Tag: business

Lux industries reported 22% YoY revenue growth and a 58% YoY fall in net profit in March Quarter 2023. The stock price is up 4% since the Q4FY23 results were released on May 30, 2023. The positive stock price reaction is due to strong double-digit revenue growth, highest among the top quartile of the innerwear […]

Eicher Motors Limited (EML), parent company of iconic Royal Enfield motorcycles delivered stellar March Quarter 2023 earnings. Eicher Motor’s stock price jumped 6% after Q4FY23 results were announced. The leisure biker reported its highest ever quarterly revenues and profit after tax (PAT) aided by strong volumes and robust export performance. EML’s revenue growth was highest […]

Federal Bank reported its highest ever net profit of Rs 904 crore in March 2023 Quarter. Asset quality was stable with advances and deposits reporting 20% YoY and 17% YoY growth respectively in March 2023 Quarter. The stock price slid 8% intraday after Q4FY23 results were announced on May 5, 2023. Even with record net […]

Dabur India Q4FY23 results disappointed investors with its lackluster revenue and net profit growth. The stock price is down 1.5% reacting to weak March 2023 Quarter results. While revenue growth was modest at 6.4% YoY, net profit was flat in Q4FY23. Revenues and net profit came in at Rs 2,678 crore and Rs 293 crore […]

Supreme Industries stock price is near its 52-week high. The stock price gained 5% since its Q4FY23 results were announced on April 29, 2023.  Supreme Industries is engaged in the processing of polymers such as polystyrene and expanded polystyrene (EPS), extruded polystyrene (XPS) and resins into finished plastic products. On a high base, the company’s […]