UPS Financial News

14.05 / 08:19

UPS Manufacturing performer reports sanitizer Q4 Results Impact: Finolex Industries shares climb 9.6% to new high

Finolex Industries surged 9.6 percent in intra-day deals on Tuesday to their record high of ₹297.55 apiece after the firm announced its March quarter (Q4FY24) results. The firm posted about a 2 percent year-on-year (YoY) rise in its standalone profit after tax to ₹161.43 crore in Q4FY24 on the back of higher revenues as against ₹158.35 crore in the corresponding period last year. Meanwhile, its total income from operations during the quarter under review also rose 8.27 percent to ₹1,235.42 crore versus ₹1,141.06 crore in the year-ago period.

14.05 / 08:19

UPS BLOCK Digital trends Experts performer IT Sector: Between midcaps and largecaps, what should you pick? Here's what experts suggest

Coforge was the top loser in the IT space in 2024 YTD, down 28 percent, followed by LTIMindtree, down 26.5 percent. Meanwhile, other mid-cap IT stocks, Mphasis, L&T Tech, Persistent Systems also shed 17 percent, 14 percent and 8.6 percent, respectively. Among largecaps, HCL Tech fell the most, over 10 percent, while, Infosys, Wipro, and Tech Mahindra lost 7.8 percent, 3.5 percent, and 1 percent, respectively.

14.05 / 08:19

UPS Action Everest country reports testing How India can spice up global palette, in a better way

India is the world’s largest producer of spices by a long shot. Hong Kong, it has been reported, has suspended the sales of three spice blends made by two Indian companies that are household brand names, MDH and Everest. The reason given for the regulatory action is that these products apparently contain high levels of a cancer-causing pesticide ethylene oxide.

14.05 / 08:19

markets UPS SUN security wellness Pharmaceuticals Torrent, Glenmark lead Indian pharma market growth. Sun, Cipla, Lupin are among other notable gainers

Torrent Pharmaceuticals and Glenmark Pharmaceuticals were key leaders amongst listed companies, that saw their domestic sales grow 16.7-17.7% during the month of April' 2024 . The two were closely followed by Alkem Laboratories whose sales in value terms also grew 14.8% y-o-y.

14.05 / 08:19

UPS Citizens Cycling tenor recommendations Want to deposit money for 5 years? These 6 banks offer highest interest rate on long term fixed deposits

repo rate towards the year-end, thus triggering the lower interest rate cycle — it is recommended to lock your deposits at higher rates for the long term. And in case you want to make the most of the prevailing interest rates, you can explore the banks which offer the highest interest rates. Here we give a lowdown on banks offering highest rates of interest on their five-year-fixed deposits.

14.05 / 08:19

UPS Election RAI social Videos Lok Sabha Election 2024: Comedian Shyam Rangeela alleges obstruction in filing nomination against PM Modi from Varanasi

Prime Minister Narendra Modi filed nomination papers from the prestigious seat. “They can reject by my papers. But at least, take the documents," Rangeela said in a social media post.

14.05 / 08:19

markets UPS Target Trade performer recommendations 3 Tata Group stocks including Voltas tumble up to 12.8% in 6 sessions, wipe out ₹43,300 crore

Tata Motors share price tanks 9% after Q4 results 2024. Opportunity to buy? During the past six trading sessions, Tata Motors' shares experienced a 6.70% decline, causing a loss of ₹22,592.60 crore in market value. Similarly, Tata Power witnessed a 9.4% drop in the same period, resulting in a ₹14,731 crore reduction in market capitalisation.

14.05 / 08:09

markets UPS Boeing Cooling UK labour market keeps hope of summer rate cuts alive

The UK unemployment rate estimates rose to 4.3% in Q1 2024, up from 3.8% seen in the previous quarter, according to data from the Office for National Statistics. Overall, the employment rate has fallen to 74.5%, down against the previous year and quarter, while economic inactivity has increased to 22.1%. BoE forecasts UK GDP will continue to grow despite elevated interest rates Vacancies were down by 26,000 in the three months to April to 898,000, the 22nd consecutive period of decline. However, the figure remained above pre-Covid levels of job openings, the ONS said. Despite th...

14.05 / 08:09

UPS Anglo American plans breakup following rejection of £34bn BHP bid

As part of the split, diamond company De Beers is set to be divested or demerged, while the group also plans to split off its platinum and steelmaking coal business as it explores options for its nickel arm. Investment Association urges FCA to retain shareholder protections in revamped listings regime The move will result in Anglo American focusing its efforts on copper, premium iron ore and crop nutrients, with proceeds from the split used to shore up its balance sheet. The group has highlighted three key benefits resulting from the split: undiluted shareholder participation in a ...

14.05 / 07:15

COST UPS Election Food wellness Inflation is steady but price pressures may pose challenge for new government

steady inflation in April was supported by a favourable base effect. On a month-on-month basis, Consumer Price Index (CPI) rose 0.48% in April from the previous month, marking the fastest month-on-month increase since November 2023. This increase was primarily driven by significant rises in specific categories: food prices increased by 0.74%, pan, tobacco, and intoxicants by 0.44%, and housing by 0.95%.

