Posts in category Economic Times
Park Hotels consolidated EBITDA margin for FY24 was 35% and is going to go up further: Vijay Dewan (30-05-2024)
Apeejay Surrendra Park Hotels, led by MD Vijay Dewan, reported a consolidated EBITDA margin of 35% for the past year, with plans for further improvement through efficiency measures and hotel upgrades. He says going forward, the EBITDA margins are going to further improve and a significant improvement in PAT in the coming year is expected as well.
3 stocks close crossing below VWAP on May 29 (30-05-2024)
On May 29, the closing prices of three stocks from Nifty500 pack dropped by more than 2% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.
Buy Aster DM Healthcare, target price Rs 400: Prabhudas Lilladher (30-05-2024)
Aster DM Healthcare Ltd. key Products/Revenue Segments include Hospital Services, Pharmaceuticals, Other Operating Revenue, Other Services and Consultancy Income for the year ending 31-Mar-2023.
ETMarkets AIF Talk: This Rs 300-cr fund manager unveils M.E.R.I.T strategy to pick investments for portfolio (30-05-2024)
Himanshu Kohli, Co-founder of Client Associates, discusses identifying themes early for investors and the fund philosophy emphasizing value in business with strong fundamentals and execution. He mentions raising Rs 300 crore in AUM.
3 stocks closed crossing above VWAP on May 29 (30-05-2024)
On May 29, the closing prices of three stocks from the Nifty500 pack rallied over 3% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.
Q4 results today: Apollo Hospitals among 895 companies to announce earnings on Thursday (30-05-2024)
Fourth quarter earnings season is wrapping up with 895 companies reporting results on Thursday. Investors keenly await Apollo Hospitals' results, expecting robust growth driven by improved ARPOB and HealthCo operations. Analysts predict up to a 68% YoY increase in net profit, with sales expected to rise by 13%.
TPG Asia to sell entire stake in RR Kabel via Rs 957 crore block deal today (30-05-2024)
The private equity firm acquired a 21% stake in RR Kabel five years prior to the IPO, which was launched in the latter half of 2023. Since then, it has continuously reduced its stake.