Stock Market Closing Bell: Buying in IT stocks supported the positive trend in the markets. Stock Market Closing, July 28: Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday on lower crude oil prices amid easing geopolitical worries in West Asia. However, the market closed in red. Stock Market Closing Today On…
Shares of Pine Labs jumped to the day’s highs on Tuesday, July 28, gaining as much as 4%, after the company reported an improvement in profitability for the June quarter, compared to the same quarter last year. Pine Labs’ consolidated net profit nearly quadrupled year-on-year to ₹19.6 crore from ₹5 crore, while revenue from operations…
Shares of Kumbakonam-based private lender City Union Bank Ltd. surged as much as 10% on Tuesday, July 28, in response to its June quarter results, that were strong on a year-on-year basis, along with improved asset quality. City Union Bank’s Net Interest Income, or core income for the quarter stood at ₹820 crore, a growth…
Pfizer posted a 6.7% year-on-year increase in net profit to ₹205 crore, compared with ₹192 crore in the corresponding quarter last year. Revenue from operations rose 8.3% to ₹653 crore, up from ₹603 crore a year earlier. 1 Min Read Shares of Pfizer Ltd. were trading marginally higher on Tuesday, July 28, after the pharmaceutical…
TTK Prestige shares surged 11% after the kitchen appliances maker reported a more than two-fold jump in June-quarter profit, driven by broad-based demand across categories, stronger channel performance and improving operating margins despite persistent commodity cost inflation. 3 Min Read Shares of TTK Prestige Ltd rallied as much as 11% on Tuesday after the kitchen…
Shares of Suzlon Energy Ltd. fell as much as 7% on Tuesday, July 28, in response to its June quarter results that were subdued across parameters on a year-on-year basis. Suzlon Energy’s net profit dropped 6% during the quarter to ₹305 crore from ₹324 crore last year. Revenue for the period stood at ₹3,829 crore,…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Shares of Varun Beverages Ltd. fell as much as 6.5% on Tuesday, July 28, after the volume growth for its India volume business turned out to be lower than what the street was anticipating during the April-June quarter. For the quarter, Varun Beverages’ India business volume growth stood at 14.4% on a year-on-year basis. A…
Several factors explain this correction. First, the initial surge reflected classic IPO hype and FOMO (fear of missing out), especially given Musk’s strong personal brand and SpaceX’s achievements in reusable rockets, Starlink satellite internet, and ambitious plans. With a relatively thin public float and significant retail allocation (around 30 per cent), early trading was dominated…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
