Latest Stock Market News

The robust growth in net profit despite moderate revenue growth was on the back of a stark improvement in operational performance. The tyre maker’s earnings before interest, taxes, depreciation and amortization or EBITDA for the quarter rose more than twofold on year to Rs 1,129.09 crore. As a result, the operating margin expanded by a staggering 1,038 basis points to 18.55%.

Rate this item

(1 Vote)

SBI Q2 Preview: Net profit for the second quarter is seen growing by a marginal 2% year-on-year (YoY), according to the average estimate of four brokerages. Net interest income (NII) in the same period is expected to grow 10% YoY. Analysts also expect operating profit growth to be flat YoY, again due to higher operating expenses and NIM pressure in the September quarter.

Rate this item

(1 Vote)

Net worth of Arvind Beauty FY23 was Rs 10.6 crore, which accounted for 1% of the consolidated net worth of the parent company.

Rekha Rakesh Jhunjhunwala has publicly disclosed her holdings in approximately 26 stocks.

“I think we are set for an industrial revival and as I keep telling people, it may sound a bit boisterous, but I get a déjà vu feeling of the 2003-2008 bull market because the sectors and themes that are moving are very similar to what had happened then. We are extremely overweight are: electrical equipments, capital goods, infrastructure. ”

Avenue Supermart shares rise 0.24% as Nifty gains

Updated at : 2023-11-03 14:20:01

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 4348.0 and a 52-week low of Rs 3292.65.

ICICI Pru Life declines 0.58% as Sensex climbs

Updated at : 2023-11-03 14:20:01

Rate this item

(1 Vote)

The stock traded at a P/E multiple of 82.78, while the price-to-book value ratio stood at 6.23.

Rate this item

(1 Vote)

As of 30-Sep-2023, promoters held 45.25 per cent stake in the company, while FIIs held 16.28 per cent and domestic institutional investors had 19.81 per cent.

Rate this item

(1 Vote)

The Relative Strength Index of the stock stood at 41.78 on Friday.

Suzlon said its service business continues to do well while forging and foundry business SE Forge consolidated on its foundation for future growth. The company has a net cash of Rs 599 crore by September 2023, which is a marked shift from net debt of Rs 1,180 crore in March 2023.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.