GALAXY CLOUD KITCHENS LTD Q2 RESULTS
Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%
Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons. At this point of time, when valuations are high and small corrections can lead to strong negative reactions in stock prices. So, while capital gains is the objective, never lose the perspective of protecting capital from sudden shocks. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
Amazon crosses $2 trillion in stock market value for the first time
Amazon.com Inc. crosses $2 trillion market value, influenced by AI applications and investments in AWS growth, Anthropic, and business-focused AI products like AI models and chatbot Q.
Best-seller Microwave Oven in India for efficient cooking in your modern kitchen
The article explores the best-selling microwaves available online, highlighting their popularity and key features. It discusses various brands and models renowned for their reliability, performance, and customer satisfaction. Each microwave is evaluated based on criteria such as cooking capacity, power levels, cooking presets, ease of use, and design. The article provides insights into why these microwaves stand out, catering to diverse consumer preferences from compact designs suitable for small spaces to larger models for family use.
Best Tawa under your budget for effortless and reliable cooking
With a market overflowing with options, how do you choose the tawa that cooks your rotis to perfection? Fear not, as we present you with one of the best tawas available in India! Let this article guide you to your new durable and reliable cookware, for we want only the best delivered at your doorstep.
Best Samsung Mobile Phones in India - June 2024
Are you looking for a good mobile phone? If so, then there is no better choice than Samsung. Continue reading this article to learn about the best Samsung mobile phones in India which are readily available on Amazon. Go through the complete list, find the best option for yourself and place your order using the given buying links.
10 Best Kadais with Lids for Even Cooking: Master your Culinary Skills like a Pro
Explore a diverse collection of kadai with lids, offering convenience and versatility in your kitchen. Whether you prefer non-stick coatings for easy cooking and cleaning or the durability of cast iron, there's a kadai to suit every cooking style. With features like sturdy handles, scratch-resistant surfaces, and induction compatibility, these kadais are designed to enhance your cooking experience. From traditional Indian flavours to modern culinary creations, find the perfect kadai to elevate your cooking game.
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Amazon Sale on Budget store - Home essentials starting at just Rs.99
The Amazon Sale on Budget Store offers an array of home essentials starting at just Rs.99. Whether you're looking to spruce up your living space or stock up on everyday necessities, this sale has something for everyone. From kitchen gadgets to cleaning supplies and decor items, find everything you need to upgrade your home without breaking the bank.
Best induction cooktops for efficient and precise cooking
Explore the pinnacle of culinary innovation with this selection of the best induction cooktops. Discover sleek designs equipped with cutting-edge features like precise temperature control and rapid heating. These top-rated appliances offer energy efficiency and safety, making them ideal for any kitchen. Elevate your cooking experience with the superior performance and convenience of the best induction cooktops on the market.
10 Best Induction Cooktops Under 2000 for Efficient and Modern Kitchens
Discover the top-rated induction cooktops under 2000, featuring precise temperature control, energy efficiency, and sleek designs. This guide highlights the best models for every budget, emphasizing safety, user-friendly interfaces, and innovative features. Whether you're a professional chef or a home cook, find the perfect induction cooktop to elevate your culinary experience.
Bharti Airtel Q4 Preview: Revenue likely to jump 8% YoY on higher ARPU, subscriber base
In the fourth quarter of the fiscal year 2023, Bharti Airtel recorded a consolidated profit after tax (PAT) of Rs 3,005 crore, which pertains to the company's owners. When factoring in the non-controlling interest, the PAT for the period increases to Rs 4,226 crore. Additionally, the revenue from operations for the quarter amounted to Rs 36,009 crore.
Asian Paints Q4 Results: Net profit rises 2% YoY to Rs 1,257 crore, misses estimates
Asian Paints Q4 Results: The Q4 profit marked a mere 2% increase year-on-year (YoY) from Rs 1234 crore reported in the same quarter last year. Revenue from operations fell marginally to Rs 8,731 crore
Mother's Day 2024 is on its way; here are best deals for the perfect gift to your mom
Mother's Day 2024 is just around the corner and there is still some time left to decide on a gift for your mother if you haven't already. Many do not possess the 'gifting knack' in them and we are here to help them with a set of ideas with which you can express your love and respect to the person who has been beside you through thick and thin.
Paytm market cap nears $2.5 billion; state-run banks turn to GenAI
Paytm’s market capitalisation is down to nearly $2.5 billion after a ninth straight session of declines on the BSE.
Time to unlink size and agility: 6 not-so-large IT stocks operating in niche areas with upside potential of up to 53%
Over the years, there has been some change in how the street looks at IT stocks, but somehow, still there is a perception that large cap companies like TCS, Infy and Wipro, are the ones which give all the indication of what is happening in the IT space. But the reality has been very different. Especially in the last five years, since the time ML and cloud and other speciality segments have come in the software segment. There have been smaller companies which operate in specialized areas who have been able to show much stronger growth at a time when Infy and Wipro’s of the world are under pressure in terms of growth.
