News Overview

Kotak Mahindra is the only stock that hit 52-week high in Sensex and Nifty

Standalone revenue grew 19% YoY, coming in at ₹1,611 crore from ₹1,355 crore in Q3 FY24, boosted by higher sales, even as profits took a hit.

The SIP flows in January 2025, marked the second consecutive month above the ₹26,000 Crore mark

For January 2025, passive funds reported a 50.9% growth in folios and a 26.6% growth in AUM on a yoy basis.

The 35.2% yoy growth in mutual fund folios in January 2025 is slightly lower than the previous month, due to SIP closures

Mutual fund AUM at ͅ₹67.25 Trillion was marginally up by 0.48%, as strong inflows offset the price erosion

The new railway signalling and safety division will focus on developing and installing systems that improve operational efficiency and security.

Quarterly expenses were ₹840.57 crore against ₹815.79 crore in the same quarter of previous year.

The beauty segment witnessed a 32% year-on-year GMV growth, with sales going up from ₹2,569.6 crore to ₹3,389.9 crore.

On Feb 12, indices close red for the 6th consecutive session.