Admin May 15, 2024
Colgate-Palmolive India: The company reported a net profit of Rs 380 crore, revenue of Rs 1,490 crore and margin of 35.7 percent for the January-March period.
The stock markets concluded Tuesday’s session with gains after the CPI inflation data showed a decline in inflation.
The NSE Nifty 50 concluded trading with a 0.51 per cent gain at 22,217.85, while the BSE Sensex closed 0.45 per cent higher at 73,104.61.
Stocks to be in focus today, according to Experts and Zee Business
- Q4 Results: LIC Housing Finance, RVNL, Mankind, Titagarh, Dixon, IEX among companies are scheduled to report results on May 15.
- Canara Bank, Coforge, IRB Infra stocks: Coforge, Hindustan Zinc, IRB Infra and Aptus Value Housing Finance shares are scheduled to trade ex-dividend, the Canara Bank stock to trade ex-split, and Viji Finance and Solara Active Pharma to trade ex-rights on Wednesday.
- Apollo Tyres Stock: The company has registered a 14 per cent year-on-year fall in net profit to Rs 354 crore with 0.2 per cent growth in revenue to Rs 6,258 crore for the fourth and final quarter of FY24.
- Shree Cement Stock: The company has reported a 21.2 per cent jump in net profit and 6.6 per cent growth in revenue for the January-March period.
- Infosys Stock: Entered into an agreement with First Abu Dhabi Bank, the UAE’s largest lender, for optimising and mdernising the bank’s IT infra services.
- Thyrocare: The company registered a better-than-expected set of financial results for the March quarter, with a 360-bp increase in its margin to 21.8 per cent.
- Patanjali Foods reported a 22 per cent fall in net profit to Rs 206 crore with 4.4 per cent growth in revenue to Rs 8,222 crore for the January-March period.
- Colgate-Palmolive India: The company reported a net profit of Rs 380 crore, revenue of Rs 1,490 crore and margin of 35.7 percent for the January-March period.
- Oberoi Realty: The company reported a 64.1 per cent jump in consolidated net profit to Rs 788 crore for the March quarter.
- EDs to run operations at PSU insurer New India Assurance till CMD appointment
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
