Key Highlights from May 14 Market News

On May 14, investors are focused on significant developments in the market. DLF, the largest real estate company in India, reported a robust 62% increase in net profit and unveiled new housing projects with an estimated revenue potential of Rs 36,000 crore. Meanwhile, Zomato turned profitable in Q4, marking a notable shift from previous losses. Varun Beverages reported a 25% rise in consolidated profit after tax, while Tata Motors stumbled on Q4 earnings missing estimates. Vedanta plans to discuss fundraising strategies, and JSPL saw a significant profit surge. RVNL secured a new contract worth Rs 239 crore from Southern Railway.

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