Strong deal momentum to keep Street hooked on to Persistent

Strong deal momentum to keep Street hooked on to Persistent

ET Intelligence Group: The stock of Persistent Systems, a mid-tier IT services company, has gained 10% since its second-quarter result announcement last Tuesday, taking the three-month return to 20%. The stock has remained buoyant following the company’s strong business momentum in the September quarter, even as the broader market has shown weakness. The key business … Read more

Dabur India, PI Industries could rally 19-26% return on above normal monsoon: Siddhartha Khemka

Dabur India, PI Industries could rally 19-26% return on above normal monsoon: Siddhartha Khemka

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

Learn With ETMarkets | Smart ways to analyse stock fundamentals: A beginner’s toolkit

Learn With ETMarkets | Smart ways to analyse stock fundamentals: A beginner’s toolkit

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

Early birds report strong Q2 growth

Early birds report strong Q2 growth

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

NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%

NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%

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

Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%

Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%

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

Why this two-wheeler stock is poised to do well despite pressure on volumes

Why this two-wheeler stock is poised to do well despite pressure on volumes

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