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Nykaa Q3 Results: Revenue from operations jumped 22% year-on-year to Rs 1,789 crore in the reporting third quarter as against Rs 1463 crore in the corresponding quarter of previous year. EBITDA for the quarter increased by 26% YoY to Rs 98.8 crore in the December quarter. EBITDA margins expanded to 5.5%, showing a growth of 26% YoY driven by direct and indirect costs efficiencies.

From the Senses pack, HCL Tech, TCS, Maruti and Wipro were the top gainers, rising 3.5-4.5%. L&T, Infosys, Tata Steel, Bharti Airtel, SBI, and Tech Mahindra also closed higher, while Power Grid, IndusInd Bank, ITC, Kotak Bank and Bajaj Finserv closed with cuts.

Brokerage firm Axis Securities in its latest report has listed its top largecap picks for this month.

Analysts believe Park Hotels IPO allows investors to invest in the eighth largest hotel chain, which has a diversified portfolio and strategically positions itself in key markets, leveraging an asset-light model.

Crompton Greaves shares down 4.56% as Nifty gains

Updated at : 2024-02-06 15:20:01

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A total of 86,692 shares changed hands on the counter till 02:10PM (IST).

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​Dividend yield is an indicator of the return that investors are earning on their shares​

UGRO focuses on nine core sectors and 150 sub sectors. If you look at our DNB UGRO report, you will see that across all our sectors, the ticket size for our MSME customer has been on an increasing trend.

Cryptoverse: DeFi dream is still alive

Updated at : 2024-02-06 15:20:01

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The total value of tokens (TVL) deposited on DeFi-focused blockchains has risen by about 40% since November to about $60 billion, hitting its highest level since August 2022 last month, according to data provider DeFi Llama.

Analysts said investors who got the allotment can book partial while holding the rest for the medium term. BLS E-Services enjoys a long-standing partnership with leading banks, ensuring a stable revenue stream and recurring business. It operates in a high-growth industry driven by increased digitization and financial inclusion initiatives.

​You are right in saying that the top line growth is slightly moderated. I think this was not very far from expectations. Previous calendar year was a year when many companies bore the brunt of inflation after the Russia-Ukraine conflict started and commodities rose.

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