Larsen & Toubro Ltd’s stock shot up more than 2.5% on Thursday after its consolidated Ebitda increased 15% year-on-year to ₹5,615 crore in the June quarter (Q1FY25), slightly above Street estimates. Profitability was led by robust execution of international projects, while domestic ones remained subdued. The strong pipeline of orders […]
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V-Mart Retail Ltd shares were up more than 5% on Friday and hit a new 52-week high of ₹3,284.95. Earlier this week, the value fashion retailer said in its June-quarter update that total revenue increased by about 16% year-on-year to ₹786 crore. Since then, V-Mart’s shares have gained almost 12%. […]
Polycab India Ltd’s shares are up 11% in the past two trading sessions, having hit a new 52-week high of ₹6,468.90 on Monday. The reason is simple. Investors are upbeat about the strong March quarter (Q4FY24), which saw the company gain market share and grow its volumes. The wires and […]