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 […]
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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 […]
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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 […]
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Page Industries, Lux Industries and Rupa & Company stock prices are at their 52-week low. Dollar Industries stock price has fallen 42% from its 52-week high. With poor December 2022 Quarter performance, stock prices of men, women & kids innerwear companies of the Indian listed space have fallen considerably. In fact FY23 has been tough […]
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Laurus Labs reported consolidated revenues of Rs 1,545 crore in Q3FY23 against Rs 1,029 crore in the same period previous year. While the company reported revenue growth of 50% YoY, sequential revenue and net profit growth fell 2% and 13% respectively in Q3FY23. Operating margins at 26.1% too witnessed 160 basis points (bps) fall in […]
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Tata Consultancy Services (TCS) stock price fell 2% post its December quarter 2022 result announcement. Revenue growth came in at 19% YoY and net profit grew 11% YoY, but the street was not impressed. Nifty IT is the worst performing sector index down 26% YoY. While the present uncertain global macro-economic and geopolitical tensions persist, […]
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