On Tuesday, the benchmark indices were trading in the red with the Sensex down around 210 points or 0.30% at 73,785, while the Nifty-50 was down around 45 points or 0.20% at 22,458. About 1,528 shares have advanced; 1,749 declined and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On May 17, 2024, the Nifty 50 rose 0.28% and closed at 22,466, and the Sensex went up by 0.34%, closing at 73,917. Top Gainers and Losers On the sectoral front, Nifty Consumer Durables, Nifty Auto, Nifty Realty and Nifty Metal ended in the green. Meanwhile, Nifty IT, Nifty Healthcare Index, and Nifty Pharma were …
Godrej Industries Limited (GIL) announced its Q4 results today. These financial results were prepared following the Indian Accounting Standards (IND AS) and included a detailed review of the company’s assets, liabilities, and cash flow statements. Consolidated Financial Results The financial performance of the company in the current year has seen a decline across key metrics …
Rail Vikas Nigam Limited (RVNL) has announced its Q4FY24 results today. According to the consolidated financial statements, RVNL and its subsidiaries reported a significant increase in revenue and profitability, reflecting strong operational efficiency and effective management. Financial Performance The revenue increased by 17.2% to Rs.6,714 crore from Rs.5,720 crore. EBITDA rose 21.6% to Rs.456 crore …
India’s maritime sector is a critical facilitator of international trade. However, with cargo volumes on a continuous rise, existing port capacity is nearing its limits. To address this challenge, the government is actively promoting the development of greenfield ports – entirely new port projects built on undeveloped land. This strategy aims to not only increase …
The Indian government has set its sights on significantly boosting rooftop solar installations across the country, with a particular focus on the residential sector. The recently launched PM-Surya Ghar: Muft Bijli Yojana (PM-SGB MY) scheme offers a compelling incentive – free electricity up to 300 units per month – for up to 10 million households …
One of the most important aspects of infrastructure is power, which is essential for national welfare and economic progress. For the Indian economy to grow steadily, a suitable electricity infrastructure must be developed, and one is being developed. India has one of the world’s most diverse electricity industries. Power generation can come from various sources, …
Bandhan Bank’s Q4FY24 results were announced today and it showcased a significant decline in net profit due to substantial loan write-offs, despite an improvement in net interest income (NII). The bank reported a net profit of Rs.55 crore, marking a steep 94% drop from Rs.876 crore in the same quarter of the previous year. This …
In the current trading session, benchmark indices are trading positively, with the Sensex up by 0.38% and the Nifty gaining 0.33%. Nifty Auto, Nifty Metal, and Nifty Realty are the leading sectors in positive territory, while Nifty IT and Nifty Pharma are among the top losers. M&M, JSW Steel, and Ultratech Cement are among the …
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group, The Steel company has reported its Q4 FY 2023-24 earnings today after market hours. Q4 Performance of JSW Steel The Steel Giant has reported below market estimates net profits for this quarter, The next …
