Once a penny stock, Panyam Cements and Mineral Industries has transformed into a multibagger success story, delivering phenomenal returns to its investors recently. Over the past year, the stock has performed remarkably, soaring by 2986 percent and maintaining investor confidence amid market fluctuations. From its 52-week low of ₹11.32 on […]
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Gold And Silver Prices Today: Gold prices saw a slight increase on Monday.The cost of 24 carat gold is Rs.7521.7 per gm up by Rs.732.0.The cost of 22 carat gold is Rs.6889.9 per gm up by Rs.670.0.The price change in 24 carat gold in the last one week has been […]
Stock Market Today: Reliance share price declined around 3% in morning trades on Monday, post Q1 results that were declared on Friday post market hours. Reliance Industries reported net profit at consolidated levels at ₹17,445 crore declined slightly more than 4% y-oy though came in line with the consensus analyst […]
Reliance Industries: The company’s Q1 consolidated profit was ₹17,448 crore, a decrease from ₹18,182 crore. Revenue grew by 11.5% to ₹2,57,823 crore from ₹2,31,132 crore. EBITDA rose by 2% to ₹42,748 crore from ₹41,906 crore. EBITDA margin was at 16.6%, down from 18.1%. Jio Platforms’ profit jumped by 11.7% to […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday tracking weak cues from global peers. Asian markets traded lower, while the US stock market ended in the red on Friday amid uncertainty over the global technical outage. Markets are likely […]
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This […]
India’s central bank sold ₹34 billion ($406 million) of bonds in the secondary market, likely to absorb excess cash in the banking system resulting from inflows into the nation’s debt after being included in a global index, according to Bloomberg report. The Reserve Bank of India‘s bond sales occurred over […]
Mining conglomerate Vedanta Limited raised ₹8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of ₹440 per share, according to a stock exchange filing by the company. The issue, which closed on July 19, implied a discount of 4.61 […]
Today, India is among the most valued stock markets in the world. India’s total Mcap is ₹450 trillion, the 4th largest in the dollar term, being valued at a Mcap/GDP ratio of 150% based on FY24 nominal GDP (current price) of ₹300 trillion (estimated). The nominal GDP is forecast to […]
In the holiday-shortened week, the combined market valuation of eight of the top 10 most valued firms surged by ₹2,10,330.26 crore, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index increased by 85.31 points, or 0.10%, and the 30-share BSE […]