Surana Telecom and Power reported a 50.1% decline in net sales to Rs 1.85 crore in Q2 2024, but a 362% increase in net profit to Rs 2.49 crore, with EPS rising to Rs 0.18 from Rs 0.04 in Q2 2023. Surana Telecom shares closed at 19.38 on November 22, 2024, with a 7.07% return over the last 6 months and 73.04% over the last 12 months.

Reported Standalone quarterly numbers for Solar Industries India are: Net Sales at Rs 905.49 crore in September 2024 up 9.05% from Rs. 830.34 crore in September 2023. Quarterly Net Profit at Rs. 177.46 crore in September 2024 up 25.7% from Rs. 141.18 crore in September 2023. EBITDA stands at Rs. 262.76 crore in September 2024 up 23.51% from Rs. 212.75 crore in September 2023.

Indraprastha Gas (IGL) has increased the price of Compressed Natural Gas (CNG) by ₹1.50-4 per kilogramme in various areas, except Delhi, which accounts for approximately 70% of the company’s total volumes. This modification has affected various regions, as listed below: Kanpur, Hamirpur, and Fatehpur have a ₹4 per kg rise.

Reported Standalone quarterly numbers for Mini Diamonds (India) are: Net Sales at Rs 103.99 crore in September 2024 up 61.8% from Rs. 64.27 crore in September 2023. Quarterly Net Profit at Rs. 2.05 crore in September 2024 up 461.95% from Rs. 0.57 crore in September 2023. EBITDA stands at Rs. 2.18 crore in September 2024 up 563.83% from Rs. 0.47 crore in September 2023.

Symphony's Q2FY25 results showed a 14.5% YoY revenue growth to Rs. 315cr, driven by strong domestic sales, with EBITDA surging 56.1% YoY to Rs. 64cr. The company's strong brand value and diverse product portfolio contributed to its growth, leading to an upgrade in rating to ACCUMULATE with a target price of Rs. 1,519.

After recording the longest-ever selling spree of 38 sessions, foreign portfolio investors (FPIs) finally pressed the buy button on November 25, buying shares worth almost Rs 10,000 crore amidst an overall positive market sentiment because of the thumping win that BJP-led NDA registered in Maharashtra. Over the past two months, FPIs have been aggressively selling in the India stock market.

The dazzlingly bright fine jewellery store had all kinds of glitzy items on display, but there were only four customers checking them out when Mint visited it on a Wednesday evening earlier this month. The manager candidly told us most visitors arriving after browsing the website Bluestone.com, and rarely looking for wedding jewelry, unlike traditional retailers like C. Krishniah Chetty or others.

The Karnataka High Court has stayed a National Company Law Tribunal (NCLT) order that barred Byju’s-owned Aakash Educational Services from passing a resolution to amend its Articles of Association (AoA). The resolution was an attempt to reduce the influence of minority shareholders, the investors had argued, accusing Byju’s of trying to giving a greater say to big investors like Manipal Education.

U.S. stock index futures were flat on Tuesday, as investors paused following several sessions of gains and weighed the implications Donald Trump's tariffs on top trade partners could have on the local economy. The president-elect said he would impose a 25% conditional tariff on Canadian and Mexican imports that could violate a free-trade deal he negotiated during his previous term.

Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings.

Dalmia Bharat's Q2FY25 revenue dropped 2% YoY due to lower realizations, despite an 8% YoY volume increase. EBITDA fell 26% YoY, with margins declining to 14.1%. The company guides for long-term EBITDA of Rs. 1,100-1,200/tonne and expects cost reductions of Rs. 150-200/ton in 3 years. The target price is Rs. 2,080, maintaining a BUY rating.

The US economy's strong growth, driven by productivity gains and a growing workforce, is not expected to overheat, and the Fed should support it by keeping interest rates low, while policymakers should focus on encouraging entrepreneurship and innovation to sustain the growth momentum. Real GDP is on track to exceed its pre-pandemic trend for the second straight year.

Reported Standalone quarterly numbers for Relicab Cable Manufacturing are: Net Sales at Rs 11.12 crore in September 2024 up 29.19% from Rs. 8.61 crore in September 2023. Quarterly Net Profit at Rs. 0.81 crore in September 2024 up 155.03% from Rs. 0.32 crore in September 2023. EBITDA stands at Rs. 1.63 crore in September 2024 up 50.93% from Rs. 1.08 crore in September 2023.

Reported Standalone quarterly numbers for Plaza Wires are: Net Sales at Rs 47.84 crore in September 2024 down 0.31% from Rs. 47.99 crore in September 2023. Quarterly Net Profit at Rs. 0.16 crore in September 2024 down 89.97% from Rs. 1.55 crore in September 2023. EBITDA stands at Rs. 1.21 crore in September 2024 down 69.44% from Rs. 3.96 crore in September 2023.

India’s second-largest information technology services firm Infosys has issued an 85 percent bonus to eligible employees for the second quarter ending September 30 of the current fiscal (FY25), sources told Moneycontrol. The letters informing employees about the variable payouts were sent on November 25 and 26. The bonus will be distributed to Band 6 and below employees.