India’s upcoming festive season and the rising trend of destination weddings are boosting demand for silver and gemstone jewellery, industry experts told CNBC-TV18. With gold prices remaining high, consumers are increasingly choosing silver for its affordability and evolving designs. Krishna…
MOFSL clarified that the acquisition is not a related party transaction and has been executed at arm’s length. However, the promoter and promoter group of MOFSL are existing shareholders in Zepto, holding 48,720 CCPS of various series. Shares of Motilal…
Gross non-performing assets (GNPA) stood at 3.46% in the June quarter against 3.08% in the March quarter. Net NPA came at 1.44% against 1.31% quarter-on-quarter. Shares of Karnataka Bank Ltd ended marginally higher at ₹172.30 on the BSE today (August…
India’s largest iron ore miner’s revenue surged 24.5% to ₹6,739 crore against ₹5,414 crore in the year-ago quarter. The CNBC-TV18 poll had predicted a revenue of ₹6,575 crore. Shares of NMDC Ltd ended at ₹70.90, up by ₹0.25 or 0.35%,…
Shares of Allcargo Logistics ended 0.3% higher at ₹35.68 on the BSE. The stock has fallen 29.5% so far this year.
Nazara Technologies’ Q1 profit more than doubled to ₹51.34 crore on strong revenue growth. The Board cleared a stock split, bonus issue, and key boardroom changes.
The EBITDA margin expanded to 24.4% in the April-June quarter versus 20.85% in the year-ago period, well over the CNBC TV18 poll’s estimate of 21.05%. Shares of Jindal Steel Ltd ended at ₹995.60, up by ₹5.30, or 0.54%, on the…
Shares of Rashtriya Chemicals and Fertilizers Ltd ended at ₹145.65, down by ₹1.85 or 1.25% on the BSE today (August 12). The company’s revenue from operations tanked 23.2% to ₹3,370.5 crore from ₹4,396 crore on a YoY basis.
Nagaraj Shetti of HDFC Securities said the short term uptrend that resumed after a sharp upmove of Monday remains intact and he expects buying to emerge from near the supports of 24,300-24,400 levels in the coming sessions. Hence, one may…
At the operating level, EBITDA climbed 35.7% to ₹241.3 crore over ₹177.8 crore last year, while the EBITDA margin fell 50 bps to 22.5% versus 23% in Q1FY25. Shares of Cochin Shipyard Ltd ended at ₹1,667.90, up by ₹6.90 or 0.42%,…