ITC Limited is a multinational with its main office in Kolkata. ITC is present in a variety of sectors, including FMCG, hotels, software, packaging, paperboards, speciality papers, and agro. 13 enterprises across 5 market areas make up the organization. It exports its goods to 90 different nations. Diversified conglomerate ITC Limited on Friday said the [...]
About Greaves Cotton Limited: Greaves Cotton Limited (GCL) is a diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years. The Company is a leading name in Fuel Agnostic Powertrain Solutions, E-Mobility, Aftermarket & Retail. The ' Company's diversification strategy is driven by customer-centricity and sustainability. GCL is [...]
A company is said to be “Fundamentally Strong” when the company portrays a certain set of attributes including strong and consistent numbers, high profitability metrics, low leverage ratios, and many more. Listed below is one such fundamentally strong stock under the ‘Large-cap’ category with a potential upside of more than 25 percent to add to [...]
Foreign Institutional Investors (FIIs) are considered as market movers. They are institutional investors from outside the country who invest in the stock market of a specific nation. Market players, analysts, and investors closely monitor FII purchase activity because it can give insight into wider market sentiments and investor interest in individual nation stocks. When FIIs [...]
Life Insurance Corporation of India (LIC) on Thursday reported a multifold jump in its April-June quarter net profit to Rs 9,544 crore. The state-run life insurance behemoth had a net profit of Rs 683 crore in the year-ago period. The total income increased to Rs 1,88,749 crore for the June quarter as against Rs 1,68,881 [...]
Aditya Birla Group flagship Hindalco Industries, and Texmaco Rail & Engineering on Thursday entered into a strategic alliance and announced a Rs 200 crore investment to develop and manufacture aluminum rail wagons and coaches that will help the Railways achieve emission goals and boost operating efficiency. The companies are identifying land in the Eastern region [...]
Torrent Power on Thursday posted over six% year-on-year rise in consolidated net profit at Rs 532.28 crore in the June quarter, mainly on the back of higher revenues. The company had reported consolidated net profit of Rs 502.01 crore a year ago, a regulatory filing said. Total income of the company rose to Rs 7,413.32 [...]
Aditya Birla Group firm Grasim Industries on Thursday reported a decline of 6.61 per cent in consolidated net profit at Rs 2,576.35 crore for the June quarter, impacted by softening of realisations in domestic business and its subsidiary UltraTech Cement. The company had posted a net profit of Rs 2,758.75 crore during the April-June quarter [...]
Hinduja Global Solutions' net profit more than halved to Rs 16.63 crore in just ended June quarter, compared to the year-ago period, hurt by reduction in other income. The total income stood at Rs 1,247.6 crore during the first quarter ended June 2023, compared to Rs 1,321.33 crore in the same period of the previous [...]
Analysts of various Brokerage houses are continuously tracking the basic financial metrics of companies every quarter, and one of the most important parameters under coverage is the “Net Profit Margin” as it showcases the company’s potential in operations. Listed below are four Multibagger stocks that have reported net profit margins of up to 45 percent [...]
