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Posted on: October 23rd, 2023 and is filed under Stock News.

Possibility of unlocking Future Growth: Investing in AI-Based Mutual Funds

In today’s dynamic financial landscape, staying ahead of the curve is paramount. That’s why considering investing in an AI-based (Artificial Intelligence) mutual fund could be a game-changer for your investment portfolio. As AI continues to revolutionize industries across…

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Posted on: November 11th, 2013 and is filed under Stock News.

Reliance Infra Q2 net profit slips 16.44% to Rs 346 cr

Reliance Infrastructure ‘s second quarter standalone net profit fell 16.44 percent year-on-year to Rs 346 crore on lower revenues. Standalone total income from operations dropped 19 percent Y-o-Y to Rs 2,832 crore in three-month period ended September 2013, dented by EPC and contrac…

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Posted on: July 19th, 2013 and is filed under Stock News.

India’s Reliance Industries Q1 profit up 19%

MUMBAI, Maharashtra (AFP) – Reliance Industries, India’s largest private firm, on Friday reported a 19 percent rise in quarterly net profit, beating estimates as better margins from refining offset lower natural gas output. The energy giant, controlled by India’s wealthies…

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Posted on: April 27th, 2013 and is filed under Stock News.

Maruti in top gear with 80% surge in net profit

Despite a slowdown in the domestic automobile industry, Maruti Suzuki India Limited (MSIL) recorded its highest-ever quarterly profit of Rs 1,147.5 crore for the quarter ended March. Before this, its highest quarterly profit was Rs 688 crore, recorded in the third quarter of 2009-10. Fo…

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Posted on: January 11th, 2013 and is filed under Stock News.

Street sees Tata Steel profits doubling in FY14

Higher volumes, led by recent expansion, cost rationalisation and better realisations from domestic operations, to aid revival With metal prices low and demand sluggish, talk of a revival in the fortunes of a steel behemoth such as Tata Steel may seem far-fetched. However, the Street be…

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Posted on: November 16th, 2012 and is filed under Stock News.

Rakesh Jhunjhunwala bets big on ‘Dark Horse’ Geometric Ltd

MUMBAI: A stone’s throw from the Mumbai headquarters of India’s largest software exporter Tata Consultancy ServicesBSE -2.23 % is the office of the CEO of Geometric LtdBSE -1.65 %, on which maverick investor Rakesh Jhunjhunwala is betting big, for reasons clear only to him. …

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Posted on: November 12th, 2012 and is filed under Stock News.

United Spirits jumps 35% on Stake sale to Diageo

Uited Spirits posted its biggest single-day share gain since at least 1995 on Monday after its stake sale to Diageo spurred upgrades from several analysts, who called the deal “transformational” and a “game changer” for the Indian liquor maker. Morgan Stanley, J.P…

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Posted on: October 22nd, 2012 and is filed under Stock News.

HDFC Q2 net up 19% at Rs 1,151 cr

Mortgage firm HDFC today reported 19% increase in net profit at Rs 1,151.12 crore for the second quarter ended September 30. Housing Development Finance Corporation (HDFC) had posted net profit of Rs 970.70 crore for the July-September quarter of the previous fiscal. The company’s…

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Posted on: October 10th, 2011 and is filed under Stock News.

Sun TV plunges on CBI raid reports

Sun TV Network has plunged almost 10% to Rs 235 in opening deals on reports that the Central Bureau of Investigation (CBI) filed an FIR against former telecom minister Dayanidhi Maran, his brother Kalanidhi Maran and two others in connection with the controversial Aircel-Maxis deal. Foll…

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Posted on: January 3rd, 2011 and is filed under Stock News.

MOIL to replace Koutons in BSE 500

The Bombay Stock Exchange said on Monday it has added MOIL Ltd and Jubilant Lifesciences to the BSE-500 index while removing Gati Ltd and Koutons. It has removed 12 companies from the BSE Mid-Cap index and added 22 companies to it including SKS Microfinance, A2Z Maintenance and ABG Shipy…

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