Fri, Feb 2, 2024 2:31 PM
Budget boom! Sensex, Nifty wakes up to smell the coffee a day late
A Flip by Avya Verma
Shares of Prudent Corporate Advisory Services skyrocketed 14 percent to scale to an all-time high of Rs 3,090 per share on October 31 after it reported a strong second quarter performance. In Q2FY25, the company’s operating revenue surged by 51 percent year-on-year to Rs 286.1 crore. This growth was fueled by a 53 percent rise in average quarterly AUM in the mutual fund segment.
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Shares of Five-Star Business Financed extended their decline on October 31, sliding another 9% to Rs 698 after a 13% drop on October 30. The two-day fall has brought the stock down by nearly 19%, despite the company’s strong quarterly performance for the September period. The sell-off began Wednesday when the company, in its earnings call, revised its AUM growth outlook down to 25%.
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Muhurat Trading 2024: Amid Diwali 2024 celebrations, Indian stock market is getting ready for the annual Muhurat Trading session, a special one-hour event that takes place every year on the festival of lights. According to the information available on the Indian stock market exchanges, the special one-hour Muhurat trading 2024 session will take place on 1st November 2024 from 6:00 PM to 7:00 PM.
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