Basically, businesses have two primary avenues for acquiring capital to support their growth: equity and debt. Companies with a substantial amount of debt on their balance sheets often appear worrisome, while companies with minimal debt are generally seen as appealing. Despite debt being regarded as a more cost-effective funding option than equity, thanks to its …
The domestic market inched higher for yet another day amidst positive market sentiment and good corporate earnings. Good quality midcap and Smallcap stocks have seen strong buying interest from investors, post their release of quarterly results. One such stock is Prince Pipe & Fittings, which rose 6% intraday during Friday’s trading session to hit the …
India Cements Capital Ltd, a prominent NBFC company in India, recently released its quarterly and annual financial results for the fiscal year ending on March 31, 2023. Here are the key details: Quarterly Updates (Q4FY23): The total revenue stood at Rs 1.23 crore, marking a substantial 69.10% increase compared to Q4FY22. The EBITDA stood at …
Step into the captivating world of the stock market, where fortunes are made, and dreams are shattered. In this realm, short-term stock price fluctuations dance to the rhythm of public sentiment, while long-term success is intricately woven with the tapestry of earnings. As we find ourselves amid the exhilarating earnings season for the quarter that …
Today, the shares of Oberoi Realty Ltd has closed at Rs 942.90, up by 2.39% from its previous closing of Rs 920.90 on the BSE. In order to purchase the land and buildings on it, measuring approximately 25,700 square metres (6.4 acres), located at Pokhran Road 2, Thane, Maharashtra, Oberoi Realty and NRB Bearings (NRB) …
In Vijayawada city of Andhra Pradesh, Lupin has opened a new satellite laboratory. The move is a part of Lupin Diagnostics’ ongoing growth strategy, which aims to improve access to high-quality testing services and broaden the diagnostics network throughout the nation. With total 27 laboratories and more than 410 collection centres spread across India, Lupin …
While metals, financial services, commodities and energy companies fell in value, shares in telecommunication, realty, technology, and industrials were in high demand. The S&P BSE Sensex barometer index increased by 99 points or 0.16% to 61,872.62. To reach 18,322 the Nifty 50 index gained 35.75 points, or 0.20%. The Sensex rose 0.85% in just 5 …
Shares of Bharat Electronics Ltd (BEL) experienced a 0.93% surge on Tuesday, reaching Rs 108.90 per share compared to the previous closing of Rs 107.90. The intraday trading witnessed a high of Rs 109.20 per share and a low of Rs 107.30 per share. Notably, the company’s shares reached a 52-week high of Rs 115 …
On Wednesday Ircon International Ltd reported a 13.56% YoY increase in net profit on a consolidated basis at Rs 243.02 crore for Q4FY23 as compared to Rs 214 crore in the same quarter last year and on a sequential basis, net profit increased by 22.10%. The net sales of the company increased by 28.05% to …
The benchmark index S&P BSE 500 opened today at 24,647.12 and made its day high at 24,709.87 and it is trading almost flat at the time of writing. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Shares of Star Cement …
