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IHCL Q3 Results: Profit zooms whooping 321% YoY to Rs 404 cr; revenue from ops at Rs 1,686 cr
IHCL reached a milestone of over 250 hotels and is in line with its vision of being a 300 hotel portfolio by 2025. In this financial year alone, 30 plus hotels have been added to the pipeline and 14 hotels have opened besides strong growth in ama Stays & Trails with 108 homestays and Qmin with over 25 outlets," he said.
2023-01-31T20:36:11+05:30
US stocks open higher as data eases inflation concerns
The Dow Jones Industrial Average rose 86.47 points, or 0.26%, at the open to 33,803.56
2023-01-31T20:27:57+05:30
Power Grid Q3 Results: PAT rises 10.5% YoY to Rs 3,702 crore, dividend declared at Rs 5
Revenue from operations grew 7.4% on year to Rs 10,746.40 crore
2023-01-31T20:19:21+05:30
Britannia Q3 Results Preview: Here's what to expect
2023-01-31T20:18:35+05:30
These 9 stocks make new 52-week high record; rally up to 15% in 1 month
2023-01-31T20:13:01+05:30
Westlife Foodworld Q3 Results: Profit grows 75% YoY to Rs 36 cr; margins see improvement at 18%
2023-01-31T19:43:51+05:30
Market Watch: Nifty may stay in 17,542-17,760 band in near term
2023-01-31T19:15:46+05:30
Sun Pharma Q3 Results: PAT jumps 5.2% to Rs 2166 crore
The earnings before interest, tax, depreciation and ammortisation (EBITDA) grew 15.2% YoY to Rs. 3004 crore. The EBITDA margin for Q3FY23 improved 30 basis points YoY to 26.7%.Global specialty drug sales were at $235 million, including US$12.5 million milestone received in Q3FY23. Ex-milestone, the specialty sales were up 21.6% YoY in Q3FY23.
2023-01-31T18:50:48+05:30
Blue Star Q3 Results: Net profit rises 23% YoY to Rs 58.41 crore
This is the fifth consecutive quarter of good performance, and we expect to maintain the growth momentum in the coming quarters as well," Blue Star Ltd Vice Chairman & Managing Director Vir S Advani said.Revenue from the electro-mechanical projects and commercial air conditioning systems segment grew by 20.51 per cent to Rs 1,000.09 crore in the third quarter of FY23 compared to Rs 829.85 crore in FY22, the company said.
2023-01-31T18:43:34+05:30
Union Budget 2023: Will FM Sitharaman tinker with capital gains tax?
2023-01-31T18:22:47+05:30
Coal India Q3 Results: Profit soars 69% YoY to Rs 7,719 crore; dividend declared at Rs 5.25/share
Revenue from operations increased 24% to Rs 35,169 crore in the quarter against Rs 28,433 crore in the corresponding quarter of last year
2023-01-31T18:10:54+05:30
Indian Hotels Q3 Results: Profit zooms to Rs 383 crore on robust travel demand
The Indian hotel industry benefited from a steady rise in domestic and international travel, as pandemic restrictions were lifted, while more people began opting for the so-called 'workations' and 'staycations'.Strong demand in the quarter drove occupancy to over 70% in both leisure and business hotels in key domestic markets, up 27% from pre-COVID levels, the operator of Taj hotels said in a statement.
2023-01-31T17:58:42+05:30
Britannia, Ashok Leyland: Keyearningsto track on Wednesday
FMCG firm Britannia is among a number of domestic companies that will announce December quarter results on Wednesday.>> For more such web stories click on the ET icon below
2023-01-31T17:32:35+05:30
Sensex rises! But these stocks fell 5% or more in Tuesday's session
In the Nifty pack, 23 stocks closed in the green, while 26 stocks ended in the red.
2023-01-31T17:28:24+05:30
Stock market update: Nifty Pharma index falls 0.99%
The Nifty Pharma index closed 0.99 per cent down at 12360.25.
