PET PLASTICS LTD Q4 RESULTS
Some midcap have higher growth potential due to sectoral tailwinds: 4 midcap stocks with upside potential of up to 31%
At this point of time, while the tailwinds of liquidity are pushing all the mid-cap higher, there are some stocks where additional tailwinds of sectoral growth are also present. The sector is growing at a pace which is higher than many other sectors and the nature of the business is such that it is likely to grow at a higher rate. The reason why it is important to look at whether sectoral growth tailwinds are present or not is due to higher valuations. Premiums can only be justified if there is a reasonable probability of higher growth in future also.
Best foldable shoe racks for effortless organization
The regular wooden shoe racks are now a passé. It’s time to get your hands on the foldable shoe racks that are easy to assemble and require no additional tools. If too many options available online are leading to indecision, then do not forget to check out the list of best foldable shoe racks for your home that ensure easy organization.
Godrej Consumer shares tumble nearly 5% as Q1 standalone PAT falls 6% YoY. Brokerages remain positive
Godrej Consumer Products saw its shares drop 4.5% following a 5.8% year-on-year fall in standalone net profit for the June quarter. Despite this, revenue rose by 7.9%. Analysts have increased target prices up to Rs 1,715, and the company plans a Rs 500 crore investment in the pet care segment over five years.
Godrej Consumer Q1 Results: Cons PAT jumps 41% YoY to Rs 451 crore, revenue rises 8%
The company said that consolidated net profit without exceptional items and one-offs grew by 14% year-on-year, while EBITDA grew by 13%. The home care category grew at 8% YoY, personal care at 6% yoy, the total branded category at 7% yoy, and the unbranded and exports category at 121% yo-y. The total net sales increased by 9% y-o-y to Rs 2,140 crore.
For risk takers with medium term perspective: 4 small caps from different sectors with an upside potential of up to 30%
Indian markets are correcting in line with the global markets. How long this phase will continue is an open ended question because when will the US Fed act is something which is still not clear at this point. If one looks at the Indian market, just before this global issue came up they have been doing well, both in terms of the performance at the level of Nifty and broader market breadth which has not been that bad as it used to be in March when it was Indian specific correction. The way things are panning out even in this correction, the probability that Indian markets will be able to outperform global peers seems to be high at this point of time. So, in a way these corrections are opportunities for a medium to long term perspective but only if you buy stocks where they meet certain parameters, especially in small cap segments where risk and reward are of different nature.
Varun Beverages Q2 Results: PAT jumps 26% YoY to Rs 1,262 crore, revenue up 28%
In Q2 CY2024, Varun Beverages reported a 32% increase in EBITDA to Rs 1,991 crore. Consolidated sales volume rose by 28.1% to 40.16 crore cases, up from 31.35 crore cases a year earlier, including 2.8 crore cases from BevCo. Approximately 46% of sales volumes were from low-sugar or no-sugar products.
- Go To Page 1
This smallcap multibagger stock rallies 16% on stellar Q1 earnings
PG Electroplast's shares surged 16% to a record high after a stellar Q1 performance. Consolidated net profit rose 151.2% to ₹84.93 crore, with operating revenues up 94.9% YoY. The company's capital efficiency and expanding infrastructure support strong future growth prospects.
Cement companies likely to post muted performance in Q1 amid sluggish demand
Cement makers have not been able to raise prices in any of the months since November 2023. It has prompted them to focus on volume growth, which is likely to increase the competitive intensity.
Need to have one, strong brand or big market size: 4 midcap stocks with right levels of RoE and upside potential of up to 21%
In all market conditions investing in mid-cap stocks is always a challenge for any investor. This challenge gets much bigger when the valuations are extremely high but at the same time the market is in a strong bullish trend. A choice has to be made between taking risk or losing the opportunity of making returns in a short period of time. In such times, it would be better that investors should be cautious in selecting the stocks, better to go with buying in smaller quantities and keep some cash allocated for the stocks, but only to be used on the day when there is absolutely chaos on the street. Why this strategy is likely to work, because it will take care of volatility which is bound to happen when valuations are not on the side of bulls. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
Kia unveils its 4th electric car, the EV3. Expected in India next year
Kia has unveiled the EV3, a new compact electric SUV with two battery options and advanced features. It will first launch in the international market before potentially entering India in 2025.
Best Power Tillers in India: Powerful Performance for Your Fields
Discovering India's Top Power Tiller: Unearthing the Perfect Blend of Efficiency and Durability. In a saturated market, finding the ideal power tiller can be daunting. This comprehensive guide sifts through the options, highlighting performance, affordability, and reliability. From robust engines to user-friendly features, uncover the ultimate choice for your agricultural needs.
Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%
Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore
Do Dr Lal Pathlabs' results indicate a turnaround for the sector? 4 stocks from diagnostic space, 3 with upside potential of up to 31%
Some sectors have a company which can be called as the bell weather of that sector and that is why its results of that company probably are indicative of what is happening in the sector. In case of the diagnostic, it is probably the Dr Lals path labs which would fit the criteria, it has national presence, large network, present in both physical and digital segment. So when the quarterly numbers come and they show improvement on many fronts then probably it is time to have a look at them more seriously and see if there is a possible turnaround building in the sector. This became even more important because these stocks had gained extremely high valuation and also popularity in terms of both retail and institutional participation. But then for close to two years, they have been a strong under performer in a strong bull market. Does this result mean that finally in terms of price war for customer acquisition over and now the valuation readjustment will start in the upward direction.
