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Orient Cement share hits 52-week high post Q4 earnings - Vimarsana News

Orient Cement share hits 52-week high post Q4 earnings

Orient Cement share hits 52-week high post Q4 earnings For FY21, revenue from operations declined 4.03 per cent to Rs 2,324.08 crore from Rs 2,421.79 crore in the previous year. Net profit stood at Rs 214.18 crore against Rs 86.58 crore in the previous year BusinessToday.In | May 18, 2021 | Updated 12:37 IST Representative Image Share of Orient Cement rose 10 per cent to touch a fresh 52-week high of Rs 133.70 on BSE after the company reported an over two-fold jump in net profit to Rs 99.8 crore for the quarter ended March 31. Profit in the year-ago period stood at Rs 44.06 crore. The stock...

Orient Cement surges 10%, hits 52-week high on strong Q4 results - Vimarsana News

Orient Cement surges 10%, hits 52-week high on strong Q4 results

Shares of Orient Cement surged 10 per cent to Rs 133.70 on the BSE in intra-day trade on Tuesday after the company’s net profit in the March quarter of the financial year 2020-21 (Q4FY21) more than doubled to Rs 99.88 crore, on the back of healthy operational performance. The company had posted a profit of Rs 44.07 crore in Q4FY20. The cement maker reported revenue growth of 27.1 per cent year-on-year (YoY) at Rs 832 crore. Earnings before interest, taxes, depreciation and amortisation (EBITDA) margin improved by 530 basis points (bps) YoY and 174 bps quarter-on-quarter (QoQ) to 24.4 per ...

Orient Cement Q4 net profit rises over two-folds to Rs 99.87 crore - Vimarsana News

Orient Cement Q4 net profit rises over two-folds to Rs 99.87 crore

C K Birla group firm Orient Cement Ltd on Monday reported an over two-fold jump in net profit at Rs 99.87 crore in the fourth quarter ended March 2021. It had posted a net profit of Rs 44.06 crore in the January-March quarter a year ago, Orient Cement said in a BSE filing. Its revenue from operation rose 27.06 per cent to Rs 831.61 crore during the quarter under review as against Rs 654.52 crore in the corresponding period a year earlier. Total expenses were at Rs 680.83 crore in Q4/FY2020-21, up 14.96 per cent as against Rs 654.52 crore. For the fiscal year 2020-21, its net profit rose ...

Market Watch: What's behind the sudden buying interest in FMCG stocks? - Vimarsana News

Market Watch: What's behind the sudden buying interest in FMCG stocks?

Tune in as we discuss what's behind the sudden buying interest in consumer stocks, what Nifty charts are suggesting, and more!

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday - Vimarsana News

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

Explore Now NEW DELHI: Nifty saw a gap down opening on Monday, but made a smart recovery to end slightly above the previous closing, forming a bullish candle on the daily chart. Rohit Singre, Senior Technical Analyst at LKP Securities said, "The overall structure will remain cautious for Nifty50 till it trades below 14,800 zone. On the higher side, the index has a stiff hurdle at 14,720-14,800 levels. Profit booking is suggested around the said levels. Fresh breakout will be only above 14,800 level and good supports are placed in the 14,550-14,500 zone." Ashis Biswas, Head of Technical Resear...