Essar Shipping Consolidated December 2023 Net Sales at Rs 2.58 crore!
Fri, Feb 9, 2024 3:41 PM

Essar Shipping Consolidated December 2023 Net Sales at Rs 2.58 crore!

A Flip by Avya Verma
Get it on Google Play
Essar Shipping reported a decrease in net sales by 82.12% and a net loss of Rs. 43.78 crore in their December 2023 consolidated quarterly numbers. EBITDA was negative at Rs. 10.17 crore. However, the company's shares have given high returns of 178.57% and 258.62% over the last 6 and 12 months respectively. The company's promoters have not pledged any shares in their holding.

More great flips

ICICI Venture tops up multi-bagger exit move from portfolio

ICICI Venture tops up multi-bagger exit move from portfolio

ICICI Venture, the private equity arm of ICICI Bank, has made yet another partial exit move from a portfolio company it backed just three years ago, continuing its bonanza from the bet with benchmark busting returns. The firm, one of the oldest alternative investors in India with presence across the PE.

Open Flip
Gold rangebound, heads for a small weekly gain

Gold rangebound, heads for a small weekly gain

Gold prices were stuck in a tight range on Friday after rising to their highest in a week in the previous session as geopolitical tensions supported safe-haven demand and led the metal to be on track for a small weekly gain. Spot gold was little changed at $2,635.83 per ounce, as of 0622 GMT, trading in a narrow $8 range.

Open Flip
Grinch Steals Nifty’s Holiday Cheer

Grinch Steals Nifty’s Holiday Cheer

Indian shares are expected to extend their lackluster performance, with Nifty futures indicating a subdued opening, due to thin volumes and foreign fund selling, although a potential reduction in individual income tax may provide some support. Indian shares are expected to extend their lackluster performance, with Nifty futures indicating a subdued opening, due to thin volumes and foreign fund.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon