Results

IREDA Shares Climb After Strong Q2 Earnings; Stock Up 125% YTD

IREDA Shares Climb After Strong Q2 Earnings; Stock Up 125% YTD

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Shares of Indian Renewable Energy Development Agency (IREDA) rose on October 11 following the release of its strong second-quarter earnings report. The company’s net profit jumped 36 percent year-on-year (YoY) to ₹387.75 crore, driven by higher revenues, reinforcing investor confidence. Total income from operations surged 38 percent YoY to ₹1,630.38 crore, while the company’s net […]

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Ashoka Metcast Shares Hit 20% Upper Circuit After Q2 Profit Surges 894% YoY

Ashoka Metcast Shares Hit 20% Upper Circuit After Q2 Profit Surges 894% YoY

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Shares of Ashoka Metcast surged by 20 percent on October 11, reaching the upper circuit, following the announcement of an impressive 894.29 percent year-on-year (YoY) jump in net profit to ₹3.48 crore for the quarter ended September 2024. The company also saw a significant increase in sales, growing 142.47 percent YoY to ₹14.33 crore. In

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TCS Q2 FY25 Net Profit Dips to Rs 11,909 Crore, Declares Rs 10 Dividend

TCS Q2 FY25 Net Profit Dips to Rs 11,909 Crore, Declares Rs 10 Dividend

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Tata Consultancy Services (TCS) posted a 1.1% quarter-on-quarter (QoQ) drop in net profit for Q2 FY25, amounting to Rs 11,909 crore, falling short of market expectations. Revenue rose to Rs 64,259 crore for the same period. The IT giant announced a second interim dividend of Rs 10 per share, with a record date of October

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Gujarat Pipavav Shares Drop 5% After Q2 Business Update Disappoints

Gujarat Pipavav Shares Drop 5% After Q2 Business Update Disappoints

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Shares of Gujarat Pipavav Ports fell over 5 percent on October 7 after the company reported a disappointing business update for the July-September quarter. The port operator saw a significant drop in both container and dry bulk volumes, which contributed to the stock’s sharp decline. Total container volumes for Q2 fell 17 percent year-on-year to

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Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

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Ola Electric Mobility reported a net loss of ₹347 crore for the quarter ending June 30, 2024, marking a 30% increase in losses from ₹267 crore in the same period last year. However, the company, which recently made its debut on the stock market, saw its consolidated revenue from operations rise by 32% year-on-year to

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MTAR Technologies' Shares Fall 6% After Firm's Weak Q1 Results

MTAR Technologies’ Shares Fall 6% After Firm’s Weak Q1 Results

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The shares of MTAR Technologies tumbled to over 6% on August 14, hitting an intraday low of ₹1,672.05 apiece, after its unimpressive financial results for the quarter ending on June 30, 2024. At 11:20 a.m., a partial recovery had helped the stock to down still 4%, to sell at ₹1,709.00 per share. The company posted

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Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

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Marksans Pharma share edged 13 per cent higher in opening deals today, August 14, 2024, after the company posted strong numbers for the April-June quarter of FY25. The stock was at ₹202.18 on the NSE at 11:54 AM, near its intraday high of ₹213. Its stellar earnings report saw a sharp rise in trading volume

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Hindalco Q1 Results: Net Profit Rises 25% to ₹3,074 Crore

Hindalco Q1 Results: Net Profit Rises 25% to ₹3,074 Crore

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Hindalco Industries, a flagship company of the Aditya Birla Group, reported a 25% year-on-year increase in its net profit for Q1 FY25, amounting to ₹3,074 crore. This result, announced on August 12, 2024, fell short of market expectations, as a Bloomberg poll had estimated a net profit of ₹3,428 crore for the quarter. The company’s

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Olectra Greentech Stock Soars 12% Following Strong Q1 Earnings Report

Olectra Greentech Stock Soars 12% Following Strong Q1 Earnings Report

/ Results /

Olectra Greentech’s stock surged by more than 12% on August 13 after the company announced impressive financial results for the first quarter of FY25. The Hyderabad-based electric vehicle (EV) manufacturer reported a 34% year-on-year (YoY) increase in net profit, reaching ₹24 crore. Revenue also saw significant growth, climbing 45% YoY to ₹314 crore for the

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Shipping Corporation Shares Surge 10% on Strong Q1 Earnings; Up 170% Over the Year

Shipping Corporation Shares Surge 10% on Strong Q1 Earnings; Up 170% Over the Year

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On August 10, shares of Shipping Corporation of India jumped more than 10 per cent after the company posted strong first-quarter earnings for FY25. Net profit surged 70 per cent year-on-year to ₹291.5 crore at the state-run enterprise. Further, revenue from operations gained 26 per cent year-on-year to ₹1,514.3 crore. On an operating level, EBITDA

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