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Electronics Mart India trades higher on the BSE Electronics Mart India is currently trading at Rs. 182.50, up by 1.20 points or 0.66% from its previous closing of Rs. 181.30 on the BSE. The scrip opened at Rs. 182.05 and has touched a high and low of Rs. 182.95 and Rs. 179.00 respectively. So far 23304 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 09-Jul-2024 and a 52 week low of Rs. 154.05 on 13-Nov-2024. Last one week high and low of the scrip ...
Electronics Mart India trades higher on the BSE
Electronics Mart India trades higher on the BSE
Source: Accord Fintech
2024-12-17 11:38:28 am
Buy Stove Kraft Ltd For Target Rs.1,101 By Yes Securities Ltd Distribution expansion, manufacturing excellence and new product launches to drive outperformance; reiterate BUY We visited Stovekraft’s manufacturing facility near Bengaluru to get insights into its manufacturing capabilities, sourcing, new product development, extent of in-house manufacturing and level of backward integration. Our key takeaways are as follows i) STOVEKRA currently manufactures ~95% of product sold in-house; ii) they have completely backward integrated their manufac...
Buy Stove Kraft Ltd For Target Rs.1,101 By Yes Securities Ltd
Buy Stove Kraft Ltd For Target Rs.1,101 By Yes Securities Ltd
Source: Yes Securities Ltd
2024-12-17 11:02:56 am
Consumer Durables Sector Update : Winter products sees slow off-take; Cables and wires continues to register strong volume growth by Yes Securities Our interaction with the dealers of consumer durables and electrical suggest post the festive season of Diwali in early November, demand has been subdued with slow start to the winter products. In the month of November demand has been sluggish with slow start to the winter products. Few brands have taken token price increase of 1- 2%. Premium products continue to see higher traction on back of no-costs EMI offered by the brands. Moreover, festive season of Diwali saw satisfactory demand with ...
Consumer Durables Sector Update : Winter products sees slow off-take; Cables and wires continues to register strong volume growth by Yes Securities
Consumer Durables Sector Update : Winter products sees slow off-take; Cables and wires continues to register strong volume growth by Yes Securities
Source: Yes Securities Ltd
2024-12-10 11:09:32 am
Electronics Mart India rises on starting operations of new multi brand store in Andhra Pradesh Electronics Mart India is currently trading at Rs. 180.60, up by 2.40 points or 1.35% from its previous closing of Rs. 178.20 on the BSE. The scrip opened at Rs. 178.65 and has touched a high and low of Rs. 182.70 and Rs. 178.65 respectively. So far 13378 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 09-Jul-2024 and a 52 week low of Rs. 154.05 on 13-Nov-2024. Last one week high and low of the scrip ...
Electronics Mart India rises on starting operations of new multi brand store in Andhra Pradesh
Electronics Mart India rises on starting operations of new multi brand store in Andhra Pradesh
Source: Accord Fintech
2024-12-06 11:29:14 am
Kirloskar Pneumatic Company soars on acquiring 55.26% stake in Systems and Components (India) Kirloskar Pneumatic Company is currently trading at Rs. 1728.60, up by 16.50 points or 0.96% from its previous closing of Rs. 1712.10 on the BSE. The scrip opened at Rs. 1727.95 and has touched a high and low of Rs. 1750.80 and Rs. 1707.85 respectively. So far 11371 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1817.50 on 04-Dec-2024 and a 52 week low of Rs. 572.00 on 06-Dec-2023. Last one week high and low of...
Kirloskar Pneumatic Company soars on acquiring 55.26% stake in Systems and Components (India)
Kirloskar Pneumatic Company soars on acquiring 55.26% stake in Systems and Components (India)
Source: Accord Fintech
2024-12-05 03:58:11 pm
Buy Symphony Ltd For Target Rs.1,519 By Geojit Financial Services Ltd Strong Q2 performance, Rating Upgraded Symphony Ltd. and its subsidiaries manufacture and trade in residential, commercial and industrial air coolers in the domestic and international markets. The company operates through the air coolers and corporate funds segments and offers residential, packaged and central air coolers. * Symphony’s consolidated revenue rose 14.5% YoY in Q2FY25 to Rs. 315cr, supported by strong domestic sales. * Symphony’s revenue in India rose 24.5% Y...
