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Business Standard
5 days ago
- Business
- Business Standard
Volumes spurt at Network 18 Media & Investments Ltd counter
Network 18 Media & Investments Ltd notched up volume of 1173.47 lakh shares by 14:14 IST on NSE, a 27.13 fold spurt over two-week average daily volume of 43.25 lakh shares Star Health & Allied Insurance Company Ltd, Kirloskar Brothers Ltd, Akums Drugs & Pharmaceuticals Ltd, Indiamart Intermesh Ltd are among the other stocks to see a surge in volumes on NSE today, 25 June 2025. Network 18 Media & Investments Ltd notched up volume of 1173.47 lakh shares by 14:14 IST on NSE, a 27.13 fold spurt over two-week average daily volume of 43.25 lakh shares. The stock rose 15.73% to Rs.62.10. Volumes stood at 38.42 lakh shares in the last session. Star Health & Allied Insurance Company Ltd witnessed volume of 192.19 lakh shares by 14:14 IST on NSE, a 27.12 times surge over two-week average daily volume of 7.09 lakh shares. The stock increased 0.62% to Rs.430.55. Volumes stood at 4.45 lakh shares in the last session. Kirloskar Brothers Ltd saw volume of 23.46 lakh shares by 14:14 IST on NSE, a 20.8 fold spurt over two-week average daily volume of 1.13 lakh shares. The stock increased 11.54% to Rs.2,071.80. Volumes stood at 1.18 lakh shares in the last session. Akums Drugs & Pharmaceuticals Ltd saw volume of 17.59 lakh shares by 14:14 IST on NSE, a 13.85 fold spurt over two-week average daily volume of 1.27 lakh shares. The stock increased 7.45% to Rs.576.00. Volumes stood at 65207 shares in the last session. Indiamart Intermesh Ltd witnessed volume of 10.09 lakh shares by 14:14 IST on NSE, a 11.56 times surge over two-week average daily volume of 87273 shares. The stock increased 5.45% to Rs.2,630.90. Volumes stood at 93218 shares in the last session.
News18
5 days ago
- Business
- News18
Bank Of Baroda Presents Rs 2,762 Cr Dividend To Govt After Record Profit
Last Updated: Bank of Baroda gave a Rs 2,762 crore dividend cheque to Finance Minister Nirmala Sitharaman for FY 2024-25. The Bank's net profit was Rs 19,581 crore. Bank of Baroda (Bank) presented a dividend cheque of Rs 2,762 crore for the financial year ended March 31, 2025, to Hon'ble Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman. The cheque was handed over by Debadatta Chand, Managing Director & CEO, Bank of Baroda, at the Finance Minister's office in North Block, New Delhi. For FY 2024-25, the Bank recorded an all-time high standalone net profit of Rs 19,581 crore, registering a year-on-year growth of 10.1%. The Bank declared a dividend of Rs 8.35 per equity share for FY 2024-25 which is 418% of the face value per share of Rs.2/-. Bank of Baroda Ltd.'s standalone net profit for the quarter ended March increased by 3.3% to Rs 5,048 crore, compared to Rs 4,886 crore in the same period last year. The net interest income—the difference between interest earned and interest paid—dropped 7% to Rs 11,020 crore for the quarter, down from Rs 11,793 crore reported in the corresponding quarter of the previous fiscal year. This figure is below Bloomberg's estimates. The net NPA ratio decreased by 10 basis points to 0.58% from 0.59% in the previous quarter. In absolute terms, the net NPA increased to Rs 6,994.24 crore from Rs 6,825.06 crore. Operating profit saw a slight rise of 0.3% to Rs 8,132 crore, compared to Rs 8,106 crore in the same quarter last year. Provisions increased by 43.4% to Rs 1,552 crore, up from Rs 1,082 crore in the previous quarter. The Government of India holds a majority stake of over 60% in Bank of Baroda. The dividend adds to the Centre's non-tax revenue, supporting fiscal consolidation efforts. First Published: June 25, 2025, 15:29 IST
Business Standard
5 days ago
- Business
- Business Standard
Volumes soar at Indiamart Intermesh Ltd counter
Indiamart Intermesh Ltd recorded volume of 41834 shares by 10:46 IST on BSE, a 8.48 times surge over two-week average daily volume of 4931 shares Kirloskar Brothers Ltd, Star Health & Allied Insurance Company Ltd, Network 18 Media & Investments Ltd, Kalpataru Projects International Ltd are among the other stocks to see a surge in volumes on BSE today, 25 June 2025. Indiamart Intermesh Ltd recorded volume of 41834 shares by 10:46 IST on BSE, a 8.48 times surge over two-week average daily volume of 4931 shares. The stock gained 5.37% to Rs.2,628.10. Volumes stood at 2484 shares in the last session. Kirloskar Brothers Ltd saw volume of 45756 shares by 10:46 IST on BSE, a 6.37 fold spurt over two-week average daily volume of 7180 shares. The stock increased 8.44% to Rs.2,013.40. Volumes stood at 13584 shares in the last session. Star Health & Allied Insurance Company Ltd recorded volume of 1.22 lakh shares by 10:46 IST on BSE, a 5.15 times surge over two-week average daily volume of 23690 shares. The stock gained 2.44% to Rs.438.50. Volumes stood at 25439 shares in the last session. Network 18 Media & Investments Ltd saw volume of 11.71 lakh shares by 10:46 IST on BSE, a 4.2 fold spurt over two-week average daily volume of 2.79 lakh shares. The stock increased 10.69% to Rs.59.46. Volumes stood at 1.52 lakh shares in the last session. Kalpataru Projects International Ltd witnessed volume of 35853 shares by 10:46 IST on BSE, a 3.8 times surge over two-week average daily volume of 9445 shares. The stock increased 2.74% to Rs.1,213.05. Volumes stood at 6095 shares in the last session.
