Delhivery shares: Should you buy, sell, hold as Q3 loss widens?
1 year, 10 months ago

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?

Live Mint  

Logistics firm Delhivery net loss widened to ₹195.7 crore for the third quarter ended December 2022 as compared to a loss of ₹127 crore in the yea-ago quarter. We believe B2B, operating leverage and low e-commerce penetration driven growth are being underestimated,” said global brokerage Jefferies which has maintained its Buy tag on Delhivery shares with a target price of ₹570. It has retained ‘HOLD’ hold tag with a revised target price of ₹361, as a 44% stock crash in past six months largely discounts this damage to earnings roadmap. For now, Delhivery believes it can achieve 15–20% in FY24E, but this will remain a key stock price determinant.” Delhivery is fully-integrated supply chain services company in the domestic and international space.

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History of this topic

Intraday stocks for today under ₹100: Experts recommend six shares to buy or sell — 24 December 2024
1 day, 6 hours ago

Intraday stocks for today under ₹100: Experts recommend six shares to buy or sell — 24 December 2024

Live Mint  

Intraday stocks for today under ₹100: Following strong global market sentiments after the positive US inflation data, the Indian stock market ended a loss session on Monday. Intraday stocks for today Regarding intraday stocks to buy or sell, stock market experts — Sugandha Sachdeva of SS WealthStreet, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, and Mahesh M …

Buy or sell: Ganesh Dongre recommends three stocks to buy on Monday — December 16
1 week, 3 days ago

Buy or sell: Ganesh Dongre recommends three stocks to buy on Monday — December 16

Live Mint  

Buy or sell: Throughout the week, the Nifty index remained in a range-bound zone, oscillating between the 24,000 and 25,000 levels. Technically, the Nifty index displayed a bullish pattern last week, taking support from the 200-day moving average near the 23,000 mark. Bank Nifty Performance Similar to Nifty, the Bank Nifty index traded within a relatively narrow range, fluctuating between …

₹1.90 to ₹59: Penny stock turns into multibagger, rises 3,000% in 4 years
3 weeks, 1 day ago

₹1.90 to ₹59: Penny stock turns into multibagger, rises 3,000% in 4 years

Live Mint  

One Point One Solutions has witnessed a remarkable surge in its share price on Dalal Street, growing exponentially in a short span of time and establishing itself as one of the largest wealth creators in recent history. The company's stock, which was trading at just ₹1.91 four years ago, has skyrocketed by an astounding 3,000 per cent to its current …

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%
Trending News
3 weeks, 5 days ago

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%

Live Mint  

Bharat Electronics Share Price Today on 29-11-2024: At 29 Nov 11:22 today, Bharat Electronics shares are trading at price ₹307.8, 0.67% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%
3 weeks, 6 days ago

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%

Live Mint  

Bharat Electronics Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Bharat Electronics shares are trading at price ₹306.35, -0.29% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Delhivery is gradually finding its feet amid rising competition
4 weeks ago

Delhivery is gradually finding its feet amid rising competition

Live Mint  

Delhivery Ltd’s shares are hovering near their 52-week lows of ₹325.50 apiece seen on 18 November. Investor sentiment remains subdued given the uninspiring September quarter results amid rapid growth in quick commerce and stiff competition in e-commerce. In comparison, Delhivery’s part truck load segment was the shining star, contributing 22% of total revenue and clocking 27% on-year growth led by …

Indian stock markets get a band-aid, but chronic pain remains
1 month ago

Indian stock markets get a band-aid, but chronic pain remains

Live Mint  

The thumping victory of the Bharatiya Janata Party and its allies in Maharashtra assembly election means political stability with more synchronization of economic policies between the Centre and the state. Foreign portfolio investors have been on a selling spree, offloading Indian stocks worth ₹21,840 crore in 2024 so far, showed NSDL data. Profit after tax growth for BSE500 companies slipped …

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%
Top News
1 month ago

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%

Live Mint  

Bharat Electronics Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bharat Electronics shares are trading at price ₹297.9, 6.09% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%
1 month ago

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%

Live Mint  

Bharat Electronics Share Price Today on 22-11-2024: At 22 Nov 12:04 today, Bharat Electronics shares are trading at price ₹279.1, 1.31% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide?
1 month ago

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide?

