Uncategorized

Shares of the lender fell about 1% on the BSE after the earnings announcement.

Revenue for the quarter increased by 11.4% on a year-on-year basis to ₹3,417 crore from ₹3,087 crore last year. The topline was marginally lower than our poll Of ₹3,465 crore.

Sachin Jain, MD of World Gold Council said that Indian households collectively hold about 25,000 tonne of gold, making it one of the largest private holdings globally.

The new insulin medicine will be sold with Civica’s branding across the US except for Californa where it will be sold under CalRx brand. Civica will also handle all US sales, promotion, and distribution, according to the announcement. 

The company’s revenue from operations surged 26.4% to ₹1,265.6 crore as against ₹1,001.4 crore in the corresponding period of the preceding fiscal. Shares of JSW Infrastructure Ltd ended at ₹309.05, down by ₹0.30 or 0.097% on the BSE.

Collaboration between the two companies began in 2020 when Bharat Forge began supplying parts for the Pearl 700 engines, the company said.

Shares of Varun Beverages and Tata Consumer Products gained over 3% each, while those of Britannia Industries gained 2.9%. Colgate-Palmolive’s shares gained 2.6%, while those of United Spirits, Marico, Hindustan Unilever, and Radico Khaitan gained between 1.5% to 2.2%.

Madhu Kela said that investors should stay patient with equities. “Markets have proven that people who stayed invested over the last 20–25 years are the ones smiling,” he said. “I don’t think people should move away from equities just because…

Infosys announced an interim dividend of ₹23 per share, record date October 27, highlighting two consecutive quarters of growth. Q2 revenue rose 5.2% sequentially, with strong deal wins supporting guidance.

For the festive season, Asian Paints is focusing on reviving urban demand, particularly in the premium and luxury segments.