Posts in category Economic Times
Sapphire Foods Q4 Results: Pizza Hut India operator misses profit view on slow demand (10-05-2024)
The Yum Brands franchisee's consolidated net profit fell 98% to 23.9 million Indian rupees ($286,271.4) for the quarter ended March 31, from 1.36 billion rupees a year ago.
TBO Tek IPO booked nearly 25x on Day 3. Check subscription, GMP, and other details (10-05-2024)
TBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and has an offer for sale (OFS) component of up to 1.25 crore shares by existing investors. The company's shares are trading with a premium of Rs 550 in the grey market.
Dr. LalPath Labs Q4 Reslts: Firm posts higher profit on healthy testing demand (10-05-2024)
Its shares climbed as much as 7.8% after the results before trimming some gains to trade up about 6%. Rival Metropolis Healthcare was up about 2% and Thyrocare Technologies gained about 1%.
Cipla Q4 Results: Profit soars 79% YoY to Rs 939 crore; dividend declared at Rs 13 per share (10-05-2024)
Cipla Q4 Results: Revenue from operations increased 7% year-on-year to Rs 6,163 crore in the March quarter. EBITDA for the quarter under review increased 13% year-on-year to Rs 1,316 crore as against 1166 crore in the last year period.
Fitch Ratings affirms EXIM Bank’s rating; outlook stable (10-05-2024)
Fitch Ratings on Friday affirmed the Export-Import Bank of India's (EXIM Bank) rating with a stable outlook, reflecting its high strategic importance to the state.
Wire fire extinguishes! Polycab shares zoom 65% since January lows to fresh peak (10-05-2024)
Shares of wires and cables manufacturer Polycab India have zoomed 65% to a new all-time high of Rs 6,242 since January’s low of Rs 3,801 when the stock made headlines due to an IT raid. On Wednesday, the shares surged nearly 8% on BSE.
Learning comes before earnings. Learn the basics of momentum and trendline for sustained trading income (10-05-2024)
Focusing on momentum and trendlines, ET Markets is organising a live interactive session with Rohit Srivastava, renowned for his extensive experience as Research Head and Fund Manager at Sharekhan.
Zomato shares may surge 18% as Blinkit likely to drive upside: Emkay Global (10-05-2024)
Emkay Global raises Zomato's target price from Rs 170 to Rs 230 per share, projecting an 18% upside potential, factoring in Blinkit's growth. With increased EPS and EBIT estimates, Blinkit's improved product-market fit drives valuation changes, indicating market expansion in metros and large cities.
Credit growth to be between 11-12% for next financial year: Atul Kumar Goel, PNB (10-05-2024)
For the current financial year 24-25, we have set a target of around 57% and remaining 43% will be the corporate advance because we are one of the largest bank of the country.
LTIMindtree declines 1.2% as Sensex climbs (10-05-2024)
The stock traded at a P/E multiple of 29.97, while the price-to-book value ratio stood at 7.3.