Buy Symphony Ltd For Target Rs.1,519 By Geojit Financial Services Ltd
Buy Symphony Ltd For Target Rs.1,519 By Geojit Financial Services Ltd
Source: Geojit Financial Services
2024-12-02 04:29:54 pm
Crompton Greaves Consumer Electricals inches up on launching new product `LED TabLight` Crompton Greaves Consumer Electricals is currently trading at Rs. 405.80, up by 0.10 points or 0.02% from its previous closing of Rs. 405.70 on the BSE. The scrip opened at Rs. 406.00 and has touched a high and low of Rs. 408.40 and Rs. 404.60 respectively. So far 11039 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 483.65 on 02-Sep-2024 and a 52 week low of Rs. 262.10 on 22-Mar-2024. Last one week high and low...
Crompton Greaves Consumer Electricals inches up on launching new product `LED TabLight`
Crompton Greaves Consumer Electricals inches up on launching new product `LED TabLight`
Source: Accord Fintech
2024-11-26 10:49:24 am
Neutral TTK Prestige Ltd For Target Rs. 946 by Yes Securities Ltd Result Synopsis TTKPT delivered muted revenue growth despite favorable base. Lower rural demand has resulted in muted revenue growth. General trade has done well during the quarter, they continued to feel the pressure from the e-commerce and modern format stores which did well during this quarter ahead of the festive season. Rural Channel driven by MFI has not performed well as they had their own issues to deal with. Gross margin has contracted 238bps on sequential basis on higher commodit...
Neutral TTK Prestige Ltd For Target Rs. 946 by Yes Securities Ltd
Neutral TTK Prestige Ltd For Target Rs. 946 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-21 02:09:58 pm
Add V-Guard Industries Ltd For Target Rs. 467 by Yes Securities Ltd Result Synopsis VGRD reported inline revenue growth of 14.1% driven by strong performance of electronics segment (+18.8%) followed by Electricals (+16.3%). Consumer durables revenue grew 10.6%, while Sunflame Appliances revenue declined 1.1% on yoy basis. Non-south revenue grew 16.9%, while south revenue grew 13.6%. Sunflame appliances revenue de-growth was attributed to lower demand for kitchen appliances and significant decline in CSD orders. Gross margins for the quarter expanded by 207...
Add V-Guard Industries Ltd For Target Rs. 467 by Yes Securities Ltd
Add V-Guard Industries Ltd For Target Rs. 467 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-21 02:04:43 pm
Reduce Blue Star Ltd For Target Rs. 1,749 by Yes Securities Ltd Result Synopsis BLSTR delivered inline revenue growth with EMPS delivering robust 32.6% growth, while unitary products business saw muted growth of 5.1%. PEIS segment has declined by 3.8% yoy. Muted revenue growth is attributed to challenges in the commercial refrigeration business arising from regulatory changes related to BIS and Quality Control Order (QCO) as well as delays in ramping up production of the new range of glass top deep freezers. RAC continued its growth momentum with BLSTR...
Reduce Blue Star Ltd For Target Rs. 1,749 by Yes Securities Ltd
Reduce Blue Star Ltd For Target Rs. 1,749 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-20 05:47:20 pm
Buy Whirlpool of India Ltd For Target Rs. 2,483 by Yes Securities Ltd Result Synopsis Whirlpool’s consolidated revenue came 2.5% below estimates. Revenue grew 12.6% yoy. WHIRL revenue grew in double digit despite overall industry for refrigerator and washers was flattish in Q2. Revenue growth was driven by strong volume share growth in Refrigerators and Washers compared to last year as well as more premium product mix driving value growth. The company continued to gain market share in its key categories of refrigerators and washers. Gross margin has im...
Buy Whirlpool of India Ltd For Target Rs. 2,483 by Yes Securities Ltd
Buy Whirlpool of India Ltd For Target Rs. 2,483 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-19 03:58:52 pm
Havells India trades higher on the BSE Havells India is currently trading at Rs. 1650.00, up by 32.30 points or 2.00% from its previous closing of Rs. 1617.70 on the BSE. The scrip opened at Rs. 1633.95 and has touched a high and low of Rs. 1664.10 and Rs. 1619.25 respectively. So far 8723 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2104.95 on 23-Sep-2024 and a 52 week low of Rs. 1273.40 on 20-Nov-2023. Last one week high and low of the scrip sto...
