GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Zee Entertainment Enterprises rose nearly 3% to Rs 144.4 in Tuesday's trade on BSE after the firm reported a profit of Rs 13 crore in the March quarter of FY24, after reporting a loss of Rs 196 crore in the year-ago period. Moreover, the company's shares closed over 4% higher in a special trading session conducted on Saturday. However, sequentially the March quarter of FY24 remained muted. The company has reported a profit of Rs 58.5 crore in Q3 FY24. The company reported a total income of Rs 2,185 crore, up from Rs 2,126 crore during the same period a year ago. Its advertising revenue stood at Rs 1,110 crore as against Rs 1,006 crore in Q4 FY23. For the full year of FY24, the broadcaster's profit stood at Rs 141.4 crore crore as against Rs 47.8 crore in FY23. Revenue from its streaming platform Zee5 improved marginally in Q4 FY24 to Rs 237 crore from Rs 220 crore during the same period a year ago. In FY24, the over-...

[hfe_template id='11223'] [ad_1] Shares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024. For fiscal year 2024, the board of directors also announced a final dividend of Rs 1.50, equivalent to 150% of the face value of equity shares. The improved supply scenario resulted in increased sell liquidity at IEX, despite an increase in the country’s energy demand in the fiscal year 2024. In FY24, the sell liquidity on the exchange increased by 17% YoY, stated the company in a filing to the exchanges. Domestic brokerage firm Nuvama, while commenting on IEX’s Q4 performance, stated that they see a limited upside in the stock despite factoring in 17% volume growth in FY24–26E (13% in FY24), and long-term growth of 14–15% and hence retained a ‘reduce’ rating on IEX with a target price ...

[hfe_template id='11223'] [ad_1] CarTrade Tech shares jumped 14% to the day's high of Rs 857.80 on the NSE on Monday after the multi-channel auto platform reported its highest ever revenue of Rs 161 crores for the quarter ended March 31, 2024, registering a 38% year-on-year growth. The profit after tax (PAT) for the reported quarter stood at Rs 24.97 crores, resulting in YoY growth of 43%. In Q4FY23, the company had reported a consolidated revenue of Rs 116 crore while the PAT was reported at Rs 17.49 crore. For the full financial year the revenue stood at Rs 555.23 crore recording a 30% YoY jump while the net profit was at Rs 82.13 crore which was a 103% growth. The adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the quarter stood at Rs 49.11 crores resulting in growth of 23% over the corresponding period of the last financial year. Adjusted EBITDA for FY24 was at Rs 164.74 crores, resulting in a YoY growth of 32%. The company cl...