Live Mint  

A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. Second consecutive quarter of profit The company reported revenue from services at ₹2,190 crore in Q2FY25, marking a 13% YoY growth compared to ₹1,942 crore in Q2FY24. This growth was primarily …

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?
1 month, 1 week ago

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?

Live Mint  

Delhivery share price rallied nearly 4% on Monday after the logistics company reported net profit for the second quarter in a row. Delhivery reported a consolidated net profit of ₹10.2 crore in the second quarter ended September 30, as against a loss of ₹103 crore in the year ago period. It retained a ‘Buy’ call on Delhivery shares and cut …

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY
Trending News
1 month, 1 week ago

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY

Live Mint  

Delhivery Q2 Results 2024:Delhivery declared their Q2 results on 14 Nov, 2024, showcasing a topline increase of 12.77% year-on-year. Despite the positive quarterly results, Delhivery has faced challenges in the stock market, delivering a return of -6.6% in the past week, -26.59% over the last six months, and -15.08% year-to-date. The consensus recommendation as of 15 Nov, 2024, is to …

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY
Trending News
1 month, 1 week ago

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY

Live Mint  

Bharat Dynamics on Thursday posted a net profit of ₹122.53 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147.09 crore in the year-ago period. Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization decreased 26.2% to ₹99 crore from ₹134 crore, while EBITDA margin narrowed to …

Stock market today: Trade setup for Nifty 50 to Q2 results today; five stocks to buy or sell on Thursday — Nov 14
1 month, 1 week ago

Stock market today: Trade setup for Nifty 50 to Q2 results today; five stocks to buy or sell on Thursday — Nov 14

Live Mint  

Stock Market Today: The correction in the Indian stock markets intensified on Wednesday. Further, with the end of weekly Bank Nifty derivatives contracts, traders are expected to be unwinding positions, possibly weighing on banking stocks, said Kasat Stocks to buy today Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stock picks for today. Sumeet Bagadia's stocks to buy …

Ingersoll-Rand India Q2 Results Live: Profit Rises by 21.4% YOY
1 month, 1 week ago

Ingersoll-Rand India Q2 Results Live: Profit Rises by 21.4% YOY

Live Mint  

Ingersoll-Rand India Q2 Results Live : Ingersoll-Rand India has declared its Q2 results on November 12, 2024, showcasing a robust performance with a topline increase of 16.57% year-on-year and a profit rise of 21.4%. The company's Selling, General & Administrative expenses rose by 7.15% quarter-on-quarter and increased by 12.49% year-on-year, signaling increased operational costs that may impact future profitability. Currently, …

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%
1 month, 1 week ago

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%

Live Mint  

Bharat Electronics Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Bharat Electronics shares are trading at price ₹281.45, -3.03% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Exide Industries shares drop to 5-month low as analysts cut target price post Q2 results
1 month, 2 weeks ago

Exide Industries shares drop to 5-month low as analysts cut target price post Q2 results

Live Mint  

Stock Market Today: Extending their weak performance to the second consecutive day following the Q2 results announcement, shares of Exide Industries, a leader in energy storage and management solutions, fell by another 2.5% in today’s trading, reaching a five-month low of ₹434 per share. On Monday, the company released its Q2FY25 results, which came in below Street estimates, prompting analysts …

Defense Stocks: A Mixed Bag of Opportunities and Risks
1 month, 3 weeks ago

Defense Stocks: A Mixed Bag of Opportunities and Risks

Live Mint  

The stock market is experiencing a decline in defense stocks, with several companies seeing their share prices decline up to 42%. However, the prospects for the defense sector remain strong, driven by strong domestic order inflows and rise in export orders. The rising geopolitical stress also keeps defense manufacturers in focus. Despite domestic companies having substantial orders, execution risks persist …

