Fri, Apr 19, 2024 2:39 PM
Motilal stock surges 5% on announcement to consider bonus share proposal
A Flip by Avya Verma
Kfin Technologies Q4 Results: Kfin Technologies declared their Q4 results on 29 Apr, 2024. The topline increased by 24.69% & the profit increased by 30.61% YoY. Compared to the previous quarter, the revenue grew by 4.4% and the profit increased by 11.44%. The Selling, general & administrative expenses rose by 2.34% q-o-q & increased by 25.72% Y-o-Y. The operating income was up by 6.5% q-o-q.
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When Invesco decided to sell 60% stake to the Hinduja group earlier this month, it didn’t surprise anyone. That’s because only a handful of foreign fund houses have been able to grow in the country even though the Indian mutual fund industry has already topped Rs 50 trillion. Sample this: Among the top 10 players, only two foreign fund house – Nippon India and Mirae Asset – figures in the list.
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Indian Oil Corporation Q4 Results: Indian Oil Corporation declared their Q4 results on 30 Apr, 2024. The topline decreased by 3.06% & the profit decreased by 49.96% YoY. As compared to the previous quarter the revenue declined by 1.43% and the profit decreased by 42.98%. The Selling, general & administrative expenses rose by 7.55% q-o-q & increased by 21.79% Y-o-Y.
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