Tue, Oct 22, 2024 10:51 AM
What's Going On With Tata Motors Share Price Today?
A Flip by Shubhangi Gupta
NELCO's quarterly numbers show a decline: Net Sales down 6.5% to Rs 50.38 crore, Net Profit down 78.11% to Rs 1.32 crore, and EBITDA down 53.46% to Rs 5.44 crore, with EPS decreasing to Rs 0.58 from Rs 2.64. NELCO shares closed at 960.90 on October 18, 2024, with 21.07% returns over the last 6 months and 35.61% over the last 12 months.
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Wipro reported 2QFY25 IT Services revenue of USD2.6b, 60bp above estimates, with an order intake of USD3.6b and EBIT margin of 16.8%. PAT stood at INR32b, above estimates, but the company provided muted guidance for 3QFY25. Motilal Oswal has raised FY25E EPS by ~2% and reiterated a Neutral rating with a TP of INR500.
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Reported Standalone quarterly numbers for Shree Pacetronix are: Net Sales at Rs 4.04 crore in September 2024 down 22.73% from Rs. 5.23 crore in September 2023. Quarterly Net Profit at Rs. 0.03 crore in September 2024 down 95.57% from Rs. 0.67 crore in September 2023. EBITDA stands at Rs. 0.39 crore in September 2024 down 66.67% from Rs. 1.17 crore in September 2023.
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