Stocks To Watch: REC, MCX, and HAL Show Potential for Short-Term Uptick
1 month, 3 weeks ago

Stocks To Watch: REC, MCX, and HAL Show Potential for Short-Term Uptick

Live Mint  

The Indian stock market opened on a mixed note on Wednesday, with the Sensex dropping by 0.16% and the Nifty 50 index shedding 0.39%. Dr. V K Vijayakumar of Geojit Financial Services noted that the market will be swayed by two main factors: decreased foreign institutional investor (FII) selling and increasing local institutional investor (DII) and retail participation.

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend
Trending News
1 month, 3 weeks ago

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend

Live Mint  

Bharat Electronics share price is up by 0.76% today, while the Nifty is down by -0.68%. The stock has hit a high of ₹276 and a low of ₹271 during the day, and is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹265.58, ₹261.22, & ₹255.03, and key …

Stocks to Watch Today: Five Growth Opportunities to Consider
2 months ago

Stocks to Watch Today: Five Growth Opportunities to Consider

Live Mint  

The Indian stock market experienced a recovery in the second half of the trading session on Friday, October 18, with the Sensex gaining 0.27% and the Nifty 50 gaining 0.42%. Bank Nifty saw a positive start to the earnings season, with Bank Nifty recouping the current week losses on account of lower-than-expected slippages. The technical outlook for the Nifty remains …

Kaynes Tech, Cyient DLM, Dixon Tech...Motilal Oswal upbeat on EMS sector, reiterates ’buy’ on 6 stocks
3 months, 1 week ago

Kaynes Tech, Cyient DLM, Dixon Tech...Motilal Oswal upbeat on EMS sector, reiterates ’buy’ on 6 stocks

Live Mint  

The Electronics Manufacturing Services industry in India is experiencing substantial revenue growth, mainly due to robust industry demand, the introduction of new segments and acquisition of new clients, rising domestic production, import replacement, and international collaborations, believes brokerage house, Motilal Oswal Financial Services Ltd. As a result, the brokerage firm anticipates that the EMS industry's pace for profits growth would …

CDSL share price surges over 5%, hits 52-week high on strong Q4 earnings. Should you buy, hold or sell?
7 months, 2 weeks ago

CDSL share price surges over 5%, hits 52-week high on strong Q4 earnings. Should you buy, hold or sell?

Live Mint  

Central Depository Services share price surged over 5% on Monday's session to touch a 52-week high following the leading depository's robust Q4FY24 results. On Saturday, Central Depository Services Ltd said that, for the quarter ended March, its net profit had doubled to ₹129 crore. CDSL share price today opened at ₹2,185 apiece on NSE, the stock touched an intraday high …

Corporate India Revenues Grow Over 3% In Dec Quarter
9 months, 3 weeks ago

Corporate India Revenues Grow Over 3% In Dec Quarter

Deccan Chronicle  

Chennai: Indian companies reported 3.7 per cent growth in aggregate revenues along with margin expansion in the December quarter. However, this softening of input costs along with operating leverage benefits helped the companies witness an expansion of operating profit margin by 171 bps to 17.2 per cent. Nevertheless, input costs remain elevated over historic levels, and as a result, India …

Uday Jewellery Industries Q3 FY24 Results Live: Profit Rise by 15.04% YoY
10 months, 1 week ago

Uday Jewellery Industries Q3 FY24 Results Live: Profit Rise by 15.04% YoY

Live Mint  

Uday Jewellery Industries declared their Q3 FY24 results on 14 Feb, 2024. Uday Jewellery Industries has delivered -6.19% return in the last 1 week, 43.44% return in the last 6 months, and -3.41% YTD return. Currently, Uday Jewellery Industries has a market cap of ₹427.22 Cr and a 52wk high/low of ₹253.7 & ₹75.8 respectively. Uday Jewellery Industries Financials Period …