Havells India trades higher on the BSE
Havells India trades higher on the BSE
Source: Accord Fintech
2024-11-19 02:53:53 pm
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd Result Synopsis Crompton has reported marginally lower than estimated revenue growth on account of subdued performance of Butterfly Appliances. ECD revenue grew 12.5% (in line with estimates). Fans have witnessed muted growth of 5%, while Pumps (+20%) and Appliances (+26%) have registered strong growth. Appliance growth has been driven by water heater, room heater and mixer grinders. Air-cooler delivered strong growth even in the lean season. Company continues to gain share in its key cate...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-19 11:28:55 am
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd Healthy UCP performance; recovery continues in EMPS * Voltas (VOLT)’s 2QFY25 earnings were above our estimates, led by higherthan-estimated revenue/EBIT growth in the UCP segment and higher margin in the EMPS segment. Revenue grew 14% YoY to INR26.2b (5% beat), while EBITDA jumped 131% YoY to INR1.6b (11% beat). OPM surged 3.1pp YoY to ~6% (+30bp vs. our est.). Adj. PAT jumped 265% YoY to INR1.3b (est. INR1.2b). * Management indicated that VOLT maintains a leadership pos...
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-15 06:02:45 pm
Add Symphony Ltd For Target Rs. 1,696 by Yes Securities Ltd Result Synopsis Symphony on consolidated basis missed our revenue estimates by 6%, miss was largely on account of decline in international revenue. International revenue registered declined of 8.4% on yoy basis, while domestic business saw growth of 24.5%. Gross margins have seen expansion of 334bps on back of tactical pricing, value engineering and softening of input costs. EBITDA margin on other hand has seen expansion of 541bps to 20.3%, despite negative operating leverage in the intern...
Add Symphony Ltd For Target Rs. 1,696 by Yes Securities Ltd
Add Symphony Ltd For Target Rs. 1,696 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-15 03:20:24 pm
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd Healthy UCP performance; recovery continues in EMP RAC’s market share at 21% as of Sep’24 * Voltas (VOLT)’s 2QFY25 earnings were above our estimates, led by higherthan-estimated revenue/EBIT growth in the UCP segment and higher margin in the EMPS segment. Revenue grew 14% YoY to INR26.2b (5% beat), while EBITDA jumped 131% YoY to INR1.6b (11% beat). OPM surged 3.1pp YoY to ~6% (+30bp vs. our est.). Adj. PAT jumped 265% YoY to INR1.3b (est. INR1.2b). * Management ind...
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd
Buy Voltas Ltd For Target Rs.2,070 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-15 11:22:57 am
Havells India gains as its consolidated net profit rises 7.50% in Q2FY25 Havells India is currently trading at Rs. 1846.25, up by 19.90 points or 1.09% from its previous closing of Rs. 1826.35 on the BSE. The scrip opened at Rs. 1806.00 and has touched a high and low of Rs. 1848.00 and Rs. 1762.90 respectively. So far 46136 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2104.95 on 23-Sep-2024 and a 52 week low of Rs. 1233.10 on 01-Nov-2023. Last one week high and low of the scrip st...
Havells India gains as its consolidated net profit rises 7.50% in Q2FY25
Havells India gains as its consolidated net profit rises 7.50% in Q2FY25
Source: Accord Fintech
2024-10-18 12:26:32 pm
Havells India misses Q2 profit view on lower demand, surging expenses  Home appliances maker Havells India reported a smaller-than-expected rise in second-quarter profit on Thursday, due to lower demand for its air conditioners and fans on account of the monsoon season and higher expenses. Profit rose nearly 10% from a year earlier to 2.73 billion rupees ($32.5 million) for the three months ended Sept. 30, but fell short of analysts' expectations of 3.24 billion rupees, according to data compiled by LSEG. Total expenses rose 18% year-on-year to 4...
