Recently, the shares of Billionaire investor Warren Buffett-led Berkshire Hathaway scaled to a record high of $ 5,55,800.00 per share, after its operating profit rose above 10 billion for the first time. Berkshire Hathaway is the most expensive stock in the world and its share price has increased by more than 56 thousand percent since [...]
Puravankara Limited, one of India’s most trusted real estate players, announced its financial results today for the first quarter (Q1FY24) ending June 30, 2023. The company recorded sales of Rs. 1,126 crores, an increase of 119% Y-o-Y. Sales volume for the quarter stood at 1.36 msft, up by 97% Y-o-Y with a strong collection of [...]
Private steel player Jindal Steel and Power Ltd (JSPL) on Friday posted a 13 per cent decline in consolidated net profit to Rs 1,692 crore for the June quarter due to higher expenses. It had clocked a net profit of Rs 1,990 crore in the April-June period a year ago, the company said in a [...]
The companies with less market capitalization have reported impressive results in the June quarter of FY24, with robust margin expansion, healthy loan growth, and asset quality improvements. Here are three penny stocks with net profit growth of up to 170% YoY Arihant Capital Markets Ltd Arihant Capital Markets Limited is a financial services company offering [...]
ABB India's net profit more than doubled to Rs 296 crore in the June quarter mainly due to higher revenues, the company said on Friday. The company reported a net profit of Rs 147 crore in the quarter, a statement showed. Total revenues of the company rose to Rs 2,509 crore in the quarter under [...]
Beauty and fashion firm FSN E-Commerce Ventures, which operates under Nykaa brand, on Friday posted 8 per cent increase in consolidated net profit at Rs 5.4 crore for June quarter 2023-24. The company had clocked a net profit of Rs 5 crore in the same period a year ago. Profit attributable to equity shareholders, however, [...]
On Friday this Multi-bagger stock opened at Rs. 203.70 and went by the upper circuit's 10% upper limit. The company's disclosure of a 92% increase in net profit. The Relative Strength Index (RSI) of this company stands at 71.52 and the stock is trading above the 50-day and 200-day moving average. Genus Power Infrastructure Ltd [...]
A company with a “fundamentally strong” nature portrays a specific set of characteristics including lower leverage ratios, strong financial numbers, consistent margins & ratios, etc. Listed below is one such fundamentally strong stock which is trading at a discount of more than 35 percent from its 52-week high: Fine Organic Industries Limited With a market [...]
NIIT Limited on Friday reported a net profit of Rs 2.2 crore for the first quarter ended June 30, 2023. The company had posted a loss of Rs 4.5 crore in the same period a year ago, the company said in a regulatory filing. The revenue from operations reduced by 33 per cent to Rs [...]
Diversified group Raymond Ltd on Friday reported a multi-fold growth in consolidated net profit at Rs 1,066.74 crore in the June quarter, helped by gains from sales of its consumer business to Godrej Consumer Product Ltd (GCPL). The leading textile and apparel maker had posted a net profit of Rs 81.93 crore during the April-June [...]
