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Tata Communications Q4 Profit Slips 1.5%, Revenue Up 24.6%; Dividend Announced

Tata Communications on Wednesday reported fourth-quarter (Q4) results for the financial year 2023-24. The company's consolidated net profit soared over sevenfold sequentially, reaching Rs 321 crore. This remarkable surge in profit was buoyed by a 1.8 percent quarter-on-quarter increase in total ...

Equity Mutual Fund Inflows Decline 16% as Debt Funds Experience Outflows

The mutual fund (MF) industry experienced shifts in investor sentiment, as indicated by data released by the Association of Mutual Funds of India (AMFI) in March 2024. Equity mutual funds saw a notable 16% drop in inflows compared to the previous ...

Mphasis Launches DeepInsights Doc AI, Shares Decline 2%

Mphasis shares price today plunged 2% on the BSE after unveiling its latest innovation, Deep Insights Doc AI, an intelligent document processing solution powered by generative AI. This announcement, made on Thursday, marks a significant advancement in the realm of document ...

Small Cap Metal Stock Bags Orders Worth Rs 555 Crore, Shares Zoom 356% In 1-Year

Man Industries (India) Limited on Thursday surged in its shares, climbing by 3% after the announcement of a substantial new order valued at approximately Rs 555 crore. The company revealed this significant development through a regulatory filing, expressing satisfaction with securing ...

Rs 7.92/Share Dividend: Multibagger PSU Defence Stock Declines 11.58% In 2-Weeks

Mid cap shipping sector company Garden Reach Shipbuilders & Engineers (GRSE) shares rallied 3.23% in trade today after the company's Board of Directors declared quarterly earnings and approved an interim dividend of Rs 7.92 per share of the face value of ...

Chinese Industrial Giants Navigate Challenges As 2023 Profits Dip Amid Global Economic Uncertainties

Large-scale Chinese industrial companies experienced a 2.3% decline in profits in 2023 marked by falling prices and weakened demand both domestically and internationally, according to data released by the National Bureau of Statistics. This downturn reflects a broader trend of corporate ...

Two-Wheeler Auto Maker TVS Motors Registers A 68% Surge In Q3FY24 Net Profit

TVS Motor, one of India's leading two-wheeler manufacturers, has reported a standalone net profit of Rs 593 crore for the quarter ending December 2023. This marks a 68% increase compared to the Rs 352 crore recorded in the same period the ...

Jio Platforms Q3 Profit Jumps 11.6%, ARPU Flat Sequentially

Jio Platforms reported an 11.6% increase in consolidated net profit for the December quarter, with a gross revenue of Rs 32,510 crore. Despite robust subscriber additions, the average revenue per user (ARPU) remained flat sequentially....

Multibagger Power Sector Penny Stock Hits Upper Circuit, Q2 Profit Soars 377%

Multibagger penny stock priced below Rs 20 Jyoti Structures Ltd hit 2% upper circuit and traded fresh 52-week high on December 1, 2023. The company declared attractive quarterly results on November 9, 2023. Jyoti Structures declared net profit for the quarter ...

Market At Close: Market Ends With Healthy Gains, Nifty Hits Record High Intraday

The Indian stock market witnessed a rally as Nifty 50 and Sensex closed on a high note. The Nifty 50 scaled an unprecedented record high after 51 sessions, closing above the 20,200 mark. Meanwhile, Sensex surged by an impressive 493 points, ...

Market At Close: Market Rally Continues, Nifty Ends Above 20,100, Nifty Bank Snaps 4-Day Winning Streak

The Indian stock market showcased resilience and closed largely in the green today, with the Nifty 50 reclaiming the 20,100 mark. The Sensex recorded a rise of 87 points, reaching 66,988, signaling a positive sentiment among investors. The Nifty 50 managed ...

Market At Close: Sensex Surges Above 66,900, Nifty Briefly Reclaims 20,100 Mark; Midcap Index Hits Record High

The Sensex and Nifty 50 showcased remarkable strength, closing over 1% higher, fuelled by robust performances from HDFC Bank and Axis Bank. Investors witnessed a continued upward trajectory, building on Tuesday's gains, with the Nifty briefly reclaiming the 20,100 mark intraday. ...

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