Havells India misses Q2 profit view on lower demand, surging expenses
Havells India misses Q2 profit view on lower demand, surging expenses
Source: Reuters
2024-10-17 04:45:40 pm
Amber Enterprises trades higher on the BSE Amber Enterprises India is currently trading at Rs. 5518.65, up by 35.75 points or 0.65% from its previous closing of Rs. 5482.90 on the BSE. The scrip opened at Rs. 5499.95 and has touched a high and low of Rs. 5567.85 and Rs. 5375.00 respectively. So far 7351 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5670.00 on 16-Oct-2024 and a 52 week low of Rs. 2712.10 on 23-Oct-2023. Last one week high and low of th...
Amber Enterprises trades higher on the BSE
Amber Enterprises trades higher on the BSE
Source: Accord Fintech
2024-10-17 02:46:47 pm
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company Amber Enterprises India is currently trading at Rs. 5409.85, up by 245.90 points or 4.76% from its previous closing of Rs. 5163.95 on the BSE. The scrip opened at Rs. 5155.00 and has touched a high and low of Rs. 5485.90 and Rs. 5148.25 respectively. So far 5934 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5,485.90 on 16-Oct-2024 and a 52 week low of Rs. 2712.10 on 23-Oct-2023. Last one week high and low of ...
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company
Source: Accord Fintech
2024-10-16 01:39:44 pm
Electronics Mart India trades higher on the BSE Electronics Mart India is currently trading at Rs. 211.50, up by 1.50 points or 0.71% from its previous closing of Rs. 210.00 on the BSE. The scrip opened at Rs. 210.55 and has touched a high and low of Rs. 213.30 and Rs. 207.20 respectively. So far 94254 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 09-Jul-2024 and a 52 week low of Rs. 143.35 on 09-Oct-2023. Last one week high and low of the scrip ...
Electronics Mart India trades higher on the BSE
Electronics Mart India trades higher on the BSE
Source: Accord Fintech
2024-10-07 03:41:42 pm
Avenue Supermarts rises on the bourses Avenue Supermarts is currently trading at Rs. 5310.85, up by 44.75 points or 0.85% from its previous closing of Rs. 5266.10 on the BSE. The scrip opened at Rs. 5280.25 and has touched a high and low of Rs. 5353.05 and Rs. 5177.35 respectively. So far 14989 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5446.65 on 11-Sep-2024 and a 52 week low of Rs. 3617.30 on 03-Oct-2023. Last one week high and low of the scr...
Avenue Supermarts rises on the bourses
Avenue Supermarts rises on the bourses
Source: Accord Fintech
2024-09-19 03:54:22 pm
India's Voltas reports two-fold rise in profit on higher demand for air conditioners India's Voltas posted a more than two-fold jump in its first-quarter profit on Monday as consumers bought more of its air conditioners and coolers amid unprecedented heatwaves across the country. The company's consolidated net profit jumped to 3.34 billion rupees (nearly $40 million) from 1.29 billion rupees a year earlier. Revenue from operations for the company, which also makes AC stabilizers, rose 47% to 49.04 billion rupees, led by a 51% growth in its cooling products segme...
India's Voltas reports two-fold rise in profit on higher demand for air conditioners
India's Voltas reports two-fold rise in profit on higher demand for air conditioners
Source: Reuters
2024-08-12 09:30:32 am
India's Blue Star doubles Q1 profit, beats view as new launches drive demand India's Blue Star beat first-quarter profit estimates on Tuesday as the launch of dozens of new air conditioner models helped the appliance maker tap into customer demand during the summer's unprecedented heatwaves. Blue Star's consolidated net profit rose 102.6% to 1.69 billion rupees ($20.14 million) for the three months ended June 30, surpassing analysts' expectations of 1.41 billion rupees, according to LSEG data. Revenue from its segment that makes ACs and commercia...
India's Blue Star doubles Q1 profit, beats view as new launches drive demand
India's Blue Star doubles Q1 profit, beats view as new launches drive demand
Source: Reuters
2024-08-06 05:20:09 pm
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products Home appliances maker Crompton Greaves Consumer Electricals beat first-quarter profit estimates on Wednesday, helped by higher demand for fans and air coolers amid extreme heat conditions in the country. The company reported consolidated net profit of 1.52 billion rupees ($18.2 million) for the quarter ended June 30, up 28% from a year ago. Analysts were expecting a profit of 1.47 billion rupees as per LSEG. Revenue from operations jumped 14% to 21.38 billion rupees, while cost of mater...
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products
Source: Reuters
2024-07-31 04:38:03 pm
Dixon Technologies (India) jumps on reporting 2- fold jump in Q1 consolidated net profit Dixon Technologies (India) is currently trading at Rs. 12195.00, up by 228.30 points or 1.91% from its previous closing of Rs. 11966.70 on the BSE. The scrip opened at Rs. 12600.70 and has touched a high and low of Rs. 12699.90 and Rs. 12094.15 respectively. So far 33954 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 12877.00 on 03-Jul-2024 and a 52 week low of Rs. 4,081.55 on 02-Aug-2023. Last one week high an...
Dixon Technologies (India) jumps on reporting 2- fold jump in Q1 consolidated net profit
Dixon Technologies (India) jumps on reporting 2- fold jump in Q1 consolidated net profit
Source: Accord Fintech
2024-07-31 11:19:01 am
Whirlpool's India unit beats Q1 profit estimate on strong demand Home appliances maker Whirlpool of India beat first-quarter profit estimates on Monday, helped by strong demand for its air conditioners and refrigerators amid hot weather in the country. Whirlpool's India unit posted consolidated net profit of 1.44 billion rupees ($17.3 million) in the quarter ended June 30, compared to 748.8 million rupees an year ago. Analysts, on average, had expected a profit of 1.27 billion rupees, as per LSEG data. Revenue from operations rose nearly 23% t...
Whirlpool's India unit beats Q1 profit estimate on strong demand
Whirlpool's India unit beats Q1 profit estimate on strong demand
Source: Reuters
2024-07-29 04:30:37 pm
Electronics Mart India soars on starting commercial operations of new store in Telangana Electronics Mart India is currently trading at Rs. 247.00, up by 4.75 points or 1.96% from its previous closing of Rs. 242.25 on the BSE. The scrip opened at Rs. 247.60 and has touched a high and low of Rs. 261.75 and Rs. 244.35 respectively. So far 84147 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.75 on 9-Jul-2024 and a 52 week low of Rs. 87.40 on 14-Jul-2023. Last one week high and low of the scrip st...
Electronics Mart India soars on starting commercial operations of new store in Telangana
Electronics Mart India soars on starting commercial operations of new store in Telangana
Source: Accord Fintech
2024-07-09 10:50:55 am
T D Power Systems soars on receiving order worth $9.28 million T D Power Systems is currently trading at Rs. 371.70, up by 10.45 points or 2.89% from its previous closing of Rs. 361.25 on the BSE. The scrip opened at Rs. 364.45 and has touched a high and low of Rs. 376.25 and Rs. 360.20 respectively. So far 61524 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 397.95 on 18-Jun-2024 and a 52 week low of Rs. 225.20 on 25-Oct-2023. Last one week high and low of the scrip stood...
T D Power Systems soars on receiving order worth $9.28 million
T D Power Systems soars on receiving order worth $9.28 million
Source: Accord Fintech
2024-07-02 04:59:08 pm
Whirlpool rises on joining hands with Hindustan Unilever to enhance laundry experience for consumers Whirlpool of India is currently trading at Rs. 1815.55, up by 21.85 points or 1.22% from its previous closing of Rs. 1793.70 on the BSE. The scrip opened at Rs. 1822.10 and has touched a high and low of Rs. 1827.50 and Rs. 1796.10 respectively. So far 12255 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,836.50 on 13-Jun-2024 and a 52 week low of Rs. 1186.85 on 27-Feb-2024. Last one week high and low of the s...
Whirlpool rises on joining hands with Hindustan Unilever to enhance laundry experience for consumers
Whirlpool rises on joining hands with Hindustan Unilever to enhance laundry experience for consumers
Source: Accord Fintech
2024-06-13 11:16:35 am
Honasa Consumer Reports Strong Financial Performance With 23% Growth And Highest Ever Quarterly Pat At INR 30 Cr. Highlights: - Honasa Consumer continues to deliver disruptive growth in Q4, much ahead of FMCG industry, with 23% (like-for-like) YoY revenue growth  - Business continues to grow efficiently, with full year PAT of INR 111 Cr and 7.1% EBITDA; delivered ever-highest quarterly PAT of INR 30 Cr and generated INR 81 Cr cash - Strong offtake momentum continues for Mamaearth with faster than market growth, with 120 bps offline market-share growth YoY for facewashes, and 40 bps for sham...
Honasa Consumer Reports Strong Financial Performance With 23% Growth And Highest Ever Quarterly Pat At INR 30 Cr.
Honasa Consumer Reports Strong Financial Performance With 23% Growth And Highest Ever Quarterly Pat At INR 30 Cr.
Source: PR Agency
2024-05-24 10:30:52 am
V-Guard Industries falls despite reporting 44% rise in Q4 consolidated net profit V-Guard Industries is currently trading at Rs. 373.50, down by 0.40 points or 0.11% from its previous closing of Rs. 373.90 on the BSE. The scrip opened at Rs. 377.75 and has touched a high and low of Rs. 377.75 and Rs. 367.25 respectively. So far 23068 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 378.00 on 15-May-2024 and a 52 week low of Rs. 240.05 on 31-May-2023. Last one week high and low of the scrip sto...
V-Guard Industries falls despite reporting 44% rise in Q4 consolidated net profit
V-Guard Industries falls despite reporting 44% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-17 02:15:41 pm
Consumer Discretionary -`Moderate growth` quarter -Quarterly Preview By Elara Capital ‘Moderate growth’ quarter P&A segment: Expect volume growth to moderate India’s Alcohol & Beverage segment (Alcobev) has seen good volume growth in the Prestige & Above (P&A) vertical, but we expect some moderation in Q4. Raw material prices remain stable, especially for glass, packaging material and barley with improvement in grain prices but ENA (extra neutral alcohol) prices are volatile. Expect subdued P&A volume growth of 3% YoY for UNSP due to...
Consumer Discretionary -`Moderate growth` quarter -Quarterly Preview By Elara Capital
Consumer Discretionary -`Moderate growth` quarter -Quarterly Preview By Elara Capital
Source: Elara Capital
2024-05-16 10:30:48 am
Voltas Q4 net profit dips 19 per cent, declares dividend of Rs 5.50 per share Tata Group AC manufacturer Voltas Ltd on Tuesday reported a 19 per cent decline in consolidated net profit, at Rs 116 crore, for the January-March quarter of 2023-24, compared to Rs 144 crore in the same period of the previous year. The Mumbai-based company’s consolidated revenue from operations rose 42 per cent to Rs 4,203 crore in Q4FY24, as compared to Rs 2,957 crore in Q4FY23. "The directors have recommended dividend of Rs 5.50 per share on face value of Re 1 per share (5...
Voltas Q4 net profit dips 19 per cent, declares dividend of Rs 5.50 per share
Voltas Q4 net profit dips 19 per cent, declares dividend of Rs 5.50 per share
Source: IANS
2024-05-08 10:53:07 am
Marico jumps on reporting 5% rise in Q4 consolidated net profit Marico is currently trading at Rs. 568.55, up by 37.50 points or 7.06% from its previous closing of Rs. 531.05 on the BSE. The scrip opened at Rs. 559.35 and has touched a high and low of Rs. 582.75 and Rs. 559.35 respectively. So far 668626 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 595.00 on 03-Oct-2023 and a 52 week low of Rs. 486.75 on 19-Mar-2024. Last one week high and low of the scrip stood at Rs. 58...
Marico jumps on reporting 5% rise in Q4 consolidated net profit
Marico jumps on reporting 5% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-07 10:40:47 am
Avenue Supermarts rises on opening new store in Gujarat Avenue Supermarts is currently trading at Rs. 4645.50, up by 35.15 points or 0.76% from its previous closing of Rs. 4610.35 on the BSE. The scrip opened at Rs. 4650.00 and has touched a high and low of Rs. 4734.65 and Rs. 4625.00 respectively. So far 6590 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4888.00 on 23-Apr-2024 and a 52 week low of Rs. 3353.05 on 18-May-2023. Last one week high and low of the scri...
