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Yes Bank shares rose after board approves raising ₹16,000 crore
06 Jun

Yes Bank shares rose after board approves raising ₹16,000 crore

editorBusiness, News
Yes Bank shares: Yes Bank shares rallied 1.87% to hit an intraday high of ₹21.24 on the BSE a day after its board approved raising ₹16,000 crore through a mix of equity and debt to fund business growth. The board approved raising of funds by issuance of eligible equity securities through various permissible instruments, provided that the aggregate amount to be raised by issuance of such securities does not exceed ₹7,500 crore and does not result in an aggregate dilution of more than 10% (including dilution on account of issuance of equity securities and conversion of any convertible debt securities…
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Silver futures price upgrade : Prices rose in India
05 Jun

Silver futures price upgrade : Prices rose in India

editorBusiness, News
New Delhi, June 5: Silver prices rose by Rs 80 to Rs 1,01,460 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 80, or 0.08 percent, to Rs 1,01,460 per kg in a business turnover of 17,560 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.10 percent lower at $34.46 per ounce in New York.
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Gold prices upgrade , silver goes up by Rs 100
04 Jun

Gold prices upgrade , silver goes up by Rs 100

editorBusiness, News
New Delhi, June 4: The price of gold rose by Rs 70 to Rs 99,000 per 10 grams in the national capital on Tuesday due to a fall in the rupee, according to the All India Sarafa Association. The precious metal of 99.5 percent purity rose by Rs 200 to Rs 98,600 per 10 grams (inclusive of all taxes). The price of silver rose by Rs 100 to Rs 1,00,200 per kg (inclusive of all taxes) on Tuesday. The rupee on Tuesday closed 21 paise lower at 85.60 (provisional) against the US dollar due to strength in the American currency…
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Guarseed futures prices upgrade on spot demand
03 Jun

Guarseed futures prices upgrade on spot demand

editorBusiness, News
New Delhi, June 3: Guarseed prices rose by Rs 16 to Rs 5,109 per quintal in futures trade on Tuesday as speculators increased their positions amid a firm trend in the spot market. On the National Commodity and Derivatives Exchange, the price of guarseed contract for July delivery rose by Rs 16, or 0.31 percent, to Rs 5,109 per quintal in a business turnover of 35,480 lots. According to market sources, the main reason for the rise in guarseed prices is speculators increasing their positions, firm trend in the spot market and lower supplies from producing regions.
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IRCTC shares upsurge after 26% rise in profit in March quarter on boost from tourism business
31 May

IRCTC shares upsurge after 26% rise in profit in March quarter on boost from tourism business

editorBusiness, News
Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the online ticketing and catering arm of the Indian Railways, rose 3.04% to hit an intraday high of ₹799 on Thursday. The gain was recorded after it reported January-March quarter earnings after market opened on Wednesday. IRCTC's consolidated net profit rose 26% to ₹358 crore in the March quarter from ₹284 crore in the same period last year. The jump in profit came on the back of an exceptional profit of ₹46 crore and strong performance of its tourism business. IRCTC's operating revenue rose 10% to ₹1,268 crore as against ₹1,152…
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Suzlon Energy shares inflation 13.5%, Q4 net profit jumps 4-fold; chairman says company posted highest profit in 10 years
30 May

Suzlon Energy shares inflation 13.5%, Q4 net profit jumps 4-fold; chairman says company posted highest profit in 10 years

editorBusiness, News
Suzlon Energy share price: One of the renewable energy solution providers, especially in the wind energy space, jumped sharply in trade on Friday, May 30, after the company on Thursday reported a four-fold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4FY25), mainly led by higher revenues. In early deals, the stock jumped 13.57% to hit a high of ₹74.30 on the NSE. It reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, BSE filings showed. Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore a…
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Gold price upgrade to Rs 99,000 per 10 grams, silver rises
29 May

Gold price upgrade to Rs 99,000 per 10 grams, silver rises

editorBusiness, News
New Delhi, May 29: According to the All India Sarafa Association, the price of gold in the national capital rose by Rs 500 to Rs 99,000 per 10 grams on Wednesday amid a strong trend in overseas markets. The precious metal of 99.5 percent purity rose by Rs 500 to Rs 98,500 per 10 grams (inclusive of all taxes). Also, the price of silver rose by Rs 1,000 to Rs 1,00,000 per kg (inclusive of all taxes) on Wednesday. The metal had declined by Rs 1,370 to Rs 99,000 per kg in the previous market session. Globally, spot gold rose…
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Guarseed futures prices upsurge on spot demand
28 May

Guarseed futures prices upsurge on spot demand

editorBusiness, News
New Delhi, May 28: Guarseed prices rose by Rs 11 to Rs 5,133 per quintal in futures trade on Tuesday as speculators increased the size of their deals amid a firm trend in the spot market. Guarseed contract for June delivery rose by Rs 11, or 0.21 percent, to Rs 5,133 per quintal on the National Commodity and Derivatives Exchange, with open interest trading in 52,065 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, firm trend in the spot market and lower supplies from producing regions.
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Insolation Energy profit upgrade 61% to Rs 65 crore
27 May

Insolation Energy profit upgrade 61% to Rs 65 crore

editorBusiness, News
New Delhi, May 26 Insolation Energy on Monday reported that its net profit rose 60.89 percent to Rs 65 crore in the October-March period of FY25, as against Rs 65 crore in the same period a year ago.It had posted a net profit of Rs 40.4 crore in the six-month period of the previous fiscal 2023-24, the company said in an exchange filing.Revenue from operations grew 57.3 percent to Rs 721.7 crore from Rs 458.8 crore in the period under review.Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan.The company currently operates two manufacturing units, and…
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Reliance General Insurance profit upgrade 12.5% ​​to Rs 315 crore in FY25
26 May

Reliance General Insurance profit upgrade 12.5% ​​to Rs 315 crore in FY25

editorBusiness, News
New Delhi, May 26: Reliance General Insurance, an arm of Reliance Capital that was recently acquired by IndusInd International Holdings Ltd (IIHL), reported a 12.5 percent rise in net profit to Rs 315 crore for the financial year ended March 2025. The company's gross direct premium (GDP) grew to Rs 12,548 crore, a growth of 7.4 percent over the previous fiscal, higher than the general insurance industry's growth of 5.2 percent. The company's net worth also saw a growth of 10.2 percent to Rs 3,429 crore in FY25, Reliance General Insurance said in a statement. IIHL, which had acquired Reliance…
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