Anupam Rasayan
Anupam Rasayan, a specialty chemicals company based in India, experienced a 4 percent intraday increase on April 25th, as its share price reached a 52-week high of Rs 1,123.45. This follows the announcement of a Rs 380 crore order from a leading American multinational corporation.
IIFL Securities
Shares of IIFL Securities witnessed an 8% rally during morning trade as the company reported a consolidated net profit of Rs 86.39 crore in the March quarter of FY22-23, up by 9.4%. The company had recorded a net profit of Rs 78.88 crore in the same quarter of the previous fiscal year. According to an exchange filing, the consolidated revenue from operations increased by 12% to Rs 342.1 crore from Rs 305.4 crore during the same period last year.
Mankind Pharma
Mankind Pharma’s initial public offering (IPO) received bids for 1,95,507 equity shares against an IPO size of 2.8 crore shares, subscribing to 1 percent on April 25, the first day of bidding. The IPO size was reduced to 2.8 crore equity shares from over 4 crore shares after the company mobilized Rs 1,298 crore through the anchor book part of qualified institutional buyers (QIBs) on April 24.
Nelco Limited
Nelco Limited, the satellite communication service provider of the Tata Group, has recently announced robust earnings results for the March quarter of FY23, causing a surge of 9% in its share prices. The company’s net profit rose by more than 86% to Rs 5.66 crores in the same quarter of the fiscal year ended 2023, as compared to the previous year.
Nestle India
Nestle India releases Consolidated Quarterly Results for March 31, 2023. Nestle India has announced an increase in total income from Rs. 4286.34 Crores as of December 31, 2022, to Rs. 4864.22 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 628.06 Crores as of December 31, 2022, to Rs. 736.64 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 65.14 on December 31, 2022, to Rs. 76.40 on March 31, 2023, according to the company’s statement.
Meghmani Finechem
Meghmani Finechem releases Consolidated Quarterly Results for March 31, 2023. Meghmani Finechem has announced an increase in total income from Rs. 537.5817 Crores as of December 31, 2022, to Rs. 566.7153 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 77.1956 Crores as of December 31, 2022, to Rs. 76.7331 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 18.58 on December 31, 2022, to Rs. 18.47 on March 31, 2023, according to the company’s statement.
AU Small Finance Bank
AU Small Finance Bank releases Consolidated Quarterly Results for March 31, 2023. AU Small Finance Bank has announced an increase in total income from Rs. 2412.9642 Crores as of December 31, 2022, to Rs. 2607.9123 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 392.8282 Crores as of December 31, 2022, to Rs. 424.6322 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 5.87 on December 31, 2022, to Rs. 6.34 on March 31, 2023, according to the company’s statement.
HDFC AMC
HDFC AMC releases Consolidated Quarterly Results for March 31, 2023. HDFC AMC has announced an increase in total income from Rs. 662.93 Crores as of December 31, 2022, to Rs. 637.81 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 369.40 Crores as of December 31, 2022, to Rs. 376.20 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 17.31 on December 31, 2022, to Rs. 17.63 on March 31, 2023, according to the company’s statement.
Zydus Lifesciences Limited
Zydus Lifesciences Limited, along with its subsidiaries and affiliates, has recently received the green light from the United States Food and Drug Administration (USFDA) to produce and market Metronidazole Topical Cream, 0.75%, also known as MetroCream, 0.75%. The drug is an antibiotic used to treat rosacea, a common skin disorder that affects adults and causes redness, swelling, and pimples. Its active ingredients are expected to reduce the symptoms caused by rosacea by decreasing inflammation.
Lloyds Metals And Energy
Lloyds Metals And Energy releases Consolidated Quarterly Results for March 31, 2023. Lloyds Metals And Energy has announced an increase in total income from Rs. 1029.40 Crores as of December 31, 2022, to Rs. 895.71 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 230.03 Crores as of December 31, 2022, to Rs. 269.04 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 4.95 on December 31, 2022, to Rs. 5.59 on March 31, 2023, according to the company’s statement.
Tata Consumer Products
Tata Consumer Products releases Consolidated Quarterly Results for March 31, 2023. Tata Consumer Products has announced an increase in total income from Rs. 3523.48 Crores as of December 31, 2022, to Rs. 3674.03 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 351.76 Crores as of December 31, 2022, to Rs. 268.59 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 3.79 on December 31, 2022, to Rs. 2.89 on March 31, 2023, according to the company’s statement.
Bajaj Auto
Bajaj Auto releases Consolidated Quarterly Results for March 31, 2023. Bajaj Auto has announced an increase in total income from Rs. 9589.07 Crores as of December 31, 2022, to Rs. 9192.73 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 1472.70 Crores as of December 31, 2022, to Rs. 1704.74 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 52.1 on December 31, 2022, to Rs. 60.3 on March 31, 2023, according to the company’s statement.
Dalmia Bharat
Dalmia Bharat releases Consolidated Quarterly Results for March 31, 2023. Dalmia Bharat has announced an increase in total income from Rs. 3391 Crores as of December 31, 2022, to Rs. 3953 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 204 Crores as of December 31, 2022, to Rs. 589 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 10.87 on December 31, 2022, to Rs. 31.41 on March 31, 2023, according to the company’s statement.
Mahindra CIE
Mahindra CIE releases Consolidated Quarterly Results for March 31, 2023. Mahindra CIE has announced an increase in total income from Rs. 2271.230 Crores as of December 31, 2022, to Rs. 2456.162 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. -657.811 Crores as of December 31, 2022, to Rs. 279.1 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. -17.35 on December 31, 2022, to Rs. 7.36 on March 31, 2023, according to the company’s statement.
Nippon Life AMC
Nippon Life AMC releases Consolidated Quarterly Results for March 31, 2023. Nippon Life AMC has announced an increase in total income from Rs. 415.74 Crores as of December 31, 2022, to Rs. 388.03 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 205.16 Crores as of December 31, 2022, to Rs. 198.02 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 3.27 on December 31, 2022, to Rs. 3.17 on March 31, 2023, according to the company’s statement.
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