Small-cap stock hits record high after Q3 results 2024. Jumps 17% on Monday
10 months, 1 week ago

Small-cap stock hits record high after Q3 results 2024. Jumps 17% on Monday

Live Mint  

Despite a heavy sell-off in the small-cap index today and other indices of the Indian stock market, Lagnam Spintex share witnessed strong buying interest on Monday. The small-cap stock opened upside at ₹117.55 apiece on NSE and continued to trade flat till the board of directors of the company declared Q3 results 2024. Lagnam Spintex Q3 results 2024 In Q3FY24, …

Esab India Q3 FY24 Results Live: Profit Rises by 4.52% YoY
10 months, 2 weeks ago

Esab India Q3 FY24 Results Live: Profit Rises by 4.52% YoY

Live Mint  

Esab India, a leading company in the welding and cutting equipment industry, has declared their Q3 FY24 results on 08 Feb, 2024. The topline of Esab India witnessed a growth of 12.74% YoY, indicating a strong performance in the market. Esab India's selling, general & administrative expenses rose by 15.22% q-o-q and increased by 28.71% Y-o-Y. Esab India Financials Period …

Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY
10 months, 3 weeks ago

Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY

Live Mint  

Delhivery Q3 results: Logistics company Delhivery reported a net profit of ₹11.7 crore in the October- December 2023 quarter. The company's consolidated net revenue increased by 13% QoQ to ₹2,194 crore against ₹1,941 crore in the previous quarter. Its net consolidated revenue increased 20.32% YoY against ₹1,823 crore in the year-ago period. The revenue of the logistics company increased by …

TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high
11 months, 1 week ago

TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high

Live Mint  

Marking a significant milestone, TVS Motor, one of the country's leading two-wheeler makers, surpassed the ₹one lakh crore market capitalisation in today's trade as its shares hit a new peak of ₹2,108.95 apiece. The monthly sales figures for December 2023 reached an impressive 301,898 units, marking a 25% growth compared to the 242,012 units recorded in December 2022. The overall …

Delhivery shares fall over 3.50% on large block deal
1 year, 1 month ago

Delhivery shares fall over 3.50% on large block deal

Live Mint  

Shares of Delhivery, the country's largest fully integrated logistics services provider, tumbled 3.70% in early trade on Friday, reaching ₹398.50 apiece. Earlier, it was reported that Japan’s SoftBank Group Corp. would sell shares worth $154 million in Delhivery in a block deal on Friday, Moneycontrol reported on Thursday, citing sources. The bulk deal transaction, which took place in March, was …

Delhivery bets on improving H2 demand to deliver earnings
1 year, 1 month ago

Delhivery bets on improving H2 demand to deliver earnings

Live Mint  

Logistics company Delhivery Ltd poured cold water on investors’ hopes with muted September quarter earnings. The festive season and end-of-year sale season in December attract higher volumes not just from platforms such as Amazon, and Flipkart, but also from brands that have an omni channel presence, the management said in the Q2FY24 earnings call. In October, Express Parcel volumes likely …

PB Fintech shares fall for second session; should you buy, sell or hold?
1 year, 4 months ago

PB Fintech shares fall for second session; should you buy, sell or hold?

Live Mint  

PB Fintech shares continued its losing streak for the second consecutive session on Wednesday's trade following the release of the company's Q1FY24 earnings on Monday, in which it trimmed its on-year losses. On Monday, PB Fintech posted its Q1FY24 earnings where the company reported a net consolidated loss of ₹11.9 crore, which was 94% less than the net loss of …

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore
1 year, 4 months ago

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore

Live Mint  

BHEL Q1 results: Bharat Heavy Electricals Limited reported a consolidated net loss of ₹343.9 crore in the June quarter against ₹188 crore in June quarter FY23. The company's revenue rose by 7.1% to ₹5,003.4 crore in Q1FY24 against ₹4,672 crore in Q1FY23. The company revenue rose by 7% to ₹5,003.4 crore in Q1FY24. Further division of the company revenue shows …

