Wed, Mar 30, 2022 5:22 PM
AerCap stock plunge after reporting fourth-quarter profit
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Firstsource Solutions Q4 Results: Firstsource Solutions declared their Q4 results on 03 May, 2024. The topline increased by 7.3% & the profit decreased by 5.52% YoY. Compared to the previous quarter, the revenue grew by 4.63% and the profit increased by 3.71%. The Selling, general & administrative expenses rose by 6.72% q-o-q & increased by 8.95% Y-o-Y.
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Shares of liquor manufacturers have been on a bull run over the past year, delivering solid returns to investors amid positive market conditions. Leading liquor stocks have surged by up to 61% during the period. According to BSE data, United Breweries shares rose by more than 42% over the past year, while United Spirits' shares jumped nearly 54%.
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After touching a fresh peak, Nifty ended last week marginally higher as earnings, Fed meeting and election-related speculations kept investors busy. While most sectors are contributing positively except for IT, banking performance is likely to heavily influence market sentiment, analysts say. The rising VIX is indicative of potential volatility. Market can turn highly volatile in the short-run.
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