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- May 12th, 2024
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[ad_1] Target: â¹1,10,000CMP: â¹1,24,518.70While MRFâs Q4 revenue was slightly above estimated, margin stood below expectations. Q4 revenue grew 9/3 per cent y-o-y/q-o-q (CEATâs topline growth: 4 per cent y-o-y/1 per cent q-o-q). Outperformance in y-o-y revenue growth was likely due...
[ad_1] Adani Enterprisesâ airport arm has witnessed an 111 per cent increase in PBT in Q4 of FY24 at â¹29 crore as against a loss of â¹275 crore in the same quarter last fiscal. The airport segment, also reduced its...
[ad_1] Adani Ports and Special Economic Zone reported a net profit of ₹2,039.7 crore in Q4 of FY24, up 76 per cent on year while revenue rose 19 per cent to ₹6,897 crore on the back of 26 per cent...
[ad_1] The International Monetary Fund boosted its growth forecast for Asia this year, reflecting a rosier outlook for the region’s two largest economies and flagging a possible upward revision in its outlook for China.Also read:Many twists in net financial flowsAsia...
[ad_1] Target: â¹15,533 CMP: â¹ 12,695.75Maruti Suzukiâs Q4-FY24 print was in-line with our estimates. Revenue/EBITDA/PAT grew 19.3/39.8/47.8 per cent y-o-y. Overall volumes grew 13.4 per cent backed by 12.2/21.7 per cent growth in domestic and international business. Strong demand trend...
[ad_1] IT firm LTIMindtree after recording a sequential profit decline in Q4, is confident of bouncing back in Q1 FY25, and aims to drive broad-based growth and improve margin performance, said Nachiket Deshpande, COO, LTIMindtree. The company had absence of...
[ad_1] Shares of HDFC Bank slipped over 1.2 per cent, after reporting its March quarter earnings over the weekend, despite analysts remaining bullish on the stock. The stock settled at ₹1,512.30 on the BSE, after beginning on a positive note...
[ad_1] Sanjiv Puri, president-designate of leading industry body CII, said that India is growing when the world is going through a phase of stress.Also read:India now a top choice for manufacturing investment, says CII President R Dinesh Speaking at an...
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