Jyothy Labs shares hit 52-week high on strong Q1 numbers
Wed, Jul 26, 2023 12:16 PM

Jyothy Labs shares hit 52-week high on strong Q1 numbers

A Flip by Bhavya Sabharwal
Get it on Google Play
Shares of Jyothy Labs hit a new 52-week high of Rs 312.15 on July 26, after the company reported strong earnings for the quarter ended June 2023. Their net profit was up 101.6%, with 15% YoY revenue growth and 96.3% improvement in EBITDA. Analysts have recommended buying the stock for its double-digit revenue growth potential and strong earnings visibility.

More great flips

PNB Housing Finance's net profit increases by 57.28% in Q4 FY24

PNB Housing Finance's net profit increases by 57.28% in Q4 FY24

NEW DELHI: PNB Housing Finance has reported a growth of 57.28 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 439.25 crore in Q4 FY24 as against Rs 279.28 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.The company's consolidated net total income stood at Rs 1,813.97 crore.

Open Flip
JinkoSolar's Q1 Miss Offset By Strong Outlook, Shares Rally As Shipments

JinkoSolar's Q1 Miss Offset By Strong Outlook, Shares Rally As Shipments

JinkoSolar Holding Co Ltd JKS shares are trading higher after the Shanghai, China-based company reported first-quarter fiscal 2024 results. JKS's Q1 revenue decreased 1.2% year-over-year to $3.19 billion, missing the consensus of $3.25 billion. Quarterly shipments increased 51.2% Y/Y to 21,907 MW (19,993 MW for solar modules and 1,914 MW for cells and wafers).

Open Flip
Bitcoin Falls Below $63,000; Conflux, Maker Among Top Losers

Bitcoin Falls Below $63,000; Conflux, Maker Among Top Losers

Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the key $63,000 level on Monday. Ethereum ETH/USD also recorded losses, trading below the key $3,200 mark this morning. Helium HNT/USD was the top gainer over the prior 24 hours, while Conflux CFX/USD turned out to be the biggest loser. At the time of writing, the global crypto market cap fell to $2.31 trillion.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon