Pidilite Industries posted good bottom-line results for the first quarter of FY 2025. Consolidated net profit jumped by 21 percent to Rs 571 crore from Rs 474 crore in the same period last year. Its net sales rose by 4 percent to Rs 3,384 crore from Rs 3,275 crore in the same period last year. […]
Symphony Ltd announced its buyback programme of up to Rs 71.40 crore and an interim dividend of Rs 1 per share for all eligible shareholders. The buyback price is fixed at ₹2,500 per share, about 71 per cent higher than Tuesday’s closing price. “The Board of Directors has considered and approved the following in their
Symphony Announces Rs 71.4 Crore Buyback and Interim Dividend; Sets Record Date Read More »
Saraswati Saree Depot Ltd has fixed a price band of Rs 152-160 per share for its initial public offering that is scheduled to open for subscription on August 12. It will close on August 14 and the basis of allotment would be finalized on August 16. Refunds are expected to be initiated on August 19
Saraswati Saree Depot Announces IPO Price Range of Rs 152-160 per Share Read More »
The deepest area of the political crisis in Bangladesh is blowing its shockwaves toward the global textile industry. Violent protests and the stepping down of the Prime Minister make many people fear for the future of Bangladesh’s garment sector. This uncertainty has sent Indian textile stocks surging. Stocks of Gokaldas Exports, Century Enka, and SP
Bangladesh Crisis Sparks 20% Rally in Indian Textile Stocks Read More »
Billionaire Anil Agarwal’s Vedanta Ltd has reported a 36.5 percent increase in consolidated net profit for the quarter ending June 30, 2024. The company’s net profit surged to Rs 3,606 crore from Rs 2,640 crore in the same period last year, largely driven by elevated prices of zinc, lead, copper, and nickel. Revenue and EBITDA
Vedanta Q1 Profit Jumps 36.5% to Rs 3,606 Crore on Strong Commodity Prices Read More »
Recent global market sell-off can be attributed mainly to the sharp fluctuations in the Japanese Yen. The yen was at 165 Yen per USD two weeks ago. For over more than 30 years now, Japan has maintained zero interest rates on even loans, thereby encouraging many financial institutions around the world to borrow heavily from
Global Market Sell-Off Driven by Japanese Yen Fluctuations Read More »
Jio Financial Services Ltd. has introduced the JioFinance app in Paris, allowing Indian travelers to make digital payments at selected tourist attractions in the city. This launch coincides with the Paris Olympics, making Paris a prime destination for global sports enthusiasts. Visitors from India to France can now buy tickets to the Eiffel Tower from
Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris Read More »
The shares of V-Mart Retail surged over 14% to touch the level of 52 weeks high at ₹ 3,299 on August 6, after the company delivered a strong performance in the quarter ended June, ahead of the market expectations. At 10 am, V-Mart Retail was trading its shares in the NSE at the rate of
V-Mart Retail Shares Surge 14% on Strong Q1 Earnings Read More »
Tokyo stocks surged more than 10 percent on Tuesday, rebounding from a record selling the previous day, prompted by concerns over the US economy and the stronger yen. The benchmark Nikkei 225 index gained 10.33 percent to 34,707.78, adding 3,249.36 points in the process. The broader Topix gained 228.49 points to 2,455.64, up by 10.26
Tokyo Stocks Rebound Over 10% After Historic Drop Read More »
Foreign portfolio investors from Japan account for a substantial presence, with their investments amounting to Rs 2.06 lakh crore or close to 3% of the total FPI exposure in Indian equities. NSDL data showed that, as of June, total AUC of Japanese FPIs stood at Rs2.17 lakh crore, of which equities accounted for Rs 2.06
Japanese Investors Hold Rs 2.06 Lakh Crore in Indian Stocks Read More »
