The company reported an operating profit of ₹226 crore in the quarter against the year-ago loss of ₹47 crore. The operating profit margin stood at 4.7% for the quarter. The improved profitability comes on the back of food delivery margins firming up and quick commerce margins staying near break-even despite the store network expansion.
Pennar Industries Limited (22-10-2024)
Dhruv bhai…please make videos more interesting…please change the way…like divide the video in 5 parts…1 Brief history 2. What the company do 3. Revenue, ebidta, pat mix, 4. Growth drivers, capacity expantion, peer comparision etc… 5. Final conclusion…In this way video will be more interesting…
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings (22-10-2024)
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.
IDFC First Bank Limited (22-10-2024)
IDFC doesn’t have a core bussiness, but it hold shares in IDFC First Bank and some cash and cash equivalents. Now after the merger IDFC First Bank shareholders will see 5% jump as lesser no of shares are been given to IDFC shareholders as the no of shares held by IDFC is higher than the no of shares after the convertion is given to IDFC shareholders and they also get cash and cash equivalent of about 500cr as free which gets transferred to IDFC Bank which will also improve its CRAR further.
Jindal Stainless (Hisar) (22-10-2024)
JM Financial initiated coverage report on Jindal Stainless with target of 910/sh
They had given EV EBITDA multiple of 10, please study report and give your feedback of this multiple
JM_Financial_Initiates_Coverage_on_Jindal_Stainless_,_sees_15%_UPSIDE.pdf (5.9 MB)
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats (22-10-2024)
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
Olectra Greentech – Electric Bus Opportunity (22-10-2024)
With PAT of 47 crores and a 163% increase in YoY profits in Q2, the PE has cooled down to 118 from a median of 169. Olectra may cross its ATH soon. Great time to accumulate for long term as the company is ramping up its production.
Olectra Greentech – Electric Bus Opportunity (22-10-2024)
With PAT of 47 crores and a 163% increase in YoY profits in Q2, the PE has cooled down to 118 from a median of 169. Olectra may cross its ATH soon. Great time to accumulate for long term as the company is ramping up its production.
There’s scope for more insurance companies in India, says Irdai chairperson (22-10-2024)
Speaking at an industry event organised by the CII on Tuesday, Insurance Regulatory and Development Authority of India (Irdai) chairperson Debasish Panda said the 1.4 billion population base offers massive growth opportunities. “There is scope for more than 70 insurance companies to cater to 1.4 billion people. I encourage more conglomerates to enter the insurance sector. It is an exciting time for the industry,” said Panda.
There’s scope for more insurance companies in India, says Irdai chairperson (22-10-2024)
Speaking at an industry event organised by the CII on Tuesday, Insurance Regulatory and Development Authority of India (Irdai) chairperson Debasish Panda said the 1.4 billion population base offers massive growth opportunities. “There is scope for more than 70 insurance companies to cater to 1.4 billion people. I encourage more conglomerates to enter the insurance sector. It is an exciting time for the industry,” said Panda.