Wed, Nov 6, 2024 10:12 AM
Trump card for D-St: The good, bad & ugly for Indian stock market
A Flip by Shubhangi Gupta
KR Choksey, ACME Solar Holdings Ltd: ACME Solar is a prominent renewable energy company in India, with a diverse portfolio spanning solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. As one of India's largest independent power producers (IPPs) in renewable energy, ACME Solar ranks among the top 10 in operational capacity as of June 30, 2024.
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Muthoot Microfin's Q2 results show an 18.27% year-over-year revenue growth, but a 43.78% profit decline, largely due to increased selling and administrative expenses. EPS decreased 13.2% year-over-year, sparking concerns about operational efficiency. Despite challenges, analysts maintain a 'Strong Buy' rating, citing long-term potential.
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Timken India Q2 Results : Timken India declared their Q2 results on 05 Nov, 2024, reporting a 10.4% increase in topline revenue year-on-year, despite a 3.33% decline in profit during the same period. The performance reflects a mixed bag of results as the company navigates market challenges. In comparison to the previous quarter, Timken India’s revenue declined by 3.93%.
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