The India Meteorological Department (IMD) announced its stage-2 long-range forecast for southwest monsoon 2024. It has retained its outlook of an above-normal monsoon this year. It expects rainfall in the upcoming monsoon to be at an eight-year high of 106% (with an error margin of +/-5%) of the long-period average of 870mm for the four-month … Read more
Embarking on the journey of stock analysis as a beginner can feel overwhelming, with terms like PE ratio and EBITDA making it seem like a maze. However, fear not! This article seeks to illuminate the path by providing essential tools for evaluating a company’s financial health, profitability, and growth potential. Understanding Fundamental Analysis Fundamental analysis, … Read more
Mumbai: The initial trend in the second quarter results season is along anticipated lines with double-digit growth in net profit helped by a low base in the year-ago period and a stellar performance by banking and finance companies, offsetting a muted show by software exporters. For a sample of 219 companies, aggregate net profit grew … Read more
MUMBAI – State-owned power producer NTPC Ltd reported a 9.4% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 4,066 crore. Revenue from operations, however, declined 2.3% YoY to Rs 39,122.25 crore. Total expenses for the quarter was Rs 33,528.14 crore, compared to Rs 35,598.4 crore a year ago. Operating profit, … Read more
on Saturday reported a nearly 63 per cent YoY rise in net profit for the September quarter to Rs. 730.48 crores. Revenue for the quarter rose nearly 36 per cent on year to Rs. 10385 crores. The earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter rose more than 33 per cent on … Read more
In the coming quarters, volume growth will largely depend upon the impact of the second wave of the pandemic. Synopsis The operating margin before depreciation and amortisation (EBITDA margin) of India’s largest two-wheeler maker expanded by 100 basis points year-on-year to 13.9% in the March quarter. ET Intelligence Group: Despite raw material inflation, Hero MotoCorp … Read more