Tata Motors Q1 results: Net profit at Rs 3,203 cr, revenue climbs 42%
1 year, 5 months ago

Tata Motors Q1 results: Net profit at Rs 3,203 cr, revenue climbs 42%

India Today  

Homegrown auto major Tata Motors today reported a consolidated net profit at Rs 3,203 crore for the quarter ended June 2023 driven by Jaguar Land Rover and commercial vehicle operations with the passenger vehicle business showing steady growth. While Ebitda rose a whopping 176% y-o-y at Rs 14,700 crore, the operating margin increased 700 basis points y-o-y at 14.4% during …

IndusInd Bank hits 52-week high on strong Q1 results; Should you buy?
1 year, 5 months ago

IndusInd Bank hits 52-week high on strong Q1 results; Should you buy?

Live Mint  

IndusInd Bank share price rallied over 3% to hit a 52-week high of ₹1,443.35 apiece in the early trade Wednesday after the private sector lender posted decent earnings for the first quarter of FY24, with strong loan book growth and improvement in asset quality, leading to bullish views from analysts. Here’s what brokerages said: Morgan Stanley Morgan Stanley maintained an …

Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why
1 year, 7 months ago

Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why

Live Mint  

Brokerage house, Anand Rathi Securities has raised Dilip Buildcon's recommendation from 'hold' to 'buy' and set a target price of ₹255, which translates to a 57% rise from the current price. The brokerage in its report further added that the company's operating profitability was below average, but the older order book's declining margin drag and rising contribution from current orders …

Delhivery share price rises over 2% ahead of Q4 earnings
1 year, 7 months ago

Delhivery share price rises over 2% ahead of Q4 earnings

Live Mint  

Delhivery share price rose over 2% in the early trade on Friday ahead of the company’s March quarter earnings slated to be announced later today. Logistics company Delhivery is expected to see a 4% YoY decline in express parcel shipment volumes in Q4FY23E given a high contribution of Shopee in the base quarter, as per ICICI Securities. However, PTL volumes …

TCS shares plunge on weaker than expected Q4 profit. Should you buy/hold?
1 year, 8 months ago

TCS shares plunge on weaker than expected Q4 profit. Should you buy/hold?

Live Mint  

Shares of India's top IT exporter Tata Consultancy Services plunged in Thursday's opening deals after the software giant's fourth quarterly profit missed analysts' estimates as cautious clients curtailed technology spending to prepare for a cooling economy. The company's quarterly net profit rose 14.8 per cent to ₹11,392 crore. Its January-March order book stood at $10 billion, down 11.5 per cent …

Delhivery share price slips 2.5% after Softbank’s ₹954 cr block deal
1 year, 9 months ago

Delhivery share price slips 2.5% after Softbank’s ₹954 cr block deal

Live Mint  

Gurugram-based logistics and supply chain, Delhivery traded in the red on Thursday after Softbank offloaded equity shares worth ₹954 crore through a block deal. Softbank-backed arm SVF Doorbell on Wednesday offloaded 2.8 crore equity shares at ₹340.8 apiece in Delhivery aggregating to ₹954.24 crore, as per the BSE's block deal data. As of December 31, 2022, SVF Doorbell's stake in …

Delhivery shares: Buzz of block deal; stock gains
1 year, 9 months ago

Delhivery shares: Buzz of block deal; stock gains

Live Mint  

Shares of Delhivery Ltd gained nearly a per cent to ₹349 apiece on the BSE in Wednesday's early trading session on the back of buzz of a large block deal, after reports on Tuesday suggested that Japanese conglomerate Softbank will offload shares worth ₹600 crore in Delhivery through block deals. Around 2.8 crore shares i.e., 3.8% of equity of Delhivery …

