Earlier this week, the company reported a 14% quarter-on-quarter drop in its consolidated Ebitda (earnings before interest, tax, depreciation, and amortization) to ₹2,444 crore during the three months ended March (Q4FY24). A decline in steel prices and an increase in some cost items weighed on profitability despite higher volumes. Investors […]
For India, the most significant revelation was the lack of domestic manufacturing and the widespread reliance on international supply chains. Decades of importing defence equipment from various countries highlighted India’s vulnerability. In response to this crisis, the narrative swiftly changed. The Narendra Modi-led government took decisive action, implementing import bans […]
Up to 11:15 a.m. on day 1, the issue was subscribed 0.12 times overall, receiving bids for 63,35,890 shares against 5,28,69,677 offered. By that time, the retail portion had been subscribed 0.56 times, and the portion reserved for non-institutional investors(NIIS) had been subscribed 0.06 times. Go Digit IPO earned ₹1,176.59 […]
Stock Market News: Rising for the fourth day in a row, the domestic stock benchmark indices, the Sensex and Nifty 50, saw early gains on Wednesday due to buying in Reliance Industries and ITC as well as a robust trend in US markets. The 30-share BSE Sensex climbed 138.53 points […]
Thermax share price surged as much as 14 per cent to hit its fresh record high of ₹5,347 in early trade on BSE on Wednesday, May 15. Thermax share price opened at ₹4,725 against its previous close of ₹4,692.45 and jumped 14 per cent to its all-time high of 5,347.15. […]
Buy or sell stocks for today: Despite mixed global market sentiments, the Indian stock market ended higher for the third straight session on Tuesday. The Nifty 50 index finished 113 points higher at 22,217, while the BSE Sensex gained 328 points and closed at 73,104. The Bank Nifty index gained […]
Asia’s shares rose after a significant tech-driven surge in US benchmarks, and investors are waiting for important inflation data later on Wednesday to get a sense of what the Federal Reserve will do next. On Tuesday, May 14, amid mixed global cues, the Sensex and the Nifty 50 finished the day […]
Aadhar Housing Finance IPO: The listing date of the initial public offering (IPO) of Aadhar Housing Finance Limited has been fixed on May 15 2024, i.e. today. As per the information available on the BSE website, effective from Wednesday, May 15, 2024, the equity shares of Aadhar Housing Finance Limited […]
BUENOS AIRES, Argentina — Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy. Prices rose at […]
May 14 – Retail darlings GameStop and AMC soared on Tuesday, as posts from “Roaring Kitty” Keith Gill raised chatter about the return of the central figure behind the 2021 meme stock frenzy. Shares of the video game retailer jumped 70% to its highest level since June 2021, while those […]