Fri, Apr 19, 2024 9:01 AM
Tata Communications Q4 FY24 Results Live : profit falls by 1.49% YOY
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Penny Stock that got locked in the upper circuit on May 02, 2024: ✅ Stocks | Upper Circuit (%) 📌Savani Financials Ltd | 40% 📌Tricom Fruit Products Ltd | 5% 📌 📌VB Industries Ltd | 5% 📌Minolta Finance Ltd | 5% 📌Sab Events & Governance Now Media Ltd | 5% 📌BCL Enterprises Ltd | 9.17% 📌GCM Securities Ltd | 9.28% 📌 Kore Foods Ltd | 9.85% 📌Next Mediaworks Ltd | 9.97%
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KR Choksey's research report on Maruti SuzukiMSIL’s reported numbers were a miss across Revenue/ EBITDA/ PAT. The sequential decline in average realizations led to slightly lower revenue (-1.5% deviation) while sequential gross margin pressure led to lower than estimated EBITDA and margin. MSIL had its highest-ever sales, domestic sales, exports, net sales and net profit in both Q4FY24 and FY24.
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The promoters increased their stake in the company in Q4 FY24. The wholly owned subsidiary company of Insolation Energy, Insolation Green Energy Private Limited, has recently secured significant orders for the supply of Solar PV Modules Mono Perc M-10. The esteemed clients in this venture are APM Projects Private Limited and Rotomag Motors and Controls Private Limited.
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