UPS Financial News

Nestle India’s share price fell on Friday to the day’s low of Rs 2,511.60, dropping 2% after the company declared its Q4 results on Thursday. The standalone net profit rose 27% year-on-year (YoY) to Rs 934 crore for the March quarter as compared to Rs 737 crore a year ago.

Colgate-Palmolive (India) Ltd. traded 0.9 per cent up in Friday's trade at 12:07PM (IST). Around 3,943 shares changed hands on the counter. The stock opened at Rs 2794.05 and touched an intraday high and low of Rs 2840.15 and Rs 2791.45, respectively, in the session so far. Shares of the company of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 2840.15 and a 52-week low of Rs 1535.85.

Marico Ltd. gained 1.35 per cent to Rs 517.0 at 12:12PM (IST) in Friday's trade. The counter hit a high of Rs 518.65 and low of Rs 511.05 so far during the session. The stock had closed at Rs 510.1 in the previous session. The counter had a total traded volume of 12:12PM shares so far with a turnover of Rs 1.15 crore on BSE. The stock traded at a price-to-earnings multiple of 45.04 and a price-to-book ratio of 16.29.

Pidilite Industries Ltd. gained 2.39 per cent to Rs 2987.9 in Friday's trade as of 12:02PM (IST). It hit a high of Rs 3004.6 and low of Rs 2901.35 during the session. The stock quoted a 52-week high price of Rs 3073.2 and a low of Rs 2293.1. The return on equity for the stock stood at 17.76 per cent. About 4,416 shares have changed hands on the counter so far.

mutual funds have offered an average return of 16.52% in the last three years, data crunching by ETMutualFunds showed. There were around 10 mutual fund schemes in the ESG theme based mutual fund category which includes both active and passive funds. Quant ESG Equity Fund, the topper in the category, gave 31.58% return in the last three years. ICICI Prudential ESG Exclusionary Strategy Fund offered 17.40% return in the said time period. SBI ESG Exclusionary Strategy Fund gave 16.63% return in a five year period. Both these schemes follow Exclusionary Strategy after Sebi introduced five new sub-categories.

The anticipation surrounding Scorpion Casino’s upcoming exchange launches has reached a fever pitch, as investors eagerly position themselves to capitalize on the project’s lucrative passive income opportunities. Even before its official launch, the Scorpion Casino ecosystem has been generating waves of excitement by consistently delivering on its promises of daily payouts to presale participants.

Tata Elxsi Ltd. traded 0.6 per cent up at Rs 7137.0 on Friday at around 11:31AM (IST), while the benchmark BSE Sensex declined 142.79 points to 74196.65. As many as 3,523 shares changed hands on the counter with a total value of Rs 2.51 crore.

Narendra Modi wants to export India’s digital payments system to the world. That plan now risks stumbling as clunky technology used by Indian lenders fails to keep up with his ambitions. In recent years, the fastest-growing major economy has invested in a vast ecosystem of technologies to increase financial inclusion and pull hundreds of millions of Indians into the digital marketplace. Today, the nation’s homegrown payments system, United Payments Interface, or UPI, is used to pay for practically everything, from expensive jewelry to a 10-rupee cup of piping hot tea. Also Read: RBI asks Kotak Mahindra Bank to stop issuing fresh credit cards, onboarding fresh customers via mobile banking

Bharat Forge Ltd. traded 0.14 per cent up in Friday's trade at 11:36AM (IST). Around 30,255 shares changed hands on the counter. The stock opened at Rs 1319.35 and touched an intraday high and low of Rs 1326.35 and Rs 1309.0, respectively, in the session so far. Shares of the company of Bharat Forge Ltd. quoted a 52-week high of Rs 1330.0 and a 52-week low of Rs 748.2.

mutual funds are now beginning to show early signs of a possible reversal in March when an outflow of Rs 94.17 crore was seen for the first time in 31 months. Largecap funds, on the other hand, are back in vogue as investors poured in Rs 2,127 crore last month after pulling out Rs 2,741 crore in the last 11 months. The total assets under management (AUM) of largecap funds has now surged to Rs 3.14 lakh crore, the second highest in equity category after flexicap funds. Does the on-going volatility in the mid and small cap funds and the outflows from small cap funds in March indicate that large cap funds will gain more popularity from the investors?

