Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.
Godrej Consumer Products has released the results for the fourth quarter ended March 31, 2021, according to which the company’s profit in this quarter grew by 59.1 percent to Rs 365.8 crore compared to Rs 229.9 crore in the fourth quarter of last year. Had been. The company’s profits were lower than anticipated. CNBC-TV18 Poll Stocks estimated the company’s profit to be at Rs 425 crore.
The company’s revenue in the fourth quarter increased by 26.8 percent to Rs 2,730.7 crore from Rs 2,153.8 crore in the fourth quarter of last year. The company’s earnings during this period have been slightly higher than anticipated. In CNBC-TV18 Poll Stocks, the company’s revenue was estimated at Rs 2,695 crore.
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The company’s EBITDA has increased from Rs 477.2 crore to Rs 549 crore in the fourth quarter on an annual basis. At the same time, the EBITDA margin has declined to 20.1 per cent from 22.2 per cent in the fourth quarter of last year. CNBC-TV18 Poll estimated Kampna’s EBITDA at Rs 595 crore and EBITDA margin at 22.1 per cent in the fourth quarter.
Focus on MATRIMONY.com
The company’s revenue in the fourth quarter increased from Rs 94 crore to Rs 101 crore on a year-on-year basis, while the profit grew from Rs 6.8 crore to Rs 10.1 crore.
Focus on HUHTAMAKI Q4
The company’s revenue in the fourth quarter increased from Rs 578 crore to Rs 632 crore on a year-on-year basis, while the profit grew from Rs 27.3 crore to Rs 16.2 crore.
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Focus on DISHMAN Q4
The company incurred a loss of Rs 135 crore against a profit of Rs 50.2 crore on a yearly basis. Income has increased from Rs 512.1 crore to Rs 529.3 crore.
Focus on KALPATARU POWER Q4
On an annual basis, profits have increased from Rs 13 crore to Rs 187 crore, while income has increased 16 per cent to Rs 4086 crore.
KEC INT: Q4 (YoY)
On a year-on-year basis, profit grew by 0.7 per cent to Rs 194 crore, while income grew 16 per cent to Rs 4361 crore.
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Telecom share in focus
Today, telecom shares will remain in focus. In February, RELIANCE JIO added 42.6 lakh, new customers. Stocks MARKET SHARE rose to 35.54 percent in February. , There are more than 37 lakh customers associated with BHARTI AIRTEL. At the same time, SUBSCRIBERS of VI have increased after 15 months.
Manvendra Chaudhary, with over 5 years of professional experience as CEO of Unique News and Megalent Marketing, shares insights on life, business, and health for your success.
Quick-service restaurant chain Wow! Momo has secured Rs 70 crores from Z3Partners in an extension to their latest funding round following Rs 350 crores from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. Wow! Momo operates three brands – Wow! Momo, Wow! China, and Wow! Chicken.
CEO Sagar Daryani expressed gratitude stating, “We have been consistent and resilient…this round of investors have shown in us fortifies our faith and further motivates us to be change-makers.” Launched in 2008, Wow! Momo has 600 outlets in 38 cities and ventured into the FMCG sector along with their QSR vertical.
Managing Partner at Z3Partners, Rishi Maheshwari, praised Wow! Momo saying, “Wow! Momo is a reflection of the vibrant entrepreneurial landscape in the country…building a high-quality food business at scale, fuelled by superior execution expertise.” This funding round totals over Rs 480 crores, with Rs 270 crores via primary infusion and Rs 210 crores through a secondary purchase from early-stage investors.
Wow! Momo’s growth trajectory has been impressive with a strong presence in multiple cities. This latest funding will further solidify its position in the market and support its expansion plans. Sagar Daryani and the team at Wow! Momo are optimistic about the future and grateful for the support shown by investors.
Varanasi, April 17 (IANS) – Six more products from Uttar Pradesh have been granted the Geographical Indication (GI) tag, including the famous ‘Tirangi Barfi’ of Kashi, a tricoloured sweet symbolic of the Quit India Movement. The GI Registry awarded the certification on Tuesday, bringing the total number of GI-tagged products in Uttar Pradesh to 75, making it the state with the most GI products in India.
The newly certified products in Uttar Pradesh also include Banaras Metal Casting Craft, Lakhimpur Kheri Tharu Embroidery, Bareilly Cane and Bamboo Craft, Bareilly Zardozi Craft, and Pilkhuwa Hand Block Print Textile. According to GI expert Padma Shri Rajnikant, “Two renowned products from Varanasi, the Tirangi Barfi and Metal Casting Craft, were granted GI certification on Tuesday.” Rajnikant, the general secretary of the Human Welfare Association, has been instrumental in securing GI tags for 148 producers across 14 states and Union Territories.
Rajnikant highlighted the crucial role played by the National Bank for Agriculture and Rural Development (NABARD) Uttar Pradesh, Lucknow office in supporting these six GI tags. He emphasized that this achievement strengthens Uttar Pradesh’s position as the leading state in GI products. In 2008-09, the state had only one GI product, the ‘Allahabad Surkha Amrood.’ With 75 GI products now, Uttar Pradesh continues to lead in this area.
The GI tags not only recognize the unique identity and qualities of these products but also provide protection against imitation and unauthorized use. These certifications also help in promoting traditional craftsmanship and skills, thereby boosting the local economy and preserving the cultural heritage of the region. Tamil Nadu follows Uttar Pradesh with 58 GI products, reflecting the rich cultural diversity and heritage of various states in India.
In a record-breaking achievement, the Central Board of Direct Taxes (CBDT) has signed 125 Advance Pricing Agreements (APAs) in the financial year 2023-24. This marks a significant increase of 31% from the previous year, totaling to 641 APAs since the inception of the programme.
These agreements were established with the aim of promoting ease of doing business, particularly for multinational corporations engaged in cross-border transactions with their group entities. The CBDT statement highlights the importance of these agreements in providing certainty to taxpayers in transfer pricing.
The increased number of APAs is a result of mutual agreements with India’s treaty partners like Australia, Canada, Denmark, Japan, Singapore, the UK, and the US. This collaboration not only brings certainty to international transactions but also offers protection against double taxation, benefiting taxpayers for up to nine years.
The APA Scheme specifies methods of pricing and determines the arm’s length price of transactions in advance, providing taxpayers with a roadmap for the next five years. The option to rollback APAs for the preceding four years further solidifies tax certainty and ensures a smoother process for businesses operating in India’s dynamic economy.
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