Muthoot FinCorp records highest-ever loan disbursement in FY24 at ₹61,703 crore
On a standalone basis, Muthoot FinCorp's disbursements rose 15% year-on-year to ₹50,167.12 crore from ₹43,443.26 crore in the previous year
City Union Bank records 17% up Q4 net at ₹254.81 crore
For the financial year ending March 31, 2024, the net profits of the bank breached the ₹1,000 crore mark, with ₹1,015.73 crore, up by 8% from ₹937.47 crore registered a year ago
Bhagyanagar Ind Consolidated March 2024 Net Sales at Rs 409.68 crore, down 38.22% Y-o-Y
Bhagyanagar Ind Consolidated March 2024 Net Sales at Rs 409.68 crore, down 38.22% Y-o-Y
Eris Lifesciences Q4 Results: Net profit jumps over 29% to Rs 80 crore
The Ahmedabad-based drug maker reported a net profit of Rs 61.5 crore during the corresponding quarter of the previous year. Revenue of Q4FY 24 grew by 37% YoY to Rs 551 crore. The net debt on March 31 stood at Rs 2700 crore.
HDFC Bank exits Protean eGov Technologies; sells entire stake for Rs 150 crore
HDFC Bank sold 3.20% stake in Protean eGov Technologies. According to the bulk deal data available with the BSE, HDFC Bank sold 12,94,326 shares. The shares were offloaded at an average price of Rs 1,160.15 apiece
Warburg Pincus to sell 3.5% stake in Apollo Tyres
Warburg Pincus subsidiary White Iris Investment is likely to sell a 3.5% stake in Apollo Tyres on Wednesday. It aims to raise Rs 1,040 crore. The deal size is 2.24 crore shares.
Ircon International Q4 Results: Net Profit Rises Over 15% To Rs 286 Crore
Total revenue of the company rose 0.6% to Rs 3,796.59 crore from Rs 3,773.97 crore in the year-ago quarter.
Aptus Value Housing Finance Promoters Offload Stake For Rs 1,024 Crore
SBI Mutual Fund on Tuesday bought 3.65% stake in the company comprising 182.32 lakh shares at Rs 294 per share.
JK Tyre Q4 Results: Net profit zooms 54% YoY to Rs 172 crore
JK Tyre & Industries on Tuesday said its consolidated net profit increased 54 per cent to Rs 172 crore for the fourth quarter ended March 31, 2024, on account of higher sales. The tyre maker had reported a net profit of Rs 112 crore in the year-ago period.
Arvind Fashions Q4 Results: Net Profit Rises To Rs 39.7 Crore
Arvind Fashions had sold its Sephora business to Reliance Retail in the last December quarter. According to AFL, its profit from continuing business was at Rs 25 crore, up 72% year-on-year.
Apollo Tyres block deal: Warburg Pincus arm likely to sell 3.5% stake for Rs 1,040 crore
The floor price for the block deal will likely be Rs 460-465 per share
Eris Lifesciences Q4 Results: Profit Up 30%, But Misses Estimates
Eris Lifesciences Q4 Results: Profit Up 30%, But Misses Estimates
RateGain Travel Shares Surge To Over Two-Month High On Q4 Profit Rise
Net profit was up 23.8% sequentially to Rs 50 crore during the January-March period.
Hindustan Zinc stock soars 14% to new high; metal firm's shares rally 121% YTD
Hindustan Zinc stock has delivered multibagger returns of 121 percent year-to-date. In comparison, Nifty metal index has risen 24 percent and Nifty 50 index has risen 3.7 percent during this period.
Bharat Dynamics shares zoom 46% in 6 days ahead of proposed 1:2 stock split
Shares of the PSU stock Bharat Dynamics Limited (BDL) have witnessed a remarkable surge, increasing by a little over 46% in the past six days. On Tuesday, the stock rose by 10% on the BSE, reaching a new all-time high of Rs 2,689. This surge in share price comes as the company approaches its record date for a 1:2 stock split, scheduled for May 24th.
Kaynes Technologies shares soar 40% in three days after Q4 results exceed Street expectations. Is it time to buy or sell
Kaynes Technologies' shares have surged over 40% in the past three trading sessions on the BSE following the company's robust performance in the January-March quarter. Today, the stock saw a further spike of 12%, reaching a 52-week high of Rs 3,638.4. In Q4 FY24, Kaynes Tech reported a significant increase in consolidated net profit, soaring by 96.8% year-on-year (YoY) to Rs 813 crore.
GAIL Expects Transmission Volumes To Grow At Average 10% Over Next Two Years
The city gas distributor's transmission volumes could grow over 10 million metric standard cubic meters per day, each financial year, for next two years.
Multibagger defence PSU BEL surges over 9% after Q4 results, earns upgrade from Motilal
BEL shares hit a record high, up 9% after a 30% profit increase and dividend declaration. Brokerages are optimistic about BEL's growth potential, with target prices set by Nomura & Motilal Oswal, citing improved margins & government support for the defence sector.
Delhivery shares crash 12% on higher-than-expected Q4 loss. Should you buy, sell or hold?
Delhivery shares plummeted 12% to Rs 383.90 as higher losses in Q4 disappointed investors. CLSA downgraded the stock to underperform, citing revenue growth below expectations. Despite some positive metrics, profitability concerns persist, with analysts revising target prices.
Balkrishna Industries shares jump 8% to 52-week high, brokerages remain mixed
Balkrishna Industries' management refrained from giving any volume growth guidance for FY25 as the demand outlook remains uncertain due to geopolitical tensions.