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STOCK MARKET UPDATES 24/04/2024



 

*    RIL, JSW Neo, and Amara Raja are among 7 bidders for gigawatt battery production.

*    General Motors beats quarterly results targets and raises annual forecast.

*    Extreme weather conditions may pose an inflation risk, says RBI Bulletin.

*    Spice Board of India tells Everest, MDH to give details of quality checks.

*    Apple's Q1 smartphone shipments in China are down by 19%, the worst since 2020.

*    Spotify Q1 results: Revenue increases by 14%, in line with estimates.

*    Genpact launches artificial intelligence innovation center in Gurugram.

*    UBS gets backing for a capital plan, and Ermotti pays from Norway's wealth fund.

*    Lenovo launches Intel Core Ultra 9 powered IdeaPad Pro 5i laptop in India.

*    Air India enters into codeshare pact with Japan's All Nippon Airways.

*    UK businesses expand at fastest pace in 11 months, shows PMI survey.

*    Patel Engineering launches QIP issue with a floor price of Rs 59.50 per share.

*    Agri exports fall 9 pc to $43.7 bn during Apr-Feb 2024 due to global, and domestic factors.

*    The telecom industry sees growth in AGR led by Bharti Airtel and Reliance Jio.

*    Office space leasing is expected to reach 61 million sq ft in 2024.

*    NCLT adjourns hearing in Byju’s rights issue case to June 6.

*    UP RERA penalizes homebuyers for repeatedly filing complaints with the authority.

*    Spotify's monthly user numbers miss estimates on lower promotions.

*    FPI portfolio AUM hits record amid rising exposure to capital goods and auto stocks.

*    WhiteOak Mutual Fund files draft with Sebi for Special Opportunities Fund.

*    Awfis Space Solutions receives SEBI nod for IPO launch.

*    Expect capex for EV components to cross Rs 25,000 crore in the next 3-4 years: ICRA.

*    Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30.

*    Cyient DLM Q4 results: Net profit rises to ₹22.7 crore, revenue at ₹362 crore.

*    OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024.

*    BharatPe launches payment device BharatPe One with integrated POS.

*    Patanjali in court: SC pulls up company, warns FMCG firms against misleading ads.

*    RBI sets premature redemption price for SGBs; investors to get ₹7,325 per unit.

*    Paints Sector: Inflation and intensifying competition pose a double threat.

*    Tata Consumer Products Q4 Results: Net profit drops 22% to ₹267 crore.

*    NSE to waive Transaction charges for F&O contracts on Nifty Next 50 Index.

*    Nelco Q4 Result: Net profit rose to ₹6.1 crore, revenue at ₹81.6 crore.

*    Rama Steel Tubes board approves raising funds to ₹500 crore via share Issue.

*    Jaguar Land Rover (JLR) to recall 2,409 US vehicles as passenger airbags may tear.

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