Lisl News Desk - Lakshmishree News

China’s Q3 GDP Grows 4.6%, Exceeds Expectations Amid Economic Stimulus Push

China’s economy grew by 4.6% in the third quarter of 2024 compared to the same period last year, according to official data released on Friday. The growth rate slightly surpassed analysts’ expectations of 4.5% but showed a slowdown from the 4.7% expansion in the previous quarter. The third-quarter figures come as the government ramps up […]

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Axis Bank Q2 FY25 Results: Net Profit Climbs 18% YoY to ₹6,918 Crore

Lisl News Desk / Results

Axis Bank posted an 18% year-on-year increase in net profit for Q2 FY25, amounting to ₹6,918 crore, up from ₹5,864 crore in the corresponding period last year. The rise was supported by higher core lending income, reflecting strong credit demand during the quarter. The private lender’s net interest income grew nearly 10% to ₹13,533 crore,

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Wipro Q2 FY25 Results: Net Profit Surges 21% to ₹3,209 Crore; 1:1 Bonus Share Announced

Lisl News Desk / Indian Market

Wipro announced a 21% rise in net profit for Q2 FY25, reaching ₹3,209 crore, compared to ₹2,646 crore in the same quarter last year. The IT services giant also declared a 1:1 bonus share issue, rewarding shareholders amid a challenging market environment. Revenue for the July-September quarter declined slightly by 1% year-on-year to ₹22,302 crore,

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Infosys Q2 FY25 Results: Net Profit Rises to ₹6,506 Crore, Misses Estimates

Lisl News Desk / Results

Infosys reported a 2.2% increase in net profit for Q2 FY25, reaching ₹6,506 crore, up from ₹6,368 crore in the previous quarter. The company’s revenue for the July-September period grew by 4.2% sequentially to ₹40,986 crore. Despite the growth, the results fell short of market expectations, with a Moneycontrol poll predicting net profit at ₹6,769

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Nestlé India Q2 FY25 Results: Net Profit Dips to ₹899 Crore, Revenue Up 1.3%

Lisl News Desk / Results

Nestlé India’s net profit for Q2 FY25 dropped slightly to ₹899 crore from ₹908 crore a year ago. Revenue increased by 1.3% to ₹5,104 crore, compared to ₹5,037 crore in the same period last year. The company faced high commodity prices, particularly in coffee and cocoa, impacting key brands. Despite this, five of the top

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Akums Drugs Partners with Canadian Firm Triple Hair for Exclusive Product Development in India

Lisl News Desk / Indian Market

Akums Drugs and Pharmaceuticals announced on Wednesday that it has signed a licensing agreement with Canada-based Triple Hair Inc. Under the agreement, Akums has been granted exclusive rights to further develop and market Triple Hair’s recently innovated products in India. The company will then go ahead with development and commercialization upon receipt of the required

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Railtel Shares Surge 10% Following Rs 80 Crore Order from MHADA

Lisl News Desk / Indian Market

Shares of Railtel Corporation of India surged 10 percent to Rs 449 on October 16 after the company secured a Rs 79.8 crore order from the Maharashtra Housing And Area Development Authority (MHADA). The contract involves establishing, migrating, and managing cloud-based data centers and disaster recovery sites for MHADA. The company’s stock had declined by

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RVNL Shares in Focus After Securing Rs 270 Crore Metro Rail Project

Lisl News Desk / Indian Market

Rail Vikas Nigam Ltd (RVNL) shares are in the spotlight on October 17, following the company’s successful bid for a Rs 270 crore project from Maharashtra Metro Rail Corporation. The contract entails constructing 10 elevated metro stations within a 30-month timeframe from the contract award date. The project includes seven elevated stations in Reach 3A—Hingna

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Ircon International signed MoU with Patel Engineering for Infrastructure Projects

Lisl News Desk / Indian Market

Ircon International’s stock is drawing attention as the company signed a Memorandum of Understanding (MoU) with Patel Engineering Limited. The partnership aims to collaborate on and jointly execute infrastructure projects in India and overseas. The agreement is set to enhance both companies’ business prospects by exploring new infrastructure opportunities. Additionally, the stock is in focus

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Author name: Lisl News Desk