Fri, Apr 26, 2024 5:35 PM
Nifty Bank snaps 5-day winning streak; support seen at 48,000 next week
A Flip by Shubhangi Gupta
U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year. Expectations for rate cuts by the U.S. central bank have been tempered as the year has progressed, as inflation has proven stickier, and some investors had begun to worry.
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In Q4 FY24, the promoter's holding surged to 94.97 percent, a remarkable rise from the previous 0.01 percent. The company's stock is consistently hitting upper circuits. Ujaas Energy Limited is engaged in the generation of solar power, manufacturing, sales, and services of solar power plants or projects, as well as manufacturing and sales of electric vehicles.
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Gujarat Gas reported a 11 percent jump in net profit to Rs 409.54 crore in the quarter ended March 31, compared to Rs 369.22 in the year-ago period, according to an exchange filing issued on May 6. Sequentially, the profit surged 85.9 percent from Rs 220.34 crore in the December quarter, according to the filing.The company’s revenue from operations jumped 5.4 percent to Rs 4,293.86 crore.
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