Market Commentary - Stock Alert
Coal India, Oil India, Siemens in focus As on : 09-Aug-23  08:41

Coal India: The company reported consolidated net profit of Rs 8,125.40 crore in Q1 FY24 as against a net profit of Rs 9,415.58 crore in Q1 FY23. Total income rose to Rs 33,072.64 crore in the June quarter from Rs 32,497.98 crore recorded in Q1 FY23.

Oil India: The company reported consolidated net profit of Rs 1,613.43 crore in Q1 FY24 as against a net profit of Rs 1,555.49 crore in Q1 FY23. Total income rose to Rs 4,978.80 crore in the June quarter from Rs 6,029.86 crore recorded in Q1 FY23.

Prestige Estates Projects: The company reported consolidated net profit of Rs 317.8 crore in Q1 FY24 as against a net profit of Rs 251.1 crore in Q1 FY23. Total income fell to Rs 1966.3 crore in the June quarter from Rs 2011.8 crore recorded in Q1 FY23.

Siemens: The company reported 43.4% rise in consolidated net profit to Rs 424 crore on 14% rise in revenue to Rs 4407 crore in the third quarter ended 30 June 2023 over the third quarter ended 30 June 2022.

Lupin: Global pharma major Lupin announced that its wholly-owned subsidiary, Novel Laboratories Inc., based in Somerset, New Jersey, has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Fluocinolone Acetonide Oil, 0.01% (Body Oil), a generic equivalent of DermaSmoothe, of Hill Dermaceuticals, Inc.

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