The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Closing Bell on November 9, 2023: In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent
The EBITDA margin improvement of 980 bps points to 33.4 per cent is a result of not only the revenue momentum but also a shift towards high margin business, the management said.
The company cut guidance due to deferment of shipment plans against the confirmed orders from Clean Energy
The deal consideration is Rs 366 crore inclusive of working capital, and will be funded partly through debt financing
Welspun Corp surged 7 per cent to Rs 489.30 on the BSE, its highest level since February 200
With a robust pipeline of launches in Bengaluru, Chennai, and Hyderabad, the management is confident that the company will sustain the momentum going forward
Closing Bell on November 8, 2023: Volatility index, India VIX, was down over 1 per cent today as ended at 11 levels
Improving product mix, stringent input cost control, efficient marketing strategy, and good volume growth have translated into strong margin expansion during the quarter, the management said
Closing Bell on November 7, 2023: The broader markets, on the other hand, held steady gains throughout the session, settling 0.53 per cent and 0.38 per cent higher, respectively
Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in its sales volume
In Q2, HPCL logged a consolidated net of Rs 5,827 crore, compared to a loss of Rs 2,476 crore in year ago quarter. Revenue, however, dipped 9.7 per cent YoY to Rs 1.02 lakh crore.
In Q3CY23, Ebitda margins improved by 79 bps to 22.8 per cent Y-o-Y driven by higher gross margins and operational efficiencies
The company registered its highest-ever quarterly revenue, volumes and Ebitda during the September quarter.
The stock of the houseware company listed at Rs 831, a 28 per cent premium over its issue price of Rs 648 per share on the BSE
Closing Bell on November 6, 2023: Among sectors, the Nifty Metal, Pharma, Private Bank, and Realty indices added over 1 per cent each
The stock hit a new high of Rs 188.75 and was trading at 59 per cent premium over its issue price of Rs 119 on the BSE
Shares of Inox Wind hit their highest level since July 2016 after its customer, NTPC Renewable Energy, announced the successful commissioning of 50 MW out of 150 MW Dayapar Wind Energy Project
The stock has rallied 13 per cent in tpast two trading days after the company reported its second consecutive quarter of consolidated net profit
The management said the company's focus over the coming 6-8 quarters will be to increase market share in existing and new regions through robust growth in its brandy portfolio.
In Q2FY24, Adani Power's consolidated continuing EBITDA were higher by 202% YoY at Rs 4,336 crore; due to greater sales volumes, lower fuel cost, and higher merchant tariffs.