PADAM COTTON YARNS LTD Q4 RESULTS
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Grasim Industries Q1 Results: Profit slides by a fourth to Rs 1,189 crore on investment in paints ops
The flagship company of the Aditya Birla launched its paints operations ‘Birla Opus’ towards the end of the March quarter, and April-June was its first quarter of full operations. The company has spent Rs 7,795 crore on its paints business as of June-end, approximately four-fifth of the total planned expenditure for these operations.
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Indian cotton spinning industry expected to recover in FY25: ICRA Report
ICRA predicts the domestic cotton spinning industry will recover in FY2025, with 6-8% growth driven by increased volume and mild realisation gains. Following two years of decline, improved domestic demand and stabilised exports will boost the industry. Cotton yarn prices are expected to rise slightly, supporting better profit margins and reduced leverage levels.
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Unveil the 10 Best Formal shirts for men: Upgrade Your Style Game
Formal shirts for men instantly elevate your look, adding a touch of sophistication and professionalism to your appearance at work. Their crisp, tailored fit and refined fabric make a strong impression, projecting confidence and competence. Perfect for meetings, presentations, or daily office wear, formal shirts ensure you always look polished and put-together.
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Q4 results today: L&T, Hero MotoCorp among 47 companies to announce earnings today
Q4 results today: 47 companies will announce Q4 earnings today, including L&T and Hero MotoCorp. L&T expected to show 17% YoY revenue growth, while Hero MotoCorp may see 14% YoY increase in revenue.
![Q4 results this week: SBI, Tata Motors, L&T, Asian Paints, TVS Motor and PB Fintech](https://img.etimg.com/thumb/msid-109852640,width-100,height-75,resizemode-4/markets/stocks/news/q4-results-this-week-sbi-tata-motors-lt-asian-paints-tvs-motor-and-pb-fintech.jpg)
Q4 results this week: SBI, Tata Motors, L&T, Asian Paints, TVS Motor and PB Fintech
Various widely tracked companies like Tata Motors, SBI, Asian Paints, BPCL, Larsen & Toubro, Tata Power, Canara Bank, TVS Motor, Hero MotoCorp, Godrej Consumer Products, JSW Energy, Dr. Reddy's Laboratories, PB Fintech, and Bank of Baroda will be releasing their March quarter report cards this week. Here’s a list:
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Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.
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Spinning industry expects operating margins to improve by 150-200 basis points this fiscal after hitting decadal low
CRISIL Ratings foresees improved operating margins for the cotton yarn spinning industry, driven by factors like revenue growth, stable cotton prices, and enhanced credit profiles. The industry's financial health is expected to strengthen further.
Q4 results this week: HDFC Bank, Infosys, Wipro among 61 companies that'll announce earnings
Q4 results: Apart from the IT majors Wipro and Infosys, leading financial companies HDFC Bank and Jio Financial will also report their quarterly earnings during the week.
10 best bed linens under Rs. 500 to revamp your bedroom aesthetic
Discover the perfect combination of affordability and quality with this list of the best bed linens under 500. These budget-friendly options offer a wide range of styles, from elegant florals to animal prints, ensuring there's something to suit every taste. Crafted from soft and durable materials like cotton blends and microfiber, these bed linens provide comfort and cosiness without compromising on quality. So, read on and don't miss out on this chance to upgrade your sleep space with these stylish and affordable bed linens.
Super comfortable bedsheets under 3000 in India
Your room is your sanctuary where you detoxify your mind, body, and soul when you crash into your bed after a long day. To enjoy a sound sleep, it is important to invest in premium bedding, made from high-grade materials. If you are searching for aesthetic bedsheets under 3000 for the bedrooms of your home, do not forget to check out this list that comprises super comfy bedsheets under a budget.
10 Best Bath Towels for you and your Family
Bath towels are everyday essentials and picking one should not form the many options online should not compromise on the quality. Bath towels provide a specific kind of utility and for that we have selected the best options in India for you. Find the best bath towels in this list.
Grasim Q3 Results: Cons PAT slumps 40% YoY to Rs 1,514 crore, revenue rises 12%
Grasim's consolidated revenue increased by nearly 12% to Rs 31,965.50 crore. Sequentially, the bottomline surged over 30%, and the topline grew by nearly 6%.
Arvind Q3 Results: Firm posts lower revenue for 5th quarter on tepid denim demand
Indian retailer Arvind Ltd posted on Tuesday a revenue drop for the fifth consecutive quarter, dampened by lacklustre prices of woven products and lower demand for denim.
For moderate risk takers: 4 smallcap stocks with upside potential of up to 41%
Small caps are always the riskiest place to take espouse when it comes to equity. But it is also a space where if one is able to find the right stock at the right time, gains are much higher. So a space with the highest risk and highest reward. While risks are an integral part of the markets, one can not eliminate it but reduce it. How you do it, by putting additional criteria of quantitative and qualitative checks. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Man-made fibre industry is thriving in India, but why isn’t it ready to challenge China?
Despite being a significant player in the textiles and apparel industry, India has been unable to make a sizable mark in a subsegment — man-made fibres.
‘How will we survive’: Why a sector that contributes 2% to India’s GDP is in trouble
The textiles and apparel industry seem to be in the midst of an inventory recession. It is battling a 25-35% fall in domestic sales even as exporters offload unsold stocks in the market.
Viscose staple yarn industry revenues to grow 10-12%: CRISIL
Revenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal on continued strong demand — similar pace to last fiscal, said CRISIL Ratings. VSY is an attractive alternative to cotton yarn because of its lower prices and comparable features. It logged a compound annual growth rate of 13% over the last three fiscals, higher than 5% for cotton yarn
India's cotton exports crash to 19-year low, production and yield plummets
India’s cotton production is at a historic low. Not just cotton yield, but the country’s cotton exports are also facing unprecedented pressure amidst a highly volatile global market.
Smallcap stock skyrockets 18% after subsidiary begins production of bottle grade PET resins
Indo Rama Synthetics' shares rose by 18% to Rs 50.4 after its subsidiary firm started commercial production of "Bottle grade PET resins" at its newly-constructed Solid-State Polymerisation Plant. However, Indo Rama Synthetics' stock has declined nearly 19% on a year-to-date basis and over 30% in the last year. In Q4 FY23, the company's net profit was Rs 1.62 crore, down 98% YoY, and net sales stood at Rs 880 crore, down 30%. The stock is trading above six out of eight SMAs and below the 150-day and 200-day moving averages. The day RSI (14) is at 46.8 and MACD is strong bearish.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 52%
Bulls are in control of both, Nifty and market breadth. But this was not the situation a couple of weeks back. Some domestic and international events were looming on the head of the markets. Some stocks have seen an improvement in their analyst scores during this period. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Trident shares down 9% after Q4 profit declines 28% YoY
Trident, a textile fabric manufacturer, reported a 28.4% YoY drop in Q4FY23 net profit, at Rs 129.7 crore. Revenue from operations declined 15.9% YoY to Rs 1,573.2 crore due to lower revenue across its yarn, towel and bedsheets divisions. Trident’s paper and chemicals unit, however, grew by 22%. Its EBITDA for Q4FY23 slipped 20.5% YoY to Rs 268.4 crore. The company’s share price fell 9% to Rs 31.6 on the BSE.
Q4 results, Fed minutes among 7 factors to drive D-Street traders' strategy in a volatile market this week
Volatility is expected in the Indian stock market as investors react to RBI's decision to recall Rs 2,000 banknotes. A number of companies will release their quarterly results in the coming week which should drive individual stock prices. The US Federal Reserve will reveal the minutes of its meeting and discussions around the raising of the debt ceiling in the US will be closely watched. The week will also see the expiry of the May derivative series, which will likely create market volatility.
SRF Q4 Results: Profit falls 7% on packaging margin hit
A spike in the prices of polypropylene and polyethylene films used in packaging film pulled the segment's revenue down 17%. The business faced "strong headwinds with significant pressure on margins" after several new lines got operationalized in India and overseas, the company said.
Q4 results this week: Tata Motors, L&T, Asian Paints, Vedanta, DLF and others
The March quarter earnings for IT companies have been disappointing, while the banking and finance sector has shown strong numbers. This week several significant companies such as Tata Motors, L&T, Asian Paints, DLF, Vedanta and Avenue Supermarts are releasing their March quarter report cards. On May 11, Eicher Motors, Aditya Birla Capital and ITI are set to release their reports. Meanwhile, Larsen & Toubro, Godrej Consumer Products and Dr Reddy's Laboratories will release theirs on May 10. Avenue Supermarts is set to release its report on May 13.
Rallis India Q4 Results: Firm posts Rs 69.13 crore loss
Revenue from operations of the company witnessed a growth of 2.97 per cent during the quarter under review at Rs 522.62 crore compared to Rs 507.54 crore in the same period of the previous fiscal.
Q4 results this week: Nestle, Bajaj Finserv, Maruti, Tech Mahindra, Axis Bank and others
Widely tracked companies like IndusInd Bank, Nestle, Bajaj Finance, Maruti Suzuki, HUL, Axis Bank, Wipro, Tech Mahindra, Kotak Bank and Bajaj Finserv would be releasing their March quarter report cards this week.
Grasim Q3 Results: Net profit jumps 44% YoY to Rs 2,516 crore
Revenue from operations, meanwhile, jumped 17% YoY to Rs 28,638 crore in the December quarter against Rs 24,402 crore in the corresponding quarter of last year
Bullish on auto stocks? Here are 14 ideas from Sharekhan ahead of Q2 results.
The 3W and bus segments showed remarkable recovery led by the opening of schools, institutions and corporate offices
Cotton price hike will significantly decrease margins, put pressure on working capital for small-sized spinners
Ind-Ra says cotton prices started moving upwards post-pandemic, not only domestically but also globally on account of the US ban on the use of Xinjiang region cotton followed by a low crop yield in India.
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