Yatharth Hospital shares fall up to 6% after Q4 margin narrows despite strong topline growth

Yatharth Hospital shares fall up to 6% after Q4 margin narrows despite strong topline growth

Shares of Yatharth Hospital and Trauma Care Services Ltd. tanked nearly 6% after reporting their fourth quarter earnings, which were higher on a year-on-year basis barring the margins picture. The company reported a healthy set of results across most parameters. However, its margins contracted from the previous year. Yatharth Hospitals’ net profit increased by 23%…

Read More
NBCC, HUDCO partner for August Kranti Bhawan redevelopment, project funding

NBCC Q4 Results: Exceptional gain aids profit, revenue drops; Stock off highs

NBCC (India) Ltd. reported a 39% year-on-year rise in consolidated net profit for the March quarter, aided by exceptional gains during the period. Revenue, however, declined marginally from a year ago. The state-run construction company reported consolidated net profit of ₹253.5 crore for the March quarter, up from ₹182.7 crore in the corresponding quarter last…

Read More
WhiteOak bets on India's small- and mid-caps on earnings strength, growth prospects

WhiteOak bets on India’s small- and mid-caps on earnings strength, growth prospects

India’s small- and mid-cap stocks are entering a sweet spot, with stronger earnings, price corrections and improving valuations making them more attractive than large-caps, said Hiren Dasani, chief investment officer for emerging markets at Singapore-based WhiteOak Capital. ”The real opportunity lies in companies tied to powerful structural themes such as manufacturing, supply-chain diversification, defence, energy…

Read More