Sat, May 4, 2024 11:00 AM
Federal Reserve's Bowman says inflation to remain elevated for 'some time"
A Flip by Avya Verma
Shares of Suraj Products Limited were locked in the upper circuit on Saturday, gaining 5.00 per cent. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit. In the last six months, the stock has gained more than 200 per cent.
Open Flip
Shares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.For fiscal year 2024, the board of directors also announced a final dividend of Rs 1.50, equivalent to 150% of the face value of equity shares.
Open Flip
Of the five goals Rishi Sunak set for himself at the start of 2023, he met just one — halving inflation by the end of last year. On Wednesday, he may be able to go further and declare victory over the cost-of-living crisis, with the consumer price growth forecast to drop to near the 2% target and hit its lowest level since July 2021.
Open Flip
