Q4 Earnings News
Trent, Westlife Foodworld, and Relaxo: Axis picks top retail stocks after Q4 results
Axis Securities picks Trent, Westlife Foodworld, and Relaxo Footwear as top retail stock choices post Q4FY24 results season. Premium retailers maintain growth, value retailers show recovery, and QSR face challenges.
3 min read11 Jun 2024Welspun Corp stock drops 8% on lower-than-expected FY25 guidance
Welspun Corp’s stock dropped 8% on Friday due to lower-than-expected guidance for FY25. The company reported a 19.7% YoY increase in net profit for Q4FY24, with revenue growing by 9.6%. EBITDA decreased by 21.9% in Q4FY24 compared to the previous year.
2 min read31 May 2024Tata Steel stock tumbles 5% after weak Q4 earnings; should you buy, sell, or hold?
Tata Steel’s shares fell by nearly 5% post Q4 FY24 results, with consolidated net profit declining by 64.59% to ₹554.56 crore. Revenue dropped in India, Netherlands, and UK, leading to a full-year revenue decrease.
3 min read30 May 2024Bata India stock gains 3% after Q4 results, management says growth outlook positive
Bata India’s shares rose 3% after the company posted Q4FY24 results. While a 3.02% decline was seen in the net profit, the revenue increased by 2.47%. The company recommended a dividend of ₹12 per share for FY24.
2 min read30 May 2024Campus Activewear shares zoom 14% on strong Q4 results; should you still buy?
Campus Activewear’s shares surged 14% after it reported strong earnings for Q4FY24. Net profit rose 42.6% YoY to ₹32.7 crore while revenue increased 4.6% YoY to ₹364 crore. EBITDA grew 16% YoY to ₹66.4 crore.
3 min read29 May 2024Q4 Results Today: Tata Steel, Alkem Laboratories, Emami, Heritage Foods among 566 companies to post earnings on May 29
On May 29, 566 companies will report their fourth-quarter earnings for the fiscal period ending March 31, 2024. Notable companies among them are Tata Steel, Reliance Communications, Alkem Lab, Mazagon Dock, Cummins India, Emami, Ipca Laboratories, and KNR Constructions.
7 min read29 May 2024Up 36% from IPO price, SMIFS sees another 60% upside in this hospital stock
SMIFS maintains a ‘buy’ call on Yatharth Hospital with a target price of ₹650, citing growth potential. Stock is trading at a comfortable valuation with significant growth opportunities in the local market. The company also reported strong performance in FY24.
3 min read28 May 2024Sumitomo Chemical stock jumps over 9% to 52-week high as profit jumps 52% in Q4
Shares of Sumitomo Chemical rallied 9.3% to year-high post Q4FY24 results. It is up 43% from 52-week low. The net profit rose 52% in March quarter to ₹109.89 crore.
2 min read28 May 2024Q4 results today: IRCTC, Linde, Prestige Estates & Aditya Birla Fashion among 30 companies to report earnings on May 28
Q4 results on May 28: General Insurance Corporation of India, EIH, ITI, Aditya Birla Fashion and Retail, Brigade Enterprises, NBCC, Rites, Engineers India, Ingersoll-Rand (India), PTC Industries, and MMTC, are also among the 30 companies that will announce their Q4 earnings today.
2 min read28 May 2024Aegis Logistics stock surges 9% to new high after Q4 results, up 23% in 2 sessions
Shares of Aegis Logistics surged 9% to hit a new high after strong Q4FY24 results. Stock has jumped 23% in 2 sessions.
3 min read27 May 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared