The shares of Aegis Logistics Limited have delivered 52,430 per cent returns as they have zoomed from Rs 0.5 to the current levels of Rs 293 a piece in twenty years. This shows the power of compounding which can be achieved by long-term investments. If an investor would have invested Rs 1 lakh in Aegis [...]
Agro chemicals firm Best Agrolife Ltd has clocked an over five-fold jump in its consolidated net profit at Rs 129.81 crore for the quarter ended September on higher sales. Its net profit stood at Rs 25.18 crore in the year-ago period, the company said in a statement. Total income also more than doubled to Rs [...]
Domestic Benchmark indices displayed a strong showing on Monday, as they added around 0.8%. The thirty-share index (BSE Sensex) jumped 500 points and ended at 58410 points, while the thirty-share index (NSE Nifty 50) climbed 126 points to end at 17,311 points On Friday, the markets ended marginally higher amid volatility. The BSE Sensex quoted [...]
Life Insurance Corporation of India invests in other companies and many investors like to keep a tab on the changes in the investments of the insurance behemoth. In accordance with SEBI’s regulations, all listed firms must disclose any change in shareholding of more than 2%. Here are a few companies in which LIC has decreased [...]
Established in 1955, West Coast Paper Mills Limited (WCPM) is one of India’s oldest and largest manufacturers of paper for printing, writing, and packaging. Based out of Dandeli, Karnataka, it is a small-cap company with a market capitalization of Rs. 3,850 crores. A new name has emerged in the share shareholding pattern for July to [...]
Yes Bank on Saturday reported 32 per cent decline in standalone net profit at Rs 152.82 crore for September quarter 2022 on higher provisions. The bank had posted a net profit of Rs 225.50 crore for the year-ago same period. In preceding June quarter 2022, the net profit stood at Rs 310.63 crore. Total income [...]
Kotak Mahindra Bank on Saturday reported an about 27 per cent rise in net profit at Rs 2,581 crore for the quarter ended September 2022. The private sector lender had posted a net profit of Rs 2,032 crore in the same quarter of the previous fiscal year. Total income during July-September period of 2022-23 grew [...]
IRB Infrastructure Developers on Friday reported a 101.65 per cent jump in consolidated net profit to Rs 85.30 crore for the second quarter ended September 2022. The company had clocked a consolidated net profit of Rs 42.30 crore in the corresponding quarter of the previous fiscal, it said in a statement. Total income during the [...]
Private sector lender Karur Vysya Bank on Friday reported a 52 per cent jump in its net profit at Rs 250 crore for the quarter ended September 30, on the back of a double-digit growth in net interest income and fall in bad loans. The South-based lender had posted a net profit of Rs 165 [...]
Drug firm Laurus Labs on Friday said its consolidated net profit increased 14 per cent to Rs 233 crore in the second quarter ended September 30, 2022. The company had reported a net profit of Rs 204 crore in July-September period a year ago. Revenue from operations rose to Rs 1,576 crore in the quarter [...]
