Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on July 12, 2024. Kuvera First Published13 Jul 2024, 11:42 AM IST From top news to market performance, here’s the market wrap for the week ended July […]
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Q1 results today on July 13: At least five companies are set to announce their FY25 first quarter (Q1) financial results today, on Saturday, July 13. The Q1FY25 earnings season started from July 8 and many prominent companies have announced their first quarter or Q1 results this week. A host […]
When retail investors face any problem relating to a listed company or intermediary, they usually file a complaint with the entity concerned. In situations where the problem is not addressed, they have an option to file a grievance with a SCORES, a grievance redressal platform by the markets regulator Securities Exchange […]
Domestic brokerage firm Systematix Institutional Equities anticipates cement companies within its coverage to deliver subpar performance in the first quarter, primarily due to weak prices and lower volumes impacting earnings. Despite numerous efforts, cement companies have struggled to implement price hikes, resulting in an average drop in realisations of ₹111/tonne […]
Shipping stocks continued their impressive rally for the second consecutive session on Friday, with Shipping Corporation of India (SCI), leading the charge with a 16.40% surge to hit a record high of ₹384.20 per share. In the previous trading day, the stock had hit the 20% upper circuit limit on […]
Shares of Globus Spirits have been on a downward trend since January 2022, primarily due to challenges such as rising raw material and power costs over the past two years. During this period, the stock has decreased from its all-time high of ₹1,719 to the current level of ₹858.40, marking […]
Adani Wilmar has been in focus after the Adani Group firm shared its business updates for the first quarter (Q1FY25). The FMCG firm reported a 13 percent year-on-year growth in volumes in the June quarter. This success came despite industry challenges during the quarter, such as decreased out-of-home consumption and […]
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
The Nifty FMCG index continued its upward momentum, marking a new milestone with a record high of 59,587 points on Thursday, extending its winning streak for the fifth consecutive trading session. It gained 0.40% during the session, accumulating a 4.3% increase over the past five sessions, bringing it closer to […]
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat on Thursday, July 11, as gains in shares of ITC, ONGC, Tata Motors and SBI were offset by losses in those of Mahindra and Mahindra (M&M), Bajaj Finance, ICICI Bank and Larsen and Toubro. Benchmark […]