The FinTech Hub
Source: Live Mint Wipro ADR: American Depository Receipt (ADR) shares of India’s fourth-largest IT services company witnessed a sharp rise on the New York Stock Exchange (NYSE) after declaring its October-December quarter results for fiscal 2024-25 (Q3FY25). ADR rose 4.09 per cent to $3.435 on the American stock exchange after the IT major surpassed D-Street…
Source: Live Mint Indian oil marketing companies Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL), are expected to announce their December quarter earnings over coming weeks. BPCL informed investors through a regulatory filing on Friday, January 17 that the company’s board will meet on Wednesday, January 22 to consider and approve the…
Source: Live Mint Wipro Q3 Results: Information Technology (IT) services major, Wipro Ltd on Friday reported an 24.5% year-on-year rise in its consolidated net profit (attributable to equity holders of the company) for the fiscal’s third quarter ended December (Q3FY25) to ₹3,353.8 crore. The company had reported a profit of ₹2,694.2 crore in the year-ago…
Source: Live Mint Global brokerage firm Citi Research, in its recent note, initiated coverage on Aadhar Housing Finance with a ‘buy’ rating and a target price of ₹565 per share, indicating an upside potential of 42% from its latest trading price of ₹398. The brokerage’s optimistic outlook stems from the company’s consistent growth, scaling up…
Source: Live Mint ICICI Lombard General Insurance Q3 Results: ICICI Lombard General Insurance Company announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Friday, January 17, reporting a sharp rise of 68 per cent in net profit to ₹724.4 crore, compared to ₹431.5 crore in the corresponding period last year. The gross premium dropped…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 23,311.8, representing a decrease of 0.47%. During the day, the Nifty reached a high of 23,292.1 and a low of 23,100.35. Meanwhile, the Sensex traded within the range of 77,069.19 and 76,263.29, closing…
Source: Live Mint Q3 Results; Tech Mahindra reproted net profit at consolidated level for the quarter ending December 2024 at ₹983.2 crore marked an increase of 92.6% compared to ₹510.4 Crore in the year ago quarter Stock Market Today: Tech Mahidra Q3 Net profit rose sharp 93% year on year Q3 Results; Tech Mahindra repoted…
Source: Live Mint SBI Life Insurance Company declared its December quarter results for the financial year 2024-25 (Q3FY25) on Friday, January 17. It posted a net profit of ₹550.82 crore, up a massive 71.2 percent percent from ₹321.75 crore in the same period last year. Sequentially, it rose just 4 percent from ₹529.42 crore in…
Source: Live Mint Shares of PVR Inox, the country’s largest multiplex network operator, have been experiencing heavy selling pressure from Dalal Street investors in recent sessions. The stock has corrected by 30% over the last six weeks and is down by 37% from its September peak of ₹1,748 per share, now trading at ₹1,100. In…
Source: Live Mint Stock market today: India’s main stock indices dropped on Friday, primarily due to declines in IT giant Infosys and private lender Axis Bank following their quarterly earnings reports. Conversely, Reliance Industries Ltd surged almost 5% after announcing a 7.4% increase in net profit for the December quarter. The leading stock rose 4.44…
