Reported Consolidated quarterly numbers for Avalon Technologies are: Net Sales at Rs 214.27 crore in December 2023 down 7.92% from Rs. 232.69 crore in December 2022. Quarterly Net Profit at Rs. 6.58 crore in December 2023 up 14.72% from Rs. 5.73 crore in December 2022. EBITDA stands at Rs. 18.70 crore in December 2023 down 12.74% from Rs. 21.43 crore in December 2022.
Open FlipGold prices were poised for their biggest weekly gain in nine weeks on Friday as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs data due later in the day for clues on when the Federal Reserve could start rate cuts. Spot gold was steady at $2,055.59 per ounce by 0803 GMT. Bullion has climbed nearly 2% so far this week, set for its best weekly gain since early Dec.
Open FlipThe Interim Budget of 2024, presented by Finance Minister Nirmala Sitharaman, shows a commitment to reduce the fiscal deficit to 4.5% by 2026. This will benefit the debt market and companies that rely on it for capital. The government's aim to reduce borrowings will also create room for private sector borrowing, which is often difficult due to high interest rates.
Open FlipAadhar Housing Finance, backed by Blackstone, has refiled its IPO documents to raise up to Rs 5,000 crore. The proposed IPO will have a mix of fresh shares and stake sale by Blackstone. The funds raised will be used for future lending and general corporate purposes. The company had previously filed for an IPO in 2021 but the approval lapsed after a year, requiring them to file afresh.
Open FlipReported Consolidated quarterly numbers for Jupiter Wagons are: Net Sales at Rs 895.84 crore in December 2023 up 39.01% from Rs. 644.43 crore in December 2022. Quarterly Net Profit at Rs. 81.45 crore in December 2023 up 82.66% from Rs. 44.59 crore in December 2022. EBITDA stands at Rs. 129.34 crore in December 2023 up 57.62% from Rs. 82.06 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Gokaldas Exports are: Net Sales at Rs 551.57 crore in December 2023 up 6.3% from Rs. 518.88 crore in December 2022. Quarterly Net Profit at Rs. 30.42 crore in December 2023 down 25.03% from Rs. 40.58 crore in December 2022. EBITDA stands at Rs. 70.51 crore in December 2023 down 2.64% from Rs. 72.42 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Tamil Nadu Newsprint and Papers are: Net Sales at Rs 1,240.86 crore in December 2023 down 0.62% from Rs. 1,248.57 crore in December 2022. Quarterly Net Profit at Rs. 16.20 crore in December 2023 down 85.65% from Rs. 112.90 crore in December 2022. EBITDA stands at Rs. 155.77 crore in December 2023 down 48.21% from Rs. 300.76 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Jupiter Wagons are: Net Sales at Rs 895.84 crore in December 2023 up 39.01% from Rs. 644.43 crore in December 2022. Quarterly Net Profit at Rs. 83.40 crore in December 2023 up 79.81% from Rs. 46.38 crore in December 2022. EBITDA stands at Rs. 129.77 crore in December 2023 up 57.09% from Rs. 82.61 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Avalon Technologies are: Net Sales at Rs 119.59 crore in December 2023 down 2.86% from Rs. 123.11 crore in December 2022. Quarterly Net Profit at Rs. 10.47 crore in December 2023 up 81.53% from Rs. 5.77 crore in December 2022. EBITDA stands at Rs. 15.80 crore in December 2023 up 22.1% from Rs. 12.94 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Ind Cement Cap are: Net Sales at Rs 1.63 crore in December 2023 up 50.96% from Rs. 1.08 crore in December 2022. Quarterly Net Profit at Rs. 0.23 crore in December 2023 up 104.09% from Rs. 0.11 crore in December 2022. EBITDA stands at Rs. 0.34 crore in December 2023 up 126.67% from Rs. 0.15 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for HFCL are: Net Sales at Rs 1,032.31 crore in December 2023 down 4.93% from Rs. 1,085.84 crore in December 2022. Quarterly Net Profit at Rs. 82.23 crore in December 2023 down 14.46% from Rs. 96.13 crore in December 2022. EBITDA stands at Rs. 163.45 crore in December 2023 down 15.46% from Rs. 193.33 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Oriental Carbon and Chemicals are: Net Sales at Rs 103.56 crore in December 2023 down 13.53% from Rs. 119.75 crore in December 2022. Quarterly Net Profit at Rs. 6.68 crore in December 2023 down 42.5% from Rs. 11.61 crore in December 2022. EBITDA stands at Rs. 18.31 crore in December 2023 down 31.4% from Rs. 26.69 crore in December 2022.
Open FlipIn the journey of life, as we climb the career ladder and witness an increase in income, a silent companion often joins the ride of “Lifestyle Inflation.” This subtle phenomenon, also known as lifestyle creep, is the tendency to boost our spending as our earnings grow. While it’s natural to treat ourselves.
Open FlipOn February 1, Union Finance Minister Nirmala Sitharaman presented her sixth consecutive Budget. Her speech was wrapped up in just 58 minutes, which is perhaps her shortest speech so far. Sitharaman highlighted India's booming economy and announced that the country's FY25 capital expenditure outlay has been hiked up to Rs 11.11 lakh crore, which is 11.1 percent higher than the previous budget.
Open FlipAutomobile major Eicher Motors fell 3 percent to Rs 3,815 in morning trade on February 2, snapping its four-day gaining streak on the bourses, after investors rushed to book profits on the counter. At 9:57am, the stock was trading at Rs 3,855, down 2 percent from the previous close on the NSE. In the last four days, the stock had surged nearly 9 percent, and over 15 percent in the last 3 months.
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