Amazon Great Summer Sale 2024: Big Savings on Kitchen and Home Appliances
Get ready to transform your home with the Amazon Great Summer Sale! From state-of-the-art kitchen appliances to powerful home appliances, this sale has everything you need to elevate your living space. Explore a vast selection of top-quality products at irresistible prices. So, don't miss out on this opportunity to save big and create the home of your dreams with the Amazon Sale 2024!
Foxconn reiterates Q2 revenue to grow, posts record April sales
Foxconn anticipates higher second-quarter revenue with record April sales and strong growth in AI server demand, smart consumer electronics, and cloud products. CEO Tim Cook optimistic about revenue growth.
HCL Tech shares fall 6% after Q4 results. Should you buy, sell or hold?
HCL Technologies shares dropped 6% after reporting Q4FY24 results. Various brokerages offered different perspectives, with targets ranging from Rs 1,300 to Rs 1,700. The company's performance and guidance for FY25 were key points of analysis.
Microsoft Q3 Results: Firm tops Wall Street targets, driven by AI investment
Microsoft beats revenue expectations with AI adoption in cloud services. Stock jumps 4%. Forecasted cloud revenue above Wall Street. Microsoft's value increased by $128 billion. Azure revenue exceeded estimates.
Kering Q1 Results: Gucci-owner posts 10% drop in sales on sluggish Chinese demand
The group said its first half operating profit would be "sharply lower" due to the revenue decline and its ongoing investment in its brands. Sales for the three months ending in March stood at 4.5 billion euros ($4.82 billion), down 10% on a comparable basis.
Wipro Q4 results; RBI nod for Cred’s payment aggregator biz
IT services major Wipro saw an 8% fall in its consolidated net profit in the March quarter. This and more in today’s ETtech Top 5.
Bottoming out on revenue side; running a marathon and a sprint at the same time: TCS Management
TCS executives discuss generative AI pipeline revenue, growth prospects, AI challenges, and revenue conversion uncertainties. They anticipate growth revival, emphasize efficiency, innovation, and the complexity of running a marathon and sprint simultaneously. Krithivasan says "the Cloud unit that we formed is doing really well. They have launched several offerings to customers, which are really noteworthy and people like it. So, we should do well."
TCS in for some bounce after a good Q4 show
"While the revenue was lower than our expectations, the margin improvement and deal wins remained robust, driven by better utilisation of resources," said Sumit Pokharna, IT analyst at Kotak Securities. "In the near term, the stock is likely to move up as the numbers are good."
TCS Q4 net profit up 9%; two partners leave Lightspeed
Revenue from operations saw a marginal 3.5% year-on-year increase to Rs 61,327 crore. In constant currency terms, TCS clocked a revenue growth of 2.2% in the March quarter. The growth was led by the India business (up 38%), followed by the UK (6.2%).
Airtel Q3 results: PAT seen rising 13% QoQ, revenue at 2.7% on premiumisation, subscriber growth
Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December quarter, a 6.3% YoY jump. Revenues are expected to reach Rs 38,800 crore, an 8.4% YoY growth. The profit after tax (PAT) is expected to be Rs 2,340 crore, a 10.5% YoY decrease. ARPU is projected to grow 1% QoQ to Rs 205. Africa's revenue is expected to fall 2% QoQ to $1,221 million. Bharti Airtel is targeting a Rs 50,000 crore market opportunity with its enterprise offerings.
Byju’s rights issue at $500 million valuation; what’s hurting cloud kitchens?
Happy Wednesday! Beleaguered edtech major Byju’s finally filed its much-delayed audited FY22 results with the Registrar of Companies. It’s also holding talks to float a rights issue at a valuation of less than $1 billion. Yes, you heard it right. More on that in today’s ETtech Morning Dispatch.
Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
Cloud kitchen startup Curefoods reports fourfold jump in FY23 revenue, loss widens
The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore
Salesforce shares jump nearly 10% as strong cloud demand drives stellar results
Salesforce's revenue of $8.72 billion and adjusted profit of $2.11 per share beat Wall Street expectations, the company reported after the closing bell on Wednesday. It also forecast fourth quarter revenue to reach between $9.18 billion and $9.23 billion, and adjusted profit to range from $2.25 to $2.26 per share, higher than analyst estimates.
Jubilant FoodWorks Q2 Results: Profit slides 39% YoY to Rs 72 crore, misses estimate
Jubilant FoodWorks Q2 profit after tax (PAT) margin declined by 38 bps sequentially to 5.4% while its EBITDA margin came in at 20.9%, lower by 23 bps sequentially. During the quarter, the pizza seller reported a 4.5% YoY rise in its revenue from operations to Rs 1,344.8 crore as compared to Rs 1,286.8 crore in the year-ago period.
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