Sat, Jan 20, 2024 2:34 PM
Axtel Ind Standalone December 2023 Net Sales at Rs 53.79 crore
A Flip by Shubhangi Gupta
Stock Market Today: Blue Dart Express share price gained more than 6% to scale 52-week highs during the morning trades on Monday post Q4 results. Blue Dart Express had reported its earnings performance on Friday post market hours. The net profit (adjusted for one-offs )of the company at ₹76 crore grew 8% over ₹70 crore reported by the company in the year ago quarter.
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Britannia Industries shares rose on Monday following the company’s announcement of its fourth-quarter results after market hours on Friday. Britannia Q4 Earnings Scorecard: Britannia reported a 3.76% decline in consolidated net profit for the quarter ending March 2024, totalling ₹536.61 crore compared to ₹557.60 crore in the same quarter the previous year, according to a regulatory filing.
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From Rs 0.87 to Rs 2.25 per share, the stock gave multibagger returns of 158.6 per cent from its 52-week low till today’s intraday high. The Board of Directors of GG Engineering Ltd approved the conversion of 135 million previously issued warrants into the same number of equity shares for non-promoter investors. These investors had already paid 25 per cent of the issue price (Rs 1.32 per share).
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