HUDCO shares rally after Q2 profit surges to ₹689 crore, NII grows 27%

HUDCO shares settled 7.08% higher at ₹218.50. The stock has risen over 69% so far in 2024, while over a 12-month period, the stock has gained 192%.

HUDCO shares settled 7.08% higher at ₹218.50. The stock has risen over 69% so far in 2024, while over a 12-month period, the stock has gained 192%.

Mahindra Manulife’s focus on consumer staples reflects larger trends in India’s market as it adjusts to shifts in consumer habits.

With plans to expand to 100 stores by the end of 2025, Novel Jewels is focused on growth and innovation, driven largely by the market’s ongoing shift towards formalisation.

Revenue grows to ₹2,746 crore as rural demand outpaces urban; Parachute Coconut Oil and international business lead growth.

As Diwali approaches, leading brokerages spotlight their top stock picks. Key players like RIL and SBI emerge as favourites, offering growth opportunities for investors this festive season.

Cipla’s North America sales stood at $237 million, up 4% year-on-year supported by traction in differentiated portfolio, during the July-September period.

The Nifty PSU Bank index has also been the top sectoral gainer for two days in a row, as earnings from lenders like Indian Bank and Canara Bank, who reported better asset quality on a sequential basis, has improved sentiments…

The Nifty PSU Bank index gained over 3% for the second consecutive day, with State Bank of India (SBI) jumping more than 5%.

The company’s cost-to-income ratio stood at 53.4%, down by 375 basis points (bps) YoY but up 449 bps from the previous quarter.

The centrepiece of the collaboration is a state-of-the-art integrated steel plant with an initial capacity of 5 million tonnes per annum (MTPA). This plant is expected to address the growing demand for steel in India, which is accelerating at a…