All major profit indicators witness an improvement led by lower input prices as global commodity prices were elevated in Q4 FY23
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BEL reports 30 per cent YoY growth in consolidated net profit to Rs 17.97 billion against Rs 13.82 billion a year ago
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Dixon Technologies net profit surges to Rs 98.5 crore in the fourth quarter with 25 per cent YoY growth
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Rise in advertisement expenses due to stiff competition contributes to below estimate profit
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Among the Nifty 50 stocks, 38 open lower, while only 11 gain during the opening session
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In the Nifty50 index, 36 stocks end in the green territory while 14 stocks conclude with loss
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BPCL declares a bonus issue of 1:1 with a record date of 22 June and dividend of Rs 21 per equity share
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In the Nifty50 index, merely 7 stocks end in the green territory, while 43 stock witness fall
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Voltas profit dips to 19 per cent in the fourth quarter and stands at Rs 116 crore against the analysts’ expectation of Rs 213 crore
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Sonam Srivastava, Founder and Fund Manager, Wright Research in an exclusive interview with BW Businessworld says, "Expectations are strong, but the numbers are not and markets work on expectations"
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