New plastic waste management rules to benefit ITC, hit Nestle and Britannia: Kotak Equities
Regulations governing recycling and reuse of plastic packaging may hurt consumer plays such as Britannia Industries, Colgate Palmolive India and Nestle India while benefiting ITC, Ganesha Ecosphere, EPL, and Uflex, according to Kotak Institutional equities.
Cement companies likely to report volume driven double-digit profit growth for Q4 aided by lower input costs
Intense competition due to incremental capacity addition and lower than expected demand have been a few key challenges that have restricted the ability of cement firms to raise prices meaningfully. In FY24, average cement price fell by around 1% to Rs359 per 50 kg bag.
Stocks to buy: 5 companies poised for growth in March quarter: Up to 17.2% upside potential
Given the potential for increased volatility in the upcoming months, investing in companies anticipated to deliver strong performance could be a prudent strategy. These firms are expected to deliver a strong performance and offer a cushion against rising volatility. The following are five such companies offering a double-digit price potential.
Top 4-Layer Shoe Racks for tidy shoe organization and maximize storage
Efficient shoe storage is essential for maintaining a tidy and organized home. 4-layer shoe racks provide ample space to store multiple pairs of shoes while keeping them easily accessible. Explore some of the best 4-layer shoe racks available, highlighting their features and benefits to help you choose the perfect option for your needs.
10 Best Rangoli Stencils Online that will enhance your festive decor effortlessly
Delve into the world of rangoli artistry with this comprehensive guide to the best rangoli stencils available online. Rangoli, a traditional Indian art form, adds vibrancy and elegance to festive celebrations, welcoming prosperity and joy into homes. In this article, we explore a curated selection of rangoli stencils, ranging from traditional to contemporary designs, to suit every taste and occasion. From intricate patterns to user-friendly features, we highlight the key features of each stencil so that you can find the perfect stencil for your artistic endeavours.
9 best-selling Brooms suitable for Indian homes under Rs.400
Keeping your Indian home clean doesn't have to be expensive. Explore our selection of the best-selling brooms, all priced under Rs. 400, designed to meet the specific needs of Indian households. Whether you prefer traditional styles or modern innovations, these affordable options guarantee effective cleaning without compromising on quality.
The reality of recycling is appalling. But we can fix it.
Recycling has been called a "myth" and "beyond fixing" as we've learned that recyclables are being shipped overseas and dumped (true), are leaching toxic chemicals and microplastics (true) and are being used by Big Oil to mislead consumers about the problems with plastics.
Varun Beverages Q3 Results: Cons PAT rises 32% YoY on strong sales, EBITDA growth
Consolidated revenue, net of excise duty, grew by nearly 22% YoY to Rs 3,871 crore, led by a healthy growth in volumes and realisations. Despite the strong earnings growth, the stock wiped the gains and fell 0.7% to Rs 946.10 due to profit-booking.
A Rs 3.5-lakh-crore industry at crossroads: What is the future of plastic in an increasingly climate conscious world?
As the world is looking actively to address the challenges of climate change and pollution, the plastic industry has found itself in quite a predicament as a necessary evil.
Dry Shampoo for Dogs - Give your dog the best cleaning experience
Dry shampoo for dogs is a product that is used to keep your dog's fur clean and fresh in between baths. It's a quick and easy technique to bathe your dog without physically wetting him. Dry shampoo is typically offered in foam, spray, or powder form and is intended to be applied directly to your dog's fur. The product aids in the removal of dirt, filth, dander, and odors, but it does not provide the same level of cleansing as a full bath. So, if you want to get rid of tedious bathing sessions with your dog, scroll down and get your favorite dry shampoo now!
For risk takers: 5 smallcap stocks that have beaten volatile markets can rise up to 52%
As Nifty comes closer to form a new high, more small cap stocks are joining the party. Right from a power and a diagnostic major to an engineering company are coming on the list. 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.
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.
Welspun Corp Q4 Results: Net profit falls 9% YoY to Rs 240 crore
Welspun Corp posted a net profit of INR 240.08 crore for Q4 2021-22, down 8.9% YoY. Total income rose to INR 4,132.38 crore from INR 2,413.48 crore in the same quarter of the previous year, while expenses rose to INR 3,835.55 crore from INR 2,033.16 crore. Chairman of Welspun Group, B.K. Goenka, said the company's operational progress in new businesses will result in significant value creation for stakeholders in addition to growth in the existing portfolio. Welspun Corp is one of the world's largest manufacturers of large-diameter pipes, present in 50 countries.
Q4 results impact: Tube Investment, Astral, Suryoday SFB rally up to 8%
Tube Investment of India, Astral, and Suryoday Small Finance Bank saw shares rise up to 8% after reporting strong Q4 results. Tube Investment's standalone net profit rose 84% YoY to INR251 crore ($33.6m), while Astral reported a 45.5% YoY increase in net profit to INR205.7 crore for the same period. Suryoday Small Finance Bank reported a net profit of INR39 crore against a loss of INR48 crore YoY, due to renewed business momentum and improved asset quality.
UltraTech Cement Q4 Results: Profit jumps 48% YoY to Rs 2,620 cr; firm declares Rs 38 dividend
UltraTech Cement said its revenue from operations came in at Rs 15,767.28 crore, jumping 9.45 per cent from Rs 14,405.61 crore in the year-ago quarter.
Load More
