While the banking sector may have underperformed compared to the Nifty over the past 6 to 12 months, it remains poised for significant long-term growth due to India’s largely underbanked population. The Nifty Bank index has gained 8.5 percent year-to-date in 2024, compared to an over 13 percent rise in […]
q4 results
On Monday’s session, Infibeam Avenues share price opened at ₹31.74 apiece on BSE, the stock touched an intraday high of ₹32.32, and an intraday low of ₹31.57. According to Ruchit Jain, Lead Research Analyst at 5paisa, the near-term trend for the stock is sideways, but it has support in the […]
Banking Q4 Review Reviewing the Q4 results for the banking space, the brokerage pointed out that banks, including Small Finance Banks (SFBs), in its coverage have sustained robust credit growth, aligning closely with anticipated 17 percent year-on-year growth (excluding HDFCB). While some banks have voiced concerns regarding corporate growth due […]
Krystal Integrated Services share price jumped over 5% on Tuesday’s session after the firm reported its Q4 results. For the quarter that ended March 31 (Q4FY24), the company’s consolidated profit after taxes (PAT) surged 70.3% on year to ₹15.7 crore from ₹9.2 crore in Q4FY23. The facility management and security […]
Shares of Finolex Cables surged over 25 percent in 2 sessions after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The stock jumped as much as 11.7 percent in intra-day deals on Monday to its record high of ₹1,433. This is the second consecutive session in […]
The stock declined around 1 percent to its day’s low of ₹436.90 in intra-day deals today, Friday, May 24. It has now corrected 12.5 percent from its peak of ₹499.60, hit in July last year but has advanced over 9 percent from its 52-week low of ₹399.30, hit on March […]
Shares of Finolex Cables surged over 14 percent in intra-day deals on Friday to its record high of ₹1,308.25 after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The firm posted a 6.3 percent year-on-year (YoY) increase in its consolidated net profit at ₹186.1 crore for […]
Stock Market today: Nifty IT Index rebounded 1.3% on Thursday and was among top sectoral index performers. The stocks as Coforge, Persistent, TCS, Mphasis, LTIMindtree, Infosys share prices gained up to 4%. The rebound in the IT index comes after having fallen up to 4.7% year-to-date and around 2.5% […]
Also Read | Q4 results this week: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings The FY24Q4 earnings season started in the second week of April this year and is ongoing. More than 500 companies are set to announce their fourth quarter or Q4 results this week. […]
The Navratna Defense PSU reported a 30% increase in consolidated net profit, totaling ₹1,797 crore compared to ₹1,382 crore in the same period last year. Revenue from operations for the quarter grew by 32.18% year-on-year to ₹8,564 crore. For the full fiscal year (FY24), the company reported consolidated revenue from […]