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Synopsis Tata Consultancy Services Ltd. (TCS) recorded a net profit of ₹12,040 crore, marking a 3.2% decline from the March quarter. The company's revenue grew by 2.2% reaching ₹62,613 crore. The company also declared an interim dividend
Synopsis The company's revenue from operations declined 30.3% to ₹180.7 crore against ₹259.3 crore in the year-ago period. Shares of Delta Corp Ltd ended at ₹142.85, down by ₹2, or 1.38%, on the BSE. Delta Corp Q1 Results Highlights
Synopsis GM Breweries reported a net profit of ₹24.9 crore for the April-June period, marking a 25% increase compared to the same period last year. GM Breweries Q1 Results Highlights GM Breweries reported a net profit of ₹24.9 crore for
L&T Semiconductor Tech, a wholly owned subsidiary of L&T, has entered into an agreement to acquire SiliConch Systems for an upfront payment of ₹133 crore, with an additional deferred payment of ₹50 crore to be made over the next four year
Adani group companies, Adani Enterprises Ltd and Adani Energy Solutions, are preparing to enter the markets soon through qualified institutional placement (QIP) offerings, aiming to raise up to $2.5 billion, according to sources familiar with the gro
In a significant development that will impact discount broking, the regulator has directed stock exchanges and other market infrastructure institutions (MIIs) to charge all their members uniformly, prohibiting discounts based on trading volumes or ac
Shares of Vodafone Idea increased by approximately 4% following a report that the telecom service provider had fulfilled its 5G rollout obligations in all circles. The company holds 5G spectrum in 17 circles and has completed the rollout requirements
On June 21, Axis Bank stock experienced a significant trade, with 0.55% equity stake in the private lender being sold for ₹2,088.2 crore, as reported by CNBC-TV18. A total of 1.7 crore shares were traded at ₹1,226 per share. The identities of the
Analysts at Bernstein brokerage have issued a 'Buy' recommendation for Zomato stock, setting a target price of ₹230 per share. They highlight the company's market leadership, pricing power, and reduced delivery costs as key factors contributing to
On June 21, shares of JM Financial fell by up to 2%, following a directive from the Securities and Exchange Board of India (SEBI). SEBI instructed JM Financial to stop accepting new mandates as a lead manager in public issues of debt securities until
On June 21, 9.3% of Aster DM Healthcare's equity was sold for ₹1,607 crore through block deals, likely involving PE firm Olympus selling part of its remaining stake in the company. Previously, on June 20, Moneycontrol had reported that Olympus i
On June 21, the Nifty reached a new all-time high, primarily driven by an increase in IT stocks. This surge followed Accenture's announcement of higher-than-anticipated annual revenue growth, fueled by the rising demand for its artificial intelligenc
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