VISHWAS AGRI SEEDS LTD Q3 RESULTS
Will finally all the hard work yield results in Modi 3.0? 7 fertilizer stocks with 4 having ‘buy’ reco and upside upside potential of up to 22%
Few months back when it was announced that the fertilizer subsidy bill was seen as lower than expected, the street reacted negatively. The assumption is that if the fertilizer subsidy is going to come down then it is bad for the sector. Now there is another way to look at it, a government which has been ensuring that agriculture gets the right amount of attention and doing the various policy pushes, then why is the overall projected subsidy bill down? Probably, it may be because the government is expecting that policy actions which it has taken over the years will yield results and some of the other non-financial efforts which it will take in the sector will help reduce the bill without having an adverse effect on any stakeholders. Now unlike other sectors like railways where putting more money or making few policy changes has helped the sector, fertilizer is a more complex sector and is bound to take more time for getting the house in order. But then who says that transition for good is painless.
Best Seeder Machines for Agriculture in India for Improved Seeding Process (2024)
Are you looking for ways to stop seeding manually? If so, then continue reading this article to learn about the best seeder machines for agriculture in India. These machines will help you eliminate manual seeding enhancing speed while eliminating excessive fatigue resulting in enhanced productivity. Check out the options, find the one that suits you and place your order using the buying link shared in the article below.
ITC Q4 Results: Net profit drops marginally to Rs 5,020 crore
Revenue from operations went up by 1.4% at Rs 17,752.87 crore in the period under review. The company said excluding the agri-business (which was severely impacted due to government restrictions in trade of agri-commodities), the company’s gross revenue during the fourth quarter has gone up by 6% y-o-y.
ITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates
ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.50/share for the financial year ended March.
Consumption demand remained subdued in Q4, rural India recovered after several quarters: ITC
FMCG major ITC notes subdued Q4 consumption but rural demand recovery. Q4 profit below estimates at Rs 5,190 crore; revenue up 2% to Rs 19,446.5 crore. Cigarette revenue rises 7.7%, FMCG (excluding cigarettes) up 7.2%, impacted by low priced Chinese supplies and trade restrictions on agri commodities affecting agri business segment.
Q4 results today: ITC, IndiGo among 181 companies to announce earnings on Thursday
181 companies, including IndiGo and ITC, will announce their quarterly earnings for Jan-Mar 2024. IndiGo is expected to post healthy earnings, while ITC may see muted revenue growth.
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ITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract
Brokerage firms expect that ITC will announce subdued revenue growth for the fourth quarter when it declares its results on May 23. Based on projections from different brokerages, it's anticipated that profits will see a modest 3% year-on-year increase, with the hotels segment expected to perform strongly. In the previous December quarter, ITC recorded a 6% rise in consolidated net profit, amounting to Rs 5,335 crore.
10 Best Jamun Powder for Diabetes in India
Jamun powder, derived from the dried seeds of the Indian black plum, is a natural remedy often recommended for managing diabetes. Packed with antioxidants and flavonoids, it helps regulate blood sugar levels by improving insulin sensitivity and reducing glucose absorption in the intestine. So, if you want to control your diabetes level, you must consider these best jamun powders.
Best Pumpkin Seeds in India: Improve and Regulate Sleep
Are you looking for the best pumpkin seeds in India? If so, then continue reading this article where we have created a list of the best brands that offer pumpkin seed and other nutritional snacking options to their consumers. Check these out, find the one that suits you best and place your order using the buying link shared below.
TCS Q4 net profit up 9%; two partners leave Lightspeed
Revenue from operations saw a marginal 3.5% year-on-year increase to Rs 61,327 crore. In constant currency terms, TCS clocked a revenue growth of 2.2% in the March quarter. The growth was led by the India business (up 38%), followed by the UK (6.2%).
Get them right and have patience; 5 smallcap stocks, 3 with upside potential of up to 20%
When it comes to small cap stock there is an interesting equation between desire and challenge. Desire keeps moving up and down but the challenge of finding the right stocks is always present. Let's just look at what happened in the last three months. In January, 2024, the desire to own them was extremely high, then came March 2024 and we saw them getting beaten like anything. Come April, as the nifty recovers, some of these small caps are making a comeback. If the market stays under the control of bulls, it is very likely that once again the small cap stocks will see higher volume and activity. So, if one is thinking of buying the small caps. just ensure a couple of things, that when the market corrects, which it will keep doing at periodic levels, your portfolio suffers relatively less. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space which also meets some parameters like net margins and return on equity.
10 Best Flower Seeds in India for Crafting a Vibrant and Fragrant Floral Paradise
Discover the essence of floral beauty with our selection of the best flower seeds. From vibrant zinnias to elegant morning glories, this selection offers a diverse array of blooms to suit every garden. Cultivate your own oasis of colour and fragrance with high-quality seeds meticulously selected for optimal germination and growth. Whether you are a seasoned gardener or just beginning your journey, these flower seeds promise to add a touch of enchantment to any outdoor space.
