Earnings before interest, taxes, depreciation, and amortization (EBITDA) also witnessed a decline from ₹50 Crore to ₹34.5 Crore year-on-year.
UTI AMC holds the highest costs as a percentage of AUM at 26bp for FY24 among its listed peers, mainly due to steep costs in non-officer category employees.
Vodafone Idea's stock price was ₹13.45 on the NSE at 12:20 p.m., down 3.24% from the previous closing.
According to the existing permit deadlines, Tata Steel anticipates ordering equipment for the electric arc furnace by September 2024
Approval from lenders comprising 75% by value is necessary for the demerger, with consent secured from multiple private lenders already.
U.S. West Texas Intermediate crude futures increased by 33 cents, or 0.39%, to $83.90 a barrel, while Brent crude futures gained 34 cents, or 0.38%, to $89.35 a barrel.
Tech Mahindra secured net new deals worth $500 million in Q4 FY24, showing improvement from the previous quarter.
The Bank of Japan maintained its target range for short-term interest rates at 0-0.1% and forecasted inflation to remain at 2% for the following three years.
Despite slow first-quarter economic growth in the U.S., inflationary pressures have strengthened, reducing expectations of interest rate cuts before September.
Last month, Adani Green issued a $409 million dollar note, which was oversubscribed seven times, indicating strong investor confidence despite previous controversies
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.