Reported Standalone quarterly numbers for Renaissance Global are: Net Sales at Rs 324.66 crore in September 2024 up 0.89% from Rs. 321.80 crore in September 2023. Quarterly Net Profit at Rs. 10.00 crore in September 2024 up 5.73% from Rs. 9.46 crore in September 2023. EBITDA stands at Rs. 25.08 crore in September 2024 up 14.63% from Rs. 21.88 crore in September 2023.
Open FlipCompass Point analyst Dominick Gabriele recommends two fintech stocks, Fidelity National Info (FIS) and Fiserv, Inc. (FISV), due to their solid growth position in a growing industry, with FIS expected to meet or exceed consensus expectations and FISV offering a unique balance of recurring revenue and cyclical upside.
Open FlipSimbhaoli Sugars reports consolidated quarterly results with a 37.4% decline in net sales to Rs 162.05 crore, a 74.28% increase in net loss to Rs 10.24 crore, and a negative EBITDA of Rs 3.09 crore, with shares closing at 21.34 on November 22, 2024, and returning -22.54% over the last 6 months and -28.27% over the last 12 months.
Open FlipReported Standalone quarterly numbers for Reliance Infrastructure are: Net Sales at Rs 61.61 crore in September 2024 down 67.51% from Rs. 189.61 crore in September 2023. Quarterly Net Profit at Rs. 2,084.82 crore in September 2024 up 1487.2% from Rs. 150.29 crore in September 2023. EBITDA stands negative at Rs. 34.96 crore in September 2024 down 160.81% from Rs. 57.49 crore in September 2023.
Open FlipSeveral Federal Reserve officials have signaled they’re open to cutting interest rates at a more deliberate pace next year as they grapple with the uncertainties of a Republican takeover in Washington, a pickup in productivity and slower improvement on inflation. Minutes of the Federal Open Market Committee’s Nov. 6-7 meeting, set for release at 2 p.m. in Washington, could provide more clues.
Open FlipReported Consolidated quarterly numbers for Sula Vineyards are: Net Sales at Rs 132.36 crore in September 2024 down 0.99% from Rs. 133.69 crore in September 2023. Quarterly Net Profit at Rs. 14.48 crore in September 2024 down 37.29% from Rs. 23.09 crore in September 2023. EBITDA stands at Rs. 34.36 crore in September 2024 down 23.8% from Rs. 45.09 crore in September 2023.
Open FlipThailand’s new vehicle market continued to deteriorate in October 2024, with sales plunging by 36% to 37,691 from already weak year-earlier sales of 58,963 units, according to the latest wholesale data released by the Federation of Thai Industries (FTI). The country’s vehicle market has been in a downturn for almost two years, after a brief rebound from the Covid pandemic lows in 2022.
Open FlipShares of LightOn, Europe's first listed genAI startup, rose as much as 9% on their debut on the Euronext Growth market in Paris on Tuesday. The stock was trading at 10.79 euros per share by 0841 GMT, 4.2% higher than the 10.35 euros it was valued at during its initial public offering last week. LightOn, which builds large language models for businesses and institutions.
Open FlipGeojit Financial Services research report on Tube Investments of India. Tube Investment of India Ltd. (TII) is a flagship company of the Murugappa group. It is one of the leading product manufacturers for major industries such as Automotive, Railway, Construction, Mining, etc. Q2FY25, consolidated revenue grew by 14.4% YoY, driven by industrial, power systems, and EV-mobility segments.
Open FlipRail Vikas Nigam Limited (RVNL) announced on Tuesday that it has received a Letter of Acceptance (LoA) from South Central Railway for an Engineering, Procurement and Construction (EPC) contract. The project involves the doubling of railway track between Parbhani and Parli stations, covering a distance of 58.06 km, excluding the Gangakhed yard segment.
Open FlipHomegrown e-commerce platform Meesho has launched a dedicated voice bot that will now help resolve customer queries on the platform, co-founder and chief technology officer Sanjeev Barnwal told reporters on November 26. The launch comes at a time when several e-commerce companies are leveraging artificial intelligence (AI) and generative AI to lower costs and optimise operations.
Open FlipChina's Huawei said on November 26 that it has launched a new phone - Mate 70 - that will run on an in-house operating system, setting in motion the country's shift away from US-based Google Android platform completely. The phone promises to set China free from US high-end chip restrictions, running on a 5G chip and a made-in-China operating system.
Open FlipReported Standalone quarterly numbers for Tega Industries are: Net Sales at Rs 197.61 crore in September 2024 down 0.53% from Rs. 198.66 crore in September 2023. Quarterly Net Profit at Rs. 30.95 crore in September 2024 down 6.53% from Rs. 33.12 crore in September 2023. EBITDA stands at Rs. 51.63 crore in September 2024 up 3.82% from Rs. 49.73 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Elgi Rubber Company are: Net Sales at Rs 62.68 crore in September 2024 up 8.53% from Rs. 57.75 crore in September 2023. Quarterly Net Profit at Rs. 0.22 crore in September 2024 down 97.32% from Rs. 8.10 crore in September 2023. EBITDA stands at Rs. 8.88 crore in September 2024 up 12.98% from Rs. 7.86 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Thakkers Developers are: Net Sales at Rs 3.45 crore in September 2024 up 171.85% from Rs. 1.27 crore in September 2023. Quarterly Net Profit at Rs. 0.64 crore in September 2024 up 136.06% from Rs. 1.77 crore in September 2023. EBITDA stands at Rs. 1.49 crore in September 2024 up 247.52% from Rs. 1.01 crore in September 2023.
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