Despite the uptick in revenue, operational performance came under heavy pressure. EBITDA plunged 76.5 per cent YoY to Rs 134.7 crore from Rs 573.9 crore.
Stocks including RIL, Canara HSBC Life, Infosys, LTIM, Jio Finance, Wipro, BEML, JSW Infra, Fortis Health, Cyient and more will be in the spotlight on Friday, October 17.
Stocks including Adani Power, Power Grid, Lupin, HUDCO, RailTel Corp, GRSE, Netweb Tech, Oil India, PNC Infra and more will be in the spotlight on Monday, September 22.
The Godrej Industries Group was the fastest growing establishment in the BT500 list, seeing a stupendous 382% rise in PAT
Analysts at Religare Broking highlighted continued weakness in the banking index as a concern, though relative strength in FMCG, auto and consumer durables sectors provided support.
The Pidilite Industries board, at its meeting held on August 30, had recommended and approved a special dividend of Rs 10 per equity share of a face value of Rs 1 each.
Stocks including Ellenbarrie, Kalpataru, HCL Tech, SJVN, CG Power, BEL, Apollo Hospital, Raymond Realty, SJVN, Globe Projects, auto stocks and more will be in the spotlight on Tuesday, July 01.
Stocks to consider: Nomura India prefers Axis Bank, ICICI Bank State Bank of India, Bajaj Finance, Godrej Copnsumer Products Ltd and Reliance Industries among largecap names.
Stocks including HCL Technologies, IRCON International, Zydus Lifesciences, Tata Power, Cyient, Indian Hotels, JK Cement, Havells and Macrotech Developers will be in the spotlight on Tuesday, April 15.
Godrej Industries' Chemicals Business has acquired Savannah Surfactants' Food Additives Business to expand its global offerings in the Food & Beverages Industry. Located in Goa, Savannah boasts a manufacturing capacity of 5,200 MTPA. The acquisition aligns with Godrej's strategy for sustainable growth.
An analyst from Master Capital said that Pidilite has gained over 10 per cent and reclaimed key moving averages- 21, 55, and 100-day EMAs, indicating strength across multiple time frames.
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