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Sobha Ltd.’s PAT Grew 242% in Q4; Stocks Rallied 5%!

Sobha Ltd.’s PAT Grew 242% in Q4; Stocks Rallied 5%!

30 May 2023

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 Reports 170% Jump In Consolidated Profit in Q4FY23!

NBCC Reports 170% Jump In Consolidated Profit in Q4FY23!

30 May 2023

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 …

Best Large Cap Stocks to Invest In India 2023

Best Large Cap Stocks to Invest In India 2023

30 May 2023

What are Large Cap Stocks? Large cap stocks are stocks of those companies that have a market capitalisation of over Rs. 20,000 crore. This means these are exclusively those companies that have reached a certain level of revenue and wealth that allows them to preserve their market share, invest in R&D, and raise or borrow …

Bajaj Hindustan Sugar Stock Soars 11% on Strong Q4 Results

Bajaj Hindustan Sugar Stock Soars 11% on Strong Q4 Results

29 May 2023

During the ongoing period of financial developments, Bajaj Hindusthan Sugar Ltd disclosed their financial outcomes today for both the fourth quarter and fiscal year concluding on March 31, 2023.  In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, increased by 119.21% to …

Penny Stocks to Watch Out for Tomorrow, May 30, 2023

Penny Stocks to Watch Out for Tomorrow, May 30, 2023

29 May 2023

After President Joe Biden and congressional Republican Kevin McCarthy reached an agreement over the weekend to temporarily suspend the government’s debt ceiling, there was a positive impact on Asian shares and US stock futures. This deal effectively resolves a prolonged deadlock and eases investor concerns. As a result, the Nifty index saw a surge of …

Coforge: Joint Second in Customer Satisfaction Among IT Providers

Coforge: Joint Second in Customer Satisfaction Among IT Providers

29 May 2023

On Monday, the stock of Coforge opened at Rs 4502.05 and touched a high and low of Rs 4504.60 and Rs 4405, respectively.   Coforge has been ranked a joint second among IT service providers in customer satisfaction in ‘Whitelane Research’s 2023 UK IT Sourcing Study. Coforge’s customers in the UK have given an overall satisfaction …

SAIL Stocks Rallied 35%; Trend reversal Suggested!

SAIL Stocks Rallied 35%; Trend reversal Suggested!

29 May 2023

In such a strong bullish trading session, Nifty Metal witnessed strong buying activity as it crossed previous multiple swing highs and one stock from the same sector showed decent strength and is ready to register a breakout of the Trend Reversal pattern weekly charts.  The stock is Steel Authority of India Limited (SAIL), which is …

Nifty FMCG Index Crosses 50,000 Mark; Attains a Historic Milestone

Nifty FMCG Index Crosses 50,000 Mark; Attains a Historic Milestone

29 May 2023

The Nifty FMCG index touched a milestone of 50,000 mark for the first time since its inception on Friday, May 26, 2023. The index went from strength to strength and marked a fresh all-time high of 58,850.25 on May 29, 2023.   The Nifty FMCG Index is designed to reflect the behaviour of FMCGs Indian companies …

3 Stocks from BSE 500 Jumped by More than 6% Today, Do You Own Any?

3 Stocks from BSE 500 Jumped by More than 6% Today, Do You Own Any?

29 May 2023

The benchmark index S&P BSE 500 opened today at 25,055.11 and made its day high at 25,134.58 and it is trading with an up move of more than 0.40%.                    From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today.            …

KPI Green Energy Reports Stellar Q4 Results; Boosts Renewable Sector

KPI Green Energy Reports Stellar Q4 Results; Boosts Renewable Sector

29 May 2023

The domestic markets rallied on the first trading session of the week, thanks to positive global cues and good corporate earnings by key stocks. The broader market witnessed strong buying interest after good institutional inflow and positive investor sentiment.  Meanwhile, KPI Green Energy (NSE Code – KPIGREEN) has reported stellar Q4 numbers for FY2022-23.  In …

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