Sky Gold Standalone September 2024 Net Sales at Rs 717.39 crore
Tue, Nov 26, 2024 5:25 PM

Sky Gold Standalone September 2024 Net Sales at Rs 717.39 crore

Reported Standalone quarterly numbers for Sky Gold are: Net Sales at Rs 717.39 crore in September 2024 up 81.17% from Rs. 395.97 crore in September 2023. Quarterly Net Profit at Rs. 35.89 crore in September 2024 up 393.86% from Rs. 7.27 crore in September 2023. EBITDA stands at Rs. 56.61 crore in September 2024 up 250.74% from Rs. 16.14 crore in September 2023.

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IIFL Securities initiates coverage Awfis Space Solutions with ‘Buy’
Tue, Nov 26, 2024 5:24 PM

IIFL Securities initiates coverage Awfis Space Solutions with ‘Buy’

Doemstic brokerage house IIFL Securities Ltd. has initiated coverage on Awfis Space Solutions with a ’buy’ recommendation, setting a target price of ₹980 per share. This implies a 40 percent upside potential from its last closing price of ₹700.75 (as of Nov 25, 2024). The brokerage highlighted Awfis as the only listed pure-play company in the flexible workspaces segment, citing robust growth.

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Veto Switch Standalone September 2024 Net Sales at Rs 52.98 crore
Tue, Nov 26, 2024 5:20 PM

Veto Switch Standalone September 2024 Net Sales at Rs 52.98 crore

Reported Standalone quarterly numbers for Veto Switchgears and Cables are: Net Sales at Rs 52.98 crore in September 2024 up 3.27% from Rs. 51.31 crore in September 2023. Quarterly Net Profit at Rs. 5.42 crore in September 2024 up 2.45% from Rs. 5.29 crore in September 2023. EBITDA stands at Rs. 7.84 crore in September 2024 down 9.15% from Rs. 8.63 crore in September 2023.

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Bhakti Gems Standalone September 2024 Net Sales at Rs 24.67 crore
Tue, Nov 26, 2024 5:19 PM

Bhakti Gems Standalone September 2024 Net Sales at Rs 24.67 crore

Reported Standalone quarterly numbers for Bhakti Gems and Jewellery are: Net Sales at Rs 24.67 crore in September 2024 up 140.68% from Rs. 10.25 crore in September 2023. Quarterly Net Profit at Rs. 0.20 crore in September 2024 up 435.15% from Rs. 0.04 crore in September 2023. EBITDA stands at Rs. 0.38 crore in September 2024 up 111.11% from Rs. 0.18 crore in September 2023.

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Palm Jewels Standalone September 2024 Net Sales at Rs 49.53 crore
Tue, Nov 26, 2024 5:18 PM

Palm Jewels Standalone September 2024 Net Sales at Rs 49.53 crore

Reported Standalone quarterly numbers for Palm Jewels are: Net Sales at Rs 49.53 crore in September 2024 up 46.59% from Rs. 33.79 crore in September 2023. Quarterly Net Profit at Rs. 0.24 crore in September 2024 up 816.15% from Rs. 0.03 crore in September 2023. EBITDA stands at Rs. 0.37 crore in September 2024 up 208.33% from Rs. 0.12 crore in September 2023.

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Prabhudas Lilladher cuts Nifty target to 27,381; reduces weight on stocks
Tue, Nov 26, 2024 5:18 PM

Prabhudas Lilladher cuts Nifty target to 27,381; reduces weight on stocks

Brokerage Prabhudas Lilladher has slashed its Nifty target by 1.7% to 27,381 and has reduced weight on Reliance Industries, Hindustan Unilever, ITC, and Nestle India in its model portfolio. The revision reflects macroeconomic pressures, including persistent inflation, sluggish urban demand, and moderated EPS projections for FY25–27, the brokerage said.

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Bharat Global continues bull run, shares hit 5% upper circuit
Tue, Nov 26, 2024 5:16 PM

Bharat Global continues bull run, shares hit 5% upper circuit

Shares of Bharat Global Developers extended gains and were locked in a 5 percent upper circuit of Rs 1,544.70 on BSE while the company secured an order worth Rs 156 crore from UPL Agro, a renowned leader in the agricultural sector. The Rs 156-crore order involves the supply of oil-grade groundnuts, with a total quantity of 3 lakh tons.

