HAL shares rally 4% after Q2 PAT jumps 22% YoY to Rs 1,510 crore
Mon, Nov 18, 2024 11:53 AM

HAL shares rally 4% after Q2 PAT jumps 22% YoY to Rs 1,510 crore

A Flip by Avya Verma
Get it on Google Play
Shares of PSU company Hindustan Aeronautics (HAL) today surged 4% to an intraday high of Rs 4,246 on the BSE today after the company on Thursday reported a consolidated net profit of Rs 1,510 crore for the quarter that ended September 30, 2024, rising 22% over Rs 1,237 crore reported in the year-ago period. The revenue from operations stood at Rs 5,976 crore, gaining 6% over Rs 5,636 crore.

More great flips

Multibagger stock hits 5% upper circuit after delivering 150% returns YTD

Multibagger stock hits 5% upper circuit after delivering 150% returns YTD

Multibagger stock: Shares of Blue Cloud Softech Solutions Limited, a tech-driven company based in Hyderabad, hit the upper circuit limit on Monday, November 18 on the back of impressive Q2FY25 results and key corporate developments. Blue Cloud Softech share price hit its 5 per cent upper circuit at ₹144.20 on the BSE today. The company enjoys a market capitalisation of ₹3,145.59 crore.

Open Flip
SC declines relief to Zydus Lifesciences in breast cancer drug case

SC declines relief to Zydus Lifesciences in breast cancer drug case

The Supreme Court refuses to grant interim relief to Zydus Lifesciences, sending its case against a Delhi High Court injunction back for further deliberation, preventing the manufacture and sale of its breast cancer drug Sigrima due to patent infringement allegations by F. Hoffmann-La Roche. The shares of Zydus Lifescience fell as much as 1.95%.

Open Flip
Shanghai to reduce real estate transaction taxes: State media

Shanghai to reduce real estate transaction taxes: State media

Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China's second-largest city. China has been aiming to bolster the crisis-hit property market by increasing demand and easing developers' financial difficulties, with its finance ministry last week.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon