Biocon Ltd, on a consolidated basis has reported a 1,202.58% rise in net profit for Q4FY23 to Rs 454.60 crore as compared to Rs 336.90 crore in the previous quarter same year and reported a rise of 34.94% YoY. The net sales of the company increased by 56.67% to Rs 3,773.90 crore as compared to …
While IT, consumer durables, and real estate companies fell in value, shares in metal, media, and oil & gas were in high demand. The S&P BSE Sensex barometer index increased 18.11 points or 0.03% to 61,981.79. To reach 18,348 levels, Nifty 50 index gained 33.60 points, or 0.18%. The Sensex rose 0.89% over three straight …
Investing in a company means entering into an implicit partnership with its management, becoming a part owner of the business and sharing in its triumphs and failures. As a minority owner, it becomes crucial to evaluate the credibility, honesty, and work ethic of the majority owner—the management. Honest and effective management is a key ingredient …
On Tuesday, Nifty opened gap up and traded higher. In such a strong bullish trading session, tyre sector stocks witnessed strong buying activity and one stock from the same sector showed decent strength and registered a breakout of continuation pattern weekly charts. The stock Balkrishna Industries Ltd. engages in the manufacture and sale of off-highway …
As the season of financial results is on, NACL Industries Ltd has reported results for Q4FY23 and year ended 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 70% to Rs 34 crore from Rs 20 …
As 2022 begins, what are some of the stocks to watch out for this year? Which categories should investors keep a close eye on? What are the sectors that are likely to drive the stock market? Find out all this and a lot more in this blog. Let’s start. Some of the key reasons that …
Servotech Power Systems Ltd has announced that its Board of Directors will hold a meeting on Thursday, May 25, 2023, at 03:00 p.m. to discuss and approve several matters. These include the sub-division (split) of the face value of equity shares, the alteration of the capital clause in the memorandum of association and any other …
On Monday, Fineotex Chemical Ltd closed at Rs 303.90, up 19.41% from its previous closing of Rs 254.50 on the BSE. The company posted excellent financial performance for the quarter ended March 31, 2023. It reported consolidated revenue of Rs 137.69 crore, surged 13.43% YoY from Rs 121.39 crore. EBITDA grew by 60% YoY to …
Indian benchmark indices ended Monday’s session considerably higher, boosted by robust gains in information technology and utility sectors. Broader indices gained in line with the main indices. CEAT Ltd, a small-cap tyre stock, has impressed investors with its strong uptrend. On the BSE, shares are currently trading near a 52-week high of Rs 1,981 per …
As the financial results season is on, Elgi Equipments Ltd has reported results for Q4FY23 and year ended on March 31, 2023. In comparison to the same quarter last year, the company’s net profit for the fourth quarter that ended on March 31, 2023, increased by 132.82% to Rs 170.10 crore from Rs 73.06 crore …
