Grasim Industries posts Q4 net profit at Rs 1,063 crore

Aditya Birla Group firm Grasim Industries on Friday reported a marginal increase in consolidated net profit at Rs 1,063.62 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 1,055.26 crore during the same period of the previous fiscal, Grasim Industries said in a BSE filing.

The revenue from operations during the quarter under review stood at Rs 11,140.21 crore as against Rs 10,566.36 crore in the year ago period.

"On the completion of the merger of Aditya Birla Nuvo with Grasim, the company is poised to enter into a new era of growth, given its leadership position in all its businesses post merger," Grasim Industries said in a statement. For the entire fiscal, the company reported a consolidated net profit at Rs 4,245.61 crore compared to Rs 3,454.74 crore in the 2015-16 fiscal. Revenue for the fiscal stood at Rs 41,194.95 crore. It was Rs 39,196.61 crore in the previous fiscal. The company's board has recommended a dividend of Rs 5.50 per share for the financial year 2016-17.

Gabriel India Limited

Gabriel India Limited is the flagship company of ANAND, and a leading name in the Indian auto component industry . Established in 1961, the company provides the widest range of ride control products in India, including shock absorbers, struts, and front forks, across every automotive segment with over 300 product models offered. Market Leaders for more than 55 Years The history of Gabriel India dates back to 1961, when Mr. Deep C Anand, as a young entrepreneur, launched his very first business venture - Gabriel India, in collaboration with Maremont Corporation (now Gabriel Ride Control Products of ArvinMeritor Inc., USA), for the manufacturing of shock absorbers at Mulund, Mumbai. Today, the Gabriel brand is synonymous with shock absorbers in India, with a significant presence across all automotive customer segments, including original equipment manufacturers (OEM’s), replacement, and exports. Over the last 55 years, Gabriel India has established itself as a provider of...

Hind Rectifiers Ltd. .. Bumper Results with Bumper Order Book.. Ready to Fly for 170++ soon

Hind Rectifiers Ltd. Buy at CMP- 1 17 , Targets - 172- 190, Time Frame - 6 to 24 Months , SL- 90 TRIGGERS Bagged 88 Cr Order recently with Its all time High Order Book of 300 Cr Profit in Q2 has Jumped 409% Biggest Beneficiary of Budget 2019 ( Railway Equipments Manufacturer) Hind Rectifiers, known as Hirect , is a leading manufacturer of rectifier equipment and semi-conductor devices. It also manufacturers a wide range of products used for railways, AC electric locomotives and AC electrical multiple units. The company has signed a technical collaboration agreement with Friem, Italy to manufacture water-cooling rectifiers for electrochemical applications. Based on this technology, it has received orders from Sterlite Industries, Chemfab Chlorates and Sree Rayalaseema Alkalies and Chemicals. It has a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised ...

UBL - Stock of the Year ! Ready for 10-20% upside quick !

Buy at CMP 1364 - for the Targets of 165 0 -1890 , Time Frame - 5 Months to 24 Months United Breweries Limited is synonymous with innovation and aggressive marketing that is complemented by a strong distribution network which encompasses an impressive spread of owned and contract manufacturing facilities across the country. The company was bought by the late Mr. Vittal Mallya in 1947, and since then, has consistently tasted success and never looked back. Today, each one of the 89,763 outlets selling beer in India, sell atleast one brand from United Breweries Their flagship brand 'Kingfisher', has achieved international recognition consistently, and has won many awards at international beer festivals. Our most popular beer, Kingfisher Premium Lager beer, is currently available in 69 countries and leads the way among Indian beers in the international market. UB ...

Kajaria Ceremics .. Breakout for 700++CMP 589

-KAJARIA HAS GIVEN A INVERTED HEAD AND SHOULDER BREAKOUT FUNDAMENTALLY STRONG KAJARIA IN LAST 4 YEARS DOUBLED THEIR NET PROFIT AND WORKING FANTASTIC ON THEIR VOLUMES AND MARGINS* HAVING MARKET CAP OF 9500CR* KAJARIA IS THE LARGEST TILES MAKING COMPANY OF INDIA* STRONG HOLDING OF 83% IS WITH PROMOTERS AND FIIS/DIIS/MUTUAL FUNDS* DUE TO GOVT PUSH FOR AFFORDABLE HOUSING TILES SECTOR WILL BUZZ IN COMING DAYS OUR HOT PICK IS KAJARIA ONLY* Company Information: Founded 30 years ago with a single-minded vision, to be the best in providing tile solutions, Kajaria has since then grown stronger with its hard work, innovations and patronage from our discerning customers. Chairman's Message: Since our founding in 1988, we have been moving forward on many fronts to capitalize on solid growth opportunities, to improve our operating efficiency and to sharpen our business portfolio's focus. Our Exports: Our Brand "Kajaria" has today become synonym of Quality, ...

Add in Dips stocks for short term gains! NIIT tech , Hdfc bank and TCS ! Do not miss to add in all Dips !

Add in Dips stocks for short term Positional - NIIT tech , Hdfc bank and Tata consultancy services https://twitter.com/Kj_TechTrades/status/1176436471013625857?s=20

INVESTORICH

Search This Blog