Delhivery shares tank on block deal buzz after rallying for 7 straight days
1 year, 10 months ago

Delhivery shares tank on block deal buzz after rallying for 7 straight days

Live Mint  

Shares of Delhivery tanked more than 3% to ₹334 apiece on the BSE in Wednesday's opening trading session on buzz of large block deals. About 1.22 crore shares of Delhivery, i.e., 1.7% of equity, worth ₹410 crore changed hands at an average price of ₹338 per share on Wednesday, as per a report by CNBC-TV18. We believe current price factors …

Debt free company declares ₹28 per share dividend, net profit up 91% in Q3
1 year, 10 months ago

Debt free company declares ₹28 per share dividend, net profit up 91% in Q3

Live Mint  

With a market valuation of ₹6,317.06 Cr, Esab India Ltd. is a mid-size business that operates in the capital goods industry. Esab India said in a stock exchange filing that the Board of Directors “has declared Second Interim Dividend of Rs.28/- per equity share of Rs.10/- each for the financial year ending 31 March 2023 resulting in an outflow of …

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls
1 year, 10 months ago

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls

Live Mint  

Logistics company Delhivery announced its third quarter earnings today. The company widened its consolidated loss for the quarter ended December 31, 2022 to ₹195.7 crore in the third quarter of the financial year 2023 compared to ₹126.5 crore during the same period last year. Total income also came in lower at ₹1,918 crore for the third quarter of financial year …

This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results
1 year, 10 months ago

This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results

Live Mint  

Cement maker ACC Ltd's Q3 FY23 EBITDA declined 32% from the year ago quarter, with blended EBITDA/ton also declining similarly, both being broadly in line with analysts estimates. The company reported a net profit of ₹113 crore during the December 2022 quarter, down 60% year-on-year, on higher costs, flat cement prices and stagnant volume growth, whereas its revenue was up …

Bandhan Bank Q3 results muted: What should investors do?
1 year, 11 months ago

Bandhan Bank Q3 results muted: What should investors do?

Live Mint  

Kolkata-headquartered private lender Bandhan Bank witnessed subdued third quarter earnings with both net interest income and profitability on the dip side. In its post-Q3 research note, Motilal Oswal on the bank said, "Bandhan Bank reported a muted 3QFY23 characterized by sluggish business growth, tepid NII, and elevated provisions. The brokerage continues to remain watchful of asset quality and the high …

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy
2 years, 1 month ago

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy

Live Mint  

Leading government-owned power generation equipment manufacturer, Bharat Heavy Electricals reported a standalone net profit of ₹10.29 crore for the quarter ending September 30, 2022 period. During the quarter, sales stood around ₹4,927.95 crore in Q2FY23 versus ₹4,910.62 crore in Q2FY22 and ₹4,449.49 crore in Q1FY23. For the sixth month period of FY23, on a standalone basis, BHEL's overall net loss …

Contrasting Q2 stories of two tech giants of India
2 years, 2 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock
2 years, 3 months ago

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock

Live Mint  

With a market capitalization of ₹51,456.63 Crore, Torrent Pharmaceuticals Ltd. is a large cap company in the pharmaceutical industry. 17.22 Crore i.e.. Q1FY23 results of Torrent Pharma On a consolidated basis, the company reported net sales of ₹2347 Cr in the quarter ended June 2022 compared to ₹2134 Cr recorded in Q1FY22 which represents a YoY growth of 10%. The …

One share now ₹50,000. Multibagger stock hits new milestone
2 years, 4 months ago

One share now ₹50,000. Multibagger stock hits new milestone

Live Mint  

Shares of Page Industries rallied to hit the ₹50,000 apiece mark for the first time as the stock surged to life time level of ₹50,338 per share on the BSE in Friday's early deals after the apparel manufacturer reported a multi-fold jump in the first quarter net profit. Page Industries Ltd on Thursday reported a multi-fold increase in its net …

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