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DCB Bank Reports 15% Profit Increase in FY 2024, Share Price Surges 10%

DCB Bank Reports 15% Profit Increase in FY 2024, Share Price Surges 10%

24 April 2024

On April 24, 2024, DCB Bank announced its FY 2024 financial results in which the bank reported a growth of 15% in its profit after tax, touching ₹536 crore in FY 2024. DCB Bank’s total income in FY 2024 was ₹2,402 crore. DCB Bank reported a profit after tax (PAT) of ₹536 crore in FY …

RBI Bars Kotak Mahindra Bank For Digital Onboarding and Credit Card Issuance

RBI Bars Kotak Mahindra Bank For Digital Onboarding and Credit Card Issuance

24 April 2024

On April 24, 2024, the Reserve Bank of India (RBI) took corrective action against Kotak Mahindra Bank due to concerns identified during IT examinations conducted in 2022 and 2023. The bank’s failure to adequately address these concerns further amplified them. The action was taken under Section 35A of the Banking Regulation Act 1949. Reasons for …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

24 April 2024

These three equities gained significantly with price and volume activity during Wednesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. NMDC Ltd NMDC Ltd is currently showcasing strong market activity, trading at Rs 247.75 after reaching a high of Rs 249.15 during the day. The volume of shares traded today stands at 32,168,850, …

Cyient DLM Reports 92.9% Growth in FY 2024 PAT, Share Price Up by 5.61%

Cyient DLM Reports 92.9% Growth in FY 2024 PAT, Share Price Up by 5.61%

24 April 2024

On April 23, 2024, Cyient DLM released its financial results for the quarter ending March 31, 2024. The company has shown robust growth, with an increase of 92.9% in Profit After Tax (PAT). Cyient DLM reported a revenue of ₹362 crore in Q4 FY 2024, with QoQ growth of 12.7% and YoY growth of 30.5%. …

Organic Recycling System Limited (ORS) Bolsters Business Operation: Signed MoU With HGF

Organic Recycling System Limited (ORS) Bolsters Business Operation: Signed MoU With HGF

24 April 2024

On April 24, 2024, Organic Recycling System Limited (ORS), a pioneering engineering firm specialising in waste valorisation and management, offering solutions to convert waste into green energy and renewable resources, entered into a Memorandum of Understanding (MoU) with High-Grade Farms, Inc. (HGF), a pioneering company and a leading-edge technology solutions company based in Canada, offering …

Bharti Airtel Expands Network to Leh and Ladakh

Bharti Airtel Expands Network to Leh and Ladakh

24 April 2024

On April 24, 2024, Bharti Airtel Limited informed the stock exchanges about the expansion of its network across the picturesque regions of Leh and Ladakh. This development comes just in time for the upcoming travel season, encouraging travellers to enjoy unlimited 5G service across the region. Airtel’s network footprint now contains more than 40 zones …

Technical Picks to Keep an Eye On: Equitas Small Finance Bank and Apollo Tyres

Technical Picks to Keep an Eye On: Equitas Small Finance Bank and Apollo Tyres

24 April 2024

Equitas Small Finance Bank and Apollo Tyres are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, potential to bounce back and breakout. Currently trading at Rs 99.75 and Rs 488.30 respectively, their price aligns with positive signals from technical indicators like …

Investors Still Confused Over IREDA: Know What Are The Market Expectations?

Investors Still Confused Over IREDA: Know What Are The Market Expectations?

24 April 2024

PSU Energy Stock, IREDA has turned out to be a multi-bagger with the issue offer coming at Rs.32 in November month last year, The stock has given multi-bagger returns of around 426.6% from the issue price and currently trades at Rs.168 a piece as on 24th April,2024. How Has The Stock Played? After its listing …

Zydus Lifesciences Falls Drastically After USFDA Observations In The Vadodara Facility

Zydus Lifesciences Falls Drastically After USFDA Observations In The Vadodara Facility

24 April 2024

Zydus Lifesciences Limited, previously named Cadila Healthcare Limited, is an Indian pharmaceutical giant based in Ahmedabad, Gujarat. It focuses predominantly on producing, marketing and selling a wide variety of generic drugs. This listed company has a market cap of around Rs.96,553.18 cr. In the third quarter of fiscal year 2024, the pharmaceutical company recorded a …

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

24 April 2024

On April 23, 2024, Shakti Pumps (India) Limited informed in an exchange filing that the company had invested ₹5,08,00,000 (Rupees Five Crores and Eight Lacs Only) in its wholly owned subsidiary, Shakti EV Mobility Private Limited. Details of the Investment Shakti Pumps (India) Limited, a manufacturer of pumps and motors, has invested ₹5.08 crore in …

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