Stock Market Influencing News

Stock Market Influencing News

You can read some stock market influencing news here. Only for educational purpose.
-------------------------
Moved by Mr.Love
Reason : Premium Content
-------------------------
Moved by Mr.Love
Reason : Stock

Sunteck Realty Q2 Results: Net profit up 348% YoY to Rs 35 crore

( Tue, 12 Nov 2024 21:27:26 +0530 )

Sunteck Realty reported a 348% year-on-year rise in net profit to Rs 35 crore for Q2, with revenue surging 578% to Rs 169 crore. Pre-sales grew 33% to Rs 524 crore, while collections rose 25%. It also outlined key ongoing projects in Mumbai and Dubai.
Read more

Ahead of Market: 10 things that will decide stock action on Wednesday

( Tue, 12 Nov 2024 21:15:17 +0530 )

Indian indices, Sensex and Nifty, closed lower on Tuesday, driven by declines in banking, financial, and auto stocks. Sensex fell 821 points and Nifty dropped 258 points. October CPI inflation rose to 6.21%, fueling market concerns for Wednesday.
Read more

Vodafone Idea Q2 Preview: Losses to narrow; ARPU to improve on tariff hikes

( Tue, 12 Nov 2024 21:01:35 +0530 )

Net losses for the quarter are estimated to narrow to around Rs 6,300-6,400 crore, according to three brokerages. Revenue is projected to increase by 5% year-on-year in the September quarter. Sequentially, analysts anticipate solid growth in revenue, operating profit, and ARPU (Average Revenue Per User) for the telecom company.
Read more

PN Gadgil Jewellers Q2 Results: PAT soars 59% to Rs 35 crore, revenue up 46%

( Tue, 12 Nov 2024 20:55:47 +0530 )

P N Gadgil Jewellers reported a 46% revenue growth to Rs 2,001.3 crore in Q2 FY25, with a 59% increase in PAT to Rs 34.9 crore. Strong festive demand, lower gold import duties, and a successful flagship event drove the performance.
Read more

Market Trading Guide: Ramco Cements among 2 stock recommendations for Wednesday

( Tue, 12 Nov 2024 20:48:48 +0530 )

FII-driven selling pressure continued to weigh on domestic markets, with indices closing lower. The strengthening US dollar, driven by "Trumponomics," and rising domestic inflation, fueled by increasing food prices and a depreciating rupee, are impacting sentiment and may influence the RBI’s policy.
Read more

Religare Enterprises Q2 Results: Net profit shoots up 70% to Rs 68 crore

( Tue, 12 Nov 2024 20:21:39 +0530 )

Religare Enterprises on Tuesday reported a 70 per cent jump in consolidated net profit to Rs 68.49 crore for the second quarter ended September 2024. The financial services firm had a consolidated net profit of Rs 40.35 crore in the July-September quarter of 2023-24.
Read more

US stocks muted as focus moves to economic data

( Tue, 12 Nov 2024 20:09:22 +0530 )

Wall Street was steady at the open on Tuesday as focus shifted from the U.S. election to key inflation data later in the week for more signals on the country's economic and monetary policy outlook.
Read more

ET Market Watch: Investors lose over 5.7 lakh crore; 5 factors behind today's Sensex fall

( Tue, 12 Nov 2024 20:07:17 +0530 )


Read more

Sebi simplifies registration of certain categories of FPIs

( Tue, 12 Nov 2024 19:38:38 +0530 )

To facilitate ease of onboarding of Foreign Portfolio Investors and reduce duplication of available information, markets regulator Sebi on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields.
Read more

Sebi penalises LCC Infotech, 6 others for misrepresenting financial statements

( Tue, 12 Nov 2024 19:36:28 +0530 )

Sebi on Tuesday slapped fines totalling Rs 12 lakh on seven entities, including LCC Infotech and its promoters -- Kirti Lakhotia, Sidharth and Pratik Lakhotia -- for misrepresenting the financial statements of the company.
Read more

Zydus Lifesciences Q2 Results: Net profit jumps 14% YoY to Rs 911 crore

( Tue, 12 Nov 2024 19:22:11 +0530 )

Zydus Lifesciences reported a 14% YoY net profit rise to Rs 911 crore for Q2FY25, driven by strong sales in India and the US. Revenue grew 20% YoY to Rs 5,237 crore. However, QoQ profit and revenue declined. EBITDA rose 27.5% YoY.
Read more

Nexus Select Trust Q2 Results: Net operating income up 5% YoY to Rs 371 crore

( Tue, 12 Nov 2024 19:14:19 +0530 )

Nexus Select Trust reported a 5% YoY growth in retail net operating income to Rs 371.3 crore for Q2 FY25. Tenant sales reached Rs 3,000 crore, and a Rs 304.1 crore distribution was declared. The REIT also announced acquiring Vega City mall for Rs 877 crore.
Read more

Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale

( Tue, 12 Nov 2024 19:03:25 +0530 )

Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The proceeds were used to repay loans secured against Indian assets, including Vodafone Idea.
Read more

Hyundai Motor India Q2 Results: PAT declines 16% to Rs 1,375 crore amid sluggish demand

( Tue, 12 Nov 2024 18:57:53 +0530 )

Hyundai Motor India reported a 16% decline in Q2 FY25 net profit to Rs 1,375.47 crore, amid sluggish domestic demand and global geopolitical challenges. Revenue fell 7.5% to Rs 17,260 crore. The company sold 1,91,939 vehicles, with domestic sales dropping 5.8%, but strong SUV demand.
Read more

LIC pares 2.02% stake in Tata Power for Rs 2,888 crore

( Tue, 12 Nov 2024 18:54:14 +0530 )

Life Insurance Corporation (LIC) on Tuesday said it has sold more than 2.02 per cent stake in Tata Power Company for about Rs 2,888 crore and reduced its holding in the company to 3.88 per cent.
Read more

CESC Q2 Results: Net profit rises 3% YoY to Rs 373 crore on higher income

( Tue, 12 Nov 2024 18:38:52 +0530 )

Power utility firm CESC Ltd on Tuesday reported a nearly 3 per cent rise in consolidated net profit to Rs 373 crore in the September 2024 quarter, aided by higher income. It posted a profit of Rs 363 crore during the three months ended September 2023, the company said in a regulatory filing.
Read more

BSE Q2 Results: Profit skyrockets 193% YoY to Rs 346 crore, revenue up 138%

( Tue, 12 Nov 2024 18:27:08 +0530 )

BSE Q2 Results: Leading exchange BSE Ltd on Tuesday reported 193% growth in its consolidated net profit at Rs 346 crore for the second quarter, compared with Rs 118 crore in the last year quarter.
Read more

Bosch Q2 Results: Net profit falls 46% to Rs 536 cr; revenue at Rs 4,394 cr

( Tue, 12 Nov 2024 18:06:05 +0530 )

Auto components firm Bosch on Tuesday said its consolidated net profit declined 46 per cent on-year to Rs 536 crore in the September 2024 quarter. The company reported a net profit of Rs 1,000 crore in the July-September quarter of last fiscal.
Read more

Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow

( Tue, 12 Nov 2024 17:44:51 +0530 )

Nifty’s short-term trend remains weak, with a potential drop below 23,800 likely to target the next support level around 23,500 (the 200-day EMA) in the near term. Immediate resistance is positioned at 24,050, according to Nagaraj Shetti of HDFC Securities.
Read more