Stocks to Focus: Tata Steel, Cummins, Lemon Tree Hotels, Heritage Foods, SJVN, RR Kabel
Stocks to watch on Thursday, May 30, 2024: Indian markets are expected to open lower, following the global trend....
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Stocks to watch on Thursday, May 30, 2024: Indian markets are expected to open lower, following the global trend....
Heidelberg Cement India Q4 Results Live : Revenue decreased by 0.91% YoY & profit increased by 37.72% YoY
HeidelbergCement India Ltd reported a significant 37.72% rise in net profit for the March quarter, reaching Rs 48.16 crore, primarily due to a reduction in operating costs. Despite a marginal decline in revenue, effective cost management, especially in power and fuel expenses, bolstered the company's earnings.
In a week marked by fluctuations, the benchmark indices, Sensex and Nifty, managed to recover from earlier losses, concluding the week with marginal gains.
On Monday, 2452 stocks advanced, 1336 declined and 200 remained unchanged, with an advance decline ratio of 1.83 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.