Thu, Jan 21, 2021 7:30 AM
Bulk deals: SBI Mutual Fund buys 3.6% stake in Kirloskar Oil Engines
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IDFC Q4 Results: IDFC declared their Q4 results on 07 May, 2024. The topline decreased by 92.28% & the profit decreased by 89.73% YoY. Compared to the previous quarter, the revenue declined by 0.25% and the profit increased by 65.61%. Selling, general & administrative expenses declined by 27.78% q-o-q & decreased by 62.32% Y-o-Y. Operating income was up by 247.42% q-o-q.
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Larsen & Toubro (L&T) share price remained in focus on Thursday post Q4 Results that were reported by L&T after the market hours on Wednesday. The Larsen & Toubro (L&T)share price more than 5% in the opening trades Larsen & Toubro (L&T) released reported an 10.3% increase in net profit of to ₹4,396 crore from ₹3,987 crore in the same period the previous year.
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Shares of Tata Power Company Ltd. declined over 2% in Thursday's opening trade after global brokerage firm Goldman Sachs said it expects the stock to fall as much as 45% over the next 12 months. The brokerage has a 'Sell' rating on the Tata Power stock and a price target of ₹240 per share, suggesting a potential downside of 45% from the stock's closing level on Wednesday.
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