₹322.5 lakh crore from nearly ₹320.3 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore on Muhurat Trading 2023. (Read More)Coal India, the leading coal mining company, announced its Q2 FY24 results on 10 Nov, 2023.
The company reported a 9.85% increase in revenue and a 12.51% increase in profit year-over-year. This positive performance indicates the company's ability to generate higher revenue and profitability compared to the same period last year.However, when compared to the previous quarter, Coal India experienced a decline in revenue by 8.91% and a decrease in profit by 14.69%.
This decline can be attributed to various factors such as market conditions and operational challenges. (Read More)Today, on the 13th of November 2023, Protean eGov Technologies Limited is set to debut on the stock market with its initial public offering (IPO).
The Bombay Stock Exchange (BSE) has officially announced that, starting from this Monday, the equity shares of Protean eGov Technologies Limited will be listed and included in the 'B' Group of Securities.As per the BSE notice, the listing of Protean eGov Technologies Limited shares will occur on both the BSE and NSE, with a special pre-open session scheduled for Monday's trading activities. Despite concerns among retail investors regarding the company's business model and revenue sustainability, stock market experts anticipate a positive listing for Protean eGov Technologies Limited.
Projections suggest that the IPO will likely debut with a premium ranging between ₹30 to ₹40 per share. (Read More)Wall Street rose sharply Friday, keeping November on track to be one of its best months of the year, as companies continued to turn in better profits for the
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