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 …
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 …
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. …
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 …