IPO Calendar: Bharti Hexacom's Rs 4200 cr IPO, 10 listings to kick-off primary market activity in FY25
Kicking off the IPO market in FY25 is the mega Bharti Hexacom public offer, the sole issue next week, which plans to raise around Rs 4,275 crore. The issue opens for subscription on April 3 and closes on April 5.
Vishwas Agri Seeds IPO allotment expected today: Check status, listing date, GMP and other details
Vishwas Agri Seeds Solutions SME IPO allotment finalizes on Wednesday. Investors can check IPO status on Bigshare Services.
Vishwas Agri Seeds IPO subscribed 34% so far on Day 1; Chatha Foods' issue booked 4x on final day
Vishwas Agri Seeds IPO was oversubscribed 34 times, on the first day of opening. Chatha Foods' IPO, which is closing today, has garnered over 4 times bids.
Vishwas Agri Seeds IPO: Check issue size, price band, GMP and other details
Vishwas Agri Seeds SME IPO opens today, targeting Rs 26 crore. It processes quality seeds under 'Vishwas' and is listing on NSE SME platform.
India needs to usher in Green Revolution 2.0 to promote less water-intensive crops: GTRI
India needs Green Revolution 2.0 to promote less water-intensive crops, introduce water pricing mechanisms, and address unsustainable practices. Guaranteeing MSP for pulses and oil seeds, promoting eco-friendly farming, and negotiating with WTO are crucial steps.
Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%
Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, we have learnt. Manju Agarwal, former deputy managing director at State Bank of India, has also quit.
SBI Q3 results: PAT down 35% at Rs 9,164 crore on one time exceptional item
The bank earned Rs 105,733.78 crore in interest income in the reported quarter which was up 22% from Rs 86,616.04 crore reported by SBI in the year ago period.
ITC shares fall 1.5% on operationally weak Q3 earnings. Should you buy stock?
ITC Share Price: ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarter ended December. The same stood at Rs 5,006 crore in the year-ago period. The profit beat the ET Now Poll expectation of Rs 5,072 crore.
ITC Q3 Results: Net profit rises 11% YoY to Rs 5,572 crore
ITC Ltd on Monday reported 10.8% year-on-year growth in net profit at Rs 5,572 crore for the third quarter ending December ’23, while gross revenue went up by 2.1% to Rs 17,483 crore. Both revenue and profit exceeded street estimates.
ITC Q3 Results: Profit rises 6% YoY to Rs 5,335 crore; dividend declared at Rs 6.25/share
ITC Q3 Results: Revenue from operations in the said quarter increased 2% year-on-year (YoY) to Rs 19,484 crore.
ITC Q3 results today: What to expect from the flour-to-cigarette maker?
ITC Ltd is set to release its earnings for the December quarter today. Investors will be focusing on the performance of the cigarette business, FMCG vertical, and hotels segment. Steady volume growth in cigarettes and non-cigarette FMCG, along with strong traction in hotels, is expected to support the conglomerate's quarterly performance. However, the agri and paper and paperboards businesses are likely to have been sluggish, potentially impacting overall revenue growth.
Q3 results today: ITC, Bajaj Finance among 88 companies to announce earnings on Monday
ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a steady volume growth in both cigarettes and non-cigarette FMCG business, as well as strong traction in the hotel segment. However, the agri and paper and paperboards businesses may have been sluggish, restraining overall revenue growth. Analysts estimate a nearly 5% YoY growth in revenue to Rs 17,016 crore, a 2.5% YoY increase in EBITDA to Rs 6,378 crore, and a 2% growth in profit to Rs 5,137 crore.
ITC Q3 Results Preview: PAT may rise 2% YoY; cigarette sales volume seen steady
FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The company's EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore
Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
Kotak Bank Q3 result preview: PAT may grow 15% YoY on strong interest income, lower credit costs
Kotak Bank Q3 result preview: The private sector lender’s net profit for the quarter is seen rising 15.3% year-on-year (YoY) to Rs 3,219 crore, and net interest income is likely to grow by nearly 14% YoY to Rs 6,416 crore, the average of estimates given by 12 brokerage firms showed.
HDFC Bank Q3 Results today: What should you expect, how to trade the stock?
HDFC Bank Q3 Results: HDFC Bank will release its earnings for the December quarter today, which will be the second earnings release after the merger with parent company Housing Development Finance Corporation. Analysts will focus on the sequential growth in numbers to assess the bank's performance post-integration.
DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth
Earnings before interest, taxes, depreciation and amortization or EBITDA during the quarter grew by 16% YoY to Rs 1,119.89 crore. However, operating margin dipped marginally to 8.25% from 8.34% a year ago.
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