Marico stock price gained 3% after its Q4FY24 quarterly update was released on April 5, 2024. There were a number of positives in the quarterly update that stirred positive sentiment among investors. Marico’s top-line returned back to positive growth in March Quarter 2024. After three quarters of negative consolidated YoY revenue growth, Marico’s consolidated revenue […]
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Bajaj Auto delivered 27% YoY growth in March 2024 for two-wheeler wholesale volumes. The company has been reporting double-digit wholesale YoY growth since October 2023. While its close peers, TVS Motors and Hero MotoCorp seem to have lost momentum, Bajaj Auto continues to dominate. Domestic market has been roaring for Bajaj Auto led by its […]
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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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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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Varun Beverages stock price has more than doubled over the past one year. The stock price has gained 130% from its 52-week low of Rs 550. The second largest Pepsi franchise in the world has grown its net profit at a CAGR of 50% over the past five years. Varun Beverages (VBL) produces and distributes […]
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Electric Royal Enfield Motorcycle In the Works, December 2023 Wholesale and Retails Down
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Eureka Forbes makes AMCs affordable, starts rental services
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Apollo Tyres beat street estimates reporting strong operational performance in Q2FY24 driven by Indian operations. Apollo Tyres delivered resilient numbers despite a steep decline in exports in Q2FY24. The company witnessed export volume decline of 40% YoY in Q2FY24, but which is up 7% sequentially. Speaking on lower exports volumes, Gaurav Kumar, Chief Financial Officer […]
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JK Cement reported healthy September Quarter 2023 numbers aided by strong volumes. The company reported 22% YoY volume growth of grey cement in Q2FY24. JK Cement is one of India’s leading manufacturers of grey and white cement in the country. The Company has an installed grey cement capacity of 20 MnTPA and white cement capacity […]
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