The Hindu
6 days ago
- General
- The Hindu
WRD, Danish team to launch second phase of project to map groundwater and reverse seawater intrusion in Minjur
Minjur, a locality in the city's northern fringes that has long battled seawater intrusion into its groundwater aquifers, will soon be the focus of an intensive study aimed at assessing the extent of exploitation and exploring strategies for its reversal. With the findings of a pilot study on groundwater mapping in Minjur validated, the Water Resources Department would expand the study along with Danish team in the Minjur belt. The phase II of the project will map the groundwater aquifer and arrest seawater incursion in the locality through Managed Aquifer Recharge (MAR). Officials of the WRD noted that the seawater has moved inland for about 15 km and the water quality has turned saline with a total dissolved solids level exceeding 10,000 ppm in several places. In a first step towards implementing the second phase of the project, the team from Geological Survey of Denmark and Greenland, WRD's State Ground and Surface Water Resources Data Centre and water resources experts discussed the aspects of MAR technology during a recent meeting. For many years now, Minjur residents rely on municipal and private water supply for all their needs as salinity ingress has affected coastal aquifer. 'Water drawn from wells in areas close to Kosasthalaiyar riverbank is yellow in colour. Groundwater is availabe at a depth of 40 feet but it has high iron content. Each family spends a minimum of Rs.2,000 on water every month,' said of Minjur. Noting that water quality has improved in sites along water bodies, residents wanted groundwater recharge projects to be executed on a large scale. Officials of the WRD said a network of 145 borewells would be sunk across 63 villages at various depths and distance to study the salinised acquifer. Every five km would have piezometers with various instruments like digital water level recorders and water quality sensors. The study would be carried out using s-Tem profiler, a geoscanner tool designed to acquire subsurface data and ideal for mapping groundwater aquifers. 'We are planning to concentrate more on the 15th km with three borewells sunk in each chosen site at various depths to assess the groundwater level and quality. This stretch would have 71 borewells sunk for the study,' said an official. Some of the villages to be covered include Amoor, Thachoor, Panjetty, Alamathi and old Gummidipoondi. The Rs.10 crore would help identify potential recharge zones to restore the freshwater balance by pushing salinity back towards the coast in five years. A combination of recharge structures, including recharge shafts, would be established through MAR and identify potential for extraction and recharge, said the official. The project would be scaled up to other over-exploited groundwater zones like Cuddalore and Thoothukudi. Visiting Faculty, Hydraulics and Water Resources Engineering Group, Department of Civil Engineering, IIT Madras, who was part of the discussion, said Minjur belt is covered by data collection network of various government agencies and the new initiative would help enhance the ongoing efforts. Several recharge structures like check dams have indicated potential for harnessing groundwater. Citing his study on seawater intrusion in a coastal aquifer, he said largescale measures like interlinking of Araniar and Kosasthalaiyar rivers with a canal to transfer floodwaters and reviving water bodies are essential. Various measures, including interlinking of rivers, would help decrease the extent of seawater incursion by three km in 2030.
Business Standard
7 days ago
- Business
- Business Standard
Volumes spurt at Chennai Petroleum Corporation Ltd counter
Chennai Petroleum Corporation Ltd notched up volume of 125.38 lakh shares by 14:14 IST on NSE, a 8.45 fold spurt over two-week average daily volume of 14.83 lakh shares Alkyl Amines Chemicals Ltd, Mangalore Refinery And Petrochemicals Ltd, L T Foods Ltd, Zee Entertainment Enterprises Ltd are among the other stocks to see a surge in volumes on NSE today, 23 June 2025. Chennai Petroleum Corporation Ltd notched up volume of 125.38 lakh shares by 14:14 IST on NSE, a 8.45 fold spurt over two-week average daily volume of 14.83 lakh shares. The stock rose 10.40% to Rs.698.80. Volumes stood at 15.17 lakh shares in the last session. Alkyl Amines Chemicals Ltd registered volume of 5.5 lakh shares by 14:14 IST on NSE, a 7.67 fold spurt over two-week average daily volume of 71686 shares. The stock rose 3.57% to Rs.2,139.70. Volumes stood at 3.51 lakh shares in the last session. Mangalore Refinery And Petrochemicals Ltd witnessed volume of 173.99 lakh shares by 14:14 IST on NSE, a 6.37 times surge over two-week average daily volume of 27.32 lakh shares. The stock increased 6.81% to Rs.144.25. Volumes stood at 18.44 lakh shares in the last session. L T Foods Ltd clocked volume of 39.61 lakh shares by 14:14 IST on NSE, a 5.14 times surge over two-week average daily volume of 7.71 lakh shares. The stock lost 6.41% to Rs.405.10. Volumes stood at 24.33 lakh shares in the last session. Zee Entertainment Enterprises Ltd notched up volume of 1064 lakh shares by 14:14 IST on NSE, a 4.54 fold spurt over two-week average daily volume of 234.58 lakh shares. The stock rose 10.66% to Rs.147.27. Volumes stood at 147.56 lakh shares in the last session.
