Adani Enterprises Q2 Preview: Firm likely to see increase in revenue
Mon, Oct 28, 2024 6:08 PM

Adani Enterprises Q2 Preview: Firm likely to see increase in revenue

A Flip by Avya Verma
Get it on Google Play
Adani Enterprises, which is scheduled to announce its results on October 29, is expected to report a 17 percent year-on-year (YoY) increase in revenue at Rs 26,345 crore, according to Bloomberg Estimates. Meanwhile, EBITDA for the period is also expected to increase to around 4,900 crore from around Rs 2,979 crore in the corresponding quarter of the previous fiscal.

More great flips

Bandhan Bank's new MD & CEO Partha Pratim Sengupta takes charge

Bandhan Bank's new MD & CEO Partha Pratim Sengupta takes charge

Partha Pratim Sengupta has taken charge as the new MD & CEO of Bandhan Bank, with Ratan Kumar Kesh resuming his role as executive director and COO. Sengupta has a proven track record, having held positions at State Bank of India and Indian Overseas Bank, and aims to drive growth and deliver value for all stakeholders.

Open Flip
Power consumption rises marginally to 140.4 billion units in October

Power consumption rises marginally to 140.4 billion units in October

India's power consumption rose marginally by about one percent to 140.47 billion units (BU) in October compared to a year ago, mainly due to heavier base effect. In the year-ago period, the power consumption grew by over 22 percent to 139.44 BU from 113.94 BU in October 2022.The highest supply in a day (peak power demand met) dipped to 219.22 GW in October 2024.

Open Flip
Gold, silver prices jump over 4% in October on safe-haven demand

Gold, silver prices jump over 4% in October on safe-haven demand

Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for a sharp correction during the last trading session.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon