SUNDARAM MULTI PAP LTD Q2 RESULTS
MF Talk: Sunil Subramaniam advises retail investors to enter markets with over 10 year time horizon
Large institutional flows into large cap implies that it is harder to deliver alpha by active fund managers - but they are a critical part of an investor’s asset allocation decision.
Radhakishan Damani-linked entity buys 43 lakh shares of smallcap, stock zooms 16%
Bhagiradha Chemicals shares were bought at Rs 188.49 per share via a bulk deal on Tuesday. Bhagiradha Chemicals’ 79.73% shareholding rests in the hands of the public, whereas 20.27% is held by the promoter group as per the latest shareholding data available with the exchanges.
ABFRL Q4 Results: Net loss widens to Rs 266.35 crore YoY
Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).
Cochin Shipyard shares surge 10%, hit record high post Q4 results
In Monday's trading session on the BSE, shares of state-run Cochin Shipyard soared 10% to reach a new all-time high of Rs 2100. This surge followed the company's announcement of a substantial increase in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter, driven by higher income. In comparison, the company had reported a profit of Rs 39.33 crore in the corresponding period last year.
Stocks in news: NTPC, Cochin Shipyard, Hindustan Copper, Karnataka Bank, Narayana Hrudayalaya
Torrent Pharmaceuticals consolidated net profit surged 56.45% to Rs 449 crore in Q4 FY24 as compared with Rs 287 crore recorded in Q4 FY23. Revenue from operations rose 10.2% YoY to Rs 2,745 crore in the quarter ended 31 March 2024.
Cochin Shipyard Q4 Results: Net profit soars multi-fold to Rs 259 crore
State-owned Cochin Shipyard Ltd on Friday reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the year-ago period, the company said in a regulatory filing.
- Go To Page 1
GIFT Nifty rises 120 points; here's the trading setup for today's session
"We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial
ABB India Q1 Results: Net profit jumps 87% to Rs 460 crore
During the quarter, consolidated revenues came in at Rs 3,080 crore, up 28% from Rs 2,411 crore in the year-ago period.
BPCL shares jump 5% after Q4 results, 1:1 bonus issue announcement
BPCL Share Price: BPCL shares rose 5% despite a 35% net profit drop. Revenue was Rs 1.32 lakh crore. A 1:1 bonus was approved. Ebitda for the reporting quarter came in at Rs 9,213 crore. FY24 net profit was 26,673 crore.
CarTrade share price soars 11% after strong Q4 results. What are brokerages saying?
The profit after tax for the reported quarter stood at Rs 24.97 crore, resulting in year-on-year (YoY) growth of 43%, while the company had reported a consolidated revenue of Rs 116 crore.
Bunge Q1 Results: Profit falls on weaker agribusiness results, shares drop
Agricultural commodities trader Bunge Global reported a smaller-than-expected decline in first-quarter profit on Wednesday as good oilseed processing results in Europe and Asia blunted the impact of weaker grain trading margins.
LTIMindtree announces dividend of Rs 45 per share
A final dividend of Rs 45 per share has been recommended by the board of directors of LTIMindtree as the company also announced its Q4 earnings result on Wednesday.
Jio Financial Q4 Results: Net profit rises 6% QoQ to Rs 311 crore
The net profit was Rs 294 crore in the preceding December quarter. For the full year ended March 2024, the financial services company's net profit grew multi-fold to Rs 1,604 crore as against just Rs 31 crore in FY23.
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."
Wells Fargo Q1 Results: Profit shrinks on lower interest income
Wells Fargo's profit fell 7% in the first quarter as it became more costly to pay customers for deposits and demand from borrowers declined, the bank reported on Friday.
TCS Q4 Preview: Reversal of furloughs to aid sales growth; FY25 outlook on radar
TCS likely to see sequential revenue growth in Q4 driven by BFSI and manufacturing sectors, with key focus on management commentary on new deals and vertical outlook.
Cupid Q4 Results: Net profit increases 184% YoY to Rs 24 crore
For the full year, net profit rose 26% to Rs 39.85 crore against Rs 31.58 crore during the previous fiscal.
