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Dixon Technologies Q2: Strong Revenue Growth Amid Margin Pressure with Positive Outlook
access_time 2024-10-25T12:21:39.417Z face CA Rachana Ranade
Dixon Technologies Q2: Strong Revenue Growth Amid Margin Pressure with Positive Outlook Dixon Technologies saw a stock decline of around 7.5% following its Q2 earnings report, which highlighted a shift in business dynamics affecting profitability. Despite significant revenue growth of 133% to ₹11,53...
What’s happening with this bank?
access_time 1728702780000 face CA Rachana Ranade
What’s happening with this bank? Bandhan Bank shares surged over 12% in today's session following the Reserve Bank of India's (RBI) approval of Partha Pratim Sengupta as the new Managing Director (MD) and CEO. Sengupta accepted the role on October 9, 2024, and confirmed on October 10 that he will re...
Why are so many companies coming up with buybacks?
access_time 1726402320000 face CA Rachana Ranade
Why are so many companies coming up with buybacks? Many companies are now announcing share buybacks, and to understand this trend, we first need to know what a buyback is. A buyback refers to a company purchasing its own shares from shareholders. These companies, listed on the stock market, offer to...
Market recap of fiscal year 2024
access_time 2024-03-30T08:57:57.556Z face CA Rachana Ranade
Market recap of fiscal year 2024 In India, the fiscal year spans from April to March, indicating that this 31st of March signifies the conclusion of the fiscal year 2023-24 or financial year 2024. This year has been remarkable for the Indian stock market. As we all know, the market's performance isn...
What are Corporate Actions?
access_time 2023-11-25T09:05:24.839Z face CA Rachana Ranade
What are Corporate Actions? Recently, we have come across HDFC Bank & HDFC Ltd. merger, Jio Financial Services listing, TCS Buyback etc. Now, after looking at all these events, we might encounter a question why is it done? So, to understand the reasons and implications of these events, let us unders...