tatas for ₹2,400 crore and saddling the conglomerate with ₹61,000 crore of legacy debt and liabilities. Dutch carrier KLM, the world’s oldest airline in operation, is still afloat thanks to a merger with another government-backed airline, Air France. Meanwhile, Italian carrier AlItalia shut shop in 2021 after going bust.

04.08 / 18:19

Provident BLOCK SUN Tether stage Tackling global warming with an asteroid ‘umbrella’? Here’s all you need to know about the unique method and how does it work

Earth from the sun's rays using a spaceborne «umbrella» tethered to a captured asteroid. This theoretical concept, proposed by István Szapudi, an astronomer at the University of Hawaii Institute of Astronomy, seeks to mitigate the impending catastrophe of climate change by reducing the amount of sunlight reaching our planet's surface.

04.08 / 18:15

SUN Platform Mobile Southern social China Set to Impose Mobile Device Limits for Minors

mental health of young people. Chinese parents who have struggled to keep their children away from screens are looking forward to the change. “It would be great if there was a way to force him not to spend so much time online," Wang Yuefang, a shift manager at a textile factory in the southern manufacturing hub of Guangzhou, said of her 13-year-old son.

04.08 / 08:23

COST SUN Action We will continue to see increase in share of revenues in speciality business: CS Murlidharan, Sun Pharma

«As far as the global speciality sales in current quarter, Q1 FY24, we did U.S. dollar 232 million, which is about 20% growth over the previous year corresponding quarter. And if you look at our FY22-23 revenues of speciality business globally, it was $874 million, which is almost doubled over a period of three years,» says CS Murlidharan, CFO, Sun Pharma.The on ground situation largely with respect to pricing in the US, was there any improvement with regard to price erosion sequentially and what is the outlook going forward?As we have shared in the call the U.S.

04.08 / 05:53

UPS SUN NIFTY SENSEX Share market update: Most active stocks on D-Street today in terms of volume

The NSE Nifty index was trading 96.0 points up at 19477.65, while BSE Sensex was up 326.2 points at 65566.88 at the time of writing this report. In the Nifty index, Cipla Ltd.(up 4.28 per cent), Wipro Ltd.(up 2.00 per cent), LTIMindtree Ltd.(up 1.73 per cent), HCL Technologies Ltd.(up 1.67 per cent) and Tata Consultancy Services Ltd.(up 1.46 per cent) were among the top gainers.

04.08 / 05:43

UPS SUN NIFTY SENSEX Share market update: Most active stocks of the day in terms of total traded value

The NSE Nifty index traded 68.2 points up at 19449.85, while BSE Sensex was up 206.67 points at 65447.35 as of 10:55AM(IST)on August 04. In the Nifty index, Cipla Ltd.(up 3.91 per cent), Wipro Ltd.(up 2.01 per cent), HCL Technologies Ltd.(up 1.67 per cent), LTIMindtree Ltd.(up 1.62 per cent) and Tech Mahindra Ltd.(up 1.61 per cent) were among the top gainers.

04.08 / 05:43

UPS Lowe's SUN NIFTY SENSEX index Stock market update: Nifty Pharma index advances 0.51% in an upbeat market

Cipla(up 3.98 per cent), Natco Pharma(up 1.95 per cent), Torrent Pharmaceuticals(up 1.71 per cent), Zydus Lifesciences(up 1.34 per cent) and Gland Pharma(up 0.83 per cent) were among the top gainers. Abbott India(down 2.35 per cent), Sun Pharmaceutical Industries(down 0.73 per cent), Lupin(down 0.48 per cent), Ipca Laboratories(down 0.46 per cent) and Glenmark Pharmaceuticals(down 0.21 per cent) were the top losers on the index.

04.08 / 05:09

UPS SUN NIFTY SENSEX Power Stock market update: Power stocks up as market rises

Jyoti Structures(up 4.98%), Jaiprakash Power Ventures(up 4.76%), Suzlon Energy(up 4.46%), Inox Wind Energy(up 4.10%), Transformers and Rectifiers(India)(up 3.63%), Reliance Power(up 3.60%), Indo Tech Transformers(up 3.45%), RTNPOWER(up 3.06%), Orient Green Power Company(up 2.68%) and GE Power India Limited(up 2.38%) were among the top gainers. Indowind Energy(down 1.85%), KEC International(down 0.86%), Power Grid Corporation of India(down 0.66%), Torrent Power(down 0.47%), Kalpataru Projects International(down 0.37%), ADANIGREEN(down 0.24%), Hitachi Energy India(down 0.24%), Inox wind(down 0.23%), Karma Energy(down 0.22%) and NHPC(down 0.20%) were among the top losers.

04.08 / 02:23

UPS SUN Platform Enterprise Cummins performer Stocks to Watch: Airtel, Adani Ent, Cipla, Sun Pharma, Eicher Motors

Bharti Airtel: Bharti Airtel Ltd reported a mixed set of first-quarter numbers on Thursday, with revenue beating estimates even as profit came below expectations. The company reported a flat net profit of ₹1,612.5 crore in the first quarter of fiscal 2024 from ₹1,607 crore a year ago. However, the company’s revenue from operations grew 14% to ₹37,440 crore compared to ₹32,804.6 crore in Q1 FY23.

