May 8, 2024
Indian stock markets are expected to open with modest gains on Wednesday, May 8, 2024, mirroring a mixed trend in global markets. US equities witnessed a mixed session on Wall Street, with the Dow Jones and S&P 500 registering minor gains, while the Nasdaq closed slightly lower.
IRB Infrastructure: Reported a 45% rise in consolidated net profit for the March 2024 quarter, mainly due to higher income.
Consolidated net profit increased by 9% for the fourth quarter of fiscal year 2023-24.
Reported a net profit of Rs 110.4 crore compared to a net loss of Rs 46.2 crore in the previous quarter.
Net profit increased by 33.9% for the year ended March 31, 2024.
Received a GST demand order of Rs 2.97 crore for alleged excess availment of input tax credit.
Net profit increased by 41.4% for the year ended March 31, 2024.
Total income for Q4 FY24 stood at Rs 1,12,134 lakh, up 57% year-on-year.
Juniper Green Energy signed a power purchase agreement with SJVN Ltd to supply 320 MW renewable energy.
GIFT Nifty futures indicated a slight uptick of 18 points, reaching 22,400 levels compared to Nifty 50 futures.
Indian bourses are likely to open with modest gains on Wednesday, mirroring a mixed trend in global markets.
This information is provided for general knowledge and should not be considered as investment advice. Please consult with a qualified financial advisor before making any investment decisions.