Radha Madhav Standalone December 2023 Net Sales at Rs 0.02 crore
Fri, Feb 23, 2024 1:36 PM

Radha Madhav Standalone December 2023 Net Sales at Rs 0.02 crore

Reported Standalone quarterly numbers for Radha Madhav Corporation are:Net Sales at Rs 0.02 crore in December 2023 down 77.03% from Rs. 0.07 crore in December 2022.Quarterly Net Loss at Rs. 0.55 crore in December 2023 down 148.42% from Rs. 0.22 crore in December 2022.EBITDA stands negative at Rs. 0.23 crore in December 2023 down 2200% from Rs. 0.01 crore in December 2022.

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Nalin Leasing Standalone December 2023 Net Sales at Rs 1.84 crore
Fri, Feb 23, 2024 1:31 PM

Nalin Leasing Standalone December 2023 Net Sales at Rs 1.84 crore

Reported Standalone quarterly numbers for Nalin Lease Finance are:Net Sales at Rs 1.84 crore in December 2023 up 20.43% from Rs. 1.53 crore in December 2022.Quarterly Net Profit at Rs. 1.08 crore in December 2023 up 22.85% from Rs. 0.88 crore in December 2022.EBITDA stands at Rs. 1.71 crore in December 2023 up 37.9% from Rs. 1.24 crore in December 2022.

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Cindrella Fin Standalone December 2023 Net Sales at Rs 0.13 crore
Fri, Feb 23, 2024 1:30 PM

Cindrella Fin Standalone December 2023 Net Sales at Rs 0.13 crore

Reported Standalone quarterly numbers for Cindrella Financial Services are: Net Sales at Rs 0.13 crore in December 2023 up 673.26% from Rs. 0.02 crore in December 2022. Quarterly Net Profit at Rs. 0.07 crore in December 2023 up 4953.85% from Rs. 0.00 crore in December 2022. EBITDA stands at Rs. 0.13 crore in December 2023 up 160% from Rs. 0.05 crore in December 2022.

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OneSource Ideas Standalone December 2023 Net Sales at Rs 4.30 crore, up...
Fri, Feb 23, 2024 1:28 PM

OneSource Ideas Standalone December 2023 Net Sales at Rs 4.30 crore, up...

Reported Standalone quarterly numbers for OneSource Ideas Ventures are: Net Sales at Rs 4.30 crore in December 2023 up 2048.75% from Rs. 0.20 crore in December 2022. Quarterly Net Profit at Rs. 0.20 crore in December 2023 up 52.38% from Rs. 0.13 crore in December 2022. EBITDA stands at Rs. 0.26 crore in December 2023 up 52.94% from Rs. 0.17 crore in December 2022.

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Jumbo Finance Standalone December 2023 Net Sales at Rs 0.20 crore
Fri, Feb 23, 2024 1:27 PM

Jumbo Finance Standalone December 2023 Net Sales at Rs 0.20 crore

Reported Standalone quarterly numbers for Jumbo Finance are: Net Sales at Rs 0.20 crore in December 2023 down 4.86% from Rs. 0.21 crore in December 2022. Quarterly Net Profit at Rs. 0.32 crore in December 2023 up 2770% from Rs. 0.01 crore in December 2022. EBITDA stands at Rs. 0.41 crore in December 2023 up 215.38% from Rs. 0.13 crore in December 2022.

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Geopolitical concerns and inventory data impact crude oil prices
Fri, Feb 23, 2024 1:23 PM

Geopolitical concerns and inventory data impact crude oil prices

By Bhavik Patel After the Energy Information Administration revealed that inventories increased by 3.5 million barrels for the week ending February 16, crude oil prices slightly increased yesterday. This followed a sizeable build of 12 million barrels for a week that also saw gasoline and middle distillate fuel inventories decline.