14.05 / 07:15

UPS wellness Universities Cycling testing patient symptoms The stress hormone isn’t all bad. What to know about your cortisol levels.

If you’ve noticed people talking about managing their cortisol lately, you’re not alone. Chatter about the stress hormone has surged. Doctors say patients are bringing it up more often, and Google searches for how to lower cortisol reached a high in April.

14.05 / 06:53

UPS Election community wellness reports Lok Sabha Elections 2024: Discord brewing in BJP over Raebareli candidate Dinesh Pratap Singh; Amit Shah steps in

Bharatiya Janata Party's (BJP) Raebareli candidate, is reportedly facing discontent within the saffron camp in the run-up to May 20 Lok Sabha elections in the Congress stronghold. Singh is up against Rahul Gandhi in the seat currently held by Sonia Gandhi. The discontent primarily arises from the unexpected silence of BJP MLA Aditi Singh and the rebel SP MLA Manoj Kumar Pandey.

14.05 / 06:35

markets UPS Strategy wellness Healthcare Trade Multibagger Stock: Alphalogic Techsys surges over 3600% in 3 years, up 271% this year so far; should you invest?

₹6.49 in May 2021 to ₹246.05 currently, its new high. The scrip has also given multibagger returns this year so far as well as in the last one year. It skyrocketed over 271 percent in 2024 YTD from ₹66.27 in December 2023 to touch its record high of ₹246.05.

14.05 / 05:45

UPS Nestle Jindal Steel & Power, Hero Motocorp & others hit 52 week high today ; Do you own any?

Bank Nifty was up by 49.15(0.1%) at 14 May 2024 10:44:56 IST.Other stocks such as LANCOR HOLDINGS ORD, Medico Remedies, Shanti Overseas (India), GSS Infotech, Clean Science & Technology hit their fresh 52 wk lows today.

14.05 / 05:23

markets UPS Manufacturing wellness performer reports International 5 high dividend stocks up more than 80% in 2024

₹3.5 per share in January 2024. With a consistent dividend payout over the past 15 years and an average dividend yield of at least 2% since 2018, the company is on a solid trajectory. Also, the company is executing several plans that will grow its revenue in the medium term.

14.05 / 05:13

UPS Provident BLOCK Election Southern Experts reports RVNL share price jumps over 5% on bagging ₹239 crore order from Southern Railway

₹239 crore from Southern Railway on Monday. Rail Vikas Nigam Ltd (RVNL) said in an exchange filing that it has got an order to provide an automatic block signalling system from Jolarpettai Junction to Erode Junction of the Salem Division of the Southern Railway. The order is to be executed within 12 months.

14.05 / 05:13

COST UPS Citi Trade country Gold and silver prices today on 14-05-2024: Check latest rates in your city

gold in the last one week has been -0.38%, whereas in the last month it has been 0.72%. The cost of silver is Rs.83660.0 per kg down by Rs.720.0 per kg. Gold Price Today in Delhi is ₹73607.0/10 grams.

14.05 / 05:13

markets UPS Manufacturing Software Tesla reports Features A famed car designer’s doomed attempt to challenge Tesla

Chuck Heinle, a small-business owner in Maryland, was thrilled when electric-vehicle startup Fisker reached out to rent one of his warehouses outside Baltimore. He ended up signing a lengthy lease with the company early last year to use the space as a vehicle-delivery center. “As soon as they contacted me to lease the building, I invested quite a bit of money" in Fisker stock, Heinle said.

14.05 / 05:13

UPS security Puzzle wellness Cycling track cover What is the greatest secret of creating wealth? MintGenie explains

wealth creation journey, the bigger and more relevant piece of the puzzle is a much simpler step. Let’s think about the typical cycle of money that we follow. We earn, we spend and if there is anything left over we save.

14.05 / 05:13

markets UPS Election trends Trade recommendations rowing Stocks in focus: Ruchit Jain of 5paisa recommends buying Britannia, and Hindalco today

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, started off Tuesday's session on a flat note amid mixed global cues. The domestic market was chiefly driven by metal, realty, and public sector undertakings (PSU) bank stocks. The 30-share BSE Sensex opened lower by 79.41 points, or 0.11%, at the 72,696.72 level, while the Nifty 50 started off at the 22,112.90 level, up 8.90 points, or 0.04%.

14.05 / 05:13

markets UPS Target Food Trade Experts recommendations Varun Beverages share price jumps over 5% buoyed by Q1 result; should you buy stock? Here's what experts say

Varun Beverages share price jumped over 5 per cent in morning trade on BSE on Tuesday, May 14, buoyed by the company's impressive March quarter (Q1) earnings. Varun Beverages share price opened at ₹1498.15 against its previous close of ₹1477.80 and jumped 5.5 per cent to the level of ₹1558.45. Around 9:45 am, Varun Beverages share price traded 3.13 per cent higher at ₹1,524 apiece.

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