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Time of India
a day ago
- Business
- Time of India
Thyrocare Technologies shares jump 13% after Q1 PAT surges 60% YoY
Shares of Thyrocare Technologies surged 13% to hit the day's high of Rs 1,357.85 on the NSE on Thursday following the company's Q1 earnings where it reported a 60% year-on-year jump in its net profit at Rs 38 crore versus Rs 24 crore in the year-ago period. The company's revenue from operations also surged in double-digits, rising by 23% to Rs 193 crore compared to Rs 157 crore in the corresponding quarter of the last financial year. 23%. Explore courses from Top Institutes in Please select course: Select a Course Category Others Degree Finance others healthcare Leadership Public Policy Design Thinking CXO Product Management MBA Project Management Cybersecurity MCA Artificial Intelligence Data Science Digital Marketing Data Science PGDM Operations Management Healthcare Management Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About trendingresults Undo The gross margin was reported at Rs 137 crore in the quarter under review versus Rs 111 crore in the year ago period, witnessing a 23% growth. The normalised EBITDA (before ESOP) stood at Rs 63 crore versus Rs 45 crore, a 42% YoY jump while the normalised EBITDA margin was reported at 33% in Q1FY26 versus 29% in Q1FY25. The consolidated Gross Margin stood at 71%, with reported EBITDA margin at 30%. Live Events The earnings were announced on Wednesday after market hours. The company said that its Pathology Business Franchise revenue grew by 20% YoY, while partnership revenue surged by 36% YoY. Total test volume reached 46.9 million in Q1FY26, reflecting a 15% YoY increase. The diagnostic company opened new labs in Bhagalpur, Kashmir and Roorkee in the quarter ended June 30, 2025. Thyrocare Technologies is an automated laboratory chain with presence across India. Thyrocare provides diagnostic services to laboratories and hospitals.
Time of India
2 days ago
- Business
- Time of India
Indosol Solar seeks to tap into govt support, eyes 10GW capacity by 2026
Indosol Solar Ltd, a key player in India's solar manufacturing sector, is setting ambitious goals for growth, with plans in the works for a capacity of 10 gigawatts by 2026, leveraging government incentives designed to promote domestic production, news agency Bloomberg reported on July 23. Currently, Indosol operates a 500-megawatt solar module line in Andhra Pradesh, which is set to double in capacity by the end of this year, Bloomberg's report said quoting Chief Operating Officer Balachander Krishnan. Explore courses from Top Institutes in Please select course: Select a Course Category Finance MCA Project Management Artificial Intelligence Product Management Management CXO Data Science Technology PGDM Data Science Data Analytics Others Healthcare Digital Marketing others Public Policy MBA Design Thinking Leadership Cybersecurity Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details The Indian solar manufacturing landscape is undergoing significant transformation, spurred by Modi government's initiative to reduce reliance on imports and enhance local production of clean energy technologies. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About trendingresults Undo This shift is particularly crucial as the market has been heavily dominated by China, which controls essential technologies necessary for scaling up India's solar production capabilities. Indosol is optimistic about the future, with plans to expand its production lines from ingots to modules by the end of 2024. Krishnan highlighted that the company has already made substantial progress in securing necessary equipment from Linton Technologies Group, a Chinese firm with operations in Vietnam. Live Events This development aims to ease concerns regarding technology access that have previously hindered India's solar ambitions. As Indosol moves forward, it is also in advanced discussions with potential investors. These talks could lead to a partnership, possibly including an offtake arrangement, and are expected to be finalised within the next three months. However, Krishnan refrained from providing specific details about the negotiations. Meanwhile, Indosol's larger competitor, Reliance Industries Ltd., has announced plans for its clean energy gigafactories to commence operations next year. Reliance is also on the lookout for investors to support its expansion in the renewable energy sector.
Time of India
5 days ago
- Business
- Time of India
US Stock market prediction: Will Wall Street perform in green on Monday?
US Stock Market 's strength will be tested as earnings season heats up. Momentum for the industrials sector and the broader market will be in focus with a heavy upcoming week of second-quarter earnings, which includes reports from more than one-fifth of the S&P 500, led by Alphabet and Tesla, the first of the "Magnificent Seven" megacap tech and growth companies to report. The S&P 500 has surged 26 per cent since April, as investors shook off fears about a recession which had stemmed from President Donald Trump's "Liberation Day" tariff announcement. Explore courses from Top Institutes in Select a Course Category Data Science Data Science Product Management Operations Management others Design Thinking CXO Finance Technology Artificial Intelligence MBA Project Management MCA Healthcare Data Analytics Cybersecurity PGDM healthcare Degree Digital Marketing Management Leadership Public Policy Others Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details This earnings season "seems to be especially important because of the rebound that the market has had," said Chuck Carlson, chief executive officer at Horizon Investment Services. "I would think that that has built in a fair amount of optimism in terms of earnings." