Fri, Apr 19, 2024 11:47 AM
Jio Financial Services shares slump 3% ahead of Q4 results today
A Flip by Riya Sharma
Tata Motors‘ share price was up for the third straight session as the company posted its sales numbers for the month of April. What Happened: The auto giant reported a year-on-year increase of 11.5% in total wholesales for April, reaching 77,521 units compared to 69,599 units in April 2023. The company’s total domestic sales also saw a rise of 12%.
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Silver has run up 13% since January, even after a recent correction from the record highs in mid-April. The rising interest in the white metal is reflected in silver ETFs, which now boast over ₹5,000 crore in assets under management (AUM). Prices of silver largely mirror those of gold. But while both are precious metals, though silver is deemed less so, the two differ in many respect.
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Shares of REC Ltd rallied 8.5% to its 52-week high of Rs 550.50 today after the company posted a 33% year-on-year (YoY) growth in its net profit to Rs 4,079 crore for the quarter ended March.The total income for the fourth quarter came at Rs 12,706.66 crore as against Rs 10,254.63 crore in the year-ago period, while the revenue from operations grew nearly 24% YoY to Rs 12,677.18 crore.
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