Wed, Nov 6, 2024 10:03 AM
Breakout stocks to buy or sell: Sumeet Bagadia recommends
A Flip by Shubhangi Gupta
Muthoot Microfin's Q2 results show an 18.27% year-over-year revenue growth, but a 43.78% profit decline, largely due to increased selling and administrative expenses. EPS decreased 13.2% year-over-year, sparking concerns about operational efficiency. Despite challenges, analysts maintain a 'Strong Buy' rating, citing long-term potential.
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Timken India Q2 Results : Timken India declared their Q2 results on 05 Nov, 2024, reporting a 10.4% increase in topline revenue year-on-year, despite a 3.33% decline in profit during the same period. The performance reflects a mixed bag of results as the company navigates market challenges. In comparison to the previous quarter, Timken India’s revenue declined by 3.93%.
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Wonderla Holidays Q2 Results : Wonderla Holidays announced its Q2 results on November 5, 2024, revealing a mixed performance for the quarter. While the company witnessed an 8.85% year-on-year increase in profit, the topline revenue saw a significant decline of 10.35%. This suggests that the company’s cost management strategies may be yielding positive results despite challenges.
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