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Ext poll 2024 results: Dhiraj Relli of HDFC Securities said infrastructure, BFSI, capital goods and telecom sectors could be the key beneficiaries. Kranthi Bathini of WealthMills Securities said he is positive on railways and defence stocks.
Indian markets are expected to open with slight gains on Tuesday, May 7th, 2024, following the positive momentum...
Arvind SmartSpaces reported its highest-ever sales at Rs 1,107 crore in 2023-24, up 38% from the previous year. The company's net profit increased 62% to Rs 41.6 crore, while revenue from operations grew 33% to Rs 341 crore. The company acquired new projects with a topline potential of Rs 4,150 crore, and is set to deepen its presence in Gujarat, Bengaluru, and Maharashtra. Demand optimism in residential markets is expected to continue in the medium term.
During 2023-24 fiscal year, Arvind SmartSpaces' net profit increased to Rs 41.57 crore from Rs 25.60 crore in the preceding year.
We work with about 100,000 farmers to grow sustainable cotton. We are rapidly decarbonizing our energy footprint. So, a lot of renewables, we are replacing fossil fuels for thermal energy using agro waste, so sustainability is a very, very strong theme. So, I think these are the couple of big themes right now -- consolidation, more verticality, and a huge focus on sustainability.