FINOLEX CABLES LTD Q1 RESULTS

R R Kabel's shares surged 6% on BSE to Rs 1,820.80 after reporting a 20.6% YoY increase in profit after tax to Rs 78.7 crore. The company's revenue rose 15.7% YoY to Rs 1,754 crore, with EBITDA margin at 6.6%.

3M INDIA-RESULTS/'Post-it' maker 3M India posts Q4 profit rise; shares surge

The domestic market closed flat after hitting record highs with S&P BSE Sensex reaching 75,636 and Nifty50 at 23,026. Buying was seen in public sector stocks while selling was seen in other sectors.

ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi's lab will be releasing their March quarter report cards this week.

Apar Industries recorded a fresh 52-week high on Tuesday apparently propelled by its Q4 revenue growth of 9% YoY. Its PAT, however, declined 3% YoY. The stock has zoomed 208% in the last one year.

Brokerage firm Jefferies upgraded Bank of Baroda to a buy, Citigroup has a buy rating on Polycab, Jefferies maintained a buy rating on Eicher Motors and Morgan Stanley downgraded Tata Motors to Equal Weight.

Q4 results today: Several other companies scheduled to release their financial results include Cholamandalam Finance, Eicher Motors, Finolex Industries, Jupiter LifeLine Hospitals, Kalyan Jewellers, Piramal Pharma, Punjab and Sind Bank, Spencers Ret...

Havells India has posted a PAT of Rs 449 crore, which is a 24% increase on a YoY basis while the company has recorded a YOY growth of 12% in its net revenue. The EBITDA grew by 80 bps, up from 10.9% to 11.7%.

Hathway Cable and Datacom Ltd on Wednesday reported a consolidated net profit of Rs 34.57 crore for the March quarter.

March quarter earnings season starts with Tata Communications and ICICI Lombard set to announce. Boards to discuss dividends. High-frequency indicators point to strong demand momentum. Key focus on data gross revenue, DPS revenue, and EBITDA margins.

GTPL Hathway reported a consolidated net profit of Rs 16 crore for the quarter ending March 31, compared to a net loss of Rs 11 crore in the same quarter of the previous fiscal.

Both railways and defence related stocks are examples of what happens when a sector catches the fancy of the street. Once that happens, no questions are asked about valuations, market size or for that matter anything else, just mad rush to own them....

Deepak Chhabria has been removed from the board of Finolex Cables, following a longstanding dispute with his cousin, Prakash Chhabria. This comes after the Supreme Court reprimanded the National Company Law Appellate Tribunal for allowing Deepak to ...

The Supreme Court has issued notices to two members of the National Company Law Appellate Tribunal (NCLAT) for defying court orders in the Finolex Cables disputes matter. The court expressed doubts about the honesty of the NCLAT's actions and emphas...

The National Company Law Appellate Tribunal (NCLAT) has suspended its order regarding the disclosure of the results of Finolex Cable's annual general meeting (AGM) after an enquiry by the Supreme Court. The Supreme Court had directed the NCLAT chair...

The Supreme Court has ordered an enquiry into an allegation that the National Company Law Appellate Tribunal (NCLAT) delivered an order without following the top court's directions. The order relates to the annual general meeting of Finolex Cables a...

Finolex Cables' scrutiniser, in a disclosure submitted to the stock exchange, has revealed that, in light of the Supreme Court's directive, the voting results are kept in abeyance until the National Company Law Appellate Tribunal (NCLAT) passes its ...

Stocks that were in focus include names like CE Info Systems (Map My India) which was up more than 7% to hit a fresh record high, Finolex Cables also rallied more than 7% and MCX closed with gains of more than 8% to hit a fresh 52-week high on Thurs...

Consolidated EBITDA for the June quarter rose 44.6% YoY to Rs 21.3 crore. Meanwhile, EBITDA margin came in at 11.3% in the same period. Growth in the margins on both YoY and QoQ basis was on account of a favourable revenue mix and softening of input...