The net interest income (NII) of Union Bank of India saw a notable growth of 6.5%, climbing to ₹9,412.1 Crore from ₹8,839.7 Crore year-on-year.
The company plans to introduce the VIDA electric scooter to international markets, building on its success in India, as noted by Executive Chairman Pawan Munjal.
Here are some of the stocks that may see significant price movement today.
Despite this revenue growth, the company faced challenges due to a contraction in refining margins, influenced by a 30% decline in gasoline cracks
The rupee weakened on the back of dollar stability but higher India CAD expectations
The business intends to use the net funds from the new offering to develop its Dhule plant, repay debt, and for other general corporate reasons.
For the second week in a row, the story was all about the large caps, as mid-caps saw deep cuts in the week
The full Union Budget 2024-24 on 23-July is likely to set the tone for the markets in the coming week
Indian markets are expected to open lower today due to pre-budget jitters and profit booking after recent gains.
FPIs net bought $1,845 Million in the week to July 19th, taking the equity infusion over last 6 weeks to $8.65 Billion
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