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Is Michael Saylor's Bitcoin Stock in Trouble?
Tue, Nov 26, 2024 5:15 PM

Is Michael Saylor's Bitcoin Stock in Trouble?

MicroStrategy (NASDAQ: MSTR) has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin (CRYPTO: BTC). The stock has soared alongside Bitcoin's gains this year, which have come with the broader bull market, the launch of spot Bitcoin exchange-traded funds (ETFs), and optimism that a new Trump administration will adopt crypto-friendly policies.

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Sovereign Diamonds Standalone September 2024 Net Sales at Rs 4.52 crore
Tue, Nov 26, 2024 5:14 PM

Sovereign Diamonds Standalone September 2024 Net Sales at Rs 4.52 crore

Reported Standalone quarterly numbers for Sovereign Diamonds are: Net Sales at Rs 4.52 crore in September 2024 down 33.78% from Rs. 6.82 crore in September 2023. Quarterly Net Loss at Rs. 0.00 crore in September 2024 down 100.14% from Rs. 0.29 crore in September 2023. EBITDA stands at Rs. 0.42 crore in September 2024 down 49.4% from Rs. 0.83 crore in September 2023.

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NTPC Green Energy launches JV for renewable energy parks
Tue, Nov 26, 2024 5:13 PM

NTPC Green Energy launches JV for renewable energy parks

NTPC Green Energy Limited, a subsidiary of NTPC Ltd. under the Ministry of Power, has partnered with MAHAGENCO to form a 50:50 joint venture company. The announcement comes just a day before NTPC Green Energy's shares are set to debut on the stock exchanges. The joint venture, named MAHAGENCO NTPC Green Energy Private Limited will focus on maintaining renewable energy parks across Maharashtra.

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Bhagyanagar India Standalone September 2024 Net Sales at Rs 2.73 crore
Tue, Nov 26, 2024 5:12 PM

Bhagyanagar India Standalone September 2024 Net Sales at Rs 2.73 crore

Reported Standalone quarterly numbers for Bhagyanagar India are: Net Sales at Rs 2.73 crore in September 2024 down 98.85% from Rs. 237.19 crore in September 2023. Quarterly Net Profit at Rs. 0.40 crore in September 2024 down 69.1% from Rs. 1.30 crore in September 2023. EBITDA stands at Rs. 1.27 crore in September 2024 down 66.67% from Rs. 3.81 crore in September 2023.

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Shukra Diamonds Standalone September 2024 Net Sales at Rs 2.04 crore
Tue, Nov 26, 2024 5:11 PM

Shukra Diamonds Standalone September 2024 Net Sales at Rs 2.04 crore

Reported Standalone quarterly numbers for Shukra Diamond Exports are: Net Sales at Rs 2.04 crore in September 2024 up 268.47% from Rs. 0.55 crore in September 2023. Quarterly Net Profit at Rs. 0.38 crore in September 2024 up 370.58% from Rs. 0.14 crore in September 2023. EBITDA stands at Rs. 0.39 crore in September 2024 up 425% from Rs. 0.12 crore in September 2023.

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Can Dogecoin Reach $1?
Tue, Nov 26, 2024 5:09 PM

Can Dogecoin Reach $1?

Dogecoin (CRYPTO: DOGE) has soared by 338% in 2024 so far, with the bulk of that gain coming after former President Donald Trump won reelection on Nov. 5. Dogecoin currently trades at $0.40 per token, which is still below its all-time high of $0.73 from 2021. With the support of the world's richest man and a crypto-friendly Trump administration, is Dogecoin now destined to reach $1?

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Cubex Tubings Standalone September 2024 Net Sales at Rs 55.20 crore
Tue, Nov 26, 2024 5:07 PM

Cubex Tubings Standalone September 2024 Net Sales at Rs 55.20 crore

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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Deutsche Bank’s Chadha Targets S&P 500 at 7,000 as Economy Roars
Tue, Nov 26, 2024 5:07 PM

Deutsche Bank’s Chadha Targets S&P 500 at 7,000 as Economy Roars

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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