According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year. Meanwhile, net profit after tax is likely to surge up to 54% YoY.
Coal India s Q4 performance shows promising growth, with higher EBITDA and net profit. Strong operational show expected for the quarter ended March 2024, driven by lower employee costs and other strategic measures.
On a five-year basis, the Nifty50 index has given a return of 70.37 percent, thus outperforming the HDFC stock by a considerable margin. The HDFC stock has only given a return of 46.15 percent during the same period.