New Delhi, July 24 (IANS) Steel Authority of India Limited (SAIL) on Friday reported a 10.4 per cent sequential decline in its consolidated net profit for the April-June quarter (Q1 FY27), as lower revenue and other income weighed on the state-run steelmaker’s earnings.The company posted a consolidated net profit of Rs 1,644 crore for the quarter ended June, compared with Rs 1,835 crore in the January-March quarter (Q4 FY26), according to its stock exchange filing.Revenue from operations decline…
Latest National Stock Exchange News & Updates
New Delhi, July 24 (IANS) Shares of Motilal Oswal Financial Services (MOFSL) slumped as much as 11 per cent on Friday, extending losses for a fourth consecutive session, even as the financial services firm reported a strong set of earnings for the June quarter (Q1FY27), driven by robust growth in its asset management and wealth businesses.The stock opened marginally higher at Rs 944.50 but quickly reversed course, falling to an intra-day low of Rs 839.90 on the National Stock Exchange (NSE).Duri…
Mumbai, July 23 (IANS) Infosys Limited on Thursday reported a consolidated net profit of Rs 7,775 crore for the first quarter of FY27, down 8.6 per cent from Rs 8,509 crore in the January-March quarter.On a year-on-year basis, however, the Bengaluru-headquartered IT major registered a 12.3 per cent increase in profit from Rs 6,921 crore reported in the corresponding quarter of the previous financial year (Q1 FY26), according to an exchange filing.Revenue from operations rose to Rs 48,211 crore d…
New Delhi, July 23 (IANS) The dominance of the National Stock Exchange (NSE) in the equity options (premium value) segment has decreased over the past three financial years, with its market share shrinking by more than 22 per cent, according to data from the exchange’s annual reports and Red Herring Prospectus (RHP).The data showed that NSE’s market share in the equity options (premium value) segment stood at 96.9 per cent in FY24. It declined to 87.4 per cent in FY25 and further dropped to 74.7…
Mumbai, July 22 (IANS) Dr Reddy’s Laboratories on Wednesday reported a 69 per cent year-on-year (YoY) decline in its consolidated net profit for the first quarter of FY27, with earnings taking a hit from lower revenues in its global generics business, declining North America sales and disruptions in semaglutide supplies.According to the company’s regulatory filing with the National Stock Exchange (NSE), net profit attributable to the owners of the company stood at Rs 4,435 crore during the April…
Mumbai, July 21 (IANS) State Bank of India (SBI) has no plans to dilute its stake in SBI Funds Management following the asset management company’s stock market debut, Chairman C.S. Setty said on Tuesday, adding that the public listing was aimed at giving retail investors an opportunity to participate in the company’s growth.Setty told reporters that we are not looking for any dilution in SBI Funds after the listing ceremony here.Setty said the listing forms part of SBI’s broader strategy of crea…
New Delhi, July 18 (IANS) Union Minister for Consumer Affairs, Food & Public Distribution and New & Renewable Energy Pralhad Joshi commissioned a White Rabbit Technology‑based Indian Standard Time dissemination demonstration network at the Regional Reference Standard Laboratory in Bengaluru, an official statement said on Saturday.The Demonstration Network enables secure dissemination of UTC (NPLI)-traceable Indian Standard Time using Precision Time Protocol (PTP)-based White Rabbit tec…
Bengaluru, July 17 (IANS) Union Minister for Food, Public Distribution and Consumer Affairs Pralhad Joshi has praised the significant contribution of the Indian Space Research Organisation (ISRO) and the Council of Scientific and Industrial Research–National Physical Laboratory (CSIR-NPL) in advancing the Centre’s ambitious “One Nation, One Time” initiative. Speaking during his visit to ISRO in Bengaluru on Thursday, Union Minister Joshi said the premier space agency continues to symbolise Ind…
New Delhi, July 16 (IANS) Newgen Software Technologies Ltd reported a sharp decline in Q1 FY27 earnings on Thursday, with net profit dropping 40.9 per cent sequentially as revenue and operating profit contracted, according to an exchange filing.The company said net profit fell to Rs 62.8 crore in the June quarter of FY27 from Rs 106 crore in the previous quarter.Revenue eased 21.2 per cent sequentially to Rs 357 crore, down from Rs 453 crore in the previous quarter. At the operating level, earni…
Mumbai, July 13 (IANS) The National Stock Exchange (NSE) Managing Director and CEO Ashishkumar Chauhan’s remuneration increased by about 41 per cent over the last two financial years to Rs 15.88 crore in FY26, according to the exchange’s draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) ahead of its proposed initial public offering (IPO).The DRHP showed that NSE CEO Chauhan received remuneration of Rs 15.88 crore (Rs 158.88 million) in FY26, compare…