03.08 / 17:39

UPS FIVE Progressive SUN show performer Sun Pharma Q1 PAT misses estimates

₹2,022.5 crore for the quarter ended 30 June, 1.9% less than the net profit of ₹2,060.9 crore reported in the year-ago quarter. Profit came lower than analysts’ consensus estimate of ₹2,164.5 crore as indicated by Bloomberg. However, the company said its adjusted net profit (excluding the exceptional items) for Q1FY24 at ₹2,345.4 crore was up 13.8% over the same quarter last year.

03.08 / 17:21

UPS SUN country The spread of rented lounge chairs on Greece's beaches brings a pledge to increase inspections

Greece’s finance minister has promised to step up inspections of beach bars and other businesses renting out seaside sunbeds and umbrellas

03.08 / 13:23

UPS SUN MAT Sun Pharma Q1 Results: Net profit drops 2% YoY to Rs 2023 crore

Sun Pharma on Thursday reported a 2% year-on-year (YoY) drop in net profit to Rs 2023 crore in Q1FY24 due to exceptional items worth Rs 323 crore. The company reported a net profit of Rs 2061 crore during the corresponding quarter of the same period. Revenue rose 10.7% YoY to Rs 11,785 crore in Q1FY24.

03.08 / 11:49

UPS SUN NIFTY SENSEX Nestle Stock market update: Sugar stocks up as market falls

Uttam Sugar Mills(up 3.38%), Kothari Sugars & Chemicals(up 2.85%), MAGADHSUGAR(up 2.71%), Shree Renuka Sugars(up 2.58%), Triveni Engineering & Industries(up 2.51%), Balrampur Chini Mills(up 2.35%), EID Parry(up 2.05%), KCP Sugar & Industries(up 1.94%), Dhampur Sugar Mills(up 1.90%) and Bannari Amman Sugars(up 1.38%) stood among the top gainers. Ugar Sugar Works(down 0.35%) and Dalmia Bharat Sugar & Industries(down 0.34%) were among the top losers of the day.

03.08 / 09:39

UPS Digital SUN Gap Dabur Q1 Results: Net profit rises 3.5% to ₹457 crore; revenue grows 11% YoY

Dabur India’s consolidated net profit in the quarter ended June 2023 rose 3.5% to ₹456.6 crore from ₹441 crore in the year-ago period. The FMCG major’s consolidated revenue in Q1FY24 increased 11% to ₹3,130.5 crore from ₹2,822.4 crore, YoY, driven by strong double-digit growth in both HPC and HC businesses. The Q1 revenue growth stands at 13.3% on Constant Currency basis.

03.08 / 08:59

COST SUN Bottomline Time Sun Pharma Q1 Results: Cons PAT falls 2% YoY to Rs 2,023 crore on one-time expense

Sun Pharmaceutical on Thursday reported a nearly 2% year-on-year (YoY) drop in consolidated net profit for the quarter ended June 2023 to Rs 2,023 crore. Revenue from operations increased nearly 11% on year to Rs 11,941 crore.

03.08 / 08:57

SUN Sun Pharma Q1 Results: Net profit falls 2% to ₹2,022 crore; revenue rises 11% YoY

Sun Pharmaceutical Industries Ltd on Thursday reported a net profit of ₹2,022.54 crore for the quarter ended June 2023, down 1.86% from ₹2,060.88 crore in the same period last year. The fall in the net profit for the quarter was partly due to one-time charges totaling ₹323 crore.

03.08 / 05:39

Lowe's Man SUN NIFTY SENSEX week Stock market update: Stocks that hit 52-week lows on NSE

Domestic benchmark index NSE Nifty fell 25.65 points to 19500.9, while the BSE Sensex traded 124.77 points down at 65658.01. On the other hand, Prakash Pipes, Integrated Personnel, Vertexplus Technolo, Jay Jalaram Tech and Man Infracons stocks hit their fresh 52-week highs today.

03.08 / 05:35

SUN Enterprise NIFTY SENSEX Share market update: Most active stocks of the day in terms of total traded value

The NSE Nifty index traded 50.45 points down at 19476.1, while BSE Sensex was down 199.91 points at 65582.87 as of 10:40AM(IST)on August 03. In the Nifty index, Sun Pharmaceutical Industries Ltd.(up 2.63 per cent), NTPC Ltd.(up 1.37 per cent), Adani Enterprises Ltd.(up 1.27 per cent), Dr.

03.08 / 05:35

UPS SUN SENSEX PTC KPI Power Stock market update: Power stocks up as market falls

GE Power India Limited(up 5.09%), Jyoti Structures(up 4.74%), CESC(up 3.32%), KEC International(up 2.75%), DPSC(up 2.69%), Adani Power(up 2.65%), Torrent Power(up 1.78%), KPI Green Energy(up 1.47%), NTPC(up 1.32%) and Inox wind(up 1.28%) were among the top gainers. Orient Green Power Company(down 2.62%), Suzlon Energy(down 2.43%), Reliance Power(down 2.20%), Jaiprakash Power Ventures(down 1.55%), Indowind Energy(down 1.49%), Kalpataru Projects International(down 1.25%), RTNPOWER(down 1.00%), Transformers and Rectifiers(India)(down 0.92%), SJVN(down 0.82%) and PTC India(down 0.51%) were among the top losers.

03.08 / 05:35

Lowe's SUN NIFTY SENSEX week Stock market update: Stocks that hit 52-week highs on NSE

Benchmark NSE Nifty index fell 54.1 points to 19472.45 amid selling in frontline bluechip stocks. However, stocks such as BKM Industries, VIP Ind., SMVD Poly Pack, Jalan Transolutions and Bodhi Tree Multimed, touched their fresh 52-week low.

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