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Consumer durable maker Whirlpool of India Ltd on Friday reported a 40.13 per cent rise in its consolidated net profit to Rs 53.53 crore in the September 2024 quarter, helped by volume growth and cost productivity actions.

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As per the data, Prazim Trading and Investment Company purchased 8,49,54,128 shares, amounting to a 1.62 per cent stake in Bengaluru-based Wipro.

Welspun Corp on Friday reported around 27 per cent fall in consolidated net profit at Rs 282.96 crore for September quarter, mainly on account of fall in income. It had posted Rs 386.57 crore net profit for July-September 2023, the company said in an exchange filing.

An analysis of the Nifty 200 index reveals five companies that achieved over 50% year-over-year sales growth in the June 2024 quarter, indicating robust business expansion:

The Indian rupee hit a record low of 84.38 per dollar intraday on Friday but closed at 84.375, largely unchanged, due to RBI intervention. It fell 0.66% during the week, impacted by rising US dollar strength following Trump’s election win.

Fortis Healthcare on Friday said its consolidated net profit increased by 5 per cent year on year to Rs 193 crore for the second quarter ended September 30, 2024, aided by strong performance by the hospital segment.

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Revenue from operations in the second quarter is expected to decline slightly by 0.2% year-on-year, based on an average of four brokerage estimates. Net profit is projected to decrease by 7% year-on-year, with operating margins and profit also likely to fall due to negative operating leverage and rising costs amid increased competition.

CK Birla group firm Orient Cement Ltd on Friday reported a 90.5 per cent decline in net profit to Rs 2.32 crore for the second quarter ended September 2024. The company reported a net profit of Rs 24.62 crore for the July-September quarter a year ago.

Open interest (OI) data showed the highest OI on the call side at the 24,200 and 24,300 strike prices, while on the put side, the highest OI was at the 24,000 strike price, followed by 24,100.

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Self-drive car-sharing platform Zoomcar on Friday said it has raised USD 9.15 million (about Rs 76 crore) from institutional investors. The proceeds will be used for repayment of approximately USD 3.8 million in debt and the remaining amount for general corporate purposes and working capital needs.

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