Shares of International Gemmological Institute (IGI) hit the 5 percent upper circuit on Monday after the Blackstone-backed company reported a strong set of financial results for the first quarter of the calendar year 2025. The company posted a 12 percent rise in consolidated net profit to ₹141 crore, up from ₹126 crore in the same […]
YES Bank posted a strong 63.7 percent year-on-year growth in net profit to Rs 738.12 crore for the fourth quarter ending March 31, 2025. In the same quarter last year, the bank had reported a profit of Rs 451.9 crore. The rise in profit was helped by better interest income, lower provisions, and improvement in
YES Bank Q4 Results: Net Profit Jumps 63% to Rs 738 Crore, Asset Quality Improves Read More »
HDFC Bank, India’s biggest private sector bank, reported a 6.7 percent rise in standalone net profit to Rs 17,616 crore for the fourth quarter of FY25. The profit beat market estimates, as analysts had expected a profit of Rs 17,072 crore according to a Moneycontrol survey. On a quarter-on-quarter basis, the net profit grew by
HDFC Bank Q4 Results: Net Profit Rises to Rs 17,616 Crore, Dividend of Rs 22 Announced Read More »
fIndia has set a big goal to increase its defence exports to Rs 50,000 crore by 2029-30, Defence Minister Rajnath Singh announced on Friday. Speaking to industry leaders, Singh said that India’s defence exports have already seen strong growth, rising from just Rs 600 crore in 2014 to Rs 24,000 crore today. The Defence Minister
India Sets Target of Rs 50,000 Crore Defence Exports by 2030, Says Rajnath Singh Read More »
HDFC Life Insurance announced its fourth quarter results for FY25 on April 17, showing a 16 percent increase in net profit. The company reported a net profit of Rs 477 crore, up from Rs 412 crore in the same quarter last year. The company’s net premium income for the quarter stood at Rs 23,766 crore,
HDFC Life Q4 Results: Net Profit Rises 16%, Dividend of Rs 2.1 per Share Announced Read More »
Infosys Ltd, India’s second-largest IT services company, reported a 12 percent year-on-year drop in its net profit for the fourth quarter of FY25. The company posted a net profit of Rs 7,033 crore, which is lower than the analysts’ expectation of Rs 7,278 crore. However, on a quarter-on-quarter basis, the company’s net profit rose by
Gold prices touched another all-time high as global trade tensions and comments from US Federal Reserve Chief Jerome Powell increased demand for safe-haven assets. On Thursday, gold rose as much as 0.4 percent to reach $3,357.78 per ounce before giving up some gains. This strong move followed a sharp 3.5 percent jump in gold prices
Gold Prices Hit Fresh Record High as Global Trade War Fears Boost Safe-Haven Demand Read More »
Gold prices in India made a new record on April 16, with MCX gold crossing the Rs 95,000 mark for the first time ever. The price touched Rs 95,066 per 10 grams before settling at Rs 95,000 around 1:04 pm, which was 1.66 percent higher for the day. This big rise in gold prices is
Shares of Indian Renewable Energy Development Agency (IREDA) opened nearly 7 percent higher on April 16 after the company posted strong financial results for the March 2025 quarter. The company’s net profit rose sharply by 49 percent to Rs 501.55 crore, compared to Rs 337.39 crore in the same quarter last year. The solid growth
IREDA Shares Climb 7% After Strong Q4 Results; Net Profit Jumps 49% in March Quarter Read More »
Shares of Gensol Engineering Ltd (GEL) are likely to stay in focus on April 16 after market regulator SEBI passed a strict interim order against the company and its promoters. The action was taken due to serious concerns about misuse of funds and wrong information being given to investors. SEBI has barred GEL promoters Anmol
