News for Paul Merchants Limited (PML.BO)

Buzzing stocks, stocks to watch: L&T Finance, Religare Enterprises, VA Tech Wabag, Tejas Networks, Eros Media, Western Carriers, Thomas Cook, Waaree Energies, BHEL, DLF, Cube InvIT, Ircon Intl, BEL, Zaggle

L&T Finance will enter the gold loan business following the board's approval to acquire Paul Merchants Finance. The Rs 537 crore slump sale includes 98,000 customers, 700 employees, and 130 branches. The acquisition is expected to close by Q2 FY 2025-26.

Q4 results today: Among the key companies reporting today, Biocon will be under scrutiny for its revenue growth and profit margins. Hindustan Aeronautics, a major player in the aerospace sector, will also post its results.

In the Nifty pack, 9 stocks were trading in the green, while 41 stocks were trading in the red.

Net Sales at Rs 1,697.61 crore in March 2023 up 21.36% from Rs. 1,398.77 crore in March 2022. Quarterly Net Profit at Rs. 8.43 crore in March 2023 down 14.1% f...

Net Sales at Rs 1,761.42 crore in September 2022 up 40.52% from Rs. 1,253.47 crore in September 2021. Quarterly Net Profit at Rs. 11.97 crore in September 2022...

Net Sales at Rs 1,735.59 crore in September 2022 up 40.87% from Rs. 1,232.02 crore in September 2021. Quarterly Net Profit at Rs. 7.14 crore in September 2022 ...

In the Nifty 50 index, 8 stocks were trading in the green, while 42 stocks were trading in the red.

In the Nifty 50 index, 16 stocks were trading in the green, while 33 stocks were trading in the red.