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    PREMIER POLYFILM LTD Q1 RESULTS

    IEX shares rally 9% in 3 days after Q4 results beat

    IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.

    Restructuring impacts even the smallest player: 5 not so much talked about PSU banks

    When it comes to PSU banks, all the limelight is taken by the top players, like SBI, BoB, PNB and one or two others. But the fact is that there are many other small PSU banks, which of course have smaller books and less of national presence, but the fact is that they have been also the beneficiary of the “ reconstruction and restructuring" (R&R) which both government and RBI have done in the banking sector in the last seven years. The good part of any R&R exercise in banking is that all the players whether it is small or large have to follow the rules and that ensures that the operating matrix improves across the sector and which leads to long term beneficial impact. We take a look at 5 small PSU banks, which are not normally in news, but over years they have also seen an improvement in their working. Yes, they have their own risks in terms of loan book and other business risk, but then because they are under owned in institutional space, a bit of institutional buying can lead to sharp re-rating.

    IEX shares rally 4% after company reports 15% jump in Q4 PAT

    IEX Share Price: Indian Energy Exchange (IEX) shares surged by 4% on Wednesday on the Bombay Stock Exchange (BSE), reaching a high of Rs 151.30 for the day. This increase followed the company's announcement of a 14.7% year-on-year (YoY) rise in its quarterly profit after tax (PAT), reaching Rs 95.1 crore for Q4FY24

    Star India's sports losses widen by 50% to $342 million in H1 FY24

    Star India's sports business operating loss reached $342M for six months till March 30, surpassing $228M last fiscal. Walt Disney's revenue hit $504M, with costs at $786M due to IPL cricket programming expenses. Ad revenue doubled to $221M.

    UK elections results 2024: PM Rishi Sunak's party faces defeat. What does this mean for Britain's politics?

    UK Conservatives have faced their worst defeat in the local council elections whose results are still being declared. Analysts suggest an early general election could be the way forward, according to reports.

    Adani Enterprises Q4 Results: Cons PAT declines 38% YoY to Rs 451 crore

    Adani Enterprises Q4 Results: The company's board has recommended a dividend of Rs 1.30 per equity share for the financial year 2023-24. The consolidated revenue from operations for the reporting quarter stood at Rs 29,180 crore, marginally up by 0.81%.

    The Economic Times
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