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Business Standard
07-07-2025
- Business
- Business Standard
Dhanlaxmi bank shares climb 5% as Q1 deposits grow 14% YoY
As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. SI Reporter New delhi Listen to This Article Dhanlaxmi Bank shares witnessed a robust surge of over 5 per cent, recording an intraday high of ₹31.64 on Monday after the company announced its June quarter (Q1FY26) update. The private bank recorded a 14.7 per cent year-on-year (Y-o-Y) rise in deposit levels to ₹16,570 crore in Q1. At 01:40 PM, Dhanlaxmi Bank shares were trading at ₹30.72, up by 2.57 per cent on the National Stock Exchange. In comparison, the Nifty50 was trading marginally down, quoting 25,450.90. On year-to-date (YTD) basis, the shares of the private bank have experienced a minor decline of 4.1 per cent on the NSE. Dhanlaxmi Bank Q1 Update The CASA (Current Account Savings Account) balances showed a moderate increase of 3.8 per cent to ₹4,675 crore from ₹4,504 crore recorded in the corresponding quarter of the previous fiscal. Gross advances increased to ₹12,484 crore, marking an increase of 17.3 per cent from ₹10,643 crore recorded in the same period of FY25. Meanwhile, the gold loan segment witnessed a strong Y-o-Y growth of 28.1 per cent to ₹4,039 crore from ₹3,153 crore. As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. Track Stock Market LIVE Updates About Dhanlaxmi Bank The private bank, headquartered in Thrissur, Kerala, was incorporated on November 16, 1927. The bank has a robust presence across the country with 261 Branches and 282 ATMs. Dhanlaxmi Bank was founded by a group of enterprising entrepreneurs (GEE) at Thrissur. It became a Scheduled Commercial Bank in 1977. In 1993, the bank obtained a restricted foreign exchange licence for rupee accounts of non-residents. DBL also ventured into new areas such as consumer banking, corporate banking and merchant banking. In March 1996, the private bank launched a public issue of 80 lakh equity shares of ₹10 each for cash at a premium of ₹40 per share, aggregating ₹40 crore.
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Business Standard
01-05-2025
- Business
- Business Standard
Stock market holiday: Are NSE, BSE, MCX open today on Maharashtra Day?
Stock Market Holiday Today: Stock markets in India are closed today, Thursday, May 1, 2025, on the occasion of Maharashtra Day, and Labour Day 2025 SI Reporter New Delhi Stock Markets Closed on May 1, 2025, for Maharashtra Day Stock Market Holiday, May 1: Indian stock markets are closed today, Thursday, May 1, 2025, on the occasion of Maharashtra Day, a day celebrated by Maharashtrians to commemorate the formation of the state of Maharashtra on May 1, 1960. That apart, today is also a public holiday to celebrate May Day or International Workers' Day (Labour Day 2025). Labour Day, which began in the late 19th century, pays tribute to all the workers. In India, Labour Day is a public holiday in many states, such as Maharashtra, Tamil Nadu, and West Bengal. Trading Suspension Details: Notably, there will be no trading on the National Stock Exchange (NSE), the BSE, and the Multi Commodity Exchange (MCX). When Will Markets Reopen? Markets will resume normal trading on Friday, May 2, 2025. Upcoming Stock Market Holidays in 2025: Independence Day – August 15 Ganesh Chaturthi – August 27 Gandhi Jayanti / Dussehra – October 2 Diwali Laxmi Pujan – October 21 Diwali Balipratipada – October 22 Guru Nanak Jayanti (Prakash Gurpurb) – November 5 Christmas – December 25 The last market holiday was on Good Friday, April 18, 2025. Stock Market Timings: The trading session in the Indian stock markets is divided in three parts – Pre-Open, Regular Trading, Post-Market session. The timings for these sessions are as follows: Pre-Open Session: 9:00 AM – 9:07 AM Regular Trading Hours: 9:15 AM – 3:30 PM Post-Market Session: 3:30 PM – 3:40 PM Indian stock markets are open Monday to Friday and closed on Saturdays and Sundays. Stock Market Wrap, April 30, 2025: Indian stock markets witnessed a range-bound