Posts in category All News
UltraTech Cement Q1 PAT rises YoY to Rs 1,697 crore (19-07-2024)
The cement major's consolidated net profit rose marginally to Rs 1,696.59 crore in Q1 FY25 as against Rs 1,688.45 crore in Q1 FY24.
Japan’s Nikkei tracks Wall Street lower; chip gains cap losses (19-07-2024)
U.S. stocks tumbled on Thursday, as investors continued to rotate away from high-priced megacap growth stocks and second-quarter earnings season gathered steam.
Retail folks investing $7.6 billion a month as equity cult growing in India: Chris Wood (19-07-2024)
Chris Wood notes $7.6 billion monthly retail inflows boosting Indian equity ownership to 18.4% by FY24 from 16.6% in FY21, while foreign institutional ownership is 19.9%.
Mangalam Organics Ltd. – A promising Pine chemistry story (19-07-2024)
There are hundreds of sources, but are all behind paywall. For a commodity like this, yearly pricing won’t be of much use.
Paytm Apr-Jun quarter loss widens to Rs 840 cr (19-07-2024)
Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company. The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago.
HDFC Bank Q1 Preview: Muted sequential show expected as PAT may fall up to 5% QoQ (19-07-2024)
HDFC Bank's June 2024 results on July 19 may report a 5% net profit drop, attributed to weak deposits and the merger with HDFC Ltd. Investors should watch loan and deposit growth commentary. Net interest income might increase slightly; assets, NIM, and CD ratio remain stable. Operating expenses controlled, fee income aligns with loan growth, lower provisions expected.
Ponni Sugars (Erode) standalone net profit declines 87.84% in the June 2024 quarter (19-07-2024)
Sales decline 44.00% to Rs 54.73 crore
Kabra Extrusion Technik consolidated net profit declines 65.22% in the June 2024 quarter (19-07-2024)
Sales decline 34.00% to Rs 88.20 crore