Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value. Bitcoin has gained 50 percent this year and most of the rise has come in the last few weeks when inflows into U.S.-listed bitcoin funds have surged. On Tuesday, it was at $68,500 in Asian hours, reaching a session high of $68,828, a whisker away from the
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Shares of Andhra Cement declined 4.9 percent to Rs 105.35 a piece on the BSE in Tuesday’s intraday trade as the promoter group began offloading partial stakes via an offer for sale. At 11:20 AM, shares of the cement-producing company were off lows, down 1.3 percent at Rs 109.4 per share. The stock also hit an intraday high of Rs 118 per share. The benchmark S&P BSE Sensex was up 0.14 percent at 72,890.79 level.
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Shares of Lumax Auto Technologies rallied 10 percent to hit an all-time high of Rs 496.70 on the BSE in Thursday’s intra-day trade aided by a strong business outlook. The stock of the auto ancillary company surpassed its previous high of Rs 469 on August 6, 2023. Lumax Auto is trading higher for the third straight day, zooming 28 percent, after it reported a healthy December quarter (Q3FY24) earnings. Q3 revenues increased by 65 percent
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Shares of Zomato hit a two-year high of Rs 151.45 as they rallied 5 percent on the BSE in Friday’s intraday trade, after the food aggregator platform company reported its third consecutive quarter of consolidated net profit at Rs 138 crore in the December quarter (Q3FY24), up from Rs 36 crore a quarter ago. The company reported a loss of Rs 347 crore during the corresponding period last year. In the past two months, the
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Shares of Trent hit a new high of Rs 3,849.75, surging 7 percent on the BSE in Thursday’s intra-day trade amid heavy volumes. In the past two trading days, Tata Group company has zoomed 27 percent after reporting a more-than-doubled net profit of Rs 343.60 crore in the December quarter (Q3FY24), on healthy operational performance. The company operates a portfolio of retail concepts, and posted a net profit of Rs 160.92 crore in the same
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