Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.
Enterprise communication firm Route Mobile has reported a 14 per cent year-on-year increase in consolidated net profit at Rs 101.27 crore in the July-September quarter od this fiscal year. The company's profit (attributable to owners of the holding company) stood at Rs 88.8 crore in the year-ago period. Revenue from operations for the quarter under review stood at Rs 1,113.4 crore, up 9.73 per cent from Rs 1,014.6 crore in the quarter-ended September FY24. Company chairman Guillaume Boutin said developments from the previous quarter indicated that the firm is on the right track, and asserted confidence in unlocking a higher value for its customers and stakeholders. Seen quarter-on-quarter, profits rose by 28.9 per cent, but revenues saw a flat growth of 0.9 per cent. "... We have posted our highest ever quarterly revenue, despite Q2 being a seasonally weak quarter. We remain very optimistic about our growth prospects in Q3 owing to the festive season ahead of us," Rajdipkumar Gupt
Microsoft and Proximus Group have sign a new strategic partnership for collaboration on digital communications and cloud
Route Mobile Limited said it has partnered with Billeasy E Solutions Private Limited, and enabled WhatsApp-based ticket booking for Pune, Hyderabad, and Nagpur metros in addition to Delhi