Tag: Jio Financial

Jio Financial Q2 profit doubles from previous quarter
Business

Jio Financial Q2 profit doubles from previous quarter

BENGALURU:Jio Financial Services (JFS) on Monday said its second-quarter profit doubled from the previous quarter, in its first results report after being carved out from billionaire Mukesh Ambani's Reliance Industries and listed on stock exchanges.Consolidated profit after tax for the three months ended September 30 rose to 6.68 billion rupees ($80.27 million) from 3.32 billion rupees in the April-June quarter, JFS said in a regulatory filing.It did not give consolidated profit figures for the year-ago quarter.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) { return; } (function(f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function() { n.callMethod ? n.callMethod(...arg...
Sensex, Nifty remain range-bound; Metal index gains 1.5%
Business

Sensex, Nifty remain range-bound; Metal index gains 1.5%

Stock market LIVE updates: Equity markets were range-bound with negative bias on Monday as investors juggled between Q2-FY24 quarterly results of India Inc and geopolitical tensions between Israel and Gaza. The S&P BSE Sensex quoted at 66,245 levels, down 38 points or 0.06 per cent. The Nifty50, on the other hand, hovered around 19,750-mark.  In the broader markets, the BSE MidCap and SmallCap indices outperformed the market by rising 0.39 per cent and 0.52 per cent, respectively. Among individual stocks, shares of Delta Corp tanked 11 per cent after the company's subsidiary received notice for a goods and services tax of Rs 6,384 for payment of the shortfall tax. READ MORE Shares of Gujarat State Fertilizers & Chemicals Limited (GSFC) rallied 9 per cent on t...
Nifty holds 19,500, down 50pts; Paytm, Nykaa jump 3%
Business

Nifty holds 19,500, down 50pts; Paytm, Nykaa jump 3%

Stock market LIVE updates: The benchmark S&P BSE Sensex weakened in noon deals owing to selling pressure in IT, metal and financial shares. The BSE Sensex touched a low of 45,488, but thereafter recovered partially and was down 150 points at 65,520 levels. The Nifty50 was seen holding the 19,500-mark. ...Read More
Stocks to Watch: IDBI Bank, Jio Financial, Axis Bank, Ashok Leyland, Titan, and Others
Business

Stocks to Watch: IDBI Bank, Jio Financial, Axis Bank, Ashok Leyland, Titan, and Others

Stocks to Watch on August 21: Nifty futures traded 17.5 points, or 0.09 per cent, lower at 19,312, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that will be in focus today for various reasons.Titan: Titan has acquired an additional 27 per cent stake in omni-channel jewellery brand CaratLane for Rs 4,261 crore. Titan is buying shares owned by CaratLane founder and his family members “representing 27.18 per cent", the company said in a statement.IDBI Bank: The proposed sale of the government’s stake in IDBI Bank is unlikely to happen this fiscal, posing a challenge to the Centre’s ability to meet the Rs 51,000 crore disinvestment target for the year. The government expected more than Rs 15,000 crore from the IDBI Bank stake sale, the financi...