Oil prices steadied in Asian trading on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Global benchmark Brent crude oil futures traded 4 cents higher at $87.39 a barrel by 0153 GMT, and U.S. West Texas Intermediate crude futures also gained 4 […]
Category: The Economic Times
Economictimes
Tata Power shares gain 0.36% as Sensex rises
Shares of Tata Power Company Ltd. traded 0.36 per cent up at Rs 429.55 at 12:07PM (IST) on Monday, even as BSE benchmark Sensex gained 424.06 points to 73512.39. The scrip had closed at Rs 428.0 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 444.1 and Rs 193.05, […]
GAIL shares fall 1.23% as Nifty gains
Shares of GAIL (India) Ltd. traded 1.23 per cent down at Rs 199.5 on Monday at around 02:09PM (IST), while the benchmark BSE Sensex advanced 406.44 points to 73494.77. As many as 3,027,367 shares changed hands on the counter with a total value of Rs 60.32 crore.
IRCTC shares gain 1.2% as Sensex rises
Shares of the Indian Railway Catering & Tourism Corporation Ltd. traded at Rs 1004.0 on BSE at 12:12PM (IST) on Monday, up 1.2 per cent. The stock quoted a 52-week low price of Rs 594.55 and a high of Rs 1068.65. Earlier in the day, the stock saw a gap up opening.
Adani Power shares gain 0.42% as Sensex rises
Shares of the Adani Power Ltd. traded at Rs 597.0 on BSE at 10:25AM (IST) on Tuesday, up 0.42 per cent. The stock quoted a 52-week low price of Rs 187.0 and a high of Rs 647.0. Earlier in the day, the stock saw a gap up opening.
KP Energy Q4 Results: Net profit grows 60% to Rs 25 crore
KP Energy on Monday posted a 60 per cent rise in its consolidated net profit at Rs 24.89 crore during the quarter ended March 2024 on account of increased income. It had reported a net profit of Rs 15.48 crore in the January-March period of preceding 2022-23 financial year, the company said in an exchange […]
RIL Q4 Results: Net profit falls 2% YoY to Rs 18,951 crore, yet beats estimates
Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended March 2024. It was Rs 19,299 crore in the year-ago period. ETNOw had predicted PAT at Rs 18,227 crore. Revenue from operations surged 11% year-on-year to Rs 2.4 lakh crore in […]
RIL Q4 Scorecard: From earnings, dividend to key milestones, here are 10 top takeaways for D-Street
Reliance Industries (RIL) on Monday announced its quarterly earnings for January-March period where it became the first Indian company to cross the Rs 1 lakh crore threshold in pre-tax profits. The company also recorded annual consolidated revenue of Rs 10 lakh crore, which was up by 2.6% on a year-on-year basis (YoY). The oil-to-chemicals conglomerate […]
Reliance Industries board approves Rs 10/share dividend
Oil-to-chemicals conglomerate Reliance Industries (RIL) on Monday declared a dividend of Rs 10 per share for the financial year ended March 31, 2024. The company will inform about the date from which the dividend will be paid in due course, RIL said in its filing to the exchanges. Earlier last fiscal, it had already paid […]
RIL shares see target prices going up to Rs 3,500 after Q4 results. Time to buy?
After billionaire Mukesh Ambani-led conglomerate Reliance Industries (RIL) reported largely in-line earnings for the March quarter, driven by an improvement in O2C throughput, brokerages have increased target prices amid positive comments from the management around capex moderation and hints of potential telecom tariff hikes. RIL shares, which have gained around 14% in the calendar year […]
Centre studying innovative ways to boost infrastructure funding
The government is exploring policy mechanisms to capture the increase in land value resulting from road projects, including auctioning exits at greenfield expressways and ‘betterment’ levy, as it looks to ramp up funding for infrastructure creation, a senior official told ET. In this regard, the roads ministry is studying global best practices on innovative ways […]
Tesla earnings a ‘moment of truth’ for Elon Musk after stumbles
Tesla CEO Elon Musk faces heightened pressure with Tuesday’s earnings report to reassure investors that recent stumbles are simply unexpected speed bumps — and not indications of a road to decline. The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes […]