The shares of the company have a PE of 5x and an ROE of 38.4 per cent. Hindustan Petroleum Corporation Ltd (HPCL) is scheduled to hold a board meeting on May 9, 2024, to discuss and approve their financial results for the year ending March 31st, 2024. Additionally, the board will consider recommending a final equity dividend for the financial year 2023-2024.
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Wealthy nations should reduce financial support for livestock farming to help tackle pollution caused by consuming red meat and dairy, according to the World Bank. Ensuring that environmental and health costs are fully priced into emissions-intensive foods made from animals would curb consumer demand for those products.
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Shares of consumer goods major Marico were surging on Tuesday after strong results drove brokerages to hike ratings on the stock. In the fourth quarter, Marico reported a consolidated net profit of ₹320 crore, marking a 5% increase from the previous year. Revenue also rose by 1.7% year-on-year to ₹2,278 crore. Despite EBIDTA slightly missing expectations at ₹442 crore.
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