HUL share tanks 2% on decline in Q4 profit
Analysts at brokerage firm Motilal Oswal gave a 'BUY' rating with a revised target price of ₹2,900 per share.
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April 2024
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Wipro shares rise 3% after Q4 beat estimates
Despite beating analysts' estimates, in the March quarter of FY24, the company’s consolidated net profit declined by 8% to ₹2,385 crore, as against ₹3,074 crore in the corresponding period last year.
VST Industries shares surge 3% in weak broader market; here's why
Ace investor and D-Mart founder and chairman Radhakishna Damani reportedly bought an additional 1.51% stake or 2.33 lakh shares of the company on April 15.
Vodafone Idea shares fall 4% ahead of ₹18,000-cr FPO
The beleaguered telecom operator plans to use ₹12,750 crore from the FPO to purchase equipment to expand its 4G and 5G network as well as existing capacities.
Jupiter Wagons shares jump 4% on bagging ₹271 cr order
Jupiter Wagons plans to invest an additional ₹1,000 crore over the next two years.
Torrent Power shares surge 8% on winning ₹3,650 cr solar project
The company says that the project will be commissioned within 24 months from the power purchase agreement (PPA).
IIFL Finance shares surge 10% after Fairfax commits $200 mn liquidity support
Fairfax India Holdings Corporation announced its commitment to provide liquidity support worth $200 million to the company, amidst the Reserve Bank of India's (RBI) ban on issuing gold loans.
NSE Q2 consolidated profit rises 13% to ₹1,999 cr; revenue up 24%
On a standalone basis, the net profit was up 2% YoY at ₹1,562 crore in Q2 FY24, while total operating income grew 22% to ₹3,386 crore.
Meet the Small Cap Czar of India who redefined Value Investing
Let’s see how Manish Goel, a value investor, commenced his value investing journey and became one of the leading small cap investor in the country.
NSE issues guidelines for action against brokers for misuse of client funds
The NSE said that in the recent past, the exchange has observed instances of misuse of client funds during its inspections as well as in the alerts generated under offsite supervision.
