Get ready to ride the rollercoaster of market madness and discover the hidden gems – which stocks and sectors will reign supreme in the Q1 results race?
It seems that the recent results season for the June 2023 quarter has brought some challenges to Dalal Street. The Nifty50 Index has experienced a correction of almost 3%, and BSE’s Sensex has dropped below 65,000-levels. While the majority of companies have reported in-line results, there have been a few exceptions, with some companies surpassing […]
Read More“Breaking records with Cipla’s Q1 success, net profit soars 45% to Rs 996 crore, exceeding expectations!”
Cipla, one of India’s leading pharmaceutical companies, delivered a strong and impressive performance in the first quarter. The company’s net profit rose by 45 per cent, reaching Rs 996 crore, which exceeded analysts’ expectations. Prior forecasts by analysts estimated the net profit to be around Rs 836 crore. The robust growth in Cipla’s net profit […]
Read MoreCanara Bank’s Q1 results are in and we’re thrilled to announce a 75% surge in profit to Rs 3,535 crore! Our Net Interest Margin (NIM) also stands strong at 3.05%.
The financial results reported by Canara Bank for the June quarter indicate a robust performance with significant growth in net profit and net interest income. Here are the key highlights: The positive financial results demonstrate Canara Bank’s improved performance during the June quarter, contributing to higher profitability and a positive outlook.
Read MoreReliance Jio’s Q1 results are in and the numbers are impressive! The net profit has jumped over 12% to Rs 4,863 crore.
Reliance Jio Infocomm, the telecom arm of Reliance Industries Limited (RIL), reported a robust performance in the first quarter, with a significant rise in net profit. The company’s net profit increased by 12.2% to reach Rs 4,863 crore. The rise in net profit can be attributed to the addition of more subscribers to Jio’s network. […]
Read MoreThe news about HUL’s Q1 profit and volume growth has disappointed the street.
FMCG major Hindustan Unilever delivered a lower-than-expected 8% growth in net profit for the first quarter at ₹2,472 crore, compared with ₹2,289 crore a year ago. Its sales grew 7% to ₹14,931 crore, compared to ₹14,016 crore a year earlier. The homecare-to-foods major reported year-on-year sales volume growth at a modest 3% for the April-June […]
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