While metals, auto, and oil & gas equities made slight declines, shares of FMCG, financials, and private banks rose. The S&P BSE Sensex, the barometer index, increased 122.75 points or 0.20% to 62,969.13. To 18,633.85, the Nifty 50 index increased by 35.20 points or 0.19%. The S&P BSE Small-Cap index increased 0.22%, while the S&P …
Power Finance Corporation has reported results for the fourth quarter (Q4) and the year ended March 31, 2023. The board of the company also recommended a final dividend of Rs 4.50 per equity share with a face value of Rs 10. On a consolidated basis, the company has reported a 42.66% rise in its net …
Shareholders, also known as stockholders or equity holders, are individuals, entities, or institutions that own shares or stocks in a company. When you own shares in a company, you become a partial owner or shareholder of that company. Being a shareholder comes with certain rights and responsibilities. Along with sharing in the overall financial success, …
ROCE, which stands for Return on Capital Employed, is a financial ratio utilized to evaluate a company’s profitability and efficiency in utilizing its capital investments. It measures how effectively a company generates profits from the capital it has employed, encompassing both equity and debt. Expressed as a percentage, ROCE represents the return achieved by the …
The benchmark index S&P BSE 500 opened today at 25,074.05 and made its day high at 25,150.32 and it is trading almost flat with a downside move of 0.01% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …
The domestic markets inched higher during the initial hours of Tuesday, thanks to positive investor sentiment and good corporate results. Meanwhile, Medicamen Biotech reported stellar Q4 numbers as standalone revenue grew 62% YoY to Rs 37.49 crore as compared to Rs 23.09 crore in March 2022. Also, net profits jumped 47% YoY to Rs 4.04 …
Sobha Limited unveils financial results yesterday for Q4 and the fiscal year ending on March 31, 2023. The company’s net profit for the fourth quarter which concluded on March 31, 2023, climbed by 242.25% to Rs 48.6 crore from Rs 14.2 crore as compared to the same quarter last year. The company’s total net sales …
NBCC (India) Ltd has reported robust returns in Q4FY23. The company’s net profit increased by 176.11% to Rs 113.74 crore in Q4FY23 as compared to Rs 176.11 crore in the same quarter last year and increased by 59.32% sequentially. The net sales of the company increased by 14.22% to Rs 2,732.42 crore as compared to …
During the ongoing period of financial developments, Bajaj Hindusthan Sugar Ltd disclosed their financial outcomes today for both the fourth quarter and fiscal year concluding on March 31, 2023. In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, increased by 119.21% to …
Consumer durables, financials, and metals outperformed, while oil and gas and information technology stocks saw some selling. The S&P BSE Sensex rose 344.69 points, or 0.55%, to 62,846.38. The Nifty 50 gained 99.30 points, or 0.54%, to 18,598.65. The S&P BSE Mid-Cap index increased 0.41%, while the S&P BSE Small-Cap index increased 0.30%. The market …
