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Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Live Mint MUMBAI : Bharti Airtel Ltd has done well on one count in the September quarter (Q2FY25), but fell short on another. First, the good news. Airtel has widened its lead over rival Reliance Jio Infocomm Ltd in terms of Arpu or average revenue per user. Airtel’s Arpu rose 10.6% sequentially to ₹233…
Source: Live Mint As the benchmark equity indices continued their losing streak for the fourth consecutive week, nine of the top ten most-valued firms lost a whopping ₹2,09,952.26 crore. Dull quarterly earnings and persistent FII selling added to the woes of investors worried about the bearish stock market. Hindustan Unilever and Reliance Industries Limited were…
Source: Live Mint The Competition Commission of India (CCI) on Tuesday, October 22, cleared telecom giant Bharti Airtel’s proposal to increase its stake in Indus Towers following a buyback of shares by the telecom infrastructure company. “The Commission approves an increase in the percentage shareholding of Bharti Airtel Ltd (Bharti Airtel) in Indus Towers Ltd…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 1:37 PM IST The NSE Nifty 50 index has gained 2 per cent from its recent low of 24,700-odd levels. The recent gains are seen as a pullback as the Nifty had plunged over 1,550 points in preceding six trading sessions. …
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
Source: Business Standard Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. | Representational 2 min read Last Updated : Sep 22 2024 | 11:00 AM IST The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank…
Source: Business Standard Airtel(Photo: Shutterstock) 4 min read Last Updated : Sep 19 2024 | 10:21 AM IST Market capitalisation of major telecom service provider Bharti Airtel crossed Rs 10 trillion for the first time ever after the company’s stock price hit a new high of Rs 1,673.35, gaining 1 per cent on the…
Source: Live Mint Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2…
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