Fri, Nov 15, 2024 12:30 PM
FADA asks OEMs to reduce inventory further despite "strong" festive sales
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Sharekhan's research report on Ipca Laboratories: Quarterly revenues reached Rs. 2,355 crore, marking a 16% y-o-y increase and a 13% rise from the previous quarter. Profit after tax (PAT) came in strong at Rs. 245 crore, up 39% as compared to last year and 23%, sequentially. EBITDA stood at Rs. 441 crore, reflecting a 22% y-o-y growth and a 12% increase sequentially.
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Shakti Pumps and Raghav Productivity Enhancers shares are set to trade ex-bonus this month, attracting investor attention after announcing bonus issues. Shakti Pumps will issue 5:1 bonus shares, while Raghav Productivity Enhancers will issue 1:1 bonus shares, with record dates set for November 25 and 29, respectively.
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Sharekhan's research report on Devyani International: Quarterly revenues reached Rs. 2,355 crore, marking a 16% y-o-y increase and a 13% rise from the previous quarter. Profit after tax (PAT) came in strong at Rs. 245 crore, up 39% as compared to last year and 23%, sequentially. EBITDA stood at Rs. 441 crore, reflecting a 22% y-o-y growth and a 12% increase sequentially.
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