Small-cap stock below ₹10: After hitting the lower circuit on Monday, Sarveshwar Foods shares witnessed strong buying on Tuesday. Sarveshwar Foods Q4 results 2024 In Q4FY24, the company's revenue from operations stood at ₹247.32 crore in Q4 FY24, as against ₹129.81 crore in Q4 FY23, year-on-year growth of 91%. The company's EBITDA for the quarter ended March 2024 stood at …
India’s real Gross Domestic Product for FY24 is estimated to have grown by a faster-than-projected 8.2%, quickening from FY23’s 7% pace, the National Statistical Office said in its provisional estimates released on May 31. “While the high frequency indicators were showing healthy economic momentum, nevertheless the sharp jump in GDP growth number for FY24 has come as a positive surprise,” …
Sun Pharmaceutical Industries Ltd. reported consolidated FY24 Q4 net profit grew 34% to ₹2,654 crore from ₹1,984 crore in the year earlier period. The firm’s FY24 consolidated net profit grew 13% to ₹9,576 crore from ₹8,473 crore. This is in addition to the interim dividend of ₹8.5 per share paid in FY24, taking the total to ₹13.5 per share in …
Chennai: Cement prices were down 6 per cent sequentially in the fourth quarter of FY24. A 6 per cent sequential decline in cement prices to Rs 370-375 on average per 50 kg bag was seen in the fourth quarter, with exit prices in March at Rs 360-362 per bag. Thus, at the overall level, cement prices have been subdued, declining …
IT major Wipro on April 19 reported an 8 per cent year-on-year decline in its net profit to Rs 2,835 crore for the March 2024 quarter. In dollar terms, Wipro’s IT services revenue during Q4 FY24 stood at $2,657.4 million, an increase of 0.1 per cent QoQ and a decrease of 6.4 per cent YoY, according to a regulatory filing. …
HCL Tech's fourth-quarter earnings are broadly in line with estimates. Overall, HCL Tech's Q4 results are not seen as a shocker and hence the market is expected to be appreciative of the stock price. In Q4FY23, HCL Tech's consolidated PAT stood at ₹3,983 crore up by 10.85% YoY but down by 2.8% QoQ. Veer Trivedi, Research Analyst, SAMCO Securities said, …