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Axis Bank on Wednesday reported a standalone net profit of Rs 6,035 crore for the quarter ended June 30, 2024 which was up by 4% year-on-year.

Aggregate holdings of foreign portfolio investors (FPI) in index-eligible fully accessible route (FAR) government bonds increased by ₹1,963.7 crore to ₹1.9 lakh crore on Tuesday, following the presentation of the FY25 budget.

Hitachi Energy India on Wednesday posted four-fold jump in net profit to Rs 10.4 crore for June quarter FY25 mainly due to higher revenues. The company had reported a net profit of Rs 2.4 crore for the year-ago period, it said in a BSE filing.

52-week high is the peak value a stock has reached over the preceding year. Its crucial for traders and investors.

Musk hypes everything but cars. The electric automaker reported a five-year low-profit margin and missed earnings estimates for the fourth consecutive quarter. Despite its market value of $785 billion surpassing other automakers, analysts caution that this valuation relies on future technologies yet to be realized.

Home textiles major Welspun Living Ltd on Wednesday reported a 14.3 per cent increase in consolidated net profit to Rs 185.95 crore in the June 2024 quarter. The company posted a consolidated net profit of Rs 162.73 crore in the quarter last fiscal, Welspun Living said in a regulatory filing.

Auto industry-focused KPIT Technologies on Monday reported a 52 per cent jump in its net profit to Rs 204.2 crore for the March 2024 quarter on higher revenue growth and profit margins. The Pune-headquartered company had posted a post-tax net of Rs 134 crore in the year-ago period.

Alphabet fell more than 3% on Wednesday on fears that its rising investments in AI infrastructure would squeeze margins and YouTube was facing tough competition for ad dollars.

The alloy manufacturer’s consolidated net profit slipped by a little over a fifth on year to Rs 1,338 crore during the quarter from Rs 1,692 crore a year ago. The company’s tax expenses were at 521.13 crore, up nearly seven times from Rs 74.75 crore a year ago.