Mon, Nov 25, 2024 2:33 PM
Rico Auto Consolidated September 2024 Net Sales at Rs 575.78 crore
A Flip by Shubhangi Gupta
Reported Standalone quarterly numbers for Cubex Tubings are: Net Sales at Rs 55.20 crore in September 2024 down 13.75% from Rs. 64.01 crore in September 2023. Quarterly Net Profit at Rs. 1.30 crore in September 2024 down 0.49% from Rs. 1.31 crore in September 2023. EBITDA stands at Rs. 2.76 crore in September 2024 up 6.15% from Rs. 2.60 crore in September 2023.
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The S&P 500 will hit 7,000 points by the end of next year, according to Deutsche Bank AG’s Bankim Chadha, making him most optimistic among Wall Street strategists predicting further gains for US stocks. Chadha’s target — highest among those tracked by Bloomberg — implies a surge of 17% from current level. The forecast far surpasses those of peers at Goldman Sachs Group Inc. and Morgan Stanley.
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Surana Telecom and Power reported a 50.1% decline in net sales to Rs 1.85 crore in Q2 2024, but a 362% increase in net profit to Rs 2.49 crore, with EPS rising to Rs 0.18 from Rs 0.04 in Q2 2023. Surana Telecom shares closed at 19.38 on November 22, 2024, with a 7.07% return over the last 6 months and 73.04% over the last 12 months.
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