Fri, Apr 19, 2024 11:19 AM
JSW Steel raises $900-million loan from eight foreign banks
A Flip by Avya Verma
In early trading on Thursday, shares of Godrej Group companies, including Godrej Industries, Godrej Consumer Products, and Godrej Agrovet, witnessed significant gains ranging from 1% to 5%. This surge comes in the wake of the announcement that the Godrej family has reached an agreement to divide the conglomerate into two branches.
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Although overall market valuations are high, earnings growth in certain sectors continues to surpass expectations, and Shiv Puri, Founder and MD of TVF Capital Advisors, recommends carefully selecting these sectors for new investment opportunities. In the consumer market, for instance, he says there are still aspirational consumers who spend on discretionary products and services.
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Indiamart Intermesh Q4 Results: Indiamart Intermesh declared their Q4 results on 30 Apr, 2024, with the topline increasing by 17.1% and the profit by 78.04% YoY. In comparison to the previous quarter, the revenue saw a growth of 3.09% and the profit increased by 21.72%. The Selling, general & administrative expenses showed a significant decline of 32.01% q-o-q and 26.05% Y-o-Y.
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