Torrent Pharma block deal: Promoter likely to offload nearly 3% stake worth ₹3,000 crore, say sources
Shares of Torrent Pharma settled more than 3.3% lower on the NSE, quoting at ₹3,207 apiece.
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Samvat 2081: Forward-thinking approach with long-term mindset key for superior returns
To delve into the intricacies of investment strategies, CNBC-TV18 engaged with prominent investment experts: Vikas Khemani, Founder of Carnelian Asset Management & Advisors; Ravi Dharamshi, Founder & CIO of ValueQuest Investment Advisors; Amit Jeswani, Founder & CIO of Stallion Asset;…
Govt says petrol, diesel prices to reduce in far flung areas due to inter-state freight rationalisation by OMCs
OMCs have hiked the commission paid to petrol pump dealers, though this will not affect retail petrol and diesel prices. Instead, due to the rationalisation of intra-state freight, petrol and diesel prices will decrease in states such as Odisha, Chhattisgarh,…
Prestige Estates Q2 net profit plunges 77.4% on deferred tax impact; revenue up 3%
Prestige Estates’ Q2 net profit plunged 77.4% to ₹192.2 crore due to deferred tax impact, while revenue rose 3% and EBITDA grew 6.5%.
Welspun Enterprises Q2 Results: Net profit jumps nearly 8% YoY; Revenue surges 22%
Shares of Welspun Enterprises fell 4.6% to close at ₹488.10 on Tuesday.
GHCL Q2 Results: Net profit jumps 8.4%, revenue dips 1.6%
The results came after the close of the market hours. Shares of GHCL Ltd ended at ₹558.00, 0.3% higher.
The most quoted stock on the BSE is not MRF anymore!
Shares of the Mumbai-based investment firm soared nearly 50% on the BSE to end the session at ₹2,36,250. In contrast, the stock of MRF closed at ₹1,22,576.50, which is ₹1,13,674 lower than that of Elcid Investments!
V-Mart Retail narrows loss to ₹58 crore in Q2, revenue up 20.3%
V-Mart Retail Ltd on Tuesday reported narrowing down of its net loss to ₹57.99 crore for the September quarter.
Reliance New Energy acquires remaining stake in sodium-ion battery major Faradion
Reliance initially announced its interest in UK-based Faradion in December 2021, with the acquisition valued at £100 million, with RNESL investing £25 million as growth capital in the company.
Honeywell Automation Q2 Results: Net profit falls nearly 6% hurt by tepid demand
Shares of Honeywell Automation closed up 0.3% ahead of its results.