Hero MotoCorp on Tuesday reported a standalone net profit of Rs 1,123 crore for the quarter ended June 30, 2024 which was up by 36% from Rs 825 crore posted by the two-wheeler maker in the year ago period. The revenue from operation for the reporting quarter stood at Rs 10,144 crore, which was up … Read more
MUMBAI: Rakesh Gangwal, the outgoing promoter of leading domestic airlines InterGlobe Aviation that operates under IndiGo brand, is selling 3.3% stake in the company through block deals on Monday that could fetch him about Rs 3,730 crore (about $450 million). Gangwal plans to sell a little less than 1.3 crore shares of Indigo at a … Read more
Ashok Leyland Ltd, part of the automobile space, has fallen by over 10% from its recent high recorded in August 2023 and the chart pattern suggests that the weakness could continue.Short -to medium-term traders can look to sell the stock now for a possible target towards 150 levels in the next 1-2 months, suggest experts. … Read more
Infosys share price today: Shares of IT major Infosys experienced a significant uptick on Friday, climbing by up to 7.6% to reach Rs 1,613 on the Bombay Stock Exchange. This surge Infosys’s Q3 results with investors optimistic that the performance may mark the end of the earnings downgrade cycle for Infosys, with a positive outlook … Read more
Shares of YES Bank surged as much as 10% in intra-day trade on Monday, extending gains from the previous session, and hit the highest level in over 7 months. The sharp rally in the stock was backed by significant volumes, as more than 647 million shares changed hands on the NSE, which was nearly six … Read more