2023-01-31T17:23:12+05:30
Stock market update: Nifty Auto index advances 1.89%
The Nifty Auto index closed 1.89 per cent up at 13323.9.
2023-01-31T17:12:55+05:30
Gainers and Losers: Adani stocks, REC among stocks that hogged limelight today
>> For more such web stories click on the ET icon below
2023-01-31T17:12:17+05:30
Vi approves preferential issue of debentures worth Rs 1,600 crore to ATC
​Vodafone Idea is ATC's largest customer in India. Following the announcement, the stock closed 5.15% higher at Rs 7.15 apiece on NSE.
2023-01-31T17:11:22+05:30
Stock market update: Nifty Realty index advances 1.12%
The Nifty Realty index closed 1.12 per cent up at 411.55.
2023-01-31T17:07:43+05:30
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
Bajaj Finance, TCS, Tech Mahindra, Britannia and Sun Pharma were among the top losers on NSE in today's trade.
2023-01-31T17:02:31+05:30
Adani stocks: It will still take time for investors to gain confidence from a medium term standpoint, says Dhananjay Sinha
“We will wait and see what the priorities of the government are this year during the Budget. Fiscal deficit containment is what the government appears to be leaning towards. How strongly would depend on whether that impinges on the overall spending or not is what we will be looking for.â€
2023-01-31T17:02:28+05:30
Stock market update: Nifty Bank index advances 0.66%
The Nifty Bank index closed 0.66 per cent up at 40655.05.
2023-01-31T16:57:14+05:30
Stock market update: Nifty IT index falls 1.18%
The Nifty IT index closed 1.18 per cent down at 29740.35.
2023-01-31T16:52:01+05:30
Tech View: Nifty forms small-bodied bearish candle. What traders should do on Budget day
The index is heading towards the level of 17,800, which holds the key for further course of action from a short-term perspective. If the index manages to surpass 17,800, it will be poised for a larger up move. Till then a consolidation in the range of 17,400-17,800 is possible.
2023-01-31T16:51:55+05:30
Most traders lose money by overtrading. Zerodha's Nithin Kamath explains how
Kamath, also known to regularly share educational content and stock market learnings on Twitter and other social media platforms, said people forget that trading costs are charged as a percentage of every trade and can compound very quickly.
2023-01-31T16:47:13+05:30
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex closed up 49.49 points at 59549.9
2023-01-31T16:41:45+05:30
Gold declines Rs 105; silver tumbles Rs 379
"Market participants are also expecting a 25 basis points rate hike (by US Fed) this year. However, comments from Governor Jerome Powell regarding inflation and growth of economy will be important to watch.
2023-01-31T16:41:09+05:30
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex closed up 49.49 points at 59549.9
2023-01-31T16:36:33+05:30
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Manaksia Ltd, Automotive Axle, IIFL Finance, Axita Cotton and KPIT Tech, hit their fresh 52-week highs during the day.
2023-01-31T16:31:21+05:30
Gautam Adani slips out of list of world’s top 10-richest people
2023-01-31T16:27:26+05:30
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex closed up 49.49 points at 59549.9
2023-01-31T16:21:04+05:30
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex closed up 49.49 points at 59549.9
2023-01-31T16:15:52+05:30
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 13.2 points up at 17662.15
2023-01-31T16:10:39+05:30
Rupee falls 41 paise to close at 81.93 against US dollar
"These may be exacerbated by plateauing export growth on account of slackening global demand. Should the current account deficit widen further, the currency may come under depreciation pressure," said the key document released a day before presentation of Union Budget 2023-24.
2023-01-31T16:10:03+05:30
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex closed up 49.49 points at 59549.9
2023-01-31T16:05:26+05:30
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 13.2 points up at 17662.15
2023-01-31T16:00:13+05:30
Bond investors brace for recession as Fed expected to slow pace of tightening
While investors widely expect the Fed to raise rates by another 25 basis points at the end of its monetary policy meeting on Feb. 1, markets are also looking for signals that the central bank is pulling back on its hawkish monetary policy amid signs of falling inflation and softness in the economy.
