Updates Financial News

Inflation has declined to the lowest point in three years, and the federal government has created the economic conditions that would allow the Bank of Canada to cut interest rates when it meets next week on June 5, says Deputy Prime Minister Chrystia Freeland.

Cuba on Tuesday, in a move designed to boost private businesses on the island. The measures will allow independent entrepreneurs to open and access U.S. bank accounts online to support their businesses.

Kate Middleton was spotted multiple times with her family this week. The developments sighed relief to her well-wishers, who were very concerned about her health after the cancer diagnosis, especially after King Charles was also diagnosed with cancer. The reports suggest that Kate Middleton is still not back to her official duties and may take this full year to recoup from health issues.

With stubborn inflation and higher costs, layoffs at small businesses are sometimes a necessity

The Avalanche (AVAX) price has seen an uptick recently. Meanwhile, Stellar (XLM) strengthens its position through strategic partnerships, fostering confidence among Stellar (XLM) holders. Amidst these developments, BlockDAG stands out with a revolutionary dashboard update that has propelled its presale to an impressive $33.9 million. BlockDAG’s global visibility, especially with notable displays like Piccadilly Circus, positions it as one of the best altcoins to buy, promising substantial growth potential in the cryptocurrency market.

deadlines next month that you should be aware of. The following is a list of six financial deadlines in June 2024.

Benchmark NSE Nifty closed 44.3 points down at 22888.15 amid selling in frontline bluechip counters.

Shares of Glenmark Pharmaceuticals Ltd.(up 3.65 per cent), Divi's Laboratories Ltd.(up 3.22 per cent), Aurobindo Pharma Ltd.(up 2.07 per cent), Ipca Laboratories Ltd.(up 1.79 per cent) and Dr. Reddy's Laboratories Ltd.(up 1.58 per cent) ended the day as top gainers in the pack.

Bannari Amman Sugars Ltd.(up 1.17%), Ponni Sugars(Erode)Ltd.(up 0.67%), EID Parry(India)Ltd.(up 0.51%), Balrampur Chini Mills Ltd.(up 0.20%) and Avadh Sugar & Energy Ltd.(up 0.01%) stood among the top gainers.

Indo Tech Transformers Ltd.(up 5.00%), Karma Energy Ltd.(up 4.96%), RattanIndia Power Ltd.(up 4.74%), Torrent Power Ltd.(up 2.58%), Jyoti Structures Ltd.(up 1.00%) and Transformers & Rectifiers(India)Ltd.(up 0.27%) stood among the top gainers.

Lexus Granito(India)Ltd.(up 1.34%) stood among the top gainers.

Income Tax Department has urged taxpayers to link PAN with Aadhaar by May 31, 2024, to avoid higher tax deducted at source (TDS) or tax collected at source (TCS). In a post on social media platform X on May 28, 2024, the tax department said, “Kind attention taxpayers, please link your PAN with Aadhaar before May 31st, 2024.” “Linking your PAN with your Aadhaar by May 31 ensures you don’t face higher tax deduction/ tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for the transactions entered into before March 31, 2024,” it added.

The Conference Board on Tuesday issues its consumer confidence index for May

Mukesh Ambani's Reliance Industries, debates and discussions are ongoing about which business will go public first, according to a report by the Hindu Businessline. And it added, citing sources, that it is highly likely that Reliance Jio Infocomm will be the first to debut on the public markets ahead of other businesses.While discussions are still in the initial stages, top officials, sources told the paper, favoured the telco making its public markets debut first, adding that they view it as a more "mature" business.Livemint could not independently verify the report.Also Read | Sensex Today Live Updates: Sensex, Nifty trade muted, amid 2-year high VIX at 24; PSB, Realty drag; Pharma, Health upThey added that Reliance Industries (RIL) is considering a potential valuation of around $100 billion, with a share price of approximately ₹1,200 per share.

₹4.32 for Q4 which increased by 65.54% Y-o-Y.Balmer Lawrie & Company has delivered -7.08% return in the last 1 week, 89.29% return in the last 6 months and 33.2% YTD return.Currently, Balmer Lawrie & Company has a market cap of ₹4984.76 Cr and 52wk high/low of ₹320.45 & ₹124.25 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹73.77CrQuestion : What is Q4 revenue?Ans : ₹576.69CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹2.41 for Q4 which decreased by 17.43% Y-o-Y.Elgi Equipments has delivered 2.53% return in the last 1 week, 24.78% return in last 6 months and 19.81% YTD return.Currently the Elgi Equipments has a market cap of ₹20642.84 Cr and 52wk high/low of ₹714.2 & ₹463 respectively.As of 28 May, 2024 out of 3 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating &1 analyst has given Buy rating.The consensus recommendation as on 28 May, 2024 was to Sell.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹76.24CrQuestion : What is Q4 revenue?Ans : ₹865.94CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹21.56 for Q4, which increased by 42.79% Y-o-Y.Natco Pharma has delivered 3% return in the last 1 week, 31.9% return in the last 6 months, and 26.87% YTD return.Currently, Natco Pharma has a market cap of ₹18437.57 Cr and a 52wk high/low of ₹1108.35 & ₹615.5 respectively.As of 28 May, 2024, out of 9 analysts covering the company, 1 analyst has given a Strong Sell rating, 1 analyst has given a Sell rating, 1 analyst has given a Hold rating, 4 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.The consensus recommendation as of 28 May, 2024, was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹386.3CrQuestion : What is Q4 revenue?Ans : ₹1068.3CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹61.76, marking a 29.88% decrease year-on-year.In terms of returns, Lakshmi Machine Works delivered -3.96% in the last 1 week, 24.92% in the last 6 months, and 19.69% year-to-date.The company currently boasts a market capitalization of ₹17566.64 Cr with a 52-week high/low of ₹17794.15 & ₹11251 respectively.Analysts covering the company as of 28 May, 2024, have mixed opinions with 1 analyst giving a Strong Sell rating and 1 analyst giving a Hold rating.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹65.98CrQuestion : What is Q4 revenue?Ans : ₹970.65CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹3.5, indicating a significant growth of 150.86% year-over-year.HBL Power Systems' stock performance has been mixed with a -1.93% return in the last week, but strong returns of 53.95% in the last 6 months and 21.13% year-to-date.Currently, the market capitalization of HBL Power Systems stands at ₹14652.53 Cr with a 52-week high/low of ₹612 & ₹104.2 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹81.45CrQuestion : What is Q4 revenue?Ans : ₹610.09CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

TRP game zone, where a tragic fire last week killed 27 people, an official told PTI on May 28.Dhaval Thakkar, the proprietor of Dhaval Corporation, which operated the TRP game zone alongside five partners of Raceway Enterprises, was apprehended in Abu Road, Rajasthan.

₹2.2 for Q4 which increased by 52.44% Y-o-Y.Sumitomo Chemical India has delivered 8.69% return in the last 1 week, 14.62% return in last 6 months and 10.6% YTD return.Currently the Sumitomo Chemical India has a market cap of ₹22012.33 Cr and 52wk high/low of ₹449 & ₹336.1 respectively.As of 28 May, 2024 out of 8 analysts covering the company, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 2 analysts have given Buy rating & 4 analysts have given Strong Buy rating.The consensus recommendation as on 28 May, 2024 was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹109.7CrQuestion : What is Q4 revenue?Ans : ₹674.2CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world