Shares of Britannia Industries rallied 9.4% to Rs 5,193.6 in Monday’s trade on BSE despite the FMCG major reporting a 3.6% year-on-year (YoY) decline in net profit to Rs 538.3 crore in Q4 of FY24. On a sequential basis, the net profit saw a decline of 3.2% over Rs 556.39 crore reported in Q3FY24. The … Read more
Ambuja Cements reported a standalone net profit of Rs 532 crore for the quarter ended March 2024, which is higher by 6% year-on-year. The company had clocked a profit of Rs 502 crore in the same period last year. Revenue from operations during the fourth quarter increased 12% year-on-year to Rs 4,780 crore, compared with … Read more
Mutual funds have emerged as a popular investment option in India, offering the dual advantage of expert money management and tax-efficient returns. However, to maximize the tax efficiency of mutual fund investments, it’s crucial to understand the different distribution types and taxation methods. Taxation of Mutual Fund Gains The taxation of mutual fund gains in … Read more
Bajaj Auto. Share Price 8498.45 03:58 PM | 22 Feb 2024 266.21(3.24%) HCL Technologies. Share Price 1686.40 03:58 PM | 22 Feb 2024 50.11(3.07%) Eicher Motors. Share Price 3951.40 03:57 PM | 22 Feb 2024 115.06(3.00%) Coal India. Share Price 445.15 03:59 PM | 22 Feb 2024 12.20(2.82%) ITC. Share Price 414.45 03:59 PM | … Read more
Kotak Mahindra Bank. Share Price 1769.60 03:59 PM | 20 Oct 2023 31.15(1.79%) IndusInd Bank. Share Price 1469.10 03:55 PM | 20 Oct 2023 18.75(1.29%) Tata Consultancy Services. Share Price 3494.55 03:59 PM | 20 Oct 2023 38.91(1.12%) SBI Life Insurance Company. Share Price 1362.65 03:58 PM | 20 Oct 2023 14.50(1.07%) NTPC. Share Price … Read more
Mumbai: Gujarat-based listed public sector undertakings (PSUs) were among the top performers on the bourses on Wednesday after the state government announced a policy defining a minimum threshold of dividend distribution and allotting bonus shares for all the companies it owns. Shares of Gujarat State Fertilizers & Chemicals surged 20% and closed at a seven-month … Read more
Mumbai | Bengaluru: (TCS) reported 11% on-year growth in net profit for the third quarter of the financial year. An ET poll of analysts had expected the Mumbai-headquartered company’s profits to expand by 12.5%. The company also saw a reduction in its total workforce for the first time in ten quarters as it slowed down … Read more
Synopsis From a hospital stock, which has been quietly adding number of beds, to a gold loan-focussed lender, five stocks have seen an improvement in analysts’ score on SR plus and their stock prices have also moved higher. This improvement in score along with rise in prices took place amid wild market swings. Does better … Read more
MUMBAI: India’s largest infrastructure company Larsen & Toubro today reported a 3 per cent year-on-year rise in consolidated net profit to Rs 3,293 crore, which was slightly below analysts’ estimates. The company reported a 9 per cent on-year growth in consolidated revenues to Rs 48,088 crore, which also missed Street’s expectations marginally. The infrastructure company’s … Read more
MUMBAI: Cement Ltd today reported a 61.5 per cent year-on-year rise in net profit to Rs 1,778 crore, which was slightly higher than analysts’ estimates. The company’s topline soared 34.6 per cent on-year in the quarter to Rs 13,784 crore, reflecting the strong demand and pricing conditions for the industry. “UltraTech’s recovery from the Covid-19 … Read more