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- May 16th, 2024
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[ad_1] Majority of domestic and global brokerages have maintained their ‘buy’ call on SBI after India’s largest PSU posted record profits.Also read:SBI posts record profit in Q4 on rise in income, leash on spendState Bank of India, after market hours...
[ad_1] Target: â¹530 CMP: â¹455.90Q4-FY24 revenue stood at â¹37,400 crore (-2 per cent y-o-y/+4 per cent q-o-q), in line with our estimates of â¹37,600 crore. Blended ASP was â¹1,699/t (-9 per cent y-o-y/-2 per cent q-o-q), largely in line with...
[ad_1] Shares of Marico Ltd zoomed 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit in quarter that ended March 2024. A few brokerages even upgraded the FMCG company post-results and hiked price targets.The stock ended at ₹582.10...
[ad_1] Target: â¹730CMP: â¹564.70Profit jumped 40 per cent y-o-y in Q4-FY24 to â¹140 crore, in line with our estimate. The incurred claims ratio came in at 64.1 per cent (360bp y-o-y) vs. our estimate of 62.7 per cent in Q4....
[ad_1] Motilal Oswal Financial Services’ net profit increased over four times to ₹725 crore in the fourth quarter ended March 31, 2024 against ₹165 crore logged in the same period last year.Income more than doubled to ₹2,158 crore (₹1,034 crore).The...
[ad_1] Target: â¹1,590 CMP: â¹1,322.30In our initiating coverage report on Adani Ports & SEZ Ltd in Octâ23, we had highlighted that the companyâs improving utilisation levels at its current ports, along with its ramping up of volumes at newly acquired...
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