Wed, Feb 7, 2024 12:42 PM
Kotak analysts refuse to ride PSU stock rally, see threat to profitability
A Flip by Avya Verma
ICICI Securities has paid Rs40.2 lakh to settle allegations of violations of Stock Broker Regulations. According to a settlement order issued by the SEBI on December 6, the brokerage filed its application on July 18 and the settlement terms were communicated to the brokerage on December 13, 2024.On January 1, 2025, the brokerage informed SEBI about the remittance of the amount.
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📌Info Edge, parent company of 📌Naukri.com, reported a 15.8% year-on-year increase in standalone billings for Q3 FY25, reaching ₹668.3 crore, driven by strong growth in its core recruitment solutions segment. The company's nine-month standalone billings rose 13.7% to ₹1,897.9 crore, with the stock gaining 70.66% over the last year.
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RasKik Gluco Energy combines electrolytes, glucose, and real lemon juice and marks RCPL’s strategic entry into the rehydration category. Shares of Reliance Industries Ltd ended at ₹1,218.20, down by ₹33.15, or 2.65%, on the BSE. RCPL is also positioning itself as a "total beverage consumer product company" that resonate with the everyday needs of the Indian consumer.
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