Fri, Nov 8, 2024 11:16 AM
Nvidia surpasses $3.6 trillion market value after Trump win
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Indian Metals & Ferro Alloys Ltd (IMFA) shares gained 10.3% on Friday, November 8, after the company reported strong earnings for the September quarter. The company’s consolidated profit after tax (PAT) increased swiftly by 40% on a year-on-year (YoY) basis to ₹125 crore in the second quarter of the current financial year, up from ₹89.2 crore in the same period last year.
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Sharekhan's research report on Indian Hotels Company: Indian Hotels Company Ltd’s (IHCL’s) Q2FY2025 performance on like-for-like (LFL) basis was strong despite a lean season with hotel business revenues growing by 16% y-o-y and EBIDTA growing by 30% y-o-y. Consolidated (including Taj SATS) revenues/EBIDTA grew by 27%/41% y-o-y, respectively.
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Ola Electric‘s shares hit a fresh record low on Friday after recovering from its previous lows a day earlier. What Happened: The Bengaluru-based electric vehicle firm plunged to ₹73.05 to hit a new record low. Earlier in the week, the stock hit its lowest levels for two consecutive trading sessions on Tuesday and Wednesday.
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