Month: February 2024
Bata India Delivers Muted Q3FY24, Franchise Expansion Continues
Bata India stock price is near its 52-week low. The company delivered yet another muted quarterly performance on February 1st, 2024. Revenue growth was flat, operating margins fell three percentage points YoY and net profit declined 30% YoY in December Quarter 2023. Bata stock price has lost 5% since its Q3FY24 result announcement. December Quarter […]
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Bajaj Auto Delivers Highest Retail YoY Growth In Two-wheelers In January 2024
Bajaj Auto delivered yet another strong retail YoY growth of 28% in January 2024. Market leader in premium motorcycles in India reported negative retail growth in January 2023 and since then has been in a positive zone. Retail growth was in single digits only in February, April and October 2023. For the rest of the […]
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TVS Motors Moving On Electric Global Path, Europe Is the New Export Destination
TVS Motors, the second largest two-wheeler manufacturer India in terms of revenue delivered stellar December Quarter 2023 results. TVS Motors ticked all the right boxes impressing investors with double-digit volume growth, robust revenue base, highest operating margins ever and highest net profit YoY growth over the past five quarters. In March 2020, TVS Motors stock […]
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Vedant Fashions Delivers Muted Q3FY24 performance
Vedant Fashions market leader in branded Indian wedding apparel industry delivered a soft December Quarter 2023. The stock price is down 15% since its Q3FY24 results were announced on January 25, 2024. Vedant Fashions offers Indian wedding & celebration wear for men, women & kids through its popular brands Manyavar, Mohey, Twamev, Manthan and Mebaaz. […]
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Eicher Motors Witnesses Muted Volume Growth As Competitive Rivalry Rises
Bajaj Auto touched its 52-week high of Rs 7,499 on January 25, 2024 and has gained 10% over the past one month. TVS Motor Company’s stock price currently at Rs 2000 levels is near its 52-week high. And Hero MotoCorp made a new 52-week high today as the street expects good December Quarter 2023 results […]
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Endurance Technologies Sees Strong Demand In Domestic Market, Europe Outlook Muted
Endurance Technologies stock price touched a new 52-week high on January 5, 2023. The company is a leading global automotive components manufacturer with diversified product base including aluminium die castings, transmissions, braking systems and suspension products. Endurance Technologies is coming out with its December Quarter 2023 results today. The stock price is up 24% over […]
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TCS Reports Resilient Earnings In A Seasonally Soft Quarter
Tata Consultancy Services (TCS) stock price jumped 4% after the IT major reported better than expected December Quarter 2023 numbers. Amid uncertain macros and seasonally weak quarter, investors were relieved by strong deal wins, improved operating margin despite furloughs and strong India performance. Management commentary was also positive on recovery of its largest vertical, banking […]
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