IRCTC reported a 32.5% on year increase in net profit for the quarter ended June to ₹307.72 crore from ₹232.21 crore
The market breadth was positive, with 1,553 shares advancing, 854 shares declining, and 133 shares remaining unchanged.
Here are some of the stocks that may see significant price movement today: Hero MotoCorp, Vedanta, Sansera Engineering, etc.
The company’s 4G subscriber base continued its growth for the twelfth consecutive quarter, rising to 126.7 million from 122.9 million in the previous quarter.
Additionally, the BSE Midcap and Smallcap indices both lost 1% during the session.
The Firstcry IPO was subscribed 12.22 times in total, with offers for 60.64 crore equity shares vs 4.96 crore shares on the sale.
The company expects to raise 160.01 crore from its initial offer, including 104 crore through fresh shares.
The sharply lower IIP growth for June 2024 came despite the lower base in the year ago period
On August 12, 2024, the company received a Letter of Intent (LoI) for acquiring a Project Special Purpose Vehicle (SPV) named Bhadla-III Power Transmission Ltd.
This initiative intends to address the growing need for digital transactions and changing market expectations.
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