Stock Market Expart
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Trading call provider on Equity, F&O ( Nifty, Bank Nifty)
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*JIO Financial Services Ltd.* | *CMP* Rs. 370 | *M Cap* Rs. 235072 Cr | *52 W H/L* 375/203
*Result is ok*
Revenue from Operations came at Rs. 418.1 Cr (1.1% QoQ, -77.4% YoY) vs QoQ Rs. 413.6 Cr, YoY Rs. 1853.9 Cr
YoY revenue is higher due to higher interest
EBIDTA came at Rs. 320.3 Cr (0.1% QoQ, -79.4% YoY) vs QoQ Rs. 320.1 Cr, YoY Rs. 1558.4 Cr
EBITDA Margin came at 76.6% vs QoQ 77.4%, YoY 84.1%
Adj. PAT came at Rs. 310.6 Cr vs QoQ Rs. 293.8 Cr, YoY Rs. 1604.6 Cr
Quarter EPS is Rs. 0.5
Co is in the hiring, strategizing and infra buildup stage for the 50:50 JV with Blackrock
Stock is trading at TTM P/B of 1.7x
Forwarded from Stock Market News india
The government has also taken the following measures to meet the summer demand, apart from the decision on gas-based generating stations
Forwarded from Stock Market News india
PM Narendra Modi indulged in virtual reality while interacting with top Indian gamers regarding its future as well as the challenges in e-gaming industry.
Forwarded from Stock Market News india
India will operationalise gas-based power plants to meet summer electricity demand
Forwarded from Stock Market News india
Houses worth Rs 1.11 lakh crore were sold during Jan-Mar (Q1, 2024) up by 68% yoy in India's top 8 residential markets. (PropTiger report)
Forwarded from Stock Market News india
It's been 4 years since martyr Major Anuj Sood's widow has been fighting to get her allowance from the Maharashtra government. The state allegedly owes her over ₹1 crore including monthly allowance.
Forwarded from Stock Market News india
Engineers India inks MoU with Detect Technologies for real-time #artificialintelligence-based monitoring for implementing safe practices at construction sites and progress monitoring for clients in India & abroad
Forwarded from Stock Market News india
🚨 India's top 3 IT companies, TCS, Infosys, and Wipro, have witnessed a substantial decrease in their combined workforce by almost 64,000 employees in FY2023-24.
Forwarded from Stock Market News india
Sterling and Wilson Renewable Energy Limited:- Sterling and Wilson Renewable Energy Limited Comes Back Stronger, Attaining Over 50% Revenue Growth With Improved Financial Performance for Q4 & FY24

Healthy Performance with Unexecuted Order Book at over INR 8,000 crore
Forwarded from Stock Market News india
#ElectionCommissionOfIndia orders fresh polls in 11 polling stations in inner #Manipur constituency on April 22

🚨This comes after the ECI declared voting in these 11 polling stations held on 19th April to be null and void due to election related violence