Finance news
Kotak Mahindra Bank has announced an impressive 26% year-on-year increase in consolidated profit after tax for the second quarter, highlighting strong financial performance. Their standalone profit after tax surged by 29
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at 22,600. The Bank Nifty fell 2.8%, while the Nifty Midcap 100 and Nifty S
In recent developments, Bitcoin has dropped to roughly $80,685, while Ethereum hovers around $2,370 due to various market influences. Major altcoins such as XRP and Dogecoin have also experienced dips, some decreasing by
Value-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fluctuated with a dip noted in September and October, with expectations for improve
During this period, around 123 stocks in the BSE 500 index declined in each of the five sessions. Of these, we identified 13 stocks that fell between 15% and 25% over the same period. (Data Source: ACE Equity)"
Ellis compares investing with tennis to explain why many investors struggle to outperform the market. In amateur tennis, the winner is often the player who makes fewer unforced errors rather than the one who produces spe
The issue, which closed for subscription on October 23, received an overwhelming response from investors, with the overall subscription reaching 22.19 times the shares on offer. The offering has also become India’s large
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs. It was fully subscribed wi
In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24
The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23
Net premium income rose to Rs 14,788 crore
For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year
Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
The hike in royalty payments to parent Unilever are likely to adversely impact HUL#39;s EBITDA margins, say experts
A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore
Jewellers report steady footfall in Kochi and Kozhikode while buyers compare 22K rates before making larger purchases.
Short-duration deposits remain popular with households balancing liquidity, tax impact and rate uncertainty.
Analysts expect stronger retail participation if pricing remains disciplined and market volatility cools.