Reported Consolidated quarterly numbers for CRISIL are: Net Sales at Rs 917.74 crore in December 2023 up 11.61% from Rs. 822.26 crore in December 2022. Quarterly Net Profit at Rs. 210.12 crore in December 2023 up 32.97% from Rs. 158.02 crore in December 2022. EBITDA stands at Rs. 304.80 crore in December 2023 up 29.95% from Rs. 234.56 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Cerebra Integrated Technologies are: Net Sales at Rs 11.98 crore in December 2023 down 8.13% from Rs. 13.04 crore in December 2022. Quarterly Net Loss at Rs. 29.78 crore in December 2023 down 7980.76% from Rs. 0.38 crore in December 2022. EBITDA stands negative at Rs. 19.96 crore in December 2023 down 1045.97% from Rs. 2.11 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Marine Electricals India are: Net Sales at Rs 146.65 crore in December 2023 up 15.65% from Rs. 126.80 crore in December 2022. Quarterly Net Profit at Rs. 4.98 crore in December 2023 down 31.83% from Rs. 7.30 crore in December 2022. EBITDA stands at Rs. 12.75 crore in December 2023 down 8.93% from Rs. 14.00 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Muthoot Finance are: Net Sales at Rs 3,820.02 crore in December 2023 up 26.93% from Rs. 3,009.60 crore in December 2022. Quarterly Net Profit at Rs. 1,103.52 crore in December 2023 up 18.95% from Rs. 927.71 crore in December 2022. EBITDA stands at Rs. 2,970.96 crore in December 2023 up 28.32% from Rs. 2,315.32 crore in December 2022.
Open FlipGoldman is not alone in trading at a substantially lower price-earnings ratio than the broader S&P 500 Index: All investment banks generate unpredictable profits, juggle tensions between how shareholders and employees divvy up earnings, and endure regulatory whims over how much capital they must retain. But Goldman’s 10-K serves as a helpful reminder.
Open FlipThe Sensex and Nifty bounced back from early losses on February 27 to trade higher in the afternoon, buoyed by gains in heavyweight stocks like TCS, Sun Pharma, Maruti Suzuki, and Hindustan Unilever. Market analysts remain optimistic and expect the Nifty to reach new all-highs in the coming weeks, provided it stays above the 21,990 level. The Sensex and the were trading 0.3 percent higher.
Open FlipShriram Finance shares have been under sell-off heat since the early morning session. Shriram Finance share price today opened downside and went on to touch an intraday low of ₹2,257 per share level, clocking more than a 7 percent dip against its previous close of ₹2,485 apiece on NSE. The financial stock has been falling ahead of the investors' meet.
Open FlipFollowing a 7.5% decline in the stock just in February, global brokerage house Citi has initiated coverage on Mamaearth parent Honasa Consumer with a ‘buy’ call and a target price of ₹550, implying a 26% potential upside from its current market price of ₹436.25 (as on February 26). The stock has jumped 35% since November 2023.
Open FlipStock Market Today- Share prices of Tata Steel, JSW Steel, Jindal Steel and Power (JSPL), Steel Authority of India Ltd (SAIL) are up 6-44=5% in last six months. Domestic steel demand remains strong led by good impetus from the government capex on infrastructure . This has been driving sales and volume growth and keeping outlook firm. The steel prices , nevertheless continue showing mixed trend.
Open FlipMukka Proteins Limited has geared up to go public on February 29 to raise Rs 224 crore. The IPO will be an entirely fresh issue of 8 crore shares. With six manufacturing facilities, Mukka Proteins supplies fish meal, fish oil and fish soluble paste which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food.
Open FlipAdani Green Energy is looking to raise $409 million via U.S. dollar-denominated bonds with a door-to-door tenor of 18 years, the company said in a regulatory filing on Tuesday. Reuters had earlier reported that Adani Green Energy was looking to raise around $500 million by issuing dollar bonds in March, making it the first Adani group company to return to the overseas bond market in a year.
Open FlipA dormant Ethereum investor has made headlines by transferring a substantial amount of Ethereum, marking their first activity in nearly a decade. According to Lookonchain, a blockchain analytics platform, an early participant in the Ethereum initial coin offering (ICO) has moved 238.75 ETH, worth approximately $770,000, to Coinbase.
Open FlipLiquidity deficit in the banking system is likely to narrow this week due to expectations of huge month-end government expenditure towards salaries and pensions, money market experts said. “Liquidity deficit should narrow in coming days due to government spending,” said Ritesh Bhusari, deputy treasury head at South Indian Bank.
Open FlipOil prices experienced a slight decline amid speculation that unexpectedly robust inflation figures might postpone reductions in high interest rates, which have been restraining global fuel demand growth. Brent crude futures saw a decrease of 20 cents, marking a 0.3% drop to $81.42 per barrel by 1415 GMT. Similarly, U.S. West Texas Intermediate crude futures (WTI) declined by 13 cents.
Open FlipUS stock indices opened muted on Monday ahead of economic data this week.The Dow Jones Industrial Average rose 13.26 points, or 0.03%, at the open to 39,144.79. The S&P 500 opened higher by 4.20 points, or 0.08%, at 5,093.00, while the Nasdaq Composite gained 17.63 points, or 0.11%, to 16,014.45 at the opening bell.
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