Fri, Jan 22, 2021 3:48 PM
Feb 1 fixed as record date for redemption of commercial paper by Trident
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KR Choksey's research report on Adani WilmarIn Q4FY24, AWLTD’s revenue was INR 132,380 Mn, reflecting a 3.2% increase QoQ and a 4.6% decrease YoY. This performance marginally fell short of our projected estimate by 0.6%. Strong volumes were experienced in the Edible Oils (+11% QoQ, +9% YoY) as well as the Foods segment (+39% QoQ, +23% YoY), primarily driven by an extended retail footprint.
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Shares of Jupiter Life Line Hospitals rose nearly 7 percent after the company reported strong results for the quarter ended March. On a sequential basis, the company's consolidated net profit for Q4FY24 rose 187 percent to Rs 45.3 crore and total income rose 20 percent to Rs 291.4 crore.At 1 pm, Jupiter Life's shares were trading 5 percent higher at Rs 1,302 apiece.
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Shares of Sharda Cropchem surged over 9 percent to hit a 3-month high of Rs 394 apiece on May 13 after the Street cheered the pesticides maker's better-than-expected January-March quarter (Q4FY24) performance.Sharda Cropchem's profit-after-tax (PAT) slipped 28 percent YoY to Rs 143 crore in Q4FY24 as against Rs 198 crore in Q4FY23, beating Street estimates of Rs 63 crore.
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