According to a BSE filing by the company, it has reported over 6 per cent jump in total income in the first quarter (Q1FY24) at Rs 27.3 crore. The small cap's net profit also increased to Rs 1 crore in the quarter.
As per the SEBI directives, the bonus issuing company has to fix a record date when investors must own shares in order to be eligible to participate in corporate event. This is called record date.
The profit after tax (PAT) stood at Rs 4.10 crore in the April-June quarter, boosted by higher revenues, according to an exchange filing by the company. It had posted a net profit of Rs 35 lakh in the corresponding period last year, the filing added.
The PAT increased by a whopping 144 per cent in the April-June quarter, the filing said, adding that earnings before interest, taxes, depreciation and amortization (EBITDA) jumped by over 200 per cent.
According to BSE, the stock has delivered a multibagger return to its investors. Data show that that stock has jumped 640 per cent in the last two years and 900 per cent in three-years.
A smallcap category company having a market cap of Rs 726 crore, Medico Remedies shares were split recently.
Apollo Micro Systems: The company through an exchange filing said that its net profit in the December quarter stood at Rs 660.48 lakh as against Rs 338.33 lakh a year ago period.
The company has also fixed the record date for determining the eligibility of shareholders for the payment of the dividend amount.
Investment options in 2023: Here are a few of the ideal investment plans for 2023-24, taking into account market churn and trends from the previous fiscal year.
On the domestic equity market front, the BSE Sensex ended 20.86 points or 0.04 percent higher at 58,136.36, while the broader NSE Nifty advanced 5.40 points or 0.03 percent to 17,345.45.
The company's stock lost nearly 40 per cent of their value on Friday, after it reported a net loss of $422 million compared to $152 million in the prior year as the company "substantially" reduced hiring.
The company said in late March that was planning to split its stock for the second time in two years. At that time the shares were trading at over $1,000 each.
Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don’t sell any shares. It’s a concept called “unrealized gains,” and Musk is sitting on a lot of them with a net worth of roughly $300 bn.
The 30-share index settled 476.11 points or 0.82 per cent higher at 58,723.20. It touched an intra-day record of 58,777.06.
ICICI Bank on Saturday reported a 36 per cent increase in its standalone net profit at Rs 2,599 crore for the first quarter ended June 2020.
Reliance Industries on Sunday said it sold 1.16 per cent stake in its digital unit to Abu Dhabi Investment Authority (ADIA) for Rs 5,683.50 crore, taking the cumulative fund raising to Rs 97,885.65 crore that will help pare debt at the oil-to-telecom conglomerate.
Aviation stocks on Thursday rallied up to 10 per cent in opening trade after the government announced that domestic passenger flight services will resume from May 25 in a calibrated manner.
Shares of Ujjivan Small Finance Bank settled with 4 per cent gains on Wednesday after the company reported a 15 per cent rise in net profit for the fourth quarter ended March 2020.
It was a terrible Thursday for Indian bourses as bears made an unprecedented comeback after the World Health Organisation (WHO) declared coronavirus a global pandemic and the United States suspended travel from Europe.
Yes Bank shares tumbled over 5 per cent in morning deals on Friday, hit by ratings downgrade by Moody's Investors Service. The lender's shares were trading at 58.75 apiece, down 5.39 per cent on the BSE. Likewise, the stock dived 5.23 per cent to Rs 58.85 per unit on the NSE.
Top News
Latest News
