Wellness Financial News

₹1,172.50 on the NSE on Tuesday. While a strong Q4 performance boosted Zydus Lifesciences share price, the strong growth guidance has given boost to earnings outlook said analysts.

Tube Investments of India Ltd. traded 2.4 per cent lower in Tuesday's session at 02:09PM (IST). The stock opened at Rs 3780.0 and has touched an intraday high and low of Rs 3780.0 and Rs 3695.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 4159.5 and a 52-week low of 2647.1. About 4,853 shares changed hands on the counter so far.

«If you look at growth on a full year basis, our revenues are up 20%, EBITDAs up 29% and profit after tax up at about 47% and we closed the year with a very healthy EBITDA margin of 26%,» says Pankaj Sahni, Group CEO, Medanta. Meanwhile, Dr Naresh Trehan, CMD, Medanta says, «The model actually not only is the highest level of care that we give or knowledge that is available, but also with compassion and make it affordable, as affordable as possible.» Describe how the quarter gone by has been for you and where is it that you see the business actually moving, say, in the next two to three quarters? Pankaj Sahni: We have been very happy with the performance as we look at not only the quarter, but the build up to that over the last several months, in fact over the full year if you look at growth from last year to this year on a quarterly basis, EBITDAs are up 8%, revenues are up 14%.

cricket and investing? There’s a lot that investors can learn from it. You see, there are parallels between crafting investment portfolios and selecting cricket teams. Both advocate for a mix of specialists, all-rounders, and X-factor options to navigate market dynamics and outperform the competition.

Also Read: Copper prices hit all-time high to break March 2022 record; what's driving the rally? Copper on the LME has surged by 28% this year, while SHFE copper has increased by 25%. SHFE copper inventories remain low compared to the beginning of 2024, despite May typically being a period of strong copper demand in China. Nickel prices have also risen sharply, nearing $21,000 per ton in the previous trading session, marking their highest level since September 2023.

Rinku Singh, the middle-order player for India and Kolkata Knight Riders , stated that his goal in senior cricket is to lift a large trophy for his team with his own hands. Rinku, who is accompanying the Indian team to the ICC T20 World Cup as a reserve, will depart on June 1, is currently competing in the Indian Premier League on behalf of Kolkata Knight Riders. With four fifties and 474 runs scored at an average of 59.25 and a strike rate of 149.52 in his breakout season the previous year.

IndiGo makes long-haul foray, orders 30 wide-body aircraft How much can this translate into profits and how much has the airline earned from Pratt & Whitney as compensation will be known on Thursday. The last few months have seen airlines open up to compensation from Pratt & Whitney, which has run into millions of dollars, not all of which is a cash payout. Globally, the large airlines have reported their best-ever profits in FY24.

finance ministry is likely to raise the CPSE dividend estimates by Rs 5,000 crore to around Rs 53,000 crore for the current fiscal in the full budget to be presented in July. In the interim budget 2024-25, the government had pegged dividend estimates from non-financial central public sector enterprises (CPSEs) at Rs 48,000 crore for the current fiscal. «The estimates may go up by about Rs 5,000 crore in the final budget to be presented in July,» an official told PTI. The interim budget estimates were based on the estimates in December 2023, and January 2024, and the estimates in the full budget will be higher as we have a better picture of the dividend now, the official added.

Gensol Engineering on Tuesday announced the appointment of Shilpa Urhekar as Chief Executive Officer (CEO), Solar EPC (India). Urhekar will succeed Ali Imran Naqvi, who has been nominated to oversee the growth of Gensol Engineering Ltd and its subsidiaries, the company said in a BSE filing. Before joining Gensol, Urhekar served as the Country Head (India) at Sterling and Wilson Renewable Energy Ltd (SWREL), where her tenure saw successful bidding and execution of 6 Gigawatt (GW) renewable energy projects. She managed the multi-gigawatt Solar EPC projects across India.

Delhi will observe dry days from 6 PM on May 23 to 6 PM on May 25, due to the upcoming Lok Sabha Elections 2024. This decision, mandated by the Election Commission of India (ECI), aims to maintain public order and ensure a fair and peaceful election process. Directive from the Election Commission The ECI has directed that all wine shops and bars in the affected constituencies, as well as adjacent constituencies, will remain closed during this period. «All wine shops and bars will be closed on polling day to maintain public order,» stated the ECI directive. This measure is crucial for preventing any disruptions on election day.

