Shares of Godrej Agrovet ended with 29 per cent gains during their trading debut on Monday. The stock ended at Rs 592 compared to Initial Public Offer (IPO) price of Rs 460 per share on the National Stock Exchange (NSE). The stock touched a high of Rs 630 and a low of Rs 563.4 on the NSE with a total of Rs 1,441 crore worth of shares changing hands.
See full articleUltraTech Cement Ltd posted a 28 percent fall in second-quarter profit, but beat street estimates, hurt by higher expenses. Standalone profit fell to Rs 431.2 crore rupees for the quarter ended Sept. 30, from Rs 601 crore rupees a year ago, the company said on Wednesday.........
See full articleAxis Bank on Tuesday reported 36 per cent year-on-year growth in its second-quarter net profit, aided by low provisioning. Asset quality numbers worsened significantly on the Reserve Bank of India’s (RBI’s) assessment of its previous financial year numbers...........
See full articleBajaj Auto on Tuesday reported a 1% fall in its net profit to Rs 1,112 crore for the second quarter, compared to the corresponding period last year, sending the stock price to hit a new high of Rs 3,310. The company had reported a Rs 1,123 crore — the best quarterly figure — net profit in the second quarter of last financial year..................
See full articleAries Agro soared 18% to Rs 244, extending its previous day’s rally on the National Stock Exchange (NSE) after ace investor Vijay Kishanlal Kedia hiked stakes in the fertiliser company by nearly two percentage points via open market purchases. The stock is now trading at its 52-week high level, surging 41% in the last two trading sessions from Rs 172.45 on Friday, October 13...........
See full articleBajaj Finance, the lending subsidiary of Bajaj Finserv, has posted a heavy rise in profit in the quarter ended September on the back of rising net interest income (NII) and growth in assets under management (AUM) with new loans booked...............
See full articleBharti Airtel has hit a two-year high of Rs 441, up 2% in intra-day trade, extending its past four day gain on the BSE, after the company on Friday, October 13, said it had agreed with Tata Teleservices Limited (TTSL) and Tata Teleservices Maharashtra (TTML), to combine their consumer mobile business (Tata CMB) with Bharti................
See full articleBharat Financial Inclusion hit its 52-week high of Rs 1,047, up 4.4%, while IndusInd Bank dipped 3% to Rs 1,700 on the BSE in intra-day trade after the board of respective companies approved a merger of the two entities to create a stronger and more sustainable platform for financial Inclusion. Upon the Scheme becoming effective, Bharat Financial Inclusion will stand merged into IndusInd Bank..............
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