Wed, Nov 20, 2024 2:41 PM
IFL Enterprises Standalone September 2024 Net Sales at Rs 2.87 crore
A Flip by Avya Verma
Reported Standalone quarterly numbers for ICE Make Refrigeration are: Net Sales at Rs 101.38 crore in September 2024 up 33.88% from Rs. 75.72 crore in September 2023. Quarterly Net Profit at Rs. 4.89 crore in September 2024 up 6.48% from Rs. 4.59 crore in September 2023. EBITDA stands at Rs. 8.51 crore in September 2024 up 10.81% from Rs. 7.68 crore in September 2023.
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Indian solar companies may face increased costs for photovoltaic products like solar panels and cells due to China's rebate reduction on exports from 13% to 9%, potentially driving up project costs for developers reliant on cheaper imports. Indian developers heavily rely on Chinese imports, with 81% of cell demand and 23% of module demand met by China.
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Smart beta investing combines the benefits of active and passive investing, offering a low-cost way to create wealth while potentially earning higher returns. The Nifty Alpha Low Volatility 30 ETF is a smart beta ETF that tracks the Nifty Alpha Low Volatility 30 index, capturing the performance of 30 stocks with high alpha and low volatility.
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