Dabur India Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Dabur Indian share price will remain in focus on February 3 after company reported a decline in its Q3 net profit . Dabur India reported a 5.5 percent year-on-year fall in consolidated net profit at Rs 476.6 crore for the quarter ended December 2022. Net profit stood at Rs 504 crore in the same quarter a year ago, Dabur said in a stock exchange filing on Thursday. However, revenue from operations grew 3.5 percent YoY to Rs 3,043 crore from Rs 2,942 crore in Q3 FY22. Revenue crossed the Rs 3,000-crore mark for the first-time ever, said the company. On the operating front, EBITDA (earnings before interest, taxes, depreciation and amortization) fell 2.7 percent to Rs 610.4 crore. Operating margins fell 100 basis points to 20.1 percent from 21.3 percent YoY. … [Read more...] about Dabur India Q3 net profit falls 5.5%; what should investors do now?
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ITC Q3 Preview: Net profit to grow 11%, cigarette volume growth pegged at 10%
According to an average of estimates of brokerages polled by Moneycontrol, the company's revenue will rise 4.3 percent on-year to Rs 16,547 crore Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Cigarette-to-soap maker ITC is likely to post a decent set of numbers for the December 2022 ended quarter, with standalone revenue growing 11 percent year-to-year to Rs 4614 crore. The company will report its Q3 earnings on February 3, after market hours. According to an average of estimates of brokerages polled by Moneycontrol , the company's revenue will rise 4.3 percent on-year to Rs 16,547 crore. Sequentially, topline and bottomline are expected to grow 2.5 percent and 3.3 percent. ITC’s mainstay business of cigarettes, which has been in the limelight for hike in NCCD (National Calamity Contingent Duty) announced in Union … [Read more...] about ITC Q3 Preview: Net profit to grow 11%, cigarette volume growth pegged at 10%
Taking Stock | Sensex rises 224 points, Nifty ends flat in a volatile session
Indian equity benchmarks ended mixed in yet another volatile session on February 2 despite the budget, presented a day earlier, being hailed as growth-oriented, as the selloff in Adani group stocks continued to roil the market. The 30-pack Sensex gained 224.16 points, or 0.38 percent, to close at 59,932.24, while the broader Nifty was down six points, or 0.03 percent, at 17,610.40. The market opened lower, with the Nifty slipping below 17,500 but recovered soon after and traded flat for most part of the session. Last hour buying, however, helped the Sensex to cross 60,000 and close near the level. "Despite a growth-oriented budget, drop in crude prices and upside in the global market, the domestic market is not able to gain because of the Adani saga having a ripple impact on the investors," said Vinod Nair, Head of Research at Geojit Financial Services. Premium valuations continue to weigh on the Indian market compared to other emerging markets, which are expecting upside … [Read more...] about Taking Stock | Sensex rises 224 points, Nifty ends flat in a volatile session