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Bed Capacity increased to 1,605 beds, with operationalization of 200 bedded Faridabad hospital. Occupancy improved to 61% in Q1, compared to 51% previous year. ARPOB improved to Rs. 30,551, up 9% YoY.

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Manoj Kumar Jhawar, Chairman and Managing Director (Addl Charge) and Director (Commercial & Operation), PTC India, said, "The unusual changes in demand pattern, partly due to extreme weather conditions during the quarter saw high electricity demand and mismatches. The flat volume achieved in this scenario represents the balanced portfolio composition of the company".

Total expenses in the quarter under review went up by 14.8% to Rs 8,881.99 crore. The company sold 15.35 lakh two-wheelers last quarter, which is an increase of 13.5% over 13.53 lakh units sold in the year-ago period.

IRCTC Q1 Results: State-run Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported 33% growth in its consolidated net profit at Rs 308 crore in the first quarter ended June 2024.

Nifty ended Tuesday’s session 208 points lower above 24,100-level to form a long negative candle on the daily chart, indicating the possibility of downside breakout of the range movement.

Short covering involves buying shares to close out a short position, indicating a shift from bearish to bullish sentiment. On Tuesday, five stocks experienced short covering.

Nithin Kamath observed that successful IPOs benefit the markets by encouraging more companies to pursue IPOs and attracting increased interest from both retail and institutional investors.

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The Indian rupee ended nearly unchanged on Tuesday as intervention by the central bank helped avert a fall to the key psychological support level of 84 to the dollar.

Nykaa Q1 Results: FSN E-Commerce Ventures, the company behind Nykaa, announced a consolidated net profit of Rs 13.64 crore for the quarter ended June 30, 2024, marking a 152% increase from last year. Revenue rose to Rs 1,746.11 crore, up 23%.

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