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The companys net profit for the quarter rose 14% on-year to Rs 471 crore and to Rs 725 crore for the financial year 2023-24. The March quarter was the companys highest-ever quarterly sales for the third consecutive quarter with the sale of 5,331 homes with 8.17 million sq ft area sold. ....
Shares of Bengaluru-based Sobha jumped 15.82% to an all-time high closing of Rs 1,296.60 after brokerage Motilal Oswal Financial set a price target of Rs 1,400 on the stock while rating it as one of the top picks for 2024. ....
Real Estate Sector Rallies, But Here Is Why Investors Should Be Cautious swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Here are the top stocks that are likely to be in focus today: Auto stocks: Shares of auto companies will be in focus as they are set to unveil their March sales figures today. Demand sentiments across segments (ex 2W) remains unaffected, despite second concurrent lockdown in certain parts, said analysts at Prabhudas Lilladher. Central Bank of India: The lender said it has cancelled an agreement to sell its stake in housing finance subsidiary to Centrum. Axis Bank: The private sector bank has entered into a share purchase agreement for sale of 100 per cent stake in its subsidiary, Axis Bank UK Ltd, to OpenPayd Holdings. ....
Explore Now Nifty futures on the Singapore Exchange traded 118.50 points, or 0.80 per cent, higher at 14,864.50 in signs that Dalal Street was headed for a positive start on Thursday. Here are a few stocks which may buzz the most in today s trade: NIIT: Skills and talent development firm NIIT said its up to Rs 237 crore buyback offer will open on April 12. On December 24, 2020, NIIT s Board of Directors had approved a proposal for buyback of up to 9,875,000 equity shares for an aggregate amount not exceeding Rs 237 crore. The buyback price has been fixed at Rs 240 apiece. RIL, ONGC: The government left the price of natural gas produced by companies such as ONGC unchanged at a decade-low rate of $1.79 while the same for difficult fields like the one operated by Reliance-BP was cut by 11 per cent to $3.62 per mmBtu from $4.06 per mmBtu at present. ....