Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Photograph: Dado Ruvic/Reuters Traders said the OMC stocks
The Bombay high court on Tuesday stayed for four weeks a special court’s order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations, noting the order was passed mechanically.
Budget airline SpiceJet on Wednesday reported a profit after tax of Rs 26 crore for the three months ended December 2024, helped by overall improved performance. Photograph: Amit Davec/Reuters The carrier had posted a loss of Rs 300 crore in
‘The market’s sharp decline recently has shaken the confidence of retail investors, leading to increased selling.’ January 2025 is shaping up to be the worst month on record for stock corrections, with 2,461 companies listed on the BSE seeing
Adani Wilmar on Monday posted over twofold jump in consolidated net profit at Rs 410.93 crore for December quarter 2024-25 on strong edible oil sales. Photograph: Amit Dave/Reuters The company had logged a net profit of Rs 200.89 crore in
HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph: PTI Photo from the Rediff Archives On a standalone basis,
