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The recent advancement of the regulatory bill by the US congressional committee signifies a groundbreaking effort to provide much-needed clarity to the evolving crypto industry

Warship maker GRSE shares rallied 13% to Rs 661 on BSE after the company reported its best-ever net profit of Rs 77 crore in the June quarter. The firm saw a 54% rise in net profit as compared to the Rs 50 crore it reported in the year-ago period.

Revenue from operations during the first quarter dropped 21% to Rs 1,778 crore, compared with Rs 2,255 crore in the same quarter of last year.

According to Trendlyne Data, Punjab National Bank and City Union Bank of India are the top banks with the highest NPAs in Q1 FY24.

The stock quoted a 52-week high price of Rs 652.2 and a 52-week low of Rs 412.2.

"The asset quality has never deteriorated. It is only the NPAs which have gone up. I have always been saying that the NPAs are only technical NPAs and for all these loans which are NPAs, the realisable value is still more than what is due on interest and principal. We have just given a little more time to the customers rather than auction the gold. "

When you try to make a quick buck, you pay a lot of attention to what’s hot and sizzling at the moment. This invariably means flipping your investments every now and then to chase the ongoing trend. But just like fashion, trends keep changing faster than you can keep pace with them and you never settle with your investments.

A total of 119,926 shares changed hands on the counter till 02:05PM (IST)

"As far as the top line is concerned, definitely there will be growth compared to last year. That is quite evident from the order backlog, which we are carrying, which is at a historic high. As far as new orders are concerned, our order intake will be more than what we are going to execute this year. We are now very well poised in a couple of orders to the tune of Rs 1,500 crore. "

The sharp fall in the net profit was due to muted sales growth and a sharp deterioration in operational performance. Meanwhile, its total expenses for the quarter rose to Rs 7,691 crore from Rs 7,038 crore a year ago.