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 Zomato share price jumps over 4% to 52-week high as analysts raise target after strong Q3 results; Should you buy?
By infodivyadelhi
16-02-24
Zomato share price jumped over 4% in early trade to hit a fresh 52-week high after the company reported impressive results for the quarter ended December 2023 led by robust growth in food delivery businesses. Zomato shares gained as much as 4.34% to new high of ₹150.25 apiece on the BSE.The online food delivery platf...
LIC’s market cap crosses Rs 7 lakh crore, becomes fifth most valued Indian company 
By infodivyadelhi
16-02-24
LIC experienced a remarkable surge in its shares, rising over 6%, and reaching a market valuation of Rs 6.99 lakh crore. This elevation in valuation has positioned LIC as the fifth most valued company in India.This elevation in valuation has positioned LIC as the fifth most valued company in India. Noteworthy inclusion...
State Bank of India reports 35 per cent fall in net profit for October-December quarter
By infodivyadelhi
16-02-24
The State Bank of India (SBI)   reported a 35 per cent fall in net profit for the third quarter ended December 31 after making a one-time provision towards pension liability and dearness relief neutralisation. The country’s largest bank posted a net profit of Rs 9,163.96 crore against Rs 14,205.34 crore...
 Byju's crisis explained: Why edtech firm, once valued at $22 bn, is witnessing financial downfall 
By infodivyadelhi
16-02-24
Ed-tech company Byju's is in the midst of an intense financial crisis, with the positions of its top leadership and founders now threatened.  Ed-tech company Byju's has been grappling with a financial crisis, and in their latest move, the shareholders of the company have moved a resolution seeking the oust...