Divi’s Laboratories Q2 Results: The company reported a 22.5% year-on-year revenue increase in Q2, reaching Rs 2,338 crore, up from Rs 1,909 crore in the previous year’s corresponding quarter. Profit before tax rose to Rs 722 crore, compared to Rs 469 crore in the same period last year.
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Asian Paints Q2 Results: Cons PAT slips 42% YoY to Rs 695 crore amid subdued demand (09-11-2024)
Asian Paints Q2 Results: Asian Paints reported a profit below the ET Now poll estimate of Rs 1,079 crore. In Q2, the company saw a 5.3% decline in consolidated net sales, down to Rs 8,003 crore from Rs 8,451.9 crore in the same quarter of FY24. An interim dividend of Rs 4.25 for FY25 was also announced, with the record date set for November 19 and payment to shareholders scheduled on or after November 28, 2024.
Information versus Insight: Shaping fund analysis and market dynamics (09-11-2024)
As the gap between information and true insight widens, stock market swings will become increasingly intense, with each peak fueled by growing fervor. Enthusiasm will build as more voices join in, until, abruptly, the momentum fades—leaving many holding the ball in sudden silence.
Pragnesh’s portfolio (09-11-2024)
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Execution key for further gains in Tata Power (09-11-2024)
Tata Power’s Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).
Concurrent Gainers: 8 smallcap stocks that gained for 5 days in a row (09-11-2024)
Despite the modest weekly decline, ETMarkets identified eight BSE Smallcap stocks that posted steady price gains throughout the same period.
Steelcast standalone net profit declines 28.51% in the September 2024 quarter (09-11-2024)
Sales decline 25.30% to Rs 75.90 crore
Sri Nachammai Cotton Mills reports standalone net loss of Rs 0.51 crore in the September 2024 quarter (09-11-2024)
Sales rise 15.82% to Rs 16.62 crore