Avenue Supermarts Ltd. traded 0.99 per cent higher in Tuesday's session at 11:11AM (IST). The stock opened at Rs 4655.05 and has touched an intraday high and low of Rs 4732.9 and Rs 4613.15, respectively, during the session so far. The stock quoted a 52-week high of Rs 4892.2 and a 52-week low of 3375.25. About 2,646 shares changed hands on the counter so far.

MS Dhoni has returned to his hometown Ranchi after the Chennai Super Kings (CSK) were knocked out of IPL 2024 following a 27-run defeat against the Royal Challengers Bangalore (RCB). In his hometown, he was seen riding a bike, and the videos quickly went viral on X, although the exact timing of the video remains unverified. Dhoni's passion for bikes is well-known, and he often enjoys rides along Ranchi's roads. His impressive collection of bikes and cars at his Ranchi residence is famous among his fans. In the video, Dhoni was riding his vintage Yamaha RD350. In the IPL 2024 season, Dhoni played for CSK under the captaincy of Ruturaj Gaikwad, to whom he had handed over the leadership at the start of the season. CSK's campaign ended after their loss to RCB on Saturday, finishing fifth with seven wins and seven losses, totaling 14 points. They missed the playoffs due to an inferior net run rate compared to other teams.

Honasa Consumer Ltd.(up 5.12%), Future Consumer Ltd.(up 4.77%), JHS Svendgaard Laboratories Ltd.(up 0.81%), Adani Wilmar Ltd.(up 0.79%), Varun Beverages Ltd.(up 0.19%) and Britannia Industries Ltd.(up 0.02%) were among the top gainers.

“Over the next decade, India will be a buy on dip market — all corrections should be used as buying opportunities to increase allocation to equities as an asset class,” says Aditya Sood, Fund Manager, InCred Asset Management. In an interview with ETMarkets, Sood said: “FIIs were net sellers of approximately Rs 35,700 crore in April and Rs 33,539 crore, while DIIs were net buyers of over Rs 44,000 crore in April and Rs 26,500 crore in May,” Edited excerpts: What a twist market saw in the week gone by. We retested crucial support levels. What is causing the panic on D-St? Aditya Sood: A month ago, it was widely expected that the ruling party coalition NDA would aim for 400-plus seats. However, the turnout in the first three phases has been slightly lower, which might impact a few constituencies.

BEIJING — China's sweeping moves on Friday to increase support for real estate will take time to show results, analysts said.

people with disabilities is a critical step towards democratising the arts and challenging power relations within museums. When Akhileshwari*, a person with visual impairment, visited a museum in Bangalore with her visually impaired friends, the authorities told them, «this museum is not accessible for people like you». Munir*, a wheelchair user in his 20s, had a similar experience: «I went to a museum in Bangalore with my friends. Many parts of it were accessible and I could reach it with (their) help. But parts of the museum were not accessible for me. My friends and I decided I would stay behind while they went ahead… I felt very upset.»

count of PSBs in India to 12 from 27 got policymakers to step off the pedal. Now with swelling profits stuffing public coffers, off-loading banks may slide further down the priority order. But banking remains much too public-sector dominated.

Stock market today: The domestic benchmark indices, Sensex and Nifty 50, are probably going to open higher on Tuesday's trading session, amidst mixed global cues. The Indian benchmark indices is off to a solid start, based on Gift Nifty's trends. The Gift Nifty was trading at a premium of around 70 points from the previous closing of the Nifty futures, at 22,610.

AFP. Moreover, the US State Department also issued its statement over the matter and rejected the announcement from the ICC Prosecutor, calling it 'shameful'. "The United States fundamentally rejects the announcement today from the Prosecutor of the International Criminal Court (ICC) that he is applying for arrest warrants for senior Israeli officials, together with warrants for Hamas terrorists. We reject the Prosecutor's equivalence of Israel with Hamas.

HDFC Asset Management, in an interview with Prashant Mahesh, spoke about Indian equity valuations, investment opportunities, and risks among other issues. Edited excerpts: India's stock market valuations are considered rich after the near one-way move since Covid. What are your thoughts?

support for Nifty is around 22,300, followed by 22,100-22,000; and any dips should be seen as a buying opportunity as the index could attempt to rally towards new record highs soon, according to technical analysts. Stocks such as M&M, TVS Motors, Coal India, Grasim, ACC, Gail, Concor, National Aluminium, MTAR Tech, APL Apollo, Exide, Aurobindo Pharma and HEG could witness strong buying interest, analysts said. SUDEEP SHAH HEAD — TECHNICAL & DERIVATIVE RESEARCH, SBI SECURITIES