NOEL AGRITECH LTD Q1 RESULTS
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MPC should pay more heed to core inflation, says Ashima Goyal
Ashima Goyal, a member of the Monetary Policy Committee (MPC), emphasized the need to focus more on core inflation due to its significant impact on household inflation expectations. Goyal's term on the MPC will end in early October. Additionally, she suggested that the MPC should expand its role to include providing guidance on liquidity conditions in the banking system.
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Q1 results today: LIC, RVNL, GRSE, MRF among 225 companies to announce earnings on Thursday
The initial quarter earnings season began with 225 companies, including LIC, Eicher Motors, RVNL, and SAIL, reporting their financial performance. Eicher Motors was expected to achieve a significant profit range, while LIC was projected to see a notable increase in its annual premium equivalent and value of new business on a yearly basis.
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Multibagger smallcap stock announces Rs 100 crore buyback, shares up 5%
Dhanuka Agritech revealed a Rs 100 crore share buyback at Rs 2,000 per share, prompting a 5% rise in share price to Rs 1,828.30. The buyback covers 1.10% of equity shares, with an August 16 record date. Additionally, the company reported a 49% YoY increase in PAT for Q1FY25.
![Strong first indications that the worst is behind them? 5 agro-chemical stocks with upside potential of up to 29%](https://img.etimg.com/thumb/msid-112134966,width-100,height-75,resizemode-4/markets/stocks/news/strong-first-indications-that-the-worst-is-behind-them-5-agro-chemical-stocks-with-upside-potential-of-up-to-29.jpg)
Strong first indications that the worst is behind them? 5 agro-chemical stocks with upside potential of up to 29%
Some sectors have a company which though may not be called as bellwether but it is good enough to give an indication of what it might be in that sector and that is why its results of that company probably are indicative of what is happening in the sector. Sumitomo chemicals announced its Q1 results and what is interesting is that it gave the following statement in its investor’s presentation. “The favorable market sentiments and stable input costs has been the primary growth driver for our business in Q1FY25. The company has demonstrated strong recovery in the domestic market, leading to our optimism for FY25, considering FY23-24 challenges are largely behind us especially in the domestic market. The price volatility observed last year has stabilized to a great extent. Also, the sentiment among our channel partners and farmers is turning positive. Our outlook remains cautiously optimistic, contingent on rainfall patterns in the coming months of August and September.” Now this is good enough reason to bring them on the watch list and look out for further confirmation from other companies to see if their bad times are over.
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Paytm's government nod; FM on angel tax
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Sensex shrugs off tax hike shocker, ends marginally lower; but market value takes hits by nearly Rs 2 lakh crore
Leading the Sensex pack, Titan and ITC saw significant gains, rising 6.6% and 5.5%, respectively. Adani Ports, NTPC, Infosys, and HCL Tech also closed higher. However, L&T, Bajaj Finance, SBI, Axis Bank, HDFC Bank, and Asian Paints faced declines. The market capitalisation of all listed companies on BSE declined by Rs 1.89 lakh crore to Rs 446.43 lakh crore.
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Trent Q4 Results: Net profit surges five times to Rs 654 crore on exceptional income of Rs 543 crore
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Nova Agritech GMP: What to expect from listing on Wednesday
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India mulls rules for live commerce; TCS Q3 net profit grows 11% YoY; Zerodha profit nearly doubles in FY22
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TCS net profit up 4% from Q2, misses estimates; India’s iPhone exports double to over $2.5B
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Dhanuka Agritech Q1 profit inches up to Rs 49cr; revenue rises 10pc to Rs 410cr
Now, the rainfall has covered most of India in July except for the eastern region, therefore, we expect that rest of the year should be good for the company, he added.Dhanuka Agritech said it will continue to focus on introducing new products in the market to cater to the growing needs of farmers.
Corporate Radar: DLF, Ultratech Cement to turn ex-dividend; Adani Green Q1 results; AGMs, and more
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Trent Q3 Results: Net profit zooms 79% to Rs 199 cr
Its revenue from standalone operations grew at a higher 85 per cent to Rs 1,441 crore, from Rs 779 crore a year ago.
Trent zooms 9% as performance improves rapidly in Q2
According to Chairman Noel Tata, the company saw a rapid recovery in customer offtake beginning from the middle of June as businesses resumed in many markets, a report by PTI said.
Dhanuka Agritech Q2 results: Net profit down 10% to Rs 63 cr
Total income also fell to Rs 445.75 crore during the second quarter of this fiscal year from Rs 450.61 crore in the corresponding period of the previous year, according to a regulatory filing.
Trent Q4 results: Reports net profit of Rs 17 cr; revenue at Rs 906 cr
Its revenue from operations was at Rs 905.54 crore during the quarter under review. It was Rs 842.93 crore in the corresponding period of last fiscal.
Dhanuka Agritech Q4 results: PAT up 45.80% at Rs 39 crore
The firm's PAT stood at Rs 26.75 crore during the last quarter of 2018-19.
What changed your market while you were sleeping
At 6.46 am, Nifty50 futures on the Singapore Stock Exchange were trading 13 points higher at 9,447.
Dhanuka Agritech Q1 up 18 per cent at Rs 20.45 crore
Agrochemicals firm Dhanuka Agritech today posted 18 per cent increase in net profit at Rs 20.45 crore for the first quarter ended on June 30 on account of higher income.
Dhanuka Agritech Q1 net up 17.87% to Rs 20.45 crore
Dhanuka has maintained its growth by registering turnover of Rs 172.91 crore for the quarter ended June 30.
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