November 14, 2024

Market

Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

TheSpuzz Desk02 mins

Source: Live Mint India’s Shree Cement topped second-quarter profit estimates on Monday, as higher-than-expected sales volumes helped mitigate low prices of the key construction material. The country’s third-biggest cement maker by market capitalisation reported a net profit of 931.3 million rupees ($11 million) for the three months ended Sept. 30, down 81% from year-ago. Analysts…

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Q2 Results: 44% of companies miss net profit estimates, 27% see weak revenue growth amid demand slowdown: JM Financial | Stock Market News

Q2 Results: 44% of companies miss net profit estimates, 27% see weak revenue growth amid demand slowdown: JM Financial | Stock Market News

TheSpuzz Desk05 mins

Source: Live Mint The Q2 results season so far has sparked concerns in the Indian stock market as numerous companies reported weaker-than-expected earnings and cautious outlooks. Analysis from JM Financial on 157 companies, out of its coverage universe of 275, indicates mixed results across sectors. Nearly half of the companies missed earnings expectations, suggesting a…

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Smallcap stock below ₹100: Multibagger stock jumps nearly 5% after this acquisition update | Stock Market News

Smallcap stock below ₹100: Multibagger stock jumps nearly 5% after this acquisition update | Stock Market News

TheSpuzz Desk05 mins

Source: Live Mint Shares of MIC Electronics surged nearly 5 per cent in intra-day trading on Monday, November 11 after the company announced the incorporation of its wholly-owned subsidiary, MICK Digital India Limited, on November 8, 2024. The company subscribed to 50,000 equity shares at ₹10 each, totalling ₹5 lakh, with the full amount paid…

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