The state-owned defense PSU reported a net profit of Rs 4,309 crore for the fiscal fourth quarter, up by 52% from Rs 2,831 crore in the same quarter in the previous year as at the May 16. On May 16 Hindustan Aeronautics Limited (HAL) shares scaled new peaks hitting an...
Share Buyback of EClerx Services: The firm’s board has approved a scheme to buy back shares up to the amount of 13,75,000 fully paid up equity shares having a face value of INR 10 each for cash not exceeding INR 385 crore. The announcement by Mumbai-based IT Company...
Stocks in the Spotlight: Review the companies making headlines before today’s opening bell on May 15, 2024. Bharti Airtel: The net income of India’s second biggest telecoms company dropped by 31.1% to Rs 2,072 crore for the quarter ending March 2024. This...
Cipla has confirmed that the promoter family, the Hamieds, sold a 2.5 percent stake in the company. To begin trading on May 15, the stock price of Cipla, a leading drug maker in India, rose by 4% in early trade following three block deals. These transactions involved...
Even though the NCLT has pushed the case to a later date in July, this will foster moment when it would be subjected to further examination and intense arguments. The drama over the delisting of ICICI Securities is still unfolding and has experienced yet another...
