Ashish Kacholia-backed stock Bharat Bijlee hit fresh 52-week-high as Q4 net profit doubles 131% to ₹26 Cr

Posted on:
Key Points

Bharat Bijlee is a small-cap industrial company that recorded a market cap of 1,728.08 Cr during Friday's closing session..

On Friday's closing session, the stock ended on a green note by 6% after reporting impressive Q4 and FY23 earnings...

The Dividend, if approved by the Shareholders at the ensuing 76th Annual General Meeting (AGM) of the Company, shall be paid to the shareholders within thirty (30) days from the date of the said AGM," said Bharat Bijlee in a stock exchange filing..

On Friday, the shares of Bharat Bijlee hit a fresh 52-week-high of 3,085.55 apiece during the afternoon deals and closed at 3057.70 with an upside gap of 6.21% over the previous close of 2878.80..

As per the shareholding pattern of Bharat Bijlee for January to March 2023 quarter, ace investor Ashish Kacholia held fully paid up equity shares of 1,01,350 or 1.79% stake in the company. . . Know your inner investor Do you have the nerves of steel or do you get insomniac over your investments?.

You might be interested in

Ashish Kacholia portfolio FMCG stock rallies 9% after Q4 PAT jumps 129% YoY

17, May, 23

Megastar Foods is a small cap FMCG company that recorded a market cap of ₹286.21 Cr during Friday's closing session.

IEX earnings: Posts 9.6% YoY growth in consolidated net profit for Q2, but shares decline amid market coupling concerns

27, Jul, 23

Indian Energy Exchange (IEX) reported a 9.6% increase in consolidated net profit for Q2, reaching ₹75.8 crore, attributed to higher revenues. However, IEX shares declined over 4%. The company's revenue from operations increased by 5.7% YoY to ₹104 crore, and total income saw a 12% YoY increase.

Bajaj Auto Q4FY23 net profit falls 2.5% to Rs 1433 crore, yet beats estimates; revenue at Rs 8904.7 crore

25, Apr, 23

Bajaj Auto's revenue for the quarter ended March 2023 stood at Rs 8904.7 crore as against Rs 7975 crore recorded in the same quarter the previous year.

SBI Q2 Results: PAT rises 8% YoY to Rs 14,330 crore, but trails estimate

04, Nov, 23

SBI Q2 Results: Net interest income (NII), the difference between interest earned and interest expended, rose over 12% on year to Rs 39,500 crore, and was the above estimated Rs 38,500 crore. Gross non-performing assets ratio as of September end was 2.55%, compared with 3.52% a year ago, and 2.76% a quarter ago. Net non-performing assets ratio as of September end was 0.64%, compared with 0.80% a year ago, and 0.71% a quarter ago.

Stocks in news: Adani Enterprises, TVS Motor, Hero MotoCorp, Britannia, Marico, Paytm

05, May, 23

The company reported an over 2-fold YoY rise in consolidated net profit for the March quarter to Rs 722.5 crore. Revenue increased 26% YoY to Rs 31,346.05 crore.

Realty stock declares dividend, LIC held 2.85% stake in Q4: Do you own?

21, May, 23

Swan Energy is a mid cap real estate company that recorded a market cap of ₹6,064.81 Cr during Friday's closing session.

Torrent Pharma Q4 results: Net profit stood at ₹287 Cr, Board declares 160% dividend

30, May, 23

The flagship company of the Torrent Group, Torrent Pharma, is among the Top 5 in the therapeutics segments.

Reliance Industries to announce Q2 results on October 27

20, Oct, 23

A meeting of the Board of Directors of the company is scheduled to be held on Friday, October 27, 2023, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the company for the quarter and half year ended September 30, 2023, the company said in a filing.

Tata Coffee Q4 PAT climbs 9%, net income surges over 10%, Board declares dividend

18, Apr, 23

Tata Coffee, a small-cap company, closed today with a market capitalization of ₹3,882.96.

Heritage Foods rally 9% to hit fresh 52-week-high as Q4 net profit zooms 41% YoY

25, May, 23

Following the company's stellar Q4 and FY23 earnings, Heritage Foods surged 9% on Dalal Street today to reach a new 52-week high.