power generator ntpc delivered a strong performance in Q3FY23 with standalone /consolidated reported PAT at Rs 44.8 bn/ Rs 48.5 bn and adj. PAT at Rs 44.2 bn/ Rs 48 bn, respectively. Main factors impacting the performance were: strong core operational performance and addition of 3GW capacity over the past 12 months, reduction in fixed […]
By Siddhant Mishra India closed 2022 as the second best performing market, but 2023 will be dominated by global factors, according to brokerages. While the Nifty50 had delivered returns of 4% in rupee terms, in dollar terms it was -6%. Also read: HZL forays into fertiliser production, to set up 0.5 MT plant in Rajasthan […]
Tata Power has posted a 48.58% rise in consolidated net profit to Rs 939 crore for the fourth quarter ended March, beating Street estimates, led by growth across all its business verticals. In comparison, the company had posted a net profit of Rs 632 crore a year ago. During the quarter, the company’s revenues rose […]
By Rajesh Palviya In the previous week Nifty opened with an upward gap and witnessed buying momentum in the initial half however profit booking in the last couple of sessions erased some of earlier gains. Nifty closed at 17516 with a gain of 414 points on a weekly basis. On the weekly chart the index […]
By Nagaraj Shetti After showing higher level weakness on Tuesday, the Nifty continued with follow-through weakness amidst range bound action on Wednesday and closed the day lower by 149 points. The opening downside gap has been filled partially. A small negative candle was formed on the daily chart with a minor upper shadow. This pattern […]
Cine-goers will have no dearth of choice in the coming year as the Indian film landscape promises to come alive with big-banner movies in both Hindi and regional languages. While 2022 was all about films from the south and 2023 saw the resurgence of Hindi movies, 2024 will be a happy mash-up of movies from […]
KFin Technologies has, ahead of its proposed initial public offering, raised Rs 675 crore from 44 anchor investors at the upper price band of Rs 366 per equity share, according to a stock exchange filing. The company allotted 18.44 million equity shares to the anchor investors at the upper price band of Rs 366 per […]
Adani group share tumbled up to 18% on Friday in the aftermath of the 103-page report released by US-based forensic financial research firm Hindenburg Research, which alleged accounting fraud, stock manipulation and improper use of offshore tax havens by the group. Continuing the sell-off seen on Wednesday, Adani Enterprises shares fell more than 3% to […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty 50 and BSE Sensex may remain under pressure today amid mostly negative cues. The Nifty futures on the Singapore Exchange (SGX) were trading 34.5 points or 0.19% higher at 18,345.5 in today’s early morning trade. Asian markets were trading in red – Hong Kong’s Hang […]
The India Meteorological Department (IMD) in its latest weather forecast said that the northwest India is expected to experience continued dense to very dense fog over the next 3-4 days, affecting visibility and disrupting travel. Most parts of Punjab, significant portions of Haryana, Chandigarh, and Delhi, as well as some areas in Uttar Pradesh, are […]
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