ETMarkets AIF Talk: Vikaas M Sachdeva shares framework for identifying future multibaggers in 4-5 years
Vikaas M Sachdeva of Sundaram Alternates discusses equity funds' growth potential, embracing quality indices over value. Sundaram's diverse funds show strong performance, focusing on high returns while prioritizing risk management and unexplored market opportunities for investors. Sachdeva says that while value indices tend to experience steeper corrections and prolonged underperformance, quality indices offer better risk-adjusted returns over time.
Oil India shares gain over 30% in three sessions. Here's why
Shares of Oil India surged 10% to a 52-week high of Rs 617 on the NSE. Brokerages Morgan Stanley and Motilal Oswal maintained their positive stance on the company's earnings, production outlook, and hydrocarbon growth amidst a decline in net profit.
Policybazaar shares cross IPO price after 2 years, jump 14% on first-ever profit
Policybazaar share price: PB Fintech's first-ever profit catapulted its stock to a fresh 52-week high. Target price upgrades served as the icing on the cake. BofA raised the target, retaining its neutral rating. Kotak Institutional Equities maintained a buy view relying on broad-based growth. Nuvama raised the price target but retained the 'reduce' rating on rich valuations. PB Fintech reported a consolidated net profit of Rs 38 crore, against a loss a year ago. Revenue increased 43% YoY to Rs 871 crore.
PNB raises profit guidance to Rs 7,000 cr for FY24
Going by revised guidance, the fourth quarter profit would be upwards of Rs 2,000 crore as well. In the third quarter ended December 2023, the bank earned a profit of Rs 2,223 crore, registering an over 253 per cent jump over the same quarter a year ago.
Syngene International Q3 Results: Net profit rises 2% YoY to Rs 112 crore, company revises revenue guidance
The rise in Q3 profit of Syngene International was led by dedicated centres and development and manufacturing services, even as discovery services business remained soft. The third quarter revenue from operations rose 9% YoY to Rs. 854 crore. The earnings before interest, tax, depreciation and ammortisation (EBITDA) rose 5% YoY to Rs. 261 crore in Q3FY24. The EBITDA margin dropped 100 basis points YoY to 30%.
Shree Cement Q2 Results: Profit more than doubles to Rs 447 crore; revenue up 19% YoY
Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter. Operating profit or EBITDA for the quarter jumped 64% YoY to Rs 886 crore. The total sales volume increased 10% year-on-year to 8.2 million tonnes in the July-September period.
Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others
Power Grid, Shree Cements, Trent, Zydus Lifesciences, Info Edge (India), Indian Railway Catering & Tourism Corporation, Cummins India, Alkem Laboratories, UNO Minda, Prestige Estates Projects, among others will release their Q2 earnings on November 7
Balu Forge Industries Q2 Results: Net profit grows to 24 crore
The operations from this facility are expected to commence from Q4 FY24, which will enable it to produce heavier and more complex crankshafts having better realisations and margins, BFIL said.
Q2 Results Tomorrow: What to expect from Britannia, Hero MotoCorp, Sun Pharma & Tata Steel
Apart from these four, the other major earnings that will be tracked by Dalal Street investors are Adani Wilmar, Ambuja Cements, Godrej Consumer Products, LIC Housing Finance, REC Ltd, Indraprastha Gas, and Kansai Nerolac Paints
PNB Q2 Results: Net profit grows multi-fold to Rs 1,756 cr; NII up 20%
PNB Q2 Results: Net interest income (NII) during the second quarter rose 20% year-on-year to Rs 9,923 crore. It was Rs 8,271 crore in the year-ago period. Operating profit (before provisions and contingencies) jumped 12% to Rs 6,216 crore in the reporting period as against Rs 5,567 crore in the last year period.
Mahindra Logistics shares fall 6%, hit 52-week low post Q2 results
Mahindra Logistics reported a 4% increase in volumes for its MLL Express business during the quarter. As for warehouse management, Mahindra Logistics continues to show a strong presence with 19 million square feet of warehouse space under its purview within the 3PL business.
Syngene Q2 Results: Net profit jumps 14% to Rs 117 crore
Net profit before an exceptional item rose 20% YoY to 122 crore. The exceptional item pertains to transaction costs relating to the acquisition of the multi-modal facility of Stelis Biopharma
Load More
