Adani Group net profit up 107% in first half of FY24 but sales slow down

The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. Photograph: PTI......

Adani group adds Rs 73,000 crore in mcap as investors lap up shares

The market capitalisation of Adani Group companies rose by nearly Rs 73,000 crore on Monday as investors lapped up shares of the power-to-port conglomerate after BJP’s electoral wins in three......

PSU stock froth persists: Q4 test for financial endurance

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Illustration: Dominic Xavier/Rediff.com Analysts attribute this steep fall to the......

Sensex at Mount 49k: Are the markets overheated?

'The more retail investors keep away from speculative activity, the more they will manage their risks better.' Photograph: PTI Photo In an interview with Prasanna D Zore/Rediff.com, Deven Choksey,......