Globe Capital Research Report

UltraTech Cement Ltd's consolidated net profit jumped 35.23% in the fourth quarter of fiscal 2024. The cement manufacturer's profit soared to Rs 2,258.58 crore in the quarter-ended March, according to an exchange filing on Monday. The company's board also recommended a dividend of Rs 70 per share. The company achieved volume growth of 13% year-on-year for fiscal 2024. This was backed by 11% year-on-year growth in volume for the fourth quarter.

BULLION – Gold holds steady as investors await US data for more Fed clues  

Bullions counter may trade on mixed path as a steady U.S. dollar made bullion less affordable for overseas buyers, while investors awaited further clues on when the U.S. Federal Reserve would deliver its first interest rate cut.

Maruti Suzuki India Ltd.'s standalone net profit soared 48% in the fourth quarter of fiscal 2024, meeting analysts' estimates. India's largest carmaker posted a profit of Rs 3,878 crore in the quarter-ended March, according to an exchange filing on Friday.

METALS – Copper rises near $10,000/T on investment flows  

Bullions counter may trade on volatile path as yellow metal are set for a weekly decline as investor attention turned to key U.S. inflation data for cues on the Federal Reserve's interest rate trajectory.