NIFTY slipped 0.7% on widespread profit booking. Midcaps corrected steeper. Defence continued to shine.
The week ending May 16th was among the worst weeks for Gold in recent history. As trade tensions eased, Gold corrected more than 4% in that week
The business posted a consolidated net profit of ₹1,501 Crore, registering a growth of 14% on a year-on-year basis.
The company also said this issue relates to the entire industry where the GST department has sent notices to various other gaming companies prior to this.
The company has not yet determined the record date for deciding the entitlement of the shareholders to receive bonus shares in due course.
The company's revenue from operations was up 15.6% to ₹814 crore against ₹704 crore in Q4 FY24.
The business also announced aggressive plans to diversify into competitive tyre segments via hefty capital expenditure.
The 90-day pause on Trump's reciprocal tariff announcement on countries shall also end on July 9, 2025.
The two stocks that have touched their 52-week highs are ICICI bank and HDFC Life
West Coast Paper Mills EBITDA margin plunged by 810 bps YoY to 7.8% vs healthy 15.9% in Q4FY2018.
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