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2025-05-14 05:49:35| The Economic Times

Garden Reach Shipbuilders & Engineers (GRSE) announced a significant surge in its Q4FY25 net profit. The company's profit after tax (PAT) rose 118% year-on-year to 224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of 4.90 per share. The company's Chairman expressed confidence in continued strong performance. GRSE's stock has shown impressive gains over the past year.

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2025-05-14 05:46:09| The Economic Times

The Indian market reversed Mondays gains, with the Sensex dropping nearly 1,300 points and the Nifty slipping below 24,600. Despite the broader weakness, BSE, Redington, and APL Apollo hit fresh 52-week highs. Analysts see breakout opportunities in these stocks, citing strong volume trends and bullish price action, with defined upside targets and stop losses for the near term.

Category: News and Media

2025-05-14 05:42:34| The Economic Times

Life Insurance Corporation (LIC) has increased its stake in Bank of India to 8.38% as of May 9, acquiring an additional 2.026% stake since September 2021. This move reflects LIC's confidence in the bank's performance, which recently reported a significant surge in profit for the March quarter.

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14.05 Co-op says shelves to be more fully stocked this weekend 14.05 Harish Krishnan bullish on metals; sees long-term upside amid global reindustrialisation and weakening dollar 14.05 Tiny company with China ties announces big purchase of Trump cryptocurrency 14.05 GSK to buy liver disease drug from Boston Pharmaceuticals for up to $2 billion 14.05 Probe launched into Aviva's 3.7bn takeover of Direct Line 14.05 Donald Trump meets with Syria's former-insurgent-turned-leader in Saudi Arabia 14.05 Colombia joins Belt and Road initiative as China courts Latin America 14.05 Stanley McChrystal says character is the most vital leadership trait in the age of AI and polarization More »