Aptus Worth Housing Finance Ltd has reported a 21 per cent improve in consolidated revenue after tax at ₹164 crore for the quarter ended March 31, 2024, in contrast with ₹135 crore within the year-ago quarter. Additionally learn:Aadhar Housing Finance IPO: Value band set at ₹300-315 per fairness share The board has declared an interim dividend … Read more
Information broadcaster NDTV Ltd on Friday reported a 59 per cent leap in March quarter income because it expanded digital footprint, gaining a 39 per cent rise in visitors. Additionally learn:Sony, Zee parting methods might rejig Indian media panorama Consolidated web lack of ₹8.74 crore in January-March in contrast with lack of ₹1.35 crore revenue … Read more
The present Normal Elections season — unfold over two months — are largely seen to be non-events from a markets perspective, with continuity of energy probably for ruling dispensation. With market expectation having hit a peak, businessline spoke to Lakshmi Iyer, CEO-Investments & Technique, Kotak Alternate Asset Managers, to get her sense of the market traits … Read more
International Brokerage Bernstein, a part of Societe Normal Group, sees revenue reserving post-elections within the Indian fairness markets coming anyway, noting that the election outcomes will solely function a set off level for the inevitable. Additionally learn:Indices tumble over 1% on weak world cues, revenue reserving It sees little getting modified from 2019, when NDA … Read more
Fairness benchmark indices Sensex and Nifty confronted heavy volatility on Thursday and ended decrease, taking their shedding streak to the fourth straight session, dragged by financial institution shares and overseas fund outflows. Additionally learn:Rupee rises 6 paise to shut at 83.55 towards US greenback Issues over fading fee lower hopes and persisting FII fund exodus … Read more
Indian shares opened decrease on Friday, monitoring Asian friends as sizzling U.S. inflation knowledge eroded hopes of early Federal Reserve charge cuts, whereas the main focus turns to the home earnings season with Tata Consultancy Providers set to report later within the day. Additionally learn:Rupee good points on seemingly greenback inflows, uptick in Asian friends … Read more
Goal: ₹1,948 CMP: ₹1,664.85 Muthoot Finance is in a candy spot, given sturdy development prospects backed by sound fundamentals and sectoral tailwinds. Fundamentals are underscored by confirmed moats of management and better productiveness (AUM per department at ₹14.50 crore vs ₹8 crore for IIFL Finance and a mere ₹5.6 crore for MGFL), steady-state department and … Read more
US markets fall as buyers stay involved in regards to the Federal Reserve’s charge chopping timeline. European markets remained closed for Easter whereas the Indian indices hit document highs. Crude traded larger. #markets #decline #unexpectedly #sturdy #PMI #knowledge #raises #issues #GIFT #Nifty
World markets commerce greater on the final day of the present fiscal 12 months whereas the Japanese Nikkei declined. Crude additionally edged greater amid robust international cues. #markets #marginally #GIFT #Nifty #strongly #inexperienced #buying and selling #day #FY24
Coromandel Worldwide’s inventory confronted appreciable promoting stress in December and January. However since February, it has been charting a sideways pattern between ₹1,035 and ₹1,120. Notably, the downtrend was arrested by the help at ₹1,035. This has been holding properly since August final yr. We count on the inventory to realize traction on the again … Read more