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Medicamen Biotech Reports Stellar Q4 Results; Announces Dividend

Medicamen Biotech Reports Stellar Q4 Results; Announces Dividend

30 May 2023

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 Ltd.’s PAT Grew 242% in Q4; Stocks Rallied 5%!

Sobha Ltd.’s PAT Grew 242% in Q4; Stocks Rallied 5%!

30 May 2023

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 Reports 170% Jump In Consolidated Profit in Q4FY23!

NBCC Reports 170% Jump In Consolidated Profit in Q4FY23!

30 May 2023

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 …

Bajaj Hindustan Sugar Stock Soars 11% on Strong Q4 Results

Bajaj Hindustan Sugar Stock Soars 11% on Strong Q4 Results

29 May 2023

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 …

Top 5 Small-Cap Stocks to Watch Out for Today, May 30, 2023

Top 5 Small-Cap Stocks to Watch Out for Today, May 30, 2023

29 May 2023

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 …

Coforge: Joint Second in Customer Satisfaction Among IT Providers

Coforge: Joint Second in Customer Satisfaction Among IT Providers

29 May 2023

On Monday, the stock of Coforge opened at Rs 4502.05 and touched a high and low of Rs 4504.60 and Rs 4405, respectively.   Coforge has been ranked a joint second among IT service providers in customer satisfaction in ‘Whitelane Research’s 2023 UK IT Sourcing Study. Coforge’s customers in the UK have given an overall satisfaction …

3 Stocks from BSE 500 Jumped by More than 6% Today, Do You Own Any?

3 Stocks from BSE 500 Jumped by More than 6% Today, Do You Own Any?

29 May 2023

The benchmark index S&P BSE 500 opened today at 25,055.11 and made its day high at 25,134.58 and it is trading with an up move of more than 0.40%.                    From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today.            …

Lotus Chocolate Stocks Hit the Upper Circuit

Lotus Chocolate Stocks Hit the Upper Circuit

29 May 2023

Significant gains in the financial services, banking and metal sectors enabled Indian headline indices to get off to a roaring start this week. With gains of more than 3%, Mahindra & Mahindra led the BSE Sensex rally as shares surged due to optimism sparked by a robust quarter performance. At 12:35 pm, the BSE Sensex …

Interview with Lalit Khetan, ED and CFO of Ramkrishna Forgings Ltd

Interview with Lalit Khetan, ED and CFO of Ramkrishna Forgings Ltd

29 May 2023

Can you shed some light on your results? During the fiscal year 2023, Ramkrishna Forgings Ltd have experienced positive results and significant growth. Firstly, our revenue for Q4 FY2023 reached Rs 835 crore, representing a year-on-year growth of 22%. For the entire fiscal year FY2023, our revenue amounted to Rs 3,001 crore, demonstrating a year-on-year …

KPI Green Energy Reports Stellar Q4 Results; Boosts Renewable Sector

KPI Green Energy Reports Stellar Q4 Results; Boosts Renewable Sector

29 May 2023

The domestic markets rallied on the first trading session of the week, thanks to positive global cues and good corporate earnings by key stocks. The broader market witnessed strong buying interest after good institutional inflow and positive investor sentiment.  Meanwhile, KPI Green Energy (NSE Code – KPIGREEN) has reported stellar Q4 numbers for FY2022-23.  In …

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