Sensex

Broking Firm Emkay Global bets on Kalpataru Power.

Broking Firm Emkay Global bets on Kalpataru Power.

Broking firm Emkay Global is betting on the stock of Kalpataru Power Transmissions for solid returns. The firm has a buy on the stock of Kalpataru for an upside target of Rs 565 on the stock, as against the closing price of Rs 388 on Aug 27 (Friday), which implies gains of 44% per cent from current levels. Solid prospects for Kalpatru Power According to Emkay global, the company has strong prospects in T&D, Railways Pipeline. "Proven expertise and track record in the execution of EPC projects…
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Agarwal Industrial Corporation Limited shines again, reports 277% Growth in PAT in Q1FY22 (YOY)

Agarwal Industrial Corporation Limited shines again, reports 277% Growth in PAT in Q1FY22 (YOY)

Mumbai: Agarwal Industrial Corporation Limited (BSE: 531921 |NSE: AGARIND ), one of India’s largest integrated player in Bitumen, continued its growth trajectory, closing the first quarter of F.Y. 2021-22 with triple digit growth in both top and bottom line.   The Consolidated Revenue of the Company grew 177% (YoY) to Rs. 407.94 Crore. The Company, along with its subsidiaries, continued to maintain its track record of consistent growth performance. The consolidated profit after tax grew 277% YoY toRs. 15.07Crore. The Company has built a credible track-record in building…
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Ultratech Cement Ltd posts Rs. 1775.23 crores consolidated PAT in Q4FY21

Ultratech Cement Ltd posts Rs. 1775.23 crores consolidated PAT in Q4FY21

ULTRATECH CEMENT LTD. has reported financial results for the period ended March 31, 2021. Financial Results (Q4 FY20-21) - QoQ Comparison The company has reported total income of Rs.14465.94 crores during the period ended March 31, 2021 as compared to Rs.12522.03 crores during the period ended December 31, 2020. The company has posted net profit / (loss) of Rs.1775.23 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.1584.34 crores for the period ended December 31, 2020. The company has reported…
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TCS profit jumps to 6.3% in fourth quarter.

TCS profit jumps to 6.3% in fourth quarter.

TATA CONSULTANCY SERVICES,India's second-largest listed company by market capitalisation, on April 12, has reported a 6.3 percent sequential growth in March quarter consolidated profit at Rs 9,246 crore, driven by better-than-expected growth in revenue and operating income.Consolidated revenue during the quarter grew by 4 percent to Rs 43,705 crore compared to the previous quarter backed by ramp-up of large deals, cross-currency tailwind and recovery in demand.The revenue in dollar terms grew by 5 percent sequentially to $5,989 million in the quarter ended March 2021, against 5.1 percent…
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Sensex breaches 50,000-mark for first time ever

Sensex breaches 50,000-mark for first time ever

Sensex created history on Thursday, by rallying over 300 points to hit the 50,000-mark for the first time ever in early trade. Healthy buying was witnessed in auto and telecom stocks. A positive trend in the global markets also supported the indices on Thursday. After touching a lifetime high of 50,126.73, the 30-share BSE index was trading 300.09 points or 0.60 per cent higher at 50,092.21 in opening deals. Similarly, the broader NSE Nifty surged 85.40 points or 0.58 per cent to trade at 14,730.10. It too…
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