Share Market News
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TNS STOCKS: Grasim Industries surge 2.34% on robust revenue
14-November-2022
17:34:17 IST
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TNS STOCKS: Grasim Industries surge 2.34% on robust revenue
14-November-2022
17:34:17 IST
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TNS STOCKS: Marginal advancement in PAT nudges the stock to gain by over 4%
14-November-2022
15:8:38 IST
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TNS STOCKS: Multifold rise in PAT jolts LIC into action; Stock ~5% up
14-November-2022
11:28:20 IST
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TNS CORP BOND: L&T Fin to raise unspecified amt via 2.5-yr ZCB bond: Source
14-November-2022
10:17:40 IST
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TNS CORP BOND: HDFC Credila to raise Rs 150 cr via 10-yr bond: Source
14-November-2022
10:18:24 IST
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TNS CORP BOND: Aditya Birla Fin to raise Rs 100 cr via 10-yr bond: Source
14-November-2022
10:19:7 IST
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TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
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TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
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TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
-
TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
-
TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
-
TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
-
TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
-
TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
-
TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
-
TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
-
TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
-
TNS STOCKS: Steel Authority of India tanks 2.15% after making losses
12-November-2022
16:33:51 IST
-
TNS STOCKS: Adani Power recovered from its annual losses with healthy PAT for Q2FY23
12-November-2022
16:27:0 IST
TNS STOCKS: Grasim Industries surge 2.34% on robust revenue
14-November-2022
17:34:17 IST
By Mitali Gaikwad MUMBAI, NOV 14 (TickerNews Service): The shares of Grasim Industries Ltd surged 2.34% Monday on the National Stock Exchange, boasting remarkable revenue of Rs 6745 Crore in its Q2FY23 earnings growth story as compared to Rs 4933 crore in the same period last year. The EBITDA increased to Rs 956 crore from Rs 801.5 crore for the same quarter in the previous year. The Profit After Tax (PAT) inched up to Rs 964 crore from Rs 947 crore last year. The company managed to rise above the challenges posed by increasing energy costs and grim global market conditions. Further, Grasim Industries detailed its capital expenditure plans in the press release, stating that the CapEx budget for the fiscal year is Rs 6720 crore, out of which Rs 3542 crore will be alloted to the Paints Business. "Additional capex of Rs 565 crore has been approved by the board for existing businesses, out of which Rs 382 crore is expected to be spent in FY23," added the Press Release. The quarterly result also indicated that Viscose Staple Fibre sales were up by 10% YoY, while chemical business showed an increase of sales by 8% YoY. The shares touched a high of Rs 1756.90 before closing at Rs 1748.50 on the National Stock Exchange. As mentioned in the Technical Treat on Monday, shares of Grasim Industries seem to be heading upwards across all time frames. However, Moving Average Convergence Divergence (MACD) is showing a bearish crossover on the daily chart. (End) Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.