Top market news today - 28th October 2024

Top gainer: Shriram Finance 3,272 ▲ 180 (+5.8%)
Top loser: Coal India 443 ▼ 17 (-3.8%)

:star: Shares of Indigo crashed up to 13.4% to ₹3,778.50 apiece
Shares of InterGlobe Aviation crashed as much as 13.4% to ₹3,778.50 apiece on the BSE as the airline reported a net loss of ₹986.7 crore in Q2FY25 compared to a net profit in the corresponding period last year. The company suffered losses due to the grounding of planes and higher fuel costs. The carrier had a profit of ₹188.9 crore in the year-ago period, according to a release.

:star: Shares of ICICI Bank surged as much as 3.6% to ₹1,300.80 apiece
Shares of the private sector lender surged as much as 3.6% to ₹1,300.80 apiece on the BSE as the bank on Saturday posted a 14.5% growth in its standalone profit to ₹11,746 crore for the second quarter ended September 2024. It reported an interest income of ₹40,537 crore during the quarter compared to ₹34,920 crore in the year-ago period. The net interest income (NII) improved by 9.5% to ₹20,048 crore from ₹18,308 crore in the second quarter of the previous year.

:star: Shares of Texmaco Rail & Engineering surged as much as 5.79% to ₹209.05 apiece
Shares of Texmaco Rail & Engineering surged as much as 5.79% to ₹209.05 apiece on the BSE as the company reported a robust set of numbers for the quarter ended September 30, 2024. Its EBITDA, or earnings before interest, taxes, depreciation, and amortisation, came in at ₹149 crore, up 81.7% against ₹82 crore logged in the September 2023 quarter.