Lumax Tech: Net profit at Rs 51.0 cr vs Rs 24.0 cr, Revenue at Rs 757 cr vs Rs 493 cr. (YoY) Natco Pharma: Net profit at Rs 386 cr vs Rs 276 cr, Revenue at Rs 1068 cr vs Rs 898 cr. (YoY) Sumitomo Chem: Net Profit at Rs 110 cr vs Rs 55 …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
Top 3 price-volume breakout stocks On Friday, Benchmark indices concluded the last trading day of the week on a negative note as Sensex substantially declined by 0.98 per cent and closed at 73,878.15 level, while …
UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore. The consolidated revenue from operations …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
Aditya Birla Capital: The board approved the amalgamation of the wholly owned unit Aditya Birla Finance with the company. The merger is subject to the sanction of the National Company Law Tribunal and other necessary approvals from the Reserve Bank of India and other shareholders. * ITC:* British American Tobacco is preparing to kick off …
Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. The transaction, which is expected to be worth ₹2,800 crore, will be conducted through a block deal, reported CNBC-Awaaz on Tuesday. The block deal’s …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 …