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Reliance, LT to Infosys: These 5 stocks of LIC Pension Fund gives up
Fri, Feb 23, 2024 1:11 PM

Reliance, LT to Infosys: These 5 stocks of LIC Pension Fund gives up

National Pension System (NPS) subscribers have the choice to select from various pension fund managers and investment options based on their preferences. There are ten pension funds operating in the country. Among them are seven private pension managers, namely Axis Pension Fund, Aditya Birla Sun Life Pension, HDFC Pension, ICICI Prudential Pension, Kotak Mahindra Pension, Max Life Pension

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Small-cap FMCG stock Sarveshwar Foods hits 52-week high after declaration
Fri, Feb 23, 2024 1:11 PM

Small-cap FMCG stock Sarveshwar Foods hits 52-week high after declaration

Shares of Sarveshwar Foods Ltd witnessed strong buying interest ahead of its board meeting as the small-cap company was considering the proposal for fundraising via the preferential basis and issuance of warrants. The company board has declared and approved fundraising via the issuance of fresh shares and warrants, which triggered buying interest among Dalal Street bulls.

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South Indian Bank: This banking stock trading under  ₹40 delivered 375%
Fri, Feb 23, 2024 1:08 PM

South Indian Bank: This banking stock trading under ₹40 delivered 375%

Shareholders of South Indian Bank are rejoicing over the bank's extraordinary performance in recent months. After experiencing a significant decline between CY18 and CY21, during which the stock depreciated by approximately 71.45%, there was a notable turnaround in the subsequent year, leading to sustained upward momentum in the following years. In CY22, the stock rebounded strongly.

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Bajaj Auto ups investment in Yulu Bikes with Rs 45.75 Crore
Fri, Feb 23, 2024 1:07 PM

Bajaj Auto ups investment in Yulu Bikes with Rs 45.75 Crore

Bajaj Auto, a leading player in the Indian automotive industry, announced on Thursday an additional investment of ₹45.75 crore in the electric bike-sharing platform Yulu Bikes.  Following this fresh investment, Bajaj Auto's shareholding in Yulu Bikes now stands at 18.8% of the paid-up equity share capital, according to a regulatory filing by the company.

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ABB names Morten Wierod as new CEO to replace Bjorn Rosengren
Fri, Feb 23, 2024 1:06 PM

ABB names Morten Wierod as new CEO to replace Bjorn Rosengren

ABB named Morten Wierod as its new chief executive, the Swiss engineering group said on Friday, replacing industry veteran Bjorn Rosengren who has led an overhaul of the electrification and robotics company.Wierod, the head of ABB's electrification business, will replace Rosengren, effective Aug. 1, the Zurich-based company said.Rosengren, who joined ABB in 2020, will retire at the end of the year

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Carlyle may seek almost 4x of what it paid in 2020 for 24% stake in Airtel
Fri, Feb 23, 2024 1:01 PM

Carlyle may seek almost 4x of what it paid in 2020 for 24% stake in Airtel

A note by international brokerage firm Macquarie said that the US private equity player Carlyle is seeking up to $900 million for its 24% stake in Bharti Airtel's data centre arm Nxtra Data Limited. This is nearly four times the price the $235 million it paid for the stake back in 2020. Macquarie has assigned a 'Neutral' rating on Airtel's stock with a target price of Rs 1,060 per share.

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Planting your portfolio: 7 key investing lessons you can learn from farm
Fri, Feb 23, 2024 12:59 PM

Planting your portfolio: 7 key investing lessons you can learn from farm

As we immerse ourselves in the intricacies of the financial world, do the reports on farmers’ protests bother you? Perhaps not, once you recognize the parallels between farming and investing, provided you take a closer look.Don’t shout at your investmentsConsider your approach to investments. Do you exhibit the same patience as a farmer does with their crops?

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Indian steel mills seek iron ore export ban as China sales jump
Fri, Feb 23, 2024 12:55 PM

Indian steel mills seek iron ore export ban as China sales jump

Smaller steelmakers in India are pressing for a ban on exports of iron ore, after a surge in sales to Chinese mills pushed up local prices. Indian exports jumped 170% to 44 million tons last year — most of which went to China — at a time when domestic demand for the raw material is rising. That’s prompted the worst-affected sections of the industry to seek restrictions from the authorities.

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GCCs not 'cannibalising' IT services revenue, says Capgemini's Ananth Ch...
Fri, Feb 23, 2024 12:43 PM

GCCs not 'cannibalising' IT services revenue, says Capgemini's Ananth Ch...

A spurt in Global Capability Centers (GCCs) in India has not resulted in the cannibalisation of IT services revenue, Capgemini said at a time when there is widespread debate whether GCCs are negatively affecting information technology (IT) companies’ revenue as well as talent retention. On the contrary, the surge in GCCs has expanded its customer base, the world’s fourth largest IT services.

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