MUMBAI : A key striking feature of Britannia Industries Ltd’s June quarter results is its high single-digit volume growth, estimated at 8% year-on-year, a multi-quarter high. However, pricing was weak, so revenue growth has lagged volume growth yet again. Britannia’s consolidated operating revenue increased by 4% year-on-year in the three […]
q1 results
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first […]
Stock Market Today: Tata Motors share price price have seen sharp 46.6% rise during 2024 to date. The rally in Tata Motors share price has been helped by strong passenger Vehicle growth, stable Commercial Vehicle outlook despite challenges, Electric Vehicle focus and JLR prospects. However investors remain cautious ahead of […]
Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024 (Q1FY25). The company added only 1,500 subscribers in Q1FY25, far below analysts’ expectations, compared to 2,683 subscribers in the March […]
Global brokerage house Nomura has increased the target price of auto component maker Sona BLW Precision Forgings following the company’s impressive results for the quarter ended June 2024 and a strong order book. Maintaining a ‘buy’ recommendation, the brokerage has raised its target price by nearly 15 percent to ₹788 […]
Q1 results: As the corporate earning season continues, the market will witness several marquee companies disclosing their financial results next week. We take a look. Also Read | Q1 Results, US Fed Policy, global cues among key stock market triggers this week Q1 results expected — July 29 to August […]
Indian stock market is experiencing a dichotomy, with high valuations in some sectors limiting investment opportunities, while robust macroeconomic conditions sustain investor interest in domestic equities, analysts said. Benchmark equity indices Sensex and Nifty 50 have declined approximately 1% from their record highs, driven by a broader weak sentiment following […]
Bank Nifty index traded flat with a positive bias on Friday following three consecutive sessions of decline this week. Gains in counters such as Kotak Mahindra Bank, IndusInd Bank, AU Small Finance Bank, and ICICI Bank were offset by selling pressures in Federal Bank, Axis Bank, and HDFC Bank shares. […]
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 […]
Sona BLW Precision share price surged over 4% on Thursday’s session following the release of the company’s strong Q1 results. The Q1 results, according to experts, either met or exceeded the Street’s projections. Sona BLW Precision share price today opened at ₹699.80 apiece on BSE, the stock touched an intraday […]