Bharat Electronics Ltd. traded 0.96 per cent up at Rs 240.0 on Friday at around 11:06AM (IST), while the benchmark BSE Sensex declined 198.9 points to 74140.54. As many as 959,821 shares changed hands on the counter with a total value of Rs 23.02 crore.

Lexus Granito(India)Ltd.(up 9.87%), Gujarat Mineral Development Corporation Ltd.(up 4.06%), 20 Microns Ltd.(up 3.48%), The Orissa Minerals Development Company Ltd.(up 2.24%), NMDC Ltd.(up 1.39%), Madhav Marbles & Granites Ltd.(up 1.18%), Aro Granite Industries Ltd.(up 0.46%), KIOCL Ltd.(up 0.45%), Coal India Ltd.(up 0.44%) and Ashapura Minechem Ltd.(up 0.38%) were among the top gainers.

DLF Ltd. rose 0.88 per cent to Rs 902.5 in Friday's trade as of 11:01AM (IST) even as the benchmark Nifty ruled at 22547.45, down 22.9 points. The scrip had closed at Rs 894.55 in the previous session. The stock quoted a 52-week low of Rs 408.75 and a high of Rs 967.0. The company quoted a market-cap of Rs 221230.98 crore on the BSE.

Lok Sabha elections always create a buzz around the D-Street. Over the long term, stock markets have generally exhibited positive returns despite short-term volatility related to elections. Volatility can work in both directions-upward and downward. While downward volatility refers to periods of declining prices and increased market uncertainty, upward volatility describes periods of rising prices and increased market fluctuations. While past performance does not indicate future results, historical market trends can provide insights. <div data-placement=«Mid

By 2028, a Honda manufacturing plant in Alliston, Ont., should be ready to pump out 240,000 electric vehicles (EVs) every single year.

Vodafone Idea is under the F&O trade ban on Friday while Aditya Birla Fashion & Retail (ABFRL), state-run Steel Authority of India (SAIL) and Hindustan Copper have moved out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.

Rahul Jain, VP, Dolat Capital, says the competitive intensity could be slightly different once the Swiggy IPO happens because the objective of achieving profitability was more important from a IPO perspective and once that happens, the competitive landscape may become slightly larger from post listing perspective. It seems like Swiggy is all set, at least got the shareholder nod for that mammoth IPO in the offing which all of us have been waiting for. But in terms of valuation, how do you think it stacks up to Zomato because even Zomato valuations have quite peaked out in the last one year or so? Rahul Jain: When it comes to valuation, we have seen there is a significant rise and that was due to two reasons – one, of course the way the Blinkit business has scaled up and looks like a second optionality for the Zomato shareholders beyond the food ordering business and of course the path to profitability which they have been guiding and consistently achieving those objective in a time frame which they have been identifying.

International and domestic gold and silver prices gained on Thursday after the Dollar eased after US first-quarter GDP rose less than expected in the first quarter. The rise comes on hopes the Fed could move to lower interest rates after weak GDP numbers.

TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said. The algorithms TikTok relies on for its operations are deemed core to ByteDance's overall operations, which would make a sale of the app with algorithms highly unlikely, said the sources close to the parent.

second phase of Lok Sabha Elections 2024 today, April 26. The seats going to polls today include all 20 Lok Sabha constituencies in Kerala, 14 in Karnataka, 13 in Rajasthan, eight each in Uttar Pradesh and Maharashtra, seven in Madhya Pradesh, five each in Assam and Bihar, three each in West Bengal and Chhattisgarh and one each in Jammu and Kashmir, Manipur and Tripura. Follow Live Updates on Phase 2 Elections Here Congress leaders Rahul Gandhi and Shashi Tharoor, the BJP's youth icon Tejasvi Surya, Union minister Rajeev Chandrasekhar, actor-turned-politicians Hema Malini and Arun Govil, and the speaker in the outgoing Lok Sabha, Om Birla are among 1,210 candidates in the fray in Phase 2 of the Lok Sabha elections.

demat accounts will get the shares. Also Read: JNK India IPO: Issue subscribed 28.13 times on the last day of bidding process led by QIBs, NIIs. Check GMP The initiation of the refund process will start on Monday, April 29, for individuals not given shares.