Today’s stock market closed with a blend of gains and losses across major indices, reflecting varied investor sentiments. Key indices like SENSEX and NIFTY IT posted gains, while NIFTY 50 and specific sectors declined slightly. Let’s dive into the details of today’s market performance. Market Analysis 11th Nov 2024 Today Open Demant With Zerodha [Free … Read more
Shares of MapMyIndia’s parent company, C.E. Info Systems, saw a significant drop on November 11, with stock prices tumbling over 8% on the NSE. This decline came after the company reported a consolidated net profit decrease of 8.2% year-on-year (YoY) to Rs 30.33 crore for Q2, ending on September 30, 2024. The disappointing earnings have … Read more
Asian Paints has reported its Q2FY25 financial performance, showing a significant decline in profits and revenues as compared to the previous fiscal year. The company posted a consolidated net profit of Rs 694.6 crore for the quarter ending September 2024, marking a year-on-year (YoY) decrease of 42.4% from Rs 1,205.4 crore recorded in the same … Read more
8th Nov 2024: In today’s trading session, Indian stock markets faced downward pressure as major indices closed in the red. The Sensex and Nifty posted modest losses, with significant declines in the Nifty Bank and Nifty IT sectors as well. Here’s a detailed breakdown of the market performance. Market Analysis 8th Nov 2024 Open Demant … Read more
Life Insurance Corporation (LIC), the largest life insurance company in India, has reported a decline in its consolidated net profit for the second quarter (Q2) of the fiscal year 2024. The company’s profit for the period stood at Rs 7,729 crore, marking a 3.75% decrease from Rs 8,030.28 crore in Q2 FY23. Despite the decline, … Read more
Adani Power, which exports electricity to Bangladesh from its 1,600 megawatt (MW) Godda plant in Jharkhand, India, has significantly reduced its supply to the neighboring country. The supply, which had been around 1,400-1,500 MW in early August, has been slashed to about 700 MW-750 MW in recent weeks. As of late Thursday, the supply was … Read more
MRF Ltd., one of India’s leading tyre manufacturers, recently announced its financial results for the September quarter (Q2 FY2024), revealing a mixed performance. The company’s net profit fell sharply, but its revenue saw healthy growth. Here’s a breakdown of the key numbers and what they mean for investors and stakeholders. Check also: SBI Share Q2 Results: … Read more
State Bank of India (SBI) is poised to report a robust set of Q2FY25 results, driven by solid loan and deposit growth. The country’s largest state-run lender will announce its performance for the July-September quarter on November 8, 2024. Analysts are anticipating a year-on-year (YoY) surge in both net profit and net interest income (NII), … Read more
Divi’s Laboratories, a leading Indian pharmaceutical company, reported its financial results for the second quarter of fiscal year 2024-25 (Q2FY25), reflecting strong performance across key business segments, with notable increases in profit, revenue, and EBITDA. Divi’s Labs Q2FY25 Results Net Profit: Divi’s Labs reported a net profit of Rs 510 crore, marking a 46.5% increase … Read more