GAGA Share Market News

[hfe_template id='11223'] [ad_1] Benchmark equities rose on Tuesday as stock markets continued the winning march for the third straight day on the back of gains. In today's trade shares of PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, Cipla among others will be in focus due to various news developments and quarterly results. PFC, Mankind Pharma, RVNL, Dixon, Titagarh PFC, Mankind Pharma, RVNL, Dixon and Titagarh will be in focus as the companies will announce their fourth quarter results today. Patanjali Foods Patanjali Foods posted a 22% drop in its standalone net profit at Rs 206 crore for the quarter ended March 2024, compared with Rs 264 crore in the year-ago period. Bharti Airtel Telecom major Bharti Airtel on Tuesday reported 31% fall in its consolidated net profit at Rs 2,072 crore for the quarter ended March 2024. Siemens The Board of Siemens has approved a scheme of arrangement, under which the energy business will be demerged into a separate...

[hfe_template id='11223'] [ad_1] Mumbai: Sixteen domestic mutual funds, which held shares of ICICI Securities, voted in favour of parent ICICI Bank's proposal to delist the broking arm, according to data compiled by primeinfobase.com. Seven fund houses opposed the plan in the voting process held on March 27, the data showed. The terms of the proposal were controversial with a section of the shareholders opposing it. However, a majority of ICICI Securities' public shareholders favoured the delisting in the voting process. Mutual funds, including Kotak, Mahindra Manulife, Samco, Quantum, ITI, LIC and Baroda BNP, voted against the resolution. Asset management companies which voted in favour, were UTI, Axis, Aditya Birla, HDFC, ICICI Prudential, Nippon, Mirae Asset, DSP, SBI, Sundaram, Bandhan, and NJ, among others. The reason cited by Kotak Mutual Fund for being against the proposal was that parent ICICI Bank did not give ICICI Securities' minority shareholders ...