Honasa Consumer, the parent company of Mamaearth, reported its first quarterly loss in five quarters, putting its shares in the spotlight for November 18. The company recorded a net loss of ₹19 crore for the July-September 2024 quarter, compared to a profit of ₹29 crore in the same period last year. Revenue fell 7% year-on-year […]
Honasa Consumer Posts First Loss in Five Quarters Read More »
Ola Electric shares surged 20% to the upper circuit high of ₹91.20 on the NSE. This steep rise came after a lackluster initial listing; shares of the company debuted at ₹76, par below the IPO issue price, testing the patience of some investors.The long-anticipated ₹6,146-crore IPO of Ola Electric closed on 6 August and was
Ola Electric Shares Surge 20% to Hit Upper Circuit After Lackluster Listing 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 »
Finance Minister Nirmala Sitharaman announced substantial provisions for the agriculture and allied sectors in the 2024 budget, focusing on infrastructure, research, and farmer support. A provision of ₹1.52 lakh crore has been allocated for the agriculture and allied sectors. To enhance agricultural research, 10,000 bio-research centers will be established nationwide. Over the next two years,
Budget 2024 Highlights: Major Boost for Agriculture in 2024 Budget Read More »
