Suvankar Sen, MD & CEO of Senco Gold said that a reduction in gold duty in August encouraged customers to start buying early, increasing visits to their stores and kicking off purchases for the upcoming wedding season.
Spandana Sphoorty reported a net loss of ₹204 crore in Q2FY25, driven by a sharp rise in gross NPAs and provisions. AUM grew 7.7% YoY to ₹10,537 crore, while disbursements fell 40% as borrower stress mounted.
Pfizer India Q2 Results | The EBITDA margin stood at 32.2% in the reporting quarter versus 31.7% in Q2 of the previous fiscal. Shares of Pfizer Ltd ended at ₹5,261.45, down by ₹47.25, or 0.89%, on the BSE.
Tamilnad Mercantile Bank has recorded impressive financial results for Q2 FY25, achieving its highest-ever net profit of ₹303 crore. The bank also reported a record net interest income of ₹596 crore and total interest income of ₹1,337 crore.
stocks to watch, Bharti Airtel, LIC Housing Finance, Federal Bank, Indraprastha Gas, JSW Infrastructure, Suzlon Energy, Tata Technologies, Gillette India, Ajanta Pharma and more, these are the stocks to watch for today.
The IPO will open for bids from Nov. 6, and the shares are expected to start trading from Nov. 13, according to the people, who asked not to be identified as the information is not public.
Tata Technologies Q2 Results | EBITDA was up 10% YoY to ₹235.6 crore in the second quarter of this fiscal over ₹214.4 crore. Shares of Tata Technologies Ltd ended at ₹999.80, down by ₹12.45, or 1.23%, on the BSE.
LIC Housing Finance reported a 12% year-on-year rise in Q2 net profit to ₹1,328.89 crore, driven by steady growth in home loans and a significant increase in project loan disbursements.
JSW Infra Q2 Results | EBITDA jumped 48% to ₹675.7 crore over ₹456.7 crore in the year-ago period. Shares of JSW Infrastructure Ltd ended at ₹287.50, up by ₹6.20, or 2.20%, on the BSE.
Gillette India’s Q1 profit surged 43.5% to ₹133 crore, driven by strong grooming product demand and rural growth. Core grooming revenue rose 23%, while ad expenses increased to boost market presence.