Natural Capsules, which is a top-growing manufacturer and supplier of high-quality capsule shells for pharmaceutical, nutraceutical, and dietary supplement industries, has reported quarterly results for the March quarter of FY23 this week. For Q4FY23, the revenue declined 7.92% YoY to Rs 38.93 crore from Rs 42.28 crore in March 2022. Meanwhile, net profit stood at …
ROCE, which stands for Return on Capital Employed, is a financial ratio utilized to evaluate a company’s profitability and efficiency in utilizing its capital investments. It measures how effectively a company generates profits from the capital it has employed, encompassing both equity and debt. Expressed as a percentage, ROCE represents the return achieved by the …
Power Finance Corporation has reported results for the fourth quarter (Q4) and the year ended March 31, 2023. The board of the company also recommended a final dividend of Rs 4.50 per equity share with a face value of Rs 10. On a consolidated basis, the company has reported a 42.66% rise in its net …
India benchmark indices are seen oscillating in a tight range with the NSE benchmark Nifty50 index hovering close to the 18,600 mark on Tuesday. The broader markets are seen relatively outperforming the frontline indices with Nifty Midcap and Smallcap index advancing 0.15% and 0.20%, respectively. In this background, one stock that is shining is DB …
The benchmark index S&P BSE 500 opened today at 25,074.05 and made its day high at 25,150.32 and it is trading almost flat with a downside move of 0.01% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …
The domestic markets inched higher during the initial hours of Tuesday, thanks to positive investor sentiment and good corporate results. Meanwhile, Medicamen Biotech reported stellar Q4 numbers as standalone revenue grew 62% YoY to Rs 37.49 crore as compared to Rs 23.09 crore in March 2022. Also, net profits jumped 47% YoY to Rs 4.04 …
Dividend is one of the important corporate announcements every investor wants to hear from the side of the company. Dividend is nothing but sharing of profit by the company with its shareholders. It always attracts investors to being invested in the company to receive dividends. Regular dividend-paying companies are always on the radar of investors. …
Indian benchmark indices are in the pink of their health as the NSE benchmark Nifty50 has extended its gains and marked a fresh swing high on Tuesday morning. Nifty after opening around the level 18,600 mark, dipped to an intra-day low of 18,575.50 and currently, it is trading near the day’s high. Over the last …
Sobha Limited unveils financial results yesterday for Q4 and the fiscal year ending on March 31, 2023. The company’s net profit for the fourth quarter which concluded on March 31, 2023, climbed by 242.25% to Rs 48.6 crore from Rs 14.2 crore as compared to the same quarter last year. The company’s total net sales …
NBCC (India) Ltd has reported robust returns in Q4FY23. The company’s net profit increased by 176.11% to Rs 113.74 crore in Q4FY23 as compared to Rs 176.11 crore in the same quarter last year and increased by 59.32% sequentially. The net sales of the company increased by 14.22% to Rs 2,732.42 crore as compared to …
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