Charles Barkley rips Grand Canyon’s performance in March Madness loss: ‘Dumbest basketball’

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Zen Technologies hits 10% upper limit on strong Q1 performance

Shares of Zen Technologies were locked at the 10 per cent upper circuit at Rs 675 on the BSE in Monday’s intra-day trades after the company reported a strong set of earnings for the June quarter.  The company’s net profit zoomed 474 per cent to Rs 47.13 crore for the quarter ended June… Continue reading Zen Technologies hits 10% upper limit on strong Q1 performance

M&M Q1 PAT up 60% to Rs 3,508 cr on strong auto performance, revenue up 19%

Mahindra and Mahindra (M&M) reported a 60 per cent jump in its consolidated profit after tax (PAT) to Rs 3,508 crore, riding on a 19 per cent year-on-year (YoY) rise in its revenues to Rs 33,892 crore. On a quarter-on-quarter (QoQ) basis, PAT jumped 33 per cent while income from operations has grown… Continue reading M&M Q1 PAT up 60% to Rs 3,508 cr on strong auto performance, revenue up 19%

India’s improved monsoon performance, capex augur well: FinMin report

India’s improved monsoon performance, continued expansion in manufacturing, and vigorous capital expenditure spending by the public and private sectors augur well for macroeconomic stability and growth during FY24, the finance ministry said in a report. However, it cautioned that cross-border spillovers and adverse global developments can act anytime as a deterrent to achieving… Continue reading India’s improved monsoon performance, capex augur well: FinMin report

Adani Enterprises Q1 profit up 43.6% on the back of improved performance

Adani Enterprises announced a 43.6 per cent surge in its net profit, attributable to the company’s owners, for the first quarter ending June 2023 (Q1FY24). This rise is credited to enhanced performance and increased other income, despite a sequential drop. In Q1FY24, the company recorded a net profit of Rs 674 crore, marking… Continue reading Adani Enterprises Q1 profit up 43.6% on the back of improved performance

KSB zooms 19% in a weak market on healthy June quarter performance

Shares of KSB hit a new high of Rs 2,730.70, zooming 19 per cent on the BSE in Thursday’s intra-day trade, in an otherwise weak market, after the company reported healthy performance in June quarter (Q2FY24). In the past three weeks, the stock has rallied 35 per cent. Today, the stock surpassed its previous high… Continue reading KSB zooms 19% in a weak market on healthy June quarter performance

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

Sebi, APMI jointly set standards for performance audit of PMS players

The Securities and Exchange Board of India (Sebi) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players. After Sebi’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the… Continue reading Sebi, APMI jointly set standards for performance audit of PMS players

‘Untrained’ Somali runner’s horrible performance at World University Games causes outrage

Outrage has ensued following an “untrained” Somali runner’s performance during a women’s 100-meter race at the World University Games in Chengdu, China, on Monday that can only be seen to believe.  Nasra Abukar Ali, who is said to be 20 years old from Somalia, ran the 100-meter heat in 21.81 seconds. She finished dead last… Continue reading ‘Untrained’ Somali runner’s horrible performance at World University Games causes outrage

Rinku Singh credits IPL performance for India selection

Ruturaj Gaikwad to lead India in Asian Games 2023, Rinku selected for continental event. Crediting the “special IPL innings” for changing his life, Uttar Pradesh batter Rinku Singh said he was left emotional when he received his maiden India call up for the Asian Games. Despite a stellar IPL campaign with the Kolkata… Continue reading Rinku Singh credits IPL performance for India selection