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Source: Live Mint New Delhi, The share of renewables including large hydro in the country’s overall energy mix is expected to remain stable at nearly 21 per cent in FY25, India Ratings and Research said on Tuesday. The balance will be largely contributed by thermal capacity, the agency said in a report. “The share of…
Source: Live Mint Dalmia Bharat Q3 Results: Cement manufacturer Dalmia Bharat reported a 75% year-on-year (YoY) decline in its consolidated net profit to ₹66 for the third quarter of financial year 2024-25 (Q3 FY25) on Tuesday, January 21. The net profit stood at ₹266 crore in the same quarter last fiscal. Meanwhile, the revenue from…
Source: Live Mint Expert view: Deepak Ramaraju, Senior Fund Manager at Shriram AMC, believes a populist budget may strain the fiscal deficit and result in further rupee weakness. This will lead to lower rate cuts and delays in economic growth. Moreover, any miss on fiscal prudence or lower growth guidance may trigger a further selloff…
Source: Live Mint Jana Small Finance Bank released its December quarter performance on Tuesday, January 21, post-market hours. The lender reported a 17.91% drop in standalone net profit, reaching ₹110.6 crore in Q3FY25, compared to a net profit of ₹134.6 crore in the same period last year. The net profit showed a sequential improvement of…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index concluded at 23,344.75, reflecting a decrease of 1.37%. Throughout the trading session, the Nifty reached a peak of 23,426.3 and a low of 22,976.85. The Sensex traded within a range of 77,337.36 to 75,641.87 and closed 1.6%…
Source: Live Mint The UK bond market wants the government to sell fewer long-dated gilts next year as the country navigates shifting demand for its debt in the wake of a surge in borrowing costs. Dealers expressed “strong support” for a reduction in the duration of gilt issuance in the 2025-26 fiscal year relative to…
Source: Live Mint Foreign Portfolio Investors (FPIs) have commenced 2025 on a negative note in the Indian stock market, reversing their buying trend from December 2024. In the first fortnight of January, FPIs sold Indian equities worth over ₹48,000 crore, marking a sharp contrast to the ₹15,447 crore of net inflows recorded in December. The…
Source: Live Mint Stock Market today: Small-cap stock KRN Heat Exchanger And Refrigeration Ltd saw its share price rise more than 68% to hit 1 year or 52-week highs on Tuesday despite falling markets. KRN Heat Exchanger And Refrigeration share price movement KRN Heat Exchanger And Refrigeration share price opened at ₹846.0 on the BSE…
Source: Live Mint Zomato Ltd faced double trouble in the December quarter (Q3FY25) as its two main businesses – food delivery and quick commerce (Blinkit)— drastically fell short of expectations. Of course, each business disappointed on separate counts. While the problem for food delivery was the slowdown in the growth rate of gross order value…
Source: Live Mint ASX 200 closes at highest level since Dec. 9 Banking stocks close at their highest since Jan. 8 Miners end at their highest since Dec. 12 Discretionary stocks up 1% Banking stocks lifted Australian shares on Tuesday, with miners adding to the gains after index heavyweight BHP Group reported higher second-quarter production….
