Mon, Feb 5, 2024 2:30 PM
Gravity India Standalone December 2023 Net Sales at Rs 0.43 crore!
A Flip by Avya Verma
Prabhudas Lilladher's research report on Exide Industries. Exide Industries’ (EXID) 4QFY24 performance was better than our as well as street estimates. Its revenue grew by 13.2% YoY/4.4% QoQ slightly higher than PLe/BBGe estimates. Gross profit grew by 25.2% YoY/9.4% QoQ and gross margin expanded by 316bps YoY/151bps QoQ. Consequently, EBITDA expanded by 40.6% YoY/17.3% QoQ while margin increased.
Open Flip
Some "garden leave" agreements that Wall Street firms use to protect their secrets are expected to survive a new noncompete ban from the Federal Trade Commission.But some won't, according to employment attorneys.The FTC’s ban leaves "an open question" as to whether all garden leave provisions would be enforceable, said Chris Marquardt, head of Alston & Bird's labor and employment group.
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Shares of Bharat Heavy Electricals Ltd. (BHEL) are trading with gains of as much as 7% on Thursday, May 2, marking its biggest single-day surge since December 31, 2010. The stock rose to hit a 52-week high of ₹300.25 per share on the NSE after the company announced that it has entered into a strategic partnership agreement with HIMA Middle East FZE, Dubai for railway signalling business.
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