2023-01-31T15:59:04+05:30
Sensex ends flat, Nifty tops 17,650; Adani Power tanks 5%
2023-01-31T15:58:19+05:30
Adani Enterprises FPO fully subscribed; Group survives Hindenburg attack with NII support
2023-01-31T15:56:11+05:30
Sensex edges up ahead of Budget, Fed meet; Nifty ends at 17,662
From the Sensex pack, SBI, M&M, UltraTech Cement and Power Grid Corp were the top gainers
2023-01-31T15:49:40+05:30
Deven Choksey on Adani stocks to buy after deep correction
“Growth remains convincing as far as the business of the company is concerned. On the group side, most of the stocks are generating significantly large amounts of cash at the group level. We are probably talking about a billion dollars’ worth of EBITDA in a year. When infrastructure assets start producing cash, they produce long term visibility of earnings for the company.â€
2023-01-31T15:49:23+05:30
Dollar bonds of India's Adani Group continue to trade higher
The bonds had sold off following a scathing report by a U.S. short-seller last Wednesday that triggered a rout in the conglomerate's listed firms.U.S. dollar-denominated bonds issued by Adani Green Energy, Adani Ports and Special Economic Zone, Adani Transmission and Adani Electricity Mumbai were trading higher on the day.
2023-01-31T15:41:37+05:30
Prioritising expenditure is going to be a big challenge this year: Dr Sachidanand Shukla
"Tax revenues have stagnated at around 7% of GDP over the last decade or 10-12 years. Even the share of non-tax revenues has been dropping over time. It is now just about one odd percent and therefore, to me, the big challenge this year is going to be with a stagnating top line or the revenue item. How do you meet the said demands when it comes to reprioritise expenditure?"
2023-01-31T15:31:42+05:30
Adani stock rout costs India spot in world’s top 5 markets
A rout in shares of Adani conglomerate has cost India its spot among the world’s 5 biggest equity markets. >> For more such web stories click on the ET icon below
2023-01-31T15:27:02+05:30
UPL Q3 Results: PAT rises 16% YoY to Rs 1,087 crore, but trails estimates
Revenue from operations increased 21% on-year to Rs 13,679 crore, higher than the estimated Rs 13,076 crore
2023-01-31T15:24:00+05:30
Up 311% in 6 months! This multibagger stock to trade ex-split this week
Companies announce stock split to increase the liquidity of the stock in the market. Investors who are holding the stock until the record date will receive the new shares in demat accounts and the stock price will be adjusted according to the split ratio.
2023-01-31T15:05:38+05:30
Defence stocks rally up to 8% ahead of Budget. Should you buy?
Defence sector, as every year before the Budget has a wishlist, out of which the important one is the outlay for emphasis on indigenisation, which means an emphasis on local production. This year we expect them to announce a significant budget for the space and research, electronic equipment and advancement on further localization," Ashwin Patil, Senior Research Analyst at LKP Securities, said.
2023-01-31T14:53:37+05:30
Budget 2023 Focus List: Here are 10 things to watch out for Wednesday
Along with the FY24 Budget, the government will announce revised Budget estimates for FY23, which will include capital expenditure, planned expenditure, unplanned expenditure, fiscal deficit, GDP estimate, market borrowing, among others.
2023-01-31T14:46:30+05:30
Is rupee chasing a new alphabetical order?
So, over the short to medium term, the Indian rupee is about to follow its own financial alphabetical order. For now, let’s keep the first alphabet A aside, and check out the next in the orders.
2023-01-31T14:41:01+05:30
Budget 2023 wishlist: Increased thrust on green energy, healthcare, housing
Along with promoting investments, even domestic consumption needs to be supported as rural demand has been lacklustre due to rising prices and limited non-farm opportunities for quite some time.
2023-01-31T14:31:59+05:30
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