👉 Asia shares also fell on the possibility of the Fed Reserve maintaining an assertive stance on inflation.
👉 Crude oil surpassed $120 a barrel as shortage worries continue.
👉 Adani Transmission decided to acquire Essar's Mahan-Sipat transmission project for Rs 1,913 crore.
👉 INR closed at Rs 77.63 against the USD on Friday.
Reported Standalone quarterly numbers for Mahindra and Mahindra are: Net Sales at Rs 25,436.05 crore in March 2024 up 12.69% from Rs. 22,571.37 crore in March 2023.Quarterly Net Profit at Rs. 2,038.21 crore in March 2024 up 31.58% from Rs. 1,548.97 crore in March 2023.EBITDA stands at Rs. 3,666.19 crore in March 2024 up 17.09% from Rs. 3,131.22 crore in March 2023.
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Reported Standalone quarterly numbers for Rane Holdings are:Net Sales at Rs 26.07 crore in March 2024 up 3.08% from Rs. 25.29 crore in March 2023.Quarterly Net Profit at Rs. 11.15 crore in March 2024 up 103.1% from Rs. 5.49 crore in March 2023.EBITDA stands at Rs. 15.43 crore in March 2024 up 23.24% from Rs. 12.52 crore in March 2023.Rane Holdings EPS has increased to Rs. 7.82 in March 2024.
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For Alphabet investors, the big question that emerged from these developments is whether the advent of generative AI would spell trouble for Google's flagship search. Here are three of the biggest upgrades coming to Google Search and why investors should be buying the stock like there's no tomorrow. ✅AI Overviews ✅Video search powered by AI ✅Meal and travel planning.
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