MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more
The Coffee Day Enterprises (CDEL) on Friday reported that its net revenues jumped by 59% to Rs 924 crore in the fiscal year ended March 31, 2023, compared with Rs 582 crore in the previous fiscal year. The company’s consolidated coffee business contributed Rs 869 crore to the topline in the fiscal year 2022-23. Coffee … Read more
Coffee Day Enterprises Ltd (CDEL) has reported a consolidated net profit of Rs 22.51 crore for the first quarter ended June 2023. It had reported a loss of Rs 18 crore in April-June period a year ago, CDEL said in a BSE filing. Revenue from operations was at Rs 247.29 crore during the quarter under … Read more
Benchmark equity indices ended lower on Wednesday after three days of gain amid profit-taking ahead of the June inflation print, which came in higher owing to high food prices.Fag-end selling pulled down 30-share BSE Sensex by 223.94 points or 0.34% to settle at 65,393.90.Nifty closed below 19,400 levels, with a cut of 55 points or … Read more
Nifty futures on the Singapore Exchange traded 278 points, or 1.61 per cent lower at 17,036, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: : The Tata Group’s IT major will officially kick-off earning season of India Inc. … Read more