Investyadnya.in
January 24, 2025 at 01:43 AM
Stock Market News (Quick Updates) 24th January 2025 Watch the full video here- https://youtu.be/_KvWI9nH3Z4 World Market Trump's Davos Speech - Urged companies to manufacture in the US or face tariffs - Promised tax cuts for US manufacturers & aims to lower oil prices to end Ukraine war. Jobless Claims Rise - Continuing claims hit a 3-year high - Layoffs are lasting longer, even if they're low Stock-specific News Tejas Networks Q3 Results - Revenue and profit down QoQ but strong YoY growth due to BSNL - New Chief Strategy and Business Officer joined from Nokia. UltraTech Cement Q3 Results - Net profit down YoY, but exceeded market expectations. - Rural sales grew while urban demand slowed. Kotak Acquires Loan Book - Acquired Standard Chartered India's personal loan book for ₹3,330 crore - Aims to grow in 'Salaried Affluent' segment Sona BLW Q3 Results - Net profit and revenue saw double digit YoY growth. - BEV revenue at record high of 39% of total revenue V2 Retail Q3 Profit Soars - Net profit rose by 117.18% YoY in Q3 - Store expansions driven by strong sales growth Solar Industries Investment - ₹12,700 crore investment in Nagpur defence project. - Focus on drones, counter-drone systems, and military transport aircraft. Mankind Pharma Q3 Results - PAT falls by 16.5%, while revenue rises by 24% - Market share grew due to acquisition and gynaecology sector. Nippon India AMC Q3 Results - Net profit increased 4% - Revenue from operations rose by 39 per cent Dr Reddy's Q3 Results - PAT rises 2.5% and revenue up 16% - Driven by new products and European/emerging markets growth. Indus Towers Q3 Results - Net profit rises 160% - Driven by tower additions & overdue payment collections.
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