BLUE DART EXPRESS LTD Q2 RESULTS

Positive Breakout: Piramal Enterprises and 2 other stocks cross above their 200 DMA

Blue Star has a very balanced growth in both B2B and B2C segments; Jan-July overall market growth to be 30-35%: Vir Advani

Blue Star's Vir Advani discusses strong Q4 performance, market growth outlook, revenue milestones, and technological advancements. Anticipates continued demand revival, capacity expansion, and industry growth with a focus on innovation and efficiency improvements.

Blue Dart Express Q4 Results: Net profit rises 12% YoY to Rs 78 crore on improved demand

Blue Dart's total income for the fourth quarter stood at Rs 1,333.93 crore, as against Rs 1,225.22 crore a year ago, a regulatory filing showed.

Q4 results today: Adani Enterprises, Coal India among 49 companies to announce earnings

49 companies, including Adani Enterprises and Coal India, will announce Q4 results today. Notable companies include Dabur India, Federal Bank, Digicontent, Blue Star, Ajantha Pharma, JBM Auto and KPR Mills.

PNB Housing Finance Q4 Results: Profit zooms 57% to Rs 439 crore on steady demand for home loans

Its loan assets grew by 10% year-on-year to Rs 65,358 crore at the end of March, while retail loans grew by 14% to Rs 63,306 crore. PNB Housing Finance's corporate loan book shrank 46% in FY24 to Rs 2,052 crore as it had tried to de-risk the portfolio.

Q4 results this week: Adani group to lead as 211 companies will declare earnings

With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.

Persistent Systems shares fall over 5% post Q4 results

Persistent Systems shares dropped 5% despite a 25.4% net profit rise to Rs 315.3 crore YoY. Q4 revenue was Rs 2,590 crore, up 14.9% YoY. TCV decreased to $447.7 million.

American Express Q1 Results: Profits jump 34%, helped by jump in new customers, higher spending

American Express's Q1 profits soared by 34%, fueled by increased cardmember spending and interest income growth. The company's revenue sources expanded, with a focus on attracting high-quality customers despite payment challenges.

TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings

TCS Q4 Results: The company's order book for FY24 was at an all-time high of $42.7 billion and record $13.2 billion in the March quarter, led by the mega deal with Aviva and others in the emerging markets vertical.

Voltas Q3 Results: Profit declines 58% YoY to Rs 23.85 crore as expenses rise

​The Tata Group-owned company's consolidated profit before exceptional items and tax fell 58% from last year to 238.5 million rupees ($2.87 million) in the three months to Dec. 31.

ICICI Bank, Tech Mahindra, 8 other stocks surpass 200-day SMA

In a display of strength and resilience, several major stocks surged past their 200-day Simple Moving Average (SMA) on November 3. This accomplishment signifies their robust performance and potential for further growth.

Adani Enterprises, Nocil and 6 more stocks surpass 200-day SMA

On October 31, several major stocks achieved a remarkable milestone by surpassing their 200-day SMA, signaling potential shifts in their stock trends.

After a great Q2, Blue Star looking forward to a strong Q3 as well: MD

“October has been good, better than expected. The industry is doing well and we continue to outperform the industry. We are looking forward to a strong Q3 as well. You know that we will be building up stock in the market by December as well. So it is Dussehra, Diwali, and then the build-up for the summer so it looks like a positive outlook.”

Blue Star Q2 Results: Net profit jumps 66% YoY to Rs 71 crore

Its revenue from operations during the quarter under review rose 19.47 per cent to Rs 1,890.40 crore. It was Rs 1,582.29 crore in the year-ago period.

RIL shares jump 2% post Q2 earnings despite Monday blues. Should you buy?

Brokerages reviewed Reliance Industries stock following its September quarter earnings on Friday which were broadly in line with their estimates. While Macquarie upgraded the stock from 'underperform' to 'neutral', Jefferies raised the price target while recommending a buy. Others which reiterated their buy stance include Nomura, Motilal Oswal and Nuvama.

Ecom Express founder T A Krishnan passes away

T A Krishnan, the co-founder of Ecom Express, an ecommerce-focused delivery startup, has passed away. Krishnan played a significant role in establishing a third-party logistics network for ecommerce in India. He served as the chief operating officer and chief executive before becoming a director.

Festive cheer with minor headwinds; 6 logistics companies with upside potential of up to 34%

Last weekend, when the situation in Israel emerged. First thoughts on the street was that a sharp rise in the crude oil price is inevitable. Initial reaction was pretty much on the same line, however that spike did not sustain beyond one day. Is that an indication that the crisis in the most oil sensitive part of the world was not able to push oil prices higher than what would make them rise. While the whole of the Indian economy would like oil prices to stay low, one sector which would like it more than any other sector is logistics. Especially in the midst of the festive season.

Bandhan Bank, BPCL and 4 other stocks cross 200-day SMA

Crossing the 200-day SMA is a noteworthy technical achievement for major stocks, indicating potential shifts in long-term market sentiment.

Blue Dart rebrands delivery service as Bharat Dart

The decision to rebrand the service as Bharat Dart was taken after "extensive discovery and research process aimed at aligning itself to the evolving needs of its customers", Blue Dart Express said.

Tata group’s B2B digital push; banking agents expand into credit, insurance

Business correspondents (BCs) are being roped into the government’s financial inclusion plans in a big way. Besides providing traditional services such as account opening and payments, these last-mile banking intermediaries have now ventured into more complex areas like credit and insurance. This and more in today’s Morning Dispatch.

Ecommerce, logistics firms gear up to deliver bumper festive season

Companies across all segments of ecommerce and logistics are planning to hire two-three times more people (pickers, packers, loaders and warehouse and delivery persons) every month from September to November compared with a year earlier.

Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 39%

As more stocks from different sectors see an improvement in their analyst scores, it is important to be selective before being bullish when looking at stocks. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Blue Dart Express Q1 Results: Firm reports over 48% decline in Q1 profit

Blue Dart Express, the Indian logistics services provider, has reported a consolidated net profit of INR 621.8m ($7.6m) for Q2 2022. This is a 48% YoY/QoQ decline, despite a correction in the aviation turbine fuel that accounts for 40% of the operating costs. Reduced fuel prices and soft demand across e-commerce