session on Wednesday, April 30, as investors remained on the sidelines ahead of a market holiday. The BSE Sensex closed at 80,242, down 46 points or 0.06 per cent, while the NSE Nifty50 shut shop barely 2 points or 0.01 per cent lower at 24,334. In the broader markets, the Nifty Smallcap100 and Nifty Midcap100 indices dropped by 1.71 per cent and 0.85 per cent, respectively. Among sectors, the Nifty Realty index gained the most. The index rose 3.6 per cent during the day b before settling 1.91 per cent higher. This was followed by the Nifty Pharma index, which gained 0.44 per cent. On the downside, the Nifty PSU Bank index fell 2.23 per cent, dragged by UCO Bank and State Bank of India shares. Global Market Update: Asian markets are having a lean morning as most regional markets are shut for public holiday. Trading is underway in Japan and Australia, while markets in South Korea, India, Hong Kong, and China are shut for Labour Day. Meanwhile, Japan's benchmark Nikkei 225 index advanced 0.15 per cent ahead of the Bank of Japan's monetary policy decision today. In Australia, the S&P/ASX 200 benchmark was down 0.10 per cent. Back home, GIFT Nifty was 43 points lower at 24,376 levels at 6:35 AM. Overnight in the US, the S&P 500 and the Dow Jones Industrial Average rallied 0.15 per cent and 0.35 per cent, respectively. Meanwhile, the Nasdaq Composite ended the day flat at 17,446.34.
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Business Standard
22-04-2025
- Business
- Business Standard
Why investors are buying Brigade Enterprises shares today? Check here
The northward move in the Brigade Enterprises shares came on the back of the news that the company has signed a joint development agreement for a plotted development project in Malur, East Bengaluru SI Reporter New Delhi Brigade Enterprises shares price today: Shares of Residential and Commercial Projects maker Brigade Enterprises were in demand on the bourses on Tuesday, April 22. The company's share price advanced 2.76 per cent to ₹1,035.90 per share on the NSE during intra-day trade on Tuesday. The northward move in the Brigade Enterprises share price came on the back of the news that the company has signed a joint development agreement for a plotted development project in Malur, East Bengaluru spanning approximately 20 acres. "The gross development value of the project is around ₹ 175 crores with a total development potential of 0.45 million square feet," the company said in a release. Established in 1986, Brigade Group is a property developer primarily engaged in real estate development, leasing, and hospitality and related services in South India. With a presence across South India, including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and Gift City in Gujarat, Brigade has been instrumental in shaping skylines and developing iconic properties. Their portfolio includes Residential, Office, Retail, and Hospitality sectors. Brigade Enterprises' market capitalisation stands at ₹25,077.72 crore on the NSE. Brigade Enterprises share price history Brigade Enterprises shares have exhibited a mixed performance over the past one year. In the last one month, the company's shares have advanced nearly 3 per cent, and 5 per cent in the last one year. Whereas for year-to-date, Brigade Enterprises share price has declined nearly 17 per cent. In contrast, the benchmark Nifty50 has advanced nearly 2 per cent this year. Brigade Enterprises shares continue to trend higher on the bourses on Monday. At around 12:10 PM, Brigade Enterprises shares were quoted at ₹1,027.25 apiece, up 1.86 per cent from their previous close of ₹1,008.50 on the BSE. A combined total of nearly 0.17 million equity shares of Brigade Enterprises, estimated to be valued at around ₹18.23 crore, have exchanged hands on the NSE and BSE. Sensex, Nifty today The benchmark domestic indices too were trading in the positive territory on Tuesday. At the time of writing the news, the BSE Sensex was trading higher by 269 points or 0.34 per cent at 79,678, and the Nifty50 was at 24,194 levels, up 69 points, or 0.29 per cent.
