Amber Enterprises India is currently trading at Rs. 5518.65, up by 35.75 points or 0.65% from its previous closing of Rs. 5482.90 on the BSE. The scrip opened at Rs. 5499.95 and has touched a high and low of Rs. 5567.85 and Rs. 5375.00 respectively. So far 7351 shares were traded on the counter. The … Read more
Credit rating agency ICRA has projected the combined capital spending of a sample of 13 major state governments to expand by 13% to Rs 6.5 trillion in FY25. However, this entails a miss, relative to the FY25 Budget Estimate (BE) of Rs 7.2 trillion, following a dull start to the capex in the initial months … Read more
Trident Texofab is currently trading at its upper circuit limit of Rs. 74.89, up by 12.48 points or 20.00% from its previous closing of Rs. 62.41 on the BSE. The scrip opened at Rs. 74.89 and has touched a high and low of Rs. 74.89 and Rs. 74.89 respectively. So far 262299 shares were traded … Read more
Seven out of 10 (70 per cent) Indians consider gold as a safe asset that positively influences their savings habits, a survey report said. According to the Moneyview survey, "over 85 per cent of the 3,000 respondents consider gold a valuable asset for wealth preservation, with its intrinsic value and historical performance continuing to drive … Read more
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday invited industrialists to the state, saying there's never been a better time to invest there. Day after the state Cabinet approved six new policies, Naidu took to X to extend an open invitation to industrialists and investors. "Respected Industrialists & Investors, Andhra Pradesh is now OPEN … Read more
Wipro, India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector. The company's consolidated revenue fell 1% to 223.02 billion rupees ($2.65 billion) in the July-September quarter, but was above analysts average estimate of 222.58 billion rupees, as per LSEG data. … Read more
Home appliances maker Havells India reported a smaller-than-expected rise in second-quarter profit on Thursday, due to lower demand for its air conditioners and fans on account of the monsoon season and higher expenses. Profit rose nearly 10% from a year earlier to 2.73 billion rupees ($32.5 million) for the three months ended Sept. 30, but … Read more
India's Axis Bank reported a bigger-than-expected rise in second-quarter profit on Thursday, helped by higher core lending income on the back of strong credit demand. The country's fourth-largest private lender by market capitalisation said its standalone net profit – which excludes its subsidiaries – rose 18% to 69.18 billion rupees ($823.25 million) for the quarter … Read more
India's Tata Communications reported an 18% growth in its second-quarter revenue on Thursday, helped by steady demand for its digital services. The firm posted revenue of 57.67 billion rupees ($686 million) for the three months ended Sept. 30, as compared to 48.73 billion rupees a year earlier. Tata Communications provides services such as data connections … Read more
The FIIs as per Thursday's data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 15988.91 crore against gross selling of Rs 18552.71 crore. Thus, FIIs stood as net sellers of Rs 2563.80 crore in equities. In the debt … Read more