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About Youtube Undo A number of industrials will be in the earnings spotlight as well. Aerospace and defense stocks have boosted the sector's performance this year, driven by heightened geopolitical tensions in the Middle East and Ukraine and fresh spending commitments by Germany and other nations. Live Events The S&P 500 aerospace and defense industry group has surged 30 per cent this year. Defense companies to report in the coming week include RTX, Lockheed Martin and General Dynamics. GE Aerospace, whose shares have soared about 55 per cent this year, raised its 2025 profit forecast on Thursday. Another industrial company spun off from legacy General Electric last year, GE Vernova, has seen its shares skyrocket over 70% this year, making it the best-performing industrial sector stock. The power equipment maker's results are due Wednesday. The push for reshoring infrastructure and expansion of artificial intelligence, which has lifted demand for cooling systems and factory automation, are two themes that have supported a number of stocks in the industry, including Eaton and Rockwell Automation, said Robert Pavlik, senior portfolio manager at Dakota Wealth Management. Another stock that has supported the industrial sector this year: Ride-hailing giant Uber, whose shares are up roughly 50 per cent. "Unlike many non-Tech groups, there are a lot of solid stories here that don't rely on macro forces to deliver solid forward returns," Nicholas Colas, co-founder of DataTrek Research, said in a note on Wednesday. Large cap industrials still look attractive despite the group's recent run, Colas said. Indeed, while industrials have been viewed historically as closely tied to the fortunes of the economy, declines for a number of growth-cycle-linked stocks have weighed on the sector's performance. Shares of package delivery firms UPS and FedEx have posted sharp declines, while airlines including United Airlines and trucking companies such as JB Hunt Transport Services are also negative for the year. "There are economically sensitive (areas) within industrials that are not doing well," said Walter Todd, chief investment officer at Greenwood Capital. Other industrial companies slated to report in the coming week are Honeywell , Union Pacific and United Rentals. Beyond earnings, Wall Street will continue to focus on any developments on trade ahead of August 1, when higher U.S. tariffs on numerous trading partners are set to take effect. Investors will also be sensitive to news on the Federal Reserve, with Fed Chair Jerome Powell facing fresh pressure from Trump to resign as the president presses the central bank to lower interest rates. The Fed's next monetary policy meeting is July 29-30. The S&P 500 has climbed about 7 per cent so far this year. FAQs Q1. What are key indexes of US Stock Market? A1. Key indexes of US Stock Market are S&P 500, Dow Jones, and Nasdaq . Q2. How has S&P 500 performed? A2. The S&P 500 has climbed about 7 per cent so far this year.
Time of India
28-05-2025
- Sport
- Time of India
Frank Nazar ends 92-year gold medal drought with stunning Team USA performance
Frank Nazar ends 92-year gold medal drought with stunning Team USA performance (Image Source: Getty Images) Frank Nazar was already noted in both the NHL and AHL before joining Team USA. The Chicago Blackhawks selected him; his first season in the NHL will be 2023–24. He also played for the Rockford IceHogs and the University of Michigan in that year. He had the most points on the team and displayed his tremendous talent to everyone. Frank Nazar played in ten matches and posted twelve points. He was also among the top three U.S. players in the competition. Frank Nazar demonstrates his talent on an international stage Frank Nazar had played in the NHL and the AHL before representing Team USA. The Chicago Blackhawks chose him, and he has spent two years in the NHL. In 53 games, he finished his first full NHL season with 12 goals and 26 points. Nazar could have competed for Team USA in the world championship at the conclusion of the season. — nhlpa (@nhlpa) Initially, the team did not perform well. They were defeated by Switzerland and managed to win against Norway by the narrowest of margins. But following that overtime victory, things took a different turn. The team began performing better and communicating with each other. Frank Nazar described, "We were not good early, but after beating Norway, we all came together. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About! Expertinspector Click Here Undo We played for one another. It was special." Also Read: Connor Bedard Relishes The Chicago Blackhawks' Future Through Rebuilding Frank Nazar envisions NHL playoff success Frank Nazar was kept busy for a couple of days following the giant victory. The match was late, and there was much celebration. He did not even sleep before returning home. However, when he arrived home, had dinner with his mom, and rested, he understood the significance of the victory. He admitted he had no idea it had been 92 years since the U.S. had won the tournament. That made the victory so much sweeter for him. Today, Frank Nazar would like to take that same passion to the NHL playoffs someday. He said he watched the Stanley Cup Playoffs and wished he was the one scoring a big goal. "There's nothing like winning a playoff game," he said. This summer, he will be spending time relaxing with family, fishing, golfing, and continuing to train. Nazar's big moment in front of Team USA can be the start of a super career. Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.
Time of India
21-05-2025
- Sport
- Time of India
MP has a ball at Khelo India beach games, bags 5 medals, including gold, in majestic haul
Bhopal: The Madhya Pradesh team made a remarkable impact on day three of the Khelo India Beach Games , particularly in the mallakhamb and pencak silat events. MP won five medals including a gold in the Games so far. The inaugural Khelo India Beach Games at Ghoghla Island, Diu, is showing promising competition across various sporting disciplines. The event, scheduled from May 19 to 24, 2025, has drawn talented athletes from across India. A 50-member squad is participating from MP in the Games. The Khelo India Beach Games continue to showcase exceptional sporting talent across multiple disciplines. The picturesque Ghoghla Island provides an ideal backdrop for these competitive events, where athletes are demonstrating remarkable skill and determination. In the mallakhamb Women's Team Championship, the competition was incredibly close. Madhya Pradesh secured the silver medal with 80.5 points, narrowly missing gold to Chhattisgarh, who scored 80.6 points. Maharashtra claimed the bronze with 78.5 points. The men's pyramid championship saw Madhya Pradesh clinch gold with an impressive 28.50 points, while Chhattisgarh and Tamil Nadu followed with silver and bronze, respectively. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About! Expertinspector Click Here Undo The Pencak Silat events showcased exceptional talent. In the Regu Team Event, the Madhya Pradesh trio of Vishakha Kol, Pinky Kol, and Anushree Kushwaha secured bronze. The Solo Individual Event saw Disha Reddy from Madhya Pradesh claim silver, while the Individual Tunggal competition resulted in Bhumika Jain securing another silver medal for the state. Sports minister Vishwas Kailash Sarang's congratulations to the medallists boosted team morale.
