Mon, Apr 29, 2024 7:48 PM
These Analysts Boost Their Forecasts On Ball Following Earnings Beat
A Flip by Avya Verma
Shares of NCC surged almost 8 percent in intra-day deals on Thursday after the firm posted strong results for the quarter ended March 2024 (Q4FY24).The construction company’s net profit rose 25.2 percent year-on-year (YoY) to ₹239.2 crore in the fourth quarter of FY24 as against ₹191 crore in the same quarter last year (Q4FY23). Meanwhile, its revenue jumped 31 percent YoY to ₹6,485 crore.
Open Flip
Radico Khaitan Q4 Results: Radico Khaitan declared their Q4 results on 14 May, 2024, with the topline increasing by 15.38% and the profit increasing by 26.42% YoY. However, compared to the previous quarter, the revenue declined by 8.27% and the profit decreased by 28.26%. The Selling, general & administrative expenses saw a decline of 7.6% q-o-q but increased by 22.31% Y-o-Y.
Open Flip
A government-owned steel manufacturer is reportedly facing massive losses amid protests by workers at an Adani Group-owned port. Rashtriya Ispat Nigam Ltd (RINL), also known as Vizag Steel Plant, is suffering a daily revenue loss of ₹40 crore-₹50 crore due to a workers’ protest at Adani’s Gangavaram port in Andhra Pradesh citing sources.
Open Flip
