Category: Uncategorized

For the reporting quarter, the company reported a decline in asset quality with the gross NPA up17 basis points QoQ to 3.64 percent and net NPA up 19 basis points QoQ to 1.55 percent in Q3FY24.

As for volumes, the company experienced a 1.8 percent decline in volumes, with 16,476 cases in the third quarter

The share touched a 52-week high of Rs 148.05 and a 52-week low of Rs 57.30 on 10 January, 2024 and 28 March, 2023, respectively.

JSW Energy reported a 24.36 percent year-on-year increase in consolidated net profit for the third quarter

A total of 58 paisa out of every rupee the government earns comes from direct and indirect taxes. Out of this, income tax contributes 15 paisa.

Projections include a QoQ net profit of Rs 3556 crore, an 18% decline in net sales, and an expected 13% YoY decrease. Analysts foresee a 6% dip in standalone volumes due to a seasonally weak quarter, coupled with a 1% sequential rise in blended realizations amid higher domestic steel prices.

Urbanisation, industrialisation and the growth of the middle class are driving a rapid increase in consumption of petroleum products for heating, lighting, cooking, transportation and petrochemicals.

Morgan Stanley retained its ‘underweight’ call on the Tata group company, with a target price of Rs 7,500 per share

The letter alleges that efforts are ongoing to scuttle the merger with Sony. Chandra wrote in his letter that while he is not concerned about the probe by market regulator SEBI, but the timing of the new notice.

The company will close the financial year 2023-24 with 11.5 percent revenue growth, falling short by 50-basis-points (bps) of the guidance it has set for itself.