Reported Standalone quarterly numbers for Indiamart Intermesh are: Net Sales at Rs 337.20 crore in December 2024 up 15.72% from Rs. 291.40 crore in December 2023. Quarterly Net Profit at Rs. 124.90 crore in December 2024 up 36.35% from Rs. 91.60 crore in December 2023. EBITDA stands at Rs. 166.90 crore in December 2024 up 32.88% from Rs. 125.60 crore in December 2023.
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Indostar Capital Finance reported a mixed quarter with strong business momentum, but higher credit costs due to lower collection efficiency and delinquencies in the vehicle finance portfolio, resulting in annualized credit cost of 1.8%. Despite this, the company is expected to achieve a CAGR of 30%/33% in AUM/PAT over FY24-27, leading to a reiteration of the BUY rating with a target price- INR325.
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Bitcoin hit a new ATH this week, crossing $108K and sparking conversations about its next move in a volatile market. Roundtable anchor, Rob Nelson, discussed the milestone with David Duong, Head of Research at Coinbase, and David Gokhshtein, Founder of Gokhshtein Media. Panel explored bitcoin's fluctuating price and its potential trajectory amidst evolving market conditions and political changes.
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