Shivendra Kumar is a Reporter for The Economic Times, with a focus on national financial markets and commodities in India. His work has also been featured in various prominent platforms like ETMarkets, Zeebiz.com, PaRR, Cogencis, ET, and India TV, covering a range of topics including IPOs, stock market updates, gold prices, and investment advice for readers.
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India (National)
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By: Shivendra Kumar
Bhanshali has added Pan Electronics India into his kitty with purchase of a 2.50% stake in the January to March period. The stock has been in top form this year with over 70% returns so far. Over a one-year period the gains extend to 97%. This is significantly higher than the 26% returns given by Nifty in the same period.
The company had reported Rs 1,432.88 crore net profit in the year-ago period.
Read about ICICI Securities Q4 results with a 104% increase in net profit to Rs 536.53 crore and declaration of Rs 17/share interim dividend. Get insights into the financial performance and dividend announcement.
BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and Economic Times disclaimer.
Hindustan Zinc Q4 Results: The PAT was, however, up on a sequential basis from Rs 2,028 crore in Q3FY24. The revenue also grew from Rs 7,067 crore reported in the previous quarter. The stock traded at Rs 397.25 on the NSE at 2:30 pm, down by Rs 7.50 or 1.85%.
Experts analyze the impact of the Cerelac controversy on Nestle India shares and the potential limitations due to expensive valuations. Insights on the stock's performance and market outlook.
By: Shivendra Kumar
Wipro's board of directors has reappointed Azim H. Premji as Non-Executive, non-independent director of the company while re-appointing Rishad A. Premji as the whole-time director for a period of five years with effect from July 31, 2024, to July 30, 2029.
By: Shivendra Kumar
Kedia brought his stake to 1% in Mahindra Holidays & Resorts India in the previous quarter. Kedia may have exited the stock in Q3 or brought his stake below 1%. He held 1.02% of the company as of September 30, 2023.
By: Shivendra Kumar
Under the proposal, a vertical demerger of Madura Fashion and Lifestyle business will be executed and newly incorporated company named as Aditya Birla Lifestyle Brands Ltd will be listed separately on completion of the demerger from ABFRL.
Wipro's revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year.
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