From cnbctv18

  • Mahindra and Mahindra shares get an upgrade as analyst sees SUV 3XO as a game changer

    Mahindra and Mahindra shares have the potential to surge 15% , said brokerage firm DAM Capital Advisors and upgraded its rating on the stock to ‘buy.’M&M shares surged almost 2% to ₹2,204 to hit an all-time high during the day on the NSE. The stock was among the top five Nifty 50 gainers and also outperformed the sectoral index Nifty Auto which traded 1.12% higher.In the past year, the stock has given a return of 77% to its investors as against the benchmark Nifty 50 which has risen 25% during...

  • Birlasoft declares dividend of ₹4 per share as Q4 net profit zooms 60%

    Pune-based global IT services provider Birlasoft Ltd on Monday reported a 60.7% year-on-year jump in net profit at ₹180 crore for the fourth quarter that ended March 31, 2024.In the corresponding quarter, Birlasoft posted a net profit of ₹112 crore, the company said in a regulatory filing. The company's revenue from operations increased 11.1% to ₹1,362.5 crore against ₹1,226.3 crore in the corresponding period of the preceding fiscal.At the operating level, EBITDA jumped 32.7% to ₹221.5 crore...