Rane Engine Valve Ltd.

Rane Engine Valve Ltd. saw a significant jump in its profit after tax for the July-September 2024 quarter, reaching Rs 5.7 crore, driven by strong domestic demand and cost optimization.

Rane Engine Valve Ltd reported a profit after tax of Rs 4.7 crore for Q4 FY24, flat compared to last year. Revenue grew to Rs 151.2 crore, driven by strong sales to OEMs.

Rane Group merges Rane Brake Lining Ltd and Rane Engine Valve Ltd into Rane (Madras) Ltd, creating an entity with a combined turnover of over Rs 3,370 crore.

India''s aviation watchdog DGCA reported 889 serious technical defects in flights last year, up from previous years. Minister Mohol shared data on flight safety and DGCA''s oversight.

Analysts predict gold and silver prices will extend their rally next week. Global inflation data, West Asia tensions, and Fed policy expectations are key drivers.

Analysts predict crude oil, West Asia developments, and inflation data will dictate stock market direction this week. Monitor India & US CPI, WPI, and FPI activity.

Punjab National Bank plans to roll out wealth management services by December and expand its credit card business. CEO Ashok Chandra expects profit to surpass Rs 20,000 crore.

Five companies, including Dhoot Transmission, Shiprocket, and Molbio Diagnostics, are launching IPOs next week, collectively raising over Rs 7,400 crore in India''s primary market.

India''s aviation watchdog DGCA reported 889 serious technical defects in flights last year, up from previous years. Minister Mohol shared data on flight safety and DGCA''s oversight.

Analysts predict gold and silver prices will extend their rally next week. Global inflation data, West Asia tensions, and Fed policy expectations are key drivers.

Sky Gold & Diamonds reports Q1FY27 net profit more than doubled to Rs 104.90 crore, with total income up 78%. Strong demand for jewellery and growing exports drive growth.

Analysts predict crude oil, West Asia developments, and inflation data will dictate stock market direction this week. Monitor India & US CPI, WPI, and FPI activity.

Punjab National Bank plans to roll out wealth management services by December and expand its credit card business. CEO Ashok Chandra expects profit to surpass Rs 20,000 crore.