Avenue Supermarts rises on opening new store in Gujarat
Avenue Supermarts rises on opening new store in Gujarat
Source: Accord Fintech
2024-05-06 10:09:00 am
Buy Nestle India Ltd For Target Rs.2,400- Motilal Oswal Financial Services Ltd The baby food sugar controversy – A concern for Nestle * Nestle’s baby food products, particularly Cerelac and Nido, have been found to contain elevated levels of added sugar and honey, especially in low- and middle-income countries, as outlined in a report by a Swiss investigative organization, Public Eye. This practice deviates from international health guidelines, especially those established by the World Health Organization (WHO) to curb obesity and related health issues (N...
Buy Nestle India Ltd For Target Rs.2,400- Motilal Oswal Financial Services Ltd
Buy Nestle India Ltd For Target Rs.2,400- Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-04-19 12:52:39 pm
Sonalis Consumer Products touches roof on receiving work order worth Rs 35.10 crore Sonalis Consumer Products is locked its upper circuit limit at Rs. 42.87, up by 2.04 points or 5.00% from its previous closing of Rs. 40.83 on the BSE. The scrip opened at Rs. 42.87 and has touched a high and low of Rs. 42.87 and Rs. 42.87 respectively. So far 20000 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.30 on 13-Jul-2023 and a 52 week low of Rs. 29.62 on 12-Mar-2024. Last one week high and low of ...
Sonalis Consumer Products touches roof on receiving work order worth Rs 35.10 crore
Sonalis Consumer Products touches roof on receiving work order worth Rs 35.10 crore
Source: Accord Fintech
2024-04-18 01:56:30 pm
Avenue Supermarts gains on opening new store in Karnataka Avenue Supermarts is currently trading at Rs. 4798.20, up by 84.65 points or 1.80% from its previous closing of Rs. 4713.55 on the BSE. The scrip opened at Rs. 4741.35 and has touched a high and low of Rs. 4831.00 and Rs. 4727.20 respectively. So far 7687 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4,831.00 on 10-Apr-2024 and a 52 week low of Rs. 3353.05 on 18-May-2023. Last one week high and low of the scr...
Avenue Supermarts gains on opening new store in Karnataka
Avenue Supermarts gains on opening new store in Karnataka
Source: Accord Fintech
2024-04-10 11:39:04 am
Electronics Mart India soars on starting commercial operations of store in Telangana Electronics Mart India is currently trading at Rs. 196.10, up by 4.10 points or 2.14% from its previous closing of Rs. 192.00 on the BSE. The scrip opened at Rs. 191.05 and has touched a high and low of Rs. 201.70 and Rs. 191.05 respectively. So far 83109 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.50 on 15-Jan-2024 and a 52 week low of Rs. 61.70 on 28-Mar-2023. Last one week high and low of the scrip s...
Electronics Mart India soars on starting commercial operations of store in Telangana
Electronics Mart India soars on starting commercial operations of store in Telangana
Source: Accord Fintech
2024-03-27 03:37:38 pm
Buy Whirlpool of India Ltd For Target Rs.1,677 - Yes Securities Ltd Market share and margins set to improve; upgrade to BUY Result Synopsis Whirlpool’s consolidated revenue came inline with the estimates. Revenue grew 17.9% yoy. Double digit revenue growth was driven by executional excellence, cost productivity and shifting of festive season with more festive days falling in Q3 vs Q2 in previous year. Volume across the category grew for WHIRL with them grew faster than the market resulting in market share gains. The company has rationalized the pr...
Buy Whirlpool of India Ltd For Target Rs.1,677 - Yes Securities Ltd
Buy Whirlpool of India Ltd For Target Rs.1,677 - Yes Securities Ltd
Source: Yes Securities Ltd
2024-03-11 12:04:43 pm
V-Guard Industries soars after its arm starts commercial production of Kitchen Appliances V-Guard Industries is currently trading at Rs. 343.90, up by 1.55 points or 0.45% from its previous closing of Rs. 342.35 on the BSE. The scrip opened at Rs. 345.85 and has touched a high and low of Rs. 345.85 and Rs. 332.05 respectively. So far 27538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 350.00 on 04-Mar-2024 and a 52 week low of Rs. 238.15 on 28-Mar-2023. Last one week high and low of the scrip stood...
V-Guard Industries soars after its arm starts commercial production of Kitchen Appliances
V-Guard Industries soars after its arm starts commercial production of Kitchen Appliances
Source: Accord Fintech
2024-03-06 03:40:31 pm
Buy R R Kabel Ltd For Target Rs. 1,790 - JM Financial * Healthy outlook for domestic W&C industry: The domestic wires and cables (W&C) industry is poised to grow at a healthy pace (typically 2x of real GDP growth rate) given a) rapid development of infrastructure such as metros, highways, railways by the government, b) policies like revamping power distribution from overhead to underground cables and affordable housing schemes, and c) robust real estate demand, driving growth for the industry. Further, with continuous product improvem...
Buy R R Kabel Ltd For Target Rs. 1,790 - JM Financial
Buy R R Kabel Ltd For Target Rs. 1,790 - JM Financial
Source: JM Financial Institutional Securities
2024-03-05 11:38:37 am
Blue Star rises on unveiling new comprehensive range of room ACs Blue Star is currently trading at Rs. 1320.40, up by 4.30 points or 0.33% from its previous closing of Rs. 1316.10 on the BSE. The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1323.35 and Rs. 1297.80 respectively. So far 94458 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1338.95 on 02-Mar-2024 and a 52 week low of Rs. 672.50 on 03-Apr-2023. Last one week high and low of the scrip stood at...
Blue Star rises on unveiling new comprehensive range of room ACs
Blue Star rises on unveiling new comprehensive range of room ACs
Source: Accord Fintech
2024-03-04 03:51:16 pm
Dixon Technologies rises on launching new factory in Dehradun Dixon Technologies (India) is currently trading at Rs. 6937.10, up by 71.10 points or 1.04% from its previous closing of Rs. 6866.00 on the BSE. The scrip opened at Rs. 6900.00 and has touched a high and low of Rs. 7045.25 and Rs. 6889.00 respectively. So far 8953 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7045.25 on 26-Feb-2024 and a 52 week low of Rs. 2686.95 on 24-Feb-2023. Last one week high and low of ...
Dixon Technologies rises on launching new factory in Dehradun
Dixon Technologies rises on launching new factory in Dehradun
Source: Accord Fintech
2024-02-26 11:15:36 am
Indians spending less on food, more on discretionary items -government survey Indians are spending less on food, particularly staples like rice and wheat, and more on discretionary items such as processed food, as well as durables like televisions and fridges, government consumption data showed. The Household Consumption Expenditure Survey, released late on Saturday, estimates average rural consumer spending rose to 3,773 rupees ($45.54) a month per person for the 12 months through July from 1,430 rupees in the previous survey in 2011-2012, while urban spending rose...
Indians spending less on food, more on discretionary items -government survey
Indians spending less on food, more on discretionary items -government survey
Source: Reuters
2024-02-25 10:21:46 am
Premium segment up but demand for mass products remains subdued Electrical Consumer Durable (ECD) companies’ revenue grew by 9% YoY (+12% 4-year CAGR) in 3QFY24, largely led by B2B segment (particularly cables, switchgears, professional lighting) while demand for most B2C segments remained muted as festive cheer was short-lived and significant weakness post November across most categories, JM Financial Institutional Securities said in a report. Within B2C, premium segment has fared well while entry/economy segments, particularly rural pockets, co...
Premium segment up but demand for mass products remains subdued
Premium segment up but demand for mass products remains subdued
Source: IANS
2024-02-20 04:01:13 pm
Exclusive-Whirlpool set to sell 24% stake in Indian unit for up to $451 million Appliance maker Whirlpool is selling a 24% stake in its Indian unit this week for up to $451 million via block deals, according to a term sheet seen by Reuters, amid record share offerings on the country's stock market. Whirlpool plans to sell the stake at a price of 1230 rupees per share, a 7.6% discount to Monday's closing price. It aims to complete the deal by Wednesday. Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not imme...
Exclusive-Whirlpool set to sell 24% stake in Indian unit for up to $451 million
Exclusive-Whirlpool set to sell 24% stake in Indian unit for up to $451 million
Source: Reuters
2024-02-20 09:16:05 am