Dalmia Bharat stock update: Dalmia Bharat stock tumbled in Thursday's trade after the company reported a 50 per cent drop in Q4 net profit on a YoY basis.
Indian stock market on Thursday, April 25: The NSE Nifty ended atop the 22,550 levels, up 156 points; Kotak Bank and HUL, however, bucked the trend.
Revenue from its API business, its biggest, fell 8.6% in the fourth quarter, leading to a nearly 14% fall in its total revenue
Maruti Suzuki Q4 preview: Maruti Suzuki India may also see a solid Ebitda margin expansion on falling commodity prices, analysts said
Nestle India January-March quarter financial results: Company announces a dividend of Rs 8.50 per equity share
TCS, Infosys, and Wipro are IT majors that have already declared their numbers for the quarter
The Nifty PSU Bank index was the top sectoral gainer, up over 2 per cent in an otherwise range-bound market on Thursday.
Indian Hotels stock update: Share price declined 5% day after company reported 29% growth in net profit.
The fall came after the company announced a mixed set of March quarter (Q4FY24) results. Hindustan Unilever's profit dipped 1.6 per cent to Rs 2,558 crore, from Rs 2,600 crore a year ago
Stocks to Watch on Thursday, April 25, 2024: The Reserve Bank of India, on Wednesday, directed Kotak Mahindra Bank to stop issue of fresh credit cards and the onboarding of new customers
Syngene International shares ended the day's trade on BSE at Rs 694.2 apiece, down one per cent
The numbers are not strictly comparable as Fincare SFB was merged with AU SFB in the Jan-March quarter
Axis Bank reported net loss of Rs 5728.42 crore in the same period of the previous year
"We believe that the market is slowly returning to normal. If macros and monsoons do help the agri economy...then that will also add to the change," said Jawa
The Indian Hotels Company Ltd (IHCL) on Wednesday reported a 29.36 per cent growth in consolidated profit after tax to Rs 438.33 crore in the fourth quarter ended March 2024. The hospitality company had reported a Profit After Tax (PAT) of Rs 338.84 crore in the year-ago period. For the financial year 2023-24, IHCL reported a consolidated PAT of Rs 1,330.24 crore as against Rs 1,052.83 crore in the previous fiscal. Its total income rose to Rs 1,951.46 crore during the quarter under review, from Rs 1,654.54 crore in the corresponding period of the previous year, according to a regulatory filing. However, its total expenses also increased to Rs 1,416.77 crore as against Rs 1,254.52 crore a year ago. Puneet Chhatwal, Managing Director & CEO of IHCL, said, "With 53 signings in FY2024, IHCL achieved a portfolio of 310 hotels, enabled by attaining scale in each of our brands and forming strategic alliances in new market segments". He shared that looking ahead at FY25, IHCL will continu
On the demand scenario, the management said that the firm expects Q1 FY25 to report growth
Realty firm Macrotech Developers reported its best ever quarterly and annual pre-sales performance with robust margins
The capital adequacy ratio of DCB Bank stood at 16.59 per cent with Tier-I at 14.53 per cent at the end of March 2024
Realty firm Macrotech Developers on Wednesday reported an 11 per cent decline in consolidated net profit to Rs 665.5 crore in the March quarter. However, for the full fiscal year, the company registered a three-fold jump in profit to Rs 1,549.1 crore. Its net profit stood at Rs 744.4 crore in the fourth quarter of 2022-23 and Rs 486.7 crore in the entire 2022-23 fiscal. The company's total income grew to Rs 4,083.9 crore in the quarter under review from Rs 3,271.7 crore in the year-ago period, the company said in a regulatory filing. During 2023-24, the company's total income rose to Rs 10,469.5 crore from Rs 9611.2 crore in the 2022-23 fiscal. Macrotech is one of the leading real estate firms in the country. The company markets its properties under Lodha brand.
Shares of the company closed at Rs 586, with a gain of Rs 24, or 4.3 per cent