Thu, Apr 25, 2024 9:24 AM
📢 Sensex plunges 213 points at the open; Nifty below 22,350
A Flip by Shubhangi Gupta
KEI Industries Q4 Results Live : KEI Industries declared their Q4 results on 02 May, 2024. The topline increased by 18.66% & the profit increased by 22% YoY. As compared to the previous quarter the revenue grew by 12.49% and the profit increased by 11.82%.The Selling, general & administrative expenses rose by 4.63% q-o-q & increased by 5.86% Y-o-Y.
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CEAT Q4 Results Live : CEAT, the tire manufacturing company, announced their Q4 results on 02 May, 2024. The company reported a 4.07% increase in revenue compared to the same quarter last year, but witnessed a significant 18.8% decrease in profit year-over-year.In comparison to the previous quarter, CEAT saw a marginal 0.97% growth in revenue, while the profit took a substantial hit with a 40.
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The energy sector is off to a solid start in 2024. The average energy stock (as measured by the Energy Select Sector SPDR ETF) is up more than 10% this year. Higher oil prices have helped fuel the rally in energy stocks. However, not all energy stocks are in rally mode. Enbridge (NYSE: ENB) and Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) are two notable laggards.
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