News Overview

The Bombay Stock Exchange (BSE) has raised the circuit limit for 331 stocks, such as IFCI, Mahanagar Telephone Nigam, and Kesoram Industries, from 5% to 10%.

Among sectors, banks, power, and information technology are up 0.5-1%, while PSU Bank, oil & gas index is down 0.5-1%.

Gross advances made by the bank during the quarter came to Rs 85,640 crore, a 19% YoY growth and a 5% QoQ increase.

According to a release, PFC has given its shareholders an interim dividend totalling ₹3,630 Crore for the fiscal year 2023–2024, which is the highest sum the company has ever paid out.

Conversely, the healthcare and food and beverage segments are anticipated to register low single-digit growth.

Vedanta Limited, led by Anil Agarwal, reported a 18.3% decline in net profit to ₹2,013 Crore in the third quarter of FY24, with revenue growing 4% to ₹34,968 Crore during the same period.

Vistara CEO Vinod Kannan stated that the large number of sick leave days was not the only factor contributing to the shortfall; many pilots had reached their flying duty time limit.

This initiative aligns with the growing interest in India's gaming and sports tech industry, with substantial investments from companies like Krafton and Mixi

AU and Fincare Small Finance Bank's total loan portfolio was worth ₹96490 Crore during that time. Beginning on April 1, the two companies merged.

Revenue per store increased by 7% YoY to ₹140.4 crore, while revenue per sq.ft. increased by 5% YoY to ₹33,451 per sq.ft.