Marico Q1 Results: Margins under pressure, but revenue grows 23% from last year
Marico Ltd posted an 8% rise in Q1 net profit, surpassing estimates, even as revenue growth of 23% YoY was offset by a contraction in…
Latest News
Escorts Kubota Q1 Results: Stock jumps 6% as margins expand despite drop in revenue
Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) remained flat at ₹322 crore. The EBITDA margin expanded by 50 basis points year-on-year to 13%.
Shree Cement Q1 Results: Other income aids profit, other parameters miss estimates
Shree Cement’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased 34% on a year-on-year basis to ₹1,229 crore, but missed expectations…
Adani Group not exploring any tie-up with BYD: Statement
In an exchange filing, Adani said it is not exploring any form of collaboration with Chinese EV giant BYD for battery manufacturing in India, nor…
Axis MF’s Shreyash Devalkar sees broader market consolidation, stock-specific gains driving current cycle
While valuations across several sectors, including IT, appear reasonable on traditional metrics, Shreyash Devalkar, Head of Equity at Axis Mutual Fund cautioned that meaningful upside…
Sumitomo Chemicals Q1 Results: Strong revenue growth, better profitability aids margin expansion
Sumitomo Chemicals’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 36% on a year-on-year basis to ₹219 crore.
TTK Healthcare Q1 Results: Net profit falls 59% at ₹13 crore; revenue rises 9%
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) dropped 60.3% year-on-year to ₹2.7 crore from ₹6.8 crore. The EBITDA margin also declined to 1.2%, down…
Axiscades Tech arm inks ₹223 crore contract with Indian Army to supply 212 units of tank transporter trailers
As per the contract, AXISCADES Aerospace & Technologies Private Limited, will supply 212 units of 50-tonne tank transporter trailers over two years.
Nine stocks whose IPO price ended up far lower than the unlisted market rate
One Mobikwik Systems and Swiggy saw investors paying ₹850 and ₹500, respectively, in the unlisted market. Their IPO prices were far lower, at ₹279 for…
NSDL, two other IPO allotments to free up nearly ₹2 lakh crore in investor wealth
After being in cautious mode during the earlier part of the year, Retail investor interest has been increasing in the recent IPOs. Four out of…