Nykaa said its Ebitda for the quarter surged 60 per cent YoY to Rs 73.50 crore, with Ebitda margin coming in at 5.2 per cent, up 116 basis points over 4 per cent in the year-ago quarter.
Varun Beverages share price today: Varun Beverages stock rose 4.57% intraday to Rs 855 against the previous close of Rs 817.60 on BSE. In a year, the stock has rallied 69% and gained 28% in 2023.
HCL Tech share price: The stock today surged 4.59 per cent to hit a day high of Rs 1,186.70. At this price, the scrip was just 1.33 away from its one-year high price of Rs 1,202.70, hit on July 5, 2023.
Shares of Apollo Micro Systems have zoomed about 1,400 per cent from its covid-19 low, while the stock has soared more than 460 per cent from its 52-week low.
Raymond said it was its strongest first quarter performance both in terms of revenue and Ebitda. The company continues to demonstrate consistent profitable growth despite subdued consumer demand, it said.
The multibagger stock, which closed at Rs 225 on August 10, 2020 rose to a high of Rs 1570 on the BSE on August 11, 2023, delivering 597.77% returns during the period.
Tata Power share price: On the earnings front, the energy arm of the Tata conglomerate recorded a more than 22 per cent jump in first-quarter profit, led by robust growth in its transmission and distribution segment. Consolidated net profit rose to Rs 972 crore for the quarter ended June 30, compared with Rs 795 crore a year ago.
GMM Pfaudler said the order backlog fell to Rs 2,013 crore in Q1 against Rs 2,162 crore in March and Rs 2,182 crore in the year-ago quarter. Order intake stood at Rs 770 crore for the quarter.
IRCTC shares gained 5.14% to Rs 679.60 against the previous close of Rs 646.35 on BSE. The railway stock opened marginally lower at Rs 645.35. Market cap of IRCTC climbed to Rs 53,568 crore.
Top stock picks for today: Mayuresh Joshi on Friday told BT TV that Kirloskar Oil Engines posted strong numbers in the first quarter of the current financial year (Q1 FY24). "Topline growth of Rs 1,500 crore in the first quarter came much better than the Street expectation. Bottomline growth has been substantial. Q1 numbers were strong and the second half is expected to be more substantial," he stated.
RPSG Ventures owns and operates a diversified portfolio of businesses including IT services, business process management, FMCG, Ayurveda formulations, real estate, sports and restaurants.
CARE Ratings said the ratings it assigned to the debt instruments of IOB continues to factor-in the majority ownership of government and its demonstrated funding support.
ZEE: Filing with ROC (post 30 days of receiving order) and MIB vetting are next steps, post which the stock shall be delisted for six weeks, analysts noted.
SAIL Q1 results: Lower volume offtake and higher input costs dent performance, said Motilal Oswal Securities as it maintained its 'Neutral' view on the stock with a target of Rs 80
Multibagger stock: RVNL shares, which closed at Rs 31.2 on August 10, 2022 ended at Rs 126.50 in the previous session (August 10, 2023), delivering 305.45% returns for the shareholders in a year.
LIC said its value of new business (VNB) stood at Rs 1,302 crore compared with Rs 1,397 crore YoY. The VNB margin for the quarter came in at 13.7 per cent against 13.6 per cent YoY.
