Tue, Nov 26, 2024 11:08 AM
Over 40 stock ideas as Nifty bulls attempt to regain strength
A Flip by Avya Verma
The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. 2024 has seen a remarkable surge in India's primary market with 302 companies listing, driven by favorable conditions and high retail investor participation. Notable IPOs include Swiggy and Hyundai, while SME offerings have attracted significant attention.
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Arihant Avenues and Credit reported a standalone quarterly net loss of Rs 0.21 crore in September 2024, down 825.33% from Rs 0.02 crore in September 2023, with net sales decreasing 97.69% to Rs 0.03 crore. Despite this, the company's shares have given 53.91% returns over the last 6 months and 66.39% over the last 12 months.
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Reported Standalone quarterly numbers for Bharat Dynamics are: Net Sales at Rs 544.77 crore in September 2024 down 11.54% from Rs. 615.81 crore in September 2023. Quarterly Net Profit at Rs. 122.53 crore in September 2024 down 16.7% from Rs. 147.09 crore in September 2023. EBITDA stands at Rs. 184.87 crore in September 2024 down 12.93% from Rs. 212.33 crore in September 2023.
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