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Page Industries Reports 38.1% PAT Increase in Q4 FY 2024

23 May 2024

On May 23, 2024, Page Industries Limited announced its financial results for the Q4 and annual year ended March 31, 2024. In Q4 FY 2024, the company reported a 38.1% increase in Profit After Tax (PAT). Financial Performance in Q4 FY 2024 In the quarter ended March 2024, the sales volume increased 6.1% year over …

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Allcargo Logistics Completes Acquisition of Fair Trade, Securing Full Ownership

23 May 2024

Allcargo Logistics Limited, a leading integrated logistics solutions provider in India, announced the successful completion of the acquisition of Fair Trade GmbH, a German freight forwarding company. This strategic move strengthens Allcargo’s presence in the European market, particularly within the key German logistics landscape. Acquisition Finalized, Full Ownership Secured On May 21, 2024, Allcargo Logistics’ …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 24

23 May 2024

On Thursday, the market reached a record high after the RBI announced its highest-ever dividend for the government. The Sensex rose by 1.61% to close at 75,418.04, and the Nifty increased by 1.33% to finish at 22,898.70. The market cap of BSE-listed companies hit a record Rs 420 lakh crore. Nifty Auto, Nifty Bank, and …

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Top 3 stocks trading below Rs 100

23 May 2024

During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Bank of Maharashtra Ltd Bank of Maharashtra’s stock is currently trading at Rs 68.95, up 2.07% from the previous close of Rs 67.55. Today’s trading session saw a significant volume spike with 32,716,023 …

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ITC Q4FY24 results – Net Profit dips 1.3%

23 May 2024

ITC announced its Q4 FY24 results today, the company’s revenue surged by 1.1% to reach Rs.16,579 crore, reflecting a growth trajectory. However, net profit witnessed a marginal decline of 1.3% to Rs.5,020 crore, because of flattened cigarette sales. Similarly, EBITDA figures also exhibited a slight reduction, down by 0.8% to Rs 6,162 crore along with …

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Adani Enterprises Likely to Replace Wipro and Become The First Adani Group Stock to Enter Sensex 30

23 May 2024

Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed holding company and a part of Adani Group. It is headquartered in Ahmedabad, The flagship company is expected to replace Wipro Ltd. in the benchmark index Sensex 30 in the semi-annual rebalancing exercise of the BSE indices. What is Index  Rebalancing? Index rebalancing involves an initial …

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TVS Motor Strengthened International Operations: Expand Into Italy

16 May 2024

TVS Motor Company (TVSM), a global leader in the two- and three-wheeler industry, announced its official entry into the Italian market. This strategic expansion marks a significant step forward for TVSM, solidifying its position as a major player on the world stage. Offering Premium Mobility Solutions to Italian Consumers Italian consumers can now experience the …

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IEX announces Q4 results, Net profit up 9.5%

16 May 2024

Indian Energy Exchange (IEX) reported a robust financial performance for the quarter and financial year ended March 31, 2024. The Board of Directors approved the audited financial results, showcasing the company’s solid growth and strategic advancements. Financial Performance In Q4FY24, the company achieved a consolidated net profit of 966.9 million rupees, an increase from 883.4 …

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Share Market Pre Open Updates – May 16, 2024

16 May 2024

On May 15, 2024, the Nifty 50 fell 0.03% and closed at 22,210, and the Sensex dropped  0.16%, closing at 72,987.  Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Realty, Nifty Oil and Gas, and Nifty Consumer durables ended in the green. Meanwhile, Nifty FMCG, Nifty Media, Nifty Auto, and Nifty …

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Granules Released Q4 FY2024 Results: EBITDA Increased 12% YoY

15 May 2024

Granules India Limited, a leading vertically integrated pharmaceutical company, announced its financial results for the fourth quarter (Q4) and full fiscal year (FY) 2024, ending March 31, 2024. The report paints a mixed picture, with a slight decline in overall revenue balanced by a significant increase in the North American market. Revenue Trends and Market …

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