Posts in category Economic Times
CRISIL Q1 Results: Profit declines 5.5% YoY to Rs 138 crore; Rs 7 dividend declared (16-04-2024)
CRISIL Ltd reported a 5.5% YoY decline in consolidated net profit to Rs 138 crore for the March quarter, with revenue rising 3% YoY to Rs 738 crore. The Board approved an interim dividend of Rs 7 per share. Margins dropped to 26%, and EPS fell by 5% to Rs 18.84.
Emerging-market assets sink to 2024 low amid growth, rate risks (16-04-2024)
A risk-off sentiment gripped developing-nation assets, taking a cue from money markets that were no longer pricing a Federal Reserve interest-rate cut in September, pushing their expectation to November.
Over 15 MF schemes slashed holdings in 8 stocks in March. Do you own any? (16-04-2024)
For the last image I.e the first slide
Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD (16-04-2024)
Suvankar Sen discusses the growth potential of the industry, competition concerns, and the impact of rising gold prices on consumer behavior. He emphasizes the importance of increasing the diamond stud ratio for future revenues and margins. Sen says: "In a Rs 7 - 8 lakh crore market, if you add up all the numbers of all the turnovers of the big industry players, you will see a lot of scope and a lot of room for all to keep growing"
Ramdevbaba Solvent booked 6.47x on Day 2; Grill Splendour’s issue fully subscribed (16-04-2024)
In the unlisted market, Ramdevbaba Solvent shares are trading with a GMP of Rs 20. This compares with an offer price of Rs 80 apiece. On the other hand, Grill Splendour's shares are currently commanding a GMP of Rs 8 in the unlisted market as against an offer price of Rs 120 per share.
Mukesh Ambani-owned company’s shares surge 14% ahead of Q4 results (16-04-2024)
The shares of RIL-owned chocolate manufacturer, Lotus Chocolate rallied 14% to hit a 52-week high of Rs 470 on BSE in Tuesday's trade ahead of its Q4 results which are due later today.
Fitch affirms ratings of SBI and Canara Bank at ‘BBB-‘ (16-04-2024)
State Bank of India'S business profile score of 'BBB-' is the highest among Indian banks, which the ratings agency said reflects SBI's ability to generate business consistently through the cycle while managing risk better than peer state banks.
Expecting ROCE to be higher than 20% in long run: Sunil Bohra, Uno Minda (16-04-2024)
This 540 crore of investment we will be able to put a capacity of 120,000 wheels a month and it can generate potentially revenues of roughly around 650-700 crores a year, a lot also depends on the commodity pricing.
How sequence of return risk can impact retirees’ portfolio (16-04-2024)
Sequence of return risk is the danger that the timing of withdrawals from an investment portfolio, particularly during retirement, coincides with a period of poor investment returns.
Following your stock market heroes may not always pay off. Here’s why (16-04-2024)
The most successful outliers on Dalal Street or for that matter, Wall Street over any given short-term period almost always took some extreme amount of risk that just happened to pay off big.