Gold price unchanged at Rs 59,950; silver price dips Rs 200 to Rs 74,800

The price of 24-carat gold was unchanged in Saturday’s early trade, with ten grams of the precious metal selling at Rs 59,950, according to the GoodReturns website. Silver price dipped Rs 200, with 1 kg of the precious metal selling at Rs 74,800. The price of 22-carat gold was also unchanged at Rs… Continue reading Gold price unchanged at Rs 59,950; silver price dips Rs 200 to Rs 74,800

Sun Pharma Q1 PAT dips 2% on one-time expense; US revenues up 12%

Sun Pharmaceutical Industries posted a near 2 per cent year-on-year (YoY) decline in profit after tax (PAT) for the first quarter of FY24 to Rs 2,022.5 crore due to a one-time exceptional expense. The firm’s total income grew by almost 13 per cent. The firm’s stock ended flat at Rs 1,140.85 on the… Continue reading Sun Pharma Q1 PAT dips 2% on one-time expense; US revenues up 12%

Titan dips nearly 3% on disappointing Q1 operational performance

Shares of Titan Company dipped nearly 3 per cent to Rs 2,901 on the BSE in Thursday’s intra-day trade after the company reported a weak operational performance with consolidated earnings before interest and tax (EBIT) contracting by 242 bps to 10.0 per cent in June quarter (Q1FY24). In comparison, the S&P BSE Sensex was down… Continue reading Titan dips nearly 3% on disappointing Q1 operational performance

Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300

The price of 24-carat gold declined Rs 330 during Thursday’s early trade, with ten grams of the precious metal selling at Rs 60,110 according to the GoodReturns website. Silver price fell Rs 700 with 1 kg of the precious metal selling at Rs 77,300. The price of 22-carat gold also fell Rs 300… Continue reading Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300

Campus Activewear tumbles 7%, dips below IPO price amid huge block deals

Shares of Campus Activewear hit a record low of Rs 282.45 on the BSE in Wednesday’s intra-day trade after huge block deals were executed on the counter. The stock of footwear company fell below its previous low of Rs 298.05 touched on July 27. In the process, the stock also dipped fallen its issue price… Continue reading Campus Activewear tumbles 7%, dips below IPO price amid huge block deals

Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC

The demand for gold in India dropped 7 per cent year-on-year to 158.1 tonne (170.7 tonne in the June 2022 quarter), said the World Gold Council (WGC) in a recent release. High gold prices, and a knee-jerk reaction to the ban on Rs 2,000 notes during the recently concluded quarter, WGC said, also dented… Continue reading Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC

Net profit dips 5.9% to Rs 175.1 crore

Adani Energy Solutions (formerly Adani Transmission) reported a 5.9 per cent dip in net profit (attributable to the owners) for the June 2023 quarter (Q1FY24) compared to a year ago. The company reported a double-digit growth in revenue, while other income slipped significantly. For Q1FY24, net profit was Rs. 175.1 crore, lower… Continue reading Net profit dips 5.9% to Rs 175.1 crore