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REC stock surges 9.5% to ₹555.45 on strong Q4FY24 results, 33% YoY jump in net profit to ₹4,079 crore. Revenue grows 25% YoY. Scrip up 336% from 52-week low. Company aims to be NPA-free by FY25 with debt-raising plan of ₹1.6 lakh crore. Continue Reading »
Small-cap stock below ₹50: Gujarat Toolroom share price has been hitting the upper circuit after the company declared the date of announcement of Q4 results 2024 Continue Reading »
BofA upgrades Vodafone Idea to 'neutral', citing potential for tariff hike leverage and enhanced 4G network coverage. Despite positive outlook, BofA refrains from recommending VIL as a buy, awaiting clarity on funding post-FY26. BofA suggests that tariff revisions may occur post-general elections. Continue Reading »
Netweb Technologies India’s net profit in the fourth quarter of FY24 jumped 181.8% to ₹29.66 crore from ₹10.52 crore in the year-ago quarter. Continue Reading »
Nifty today: Shares of HDFC Bank, RIL, Infosys, TCS, and Kotak Mahindra Bank hold key as they hold around 35% weight in the 50-stock index, say experts Continue Reading »
It remains to be seen if demand is sustainable enough to absorb the increase in supply, given that interest rate cut hopes are unlikely to materialize any time soon. Continue Reading »
Stock Market Today: Coal India share price after rising 92% in a year trades flat ahead of Q4 results. While the gains for the share price have been driven by rising volumes and good e-auction premiums, what to expect during Q4 results? Continue Reading »