Refractory player RHI Magnesita India has posted a 27% fall in standalone net profit at Rs 59.71 crore for June quarter 2023-24 on account of increased expenses. It had logged Rs 81.88 crore net profit during April-June period a year ago, the company said in a regulatory filing. Total income however rose to Rs 678.79 [...]
The Covid-19 pandemic demonstrated how vulnerable global supply chains can be, one of if not the worst affected was the semiconductor industry due to the supply being extremely concentrated due to high barriers of entry i.e., it is an oligopolistic market. For over 3 years, this crisis has affected many sectors and industries, the worst [...]
The S&P BSE 500 index broadly represents the Indian market. It consists of the top 500 companies listed on the Bombay Stock Exchange (BSE) and covers all major industries in the Indian economy. Here are a few stocks from the BSE 500 that delivered multibagger returns of more than 200 percent in the past year: [...]
After the release of the latest results on Friday, the stock experienced a strong rise. Currently, the stock is trading at 27% above the 50-day moving average and 34% below the 200-day moving average. The strong and rising volume that has crossed the averages from the previous day and the preceding week is supporting the [...]
Shares of this small-cap stock involved in the ‘Paper’ industry gained more than 10 percent in Friday’s trading session after announcing Q1FY24 results. With a market capitalization of Rs 1,240 crores, the stocks of Satia Industries Limited closed at Rs 124.05 on Friday, a gain of approximately 10.27 percent as compared to the previous close [...]
Dredging Corporation of India Ltd (DCI) on Friday announced returning to black as it posted a net profit of Rs 15.15 crore for the April-June quarter on account of reduced expenses. The company had reported a net loss of Rs 15.71 crore in the April-June period of 2022-23. The total income declined to Rs 205.18 [...]
Kalpataru Projects International on Friday said it posted over 28 per cent rise in consolidated net profit at Rs 113 crore in the June quarter mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 88 crore in the year-ago quarter, a BSE filing showed. Total income of [...]
Apollo Hospitals on Friday said its consolidated profit after tax declined by 47% to Rs 167 crore in the first quarter ended June 30, 2023. The healthcare major had reported a PAT (profit after tax) of Rs 317 crore in the April-June quarter of previous fiscal. Revenue grew by 16% to Rs 4,418 crore in [...]
The largest automobile battery producer in India, Amara Raja Batteries Limited, exports to more than 50 countries and provides vehicle batteries to the aftermarket, the best original equipment manufacturers (OEM), and private labelling. Amara Raja Batteries Limited (ARBL) on Friday held the foundation stone laying ceremony of Amara Raja's advanced energy research and innovation centre [...]
An Indian multinational pharmaceutical firm with its headquarters in Ahmedabad, Zydus Lifesciences Limited, formerly Cadila Healthcare Limited, specializes in the production of generic medications. In 2020, the company was listed as number 100 on the Fortune India 500 list. Zydus Lifesciences Ltd on Friday reported over two-fold rise in consolidated net profit at Rs 1,086.9 [...]
