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Q4 Results: Six stocks seeing the strongest reaction to their quarterly earnings
Shares of Garden Reach Shipbuilders Ltd., Bandhan Bank Ltd., Emmvee Photovoltaic Ltd., Star Health Insurance Ltd., CEAT and Canara HSBC Life Insurance Ltd. are six stocks that are seeing the strongest reaction to their fourth quarter results on Wednesday, April 29. The results were reported after market hours on Tuesday. Here's a look at these numbers:
Stocks to Watch for April 29: CEAT, REC, Bandhan Bank, Star Health, BHEL & more
Bandhan Bank, REC, CEAT, Star Health and others post mixed Q4 results, with strong profits for some and pressure on margins and growth for others. Here are few stocks to keep an eye on ahead of Wednesday's trading session.
Q4 Results Highlights: CEAT profit jumps 144%; Go Digit General Insurance profit up 29%
Q4 Results LIVE Updates: It is an important day today with regards to results, as India's largest passenger car manufacturer, Maruti Suzuki India Ltd., and food delivery-to-quick commerce operator Eternal, will be reporting results today. Besides these, there are plenty of broader market names, such as Bandhan Bank, Sapphire Foods, Castrol India, CEAT, Star Health, Piramal Pharma, REC, Motherson Sumi Wiring, Sanofi India, Sanofi Consumer Health, Leela Palace Hotels and many others will be reporting their results today. Watch this space for all the LIVE updates.
Star Health posts strong Q4; net zooms to ₹111 cr as insurer cuts underwriting losses
Star Health and Allied Insurance Company posts strong Q4 rebound, net profit jumps, underwriting losses narrow, signalling improving profitability and growth. Shares of Star Health and Allied Insurance Company ended marginally higher on Tuesday, April 28, by 0.15% at 516.35 on the NSE.
Denim, not discounts: Why Ace Turtle is moving up the value chain
Ace Turtle is shifting away from the value denim segment to focus on premium brands such as Lee and G-Star. It expects 25% revenue growth this fiscal, driven by expansion in tier-II and -III cities, while investing in AI to improve operational efficiency.
Infosys names Grand Slam Champion Carlos Alcaraz as global brand ambassador
Infosys signs multi year deal with tennis star Carlos Alcaraz as global brand ambassador, to co develop AI match analytics, performance app and social impact tech projects.
KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 crore
Baby Memorial Hospital will acquire around 60% stake in the Hyderabad hospital chain's parent company, Unimed Healthcare.
South cinema shift: Content-driven films outperform big stars
Small-budget southern films are outperforming big-star movies. These productions, made for under ₹10 crore, are delivering impressive returns, often five to ten times their investment. Script and content now drive audiences, especially the youth and families. This trend signifies a major shift in the southern film industry towards efficient, content-focused storytelling.
Mounjaro sales dip amid price war as semaglutide generics gain ground
Mounjaro, the star pharmaceutical from Eli Lilly, is experiencing a downturn in sales across India. This slump can be attributed to competitor Novo Nordisk slashing prices on their famed Ozempic and Wegovy, not to mention the influx of cost-effective semaglutide generics. Despite this, Lilly remains optimistic about the distinct advantages Mounjaro brings to its users.
Pick LG Electronics and KEI over Blue Star, advises this analyst
PL Capital prefers diversified players over companies that specialise in air conditioners alone.
Blue Star braces for a slow summer start
The room air-conditioner industry anticipates a challenging summer. Rising costs from global events and delayed heat are impacting sales. Despite these hurdles, a double-digit growth is projected. Consumers might consider budget-friendly options. Demand is expected to pick up as summer progresses, with projections of above-normal temperatures in many areas.
AC players feel the heat as unseasonal rain pours cold water on summer demand
Shares of Blue Star have declined in five out of the last six trading sessions, during which the stock has corrected by 12%. Shares of Voltas too have dropped in five out of the last six sessions, and have corrected 11% during this period.