ACC, the Adani Group cement manufacturer, reported a net profit of ₹748.54 crore for the fourth quarter of FY24, registering a sharp jump of 216% from ₹236.57 crore in the same period last year.The company’s revenue from operations rose 12.67% to ₹5,398.11 crore from ₹4,790.77 crore, year-on-year (YoY). The company’s consolidated sales volume during the quarter rose to 10.4 million tonnes.
Open FlipPeloton Interactive (NASDAQ: PTON) was one of the market's favorite growth stocks during the pandemic. The maker of connected exercise bikes and treadmills flourished as brick-and-mortar gyms closed down, and that growth spurt coincided with the buying frenzy in growth and meme stocks throughout 2020 and 2021.As a result, Peloton's stock hit a record high of $167.42 on Jan. 13, 2021.
Open FlipEver since the covid pandemic, mutual fund investments and direct stock trading have become popular avenues for Indian investors seeking better returns to meet their financial goals ahead of time. However, large non-profit organizations are yet to realize the potential of these financial instruments. This article examines whether trusts (public or private), Section 8 companies.
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