On a consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 699.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 130.04 crore for the same quarter in the previous year. Total income of the company increased by 30.16% at Rs 22,551.94 crore for Q4FY23, as …
The Friday session is unfolding as a truly remarkable one for the domestic benchmark indices, as both the Nifty and Sensex experience an impressive surge of nearly 1%. What makes this even more intriguing is the simultaneous drop of nearly 5% in the India VIX, also known as the fear index. This decline signifies a …
Company Overview: KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future. With a strong team of over 10,000 passionate professionals worldwide, known as “Automobelievers,” KPIT specializes …
Amitabh Bachchan, the legendary Shahenshah of Bollywood. Renowned for his illustrious film career, his charm extends far beyond the silver screen. Behind the scenes, Bachchan possesses a Midas touch that transcends mere cinematic brilliance, reaching into the realms of investments and financial prowess. Amitabh Bachchan’s discerning eye for success goes beyond selecting blockbuster movies or …
Amidst the unfolding season of financial outcomes, Heritage Foods Limited unveiled its financial results for both Q4FY23 and the fiscal year ending on March 31, 2023. In addition, the company also recommended dividend. In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, …
In the last trading session of the week, Nifty opened gap up and traded higher to touch the last swing high. In such strong bullish trading session, some stocks from the Metal sector witnessed strong buying activity and one stock from same sector showed decent strength and registered a breakout of the continuation pattern on …
On Friday, the stock opened at Rs 975.30 and has touched a high and low of Rs. 982.15 and Rs. 962.85 respectively. Adani Green Energy’s subsidiary, Adani Wind Energy Kutchh Five has commissioned 130 MW Wind Power Plant at Kutchh in Gujarat. The plant has a 25-year Power Purchase Agreement (PPA) of 130 MW with …
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 …
