Top Indian companies reported their weakest quarterly earnings since 2020, fuelling fears of an economic slowdown affecting markets, with over half of Nifty 50 companies missing analysts’ estimates, Reuters reported. But with weather disruptions now behind, the second half could…
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RBI introduces operational framework for reclassifying foreign portfolio investments as foreign direct investment if holdings exceed the permissible limit, effective immediately.
Shares of Shree Cement Ltd ended at ₹24,389.75, up by ₹162.15, or 0.66% on the BSE.
UPL’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) remained unchanged from the year-ago period at ₹1,576 crore, while EBITDA margin narrowed to 14.2% from 15.5% last year.
The Supreme Court on Monday dismissed SEBI’s appeal against the SAT’s ruling to quash penalties on Mukesh Ambani over alleged manipulation of Reliance Petroleum stock in 2007.
Bajaj Consumer Care’s Q2 FY25 results reveal flat revenue with an 11% drop in EBITDA and shrinking margins, reflecting a challenging quarter for the company’s profitability.
Shares of Balrampur Chini Mills Ltd ended at ₹584.35, down by ₹9.05, or 1.53% on the BSE.
Along with the bonus issue of shares, KPI Green had also split one equity share which carried a face value of ₹10 each into two shares, which now carry a face value of ₹5 each earlier this year.
Biocon Ltd shares jumped 8.4% on Monday after receiving a ‘Voluntary Action Indicated’ status from the USFDA for its Bengaluru unit, confirming the facility meets global Quality and Compliance standards.