Domestic equity market closed lower on Friday amid mixed global cues. Sensex fell 365 points to end the session at 65,322 and Nifty slipped 115 points to settle at 19,428
Shares of Hindalco Industries will turn ex-dividend on August 14, 2023. The company has declared an interim dividend of Rs 3 per share
Shares of Tata Metaliks will turn ex-dividend on August 18, 2023. The company has declared a final dividend of Rs 5 per share
Shares of CAMS will turn ex-dividend on August 14, 2023. The firm has declared an interim dividend of Rs 8 per share and a final dividend of Rs 12 per share
FSN E-Commerce Ventures Ltd (Nykaa) reported an 8% YoY rise in net profit at Rs 5.40 crore for the June quarter. Revenue climbed 24% YoY to Rs 1,421.80 crore. Nykaa said profit figure included share of loss of an associate. EBITDA for the quarter surged 60% YoY to Rs 73.50 crore, with EBITDA margin coming in at 5.2%, up 116 basis points over 4% in the year-ago quarter
Two units of Adani group are in talks with merchant bankers to raise as much as Rs 1,500 crore ($181 million) each through local currency bonds as part of the ports-to-power conglomerate's aim to raise Rs 10,000 crore this financial year, a company official and three bankers said
Shares of Vedant Fashions will turn ex-dividend on August 17, 2023. The firm has declared a final dividend of Rs 9 per share
Hindustan Aeronautics Ltd (HAL) reported a consolidated net profit of Rs 814 crore in the first quarter of FY24, which is 31% higher than Rs 620 crore earned in the same quarter last year. However, the net profit dropped 71% in Q1 FY24 from Rs 2,831 crore in the March quarter of FY23. Revenue from operations, meanwhile, jumped 8% to Rs 3,915.35 crore for the June quarter from Rs 3,622 crore in Q1 FY23
Apollo Hospitals Enterprise on Friday reported a 46.6% YoY decline in consolidated net profit at Rs 173 crore in the first quarter of FY24 amid higher expenses. The company, in a regulatory filing to stock exchanges, had posted a consolidated net profit of Rs 324 crore in the same period last fiscal. Total expenses surged 18% YoY to Rs 4,181.9 crore, compared to Rs 3,545 crore in the year-ago quarter of last fiscal, which dragged down the profits
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