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Posted on February 12, 2025, by Niftynews Power Finance Corporation (PFC), the state-owned financial services giant, has recently reported its third-quarter results for the financial year 2024-25. The company showed a strong performance in certain areas, but its loan growth remained below expectations. Despite the weaker loan growth, PFC rewarded its investors with an attractive dividend…
Posted on February 12, 2025, by Niftynews Lupin share prices have surged by nearly 6% after the pharmaceutical company posted impressive financial results for the quarter ended December 2024 (Q3 FY25). The stock initially saw a dip of 3.2%, reaching an intra-day low of ₹2,000.10 early in the day. However, the Lupin share price quickly recovered,…
Posted on February 12, 2025, by Niftynews The Reliance share price has hit a 52-week low, falling over 3% on Wednesday, February 12, 2025, and extending its decline to the fourth consecutive session. The stock dropped by as much as 3.31%, reaching a fresh 52-week low of ₹1,193.65 per share on the BSE, reflecting increased selling…
Posted on February 12, 2025, by Niftynews Shares of Steel Authority of India Ltd (SAIL) rose by 3.5% in early trade on February 12, 2025, following the release of its Q3FY25 results. Despite a sharp 66% decline in net profit due to increased expenses and pricing pressures, the SAIL share price attracted buying interest as SAIL…
Posted on February 12, 2025, by Niftynews The much-awaited New Income Tax Bill is set to make a major overhaul of the Indian tax system, with the proposal to introduce 23 chapters and 16 schedules. The bill is aimed at simplifying the tax framework, reducing paperwork, and enhancing compliance for both taxpayers and the tax department….
Posted on February 12, 2025, by Niftynews The market is Falling today as Sensex and Nifty both face significant declines on February 12, 2025, continuing a six-session losing streak. Investors are concerned about global economic factors, such as U.S. tariffs and inflation, which are weighing heavily on market sentiment. Additionally, weak earnings reports from key companies…
National Fertilizers Ltd (NFL) shares took a steep dive on Tuesday, February 11, following the release of the company’s Q3FY25 results, which revealed a significant year-on-year (YoY) decline in net profit. The Navratna public sector undertaking reported a 69.64% drop in net profit for the quarter ended December 31, 2024, leading to negative investor sentiment…
Signature Global (India) Ltd, a prominent real estate developer, announced a significant surge in its financial performance for the December 2024 quarter (Q3FY25). The company reported a multi-fold increase in its consolidated net profit, soaring to ₹29.13 crore, a dramatic rise from ₹2.17 crore recorded in the same period last year. This remarkable growth reflects…
Posted on February 11, 2025, by Niftynews Apollo Hospitals shares saw a significant drop of over 7% on February 11, despite reporting better-than-expected earnings for the third quarter (Q3) of the financial year. The hospital major’s Q3 result showed impressive growth in net profit and revenue, yet the stock faced heavy selling pressure, exacerbated by high…
Posted on February 11, 2025, by Niftynews Shares of Grasim Industries experienced a mixed response after the company announced its Grasim Q3 result on February 11, 2025. Despite an 8.84% revenue growth, the company faced a significant 29.15% drop in net profit for the quarter. The decline in profits was primarily attributed to challenges in the…