Sobha's shares jumped 10% on the NSE on Tuesday after the company reported a 242% YoY rise in its PAT for Q4FY23. Top brokerages Kotak Institutional Equities, Nuvama and ICICI Securities recommend a 'Buy' on the counter. Sobha reported a consolidated net profit of Rs 48.60 crore for the January-March quarter versus Rs 14.2 crore reported by the company in Q4FY22.
Open FlipD2C grooming brand LetsShave has raised an undisclosed amount of funding from its existing investor Wipro Consumer Care. The startup will use the funding to strengthen its online presence in India & to enter the offline segment. The capital will be deployed to fuel the startup's global ambitions & venture into new foreign markets.
Open FlipMonte Carlo Fashions share price soared over 12 percent on May 30 on the back of strong Q4 financial results. At 10 am, the stock was quoting at Rs 844 on the NSE, levels last seen in September 2022 . The financials In Q4, the company reported a net profit of Rs 19.8 crore, jumping 56 percent compared to the same period the previous year.
Open Flip