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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Aarti Industries Sees Recovery In FY25, Signs New 9-year Agrochemical Contract

Aarti Industries Limited (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals. The company has more than 100 products and more than 1,100 customers spread across the globe in 60 countries with major presence in USA, Europe, Japan. AIL manufactures speciality chemicals and intermediate for pharmaceuticals, agro chemicals, polymers, pigments, printing inks, dyes, […]

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Rupa & Company Sees Strong Growth Potential In Medium Term  

Rupa Company reported a good set of numbers in September Quarter 2023. Revenue from operations grew to Rs 302 crore, a rise of 6% YoY in Q2FY24 supported by double-digit volume growth. Volumes jumped 15% YoY in Q2FY24 and 10% in H1FY24. Volume growth in premium innerwear was the highest at  22% YoY, mid-premium grew […]

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KRBL September Quarter 2023 Impacted By Fall In Exports, litigation in Saudi market

KRBL reported muted September Quarter 2023 numbers. Revenue growth fell 8% YoY, after five quarters of consistent double-digit revenue growth. Revenue came in at Rs 1,213 crore in Q2FY24 compared to Rs 1,319 crore in the same period previous year. Domestic revenue (manufacturing, grading, sorting, and packaging rice) excluding power, increased by 35% YoY to […]

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Bata India Delivers Muted September Quarter 2023

Bata India delivered muted September Quarter 2023. The shift of festive season Q3FY24 was the major reason elucidated by the management. While that might be true for the quarter gone by, will growth return strongly for India’s largest footwear retailer in the coming quarters. The company reported revenues of Rs 819 crore, a 1.3% YoY […]

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Polycab Delivers Strong Numbers On The Back Of Robust Wires & Cables Performance

Polycab delivered the highest ever quarterly profit after tax (PAT) in September Quarter 2023. Revenues were up 27% YoY accompanied by 59% growth in net profit or PAT in Q2FY24. While management is confident of strong growth momentum driven by India’s ongoing infrastructural growth story, investors are awaiting its fast moving electrical goods (FMEG) segment […]

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