Shares of EIH Associated Hotels fell as much as 5.1% on Tuesday to Rs 355.15 on the BSE amid a broader market selloff, as weak global sentiment weighed on investor confidence. The decline came despite the company reporting a modest rise in quarterly earnings. The hospitality firm, part of The Oberoi Group, posted a 5.4% … Read more
CSB Bank shares jumped as much as 7.7% on Tuesday to Rs 331 on BSE after the private lender held a one-on-one meeting with asset management firm WhiteOak Capital on December 16. The company disclosed this development in an exchange filing. The company’s institutional investor meeting with WhiteOak Capital was held in Mumbai, the exchange … Read more
ET Intelligence Group: Initial trends from the ongoing earnings season suggest corporate India to have posted single-digit growth in both revenue and profit for the quarter ended September 30, with a muted performance by oil and gas companies offsetting a stellar show in the financial services sector. Revenue rose 7.2% from a year earlier, the … Read more
Shares of Vedanta continued their upward momentum on Friday, surging by 3% to reach Rs 515.8, following the announcement of the company’s upcoming board meeting to discuss the fourth interim dividend for the financial year 2024-25. The gains were also supported by positive sentiments in the overall metal sector after China pledged fiscal policy measures … Read more
Mumbai: While Maruti Suzuki reported a strong operating performance in the quarter ended September, the net profit growth was lackluster due to the higher base. The country’s top car maker witnessed significant demand improvement in the quarter and volumes rose, thanks to the spurt of pent-up demand in the domestic markets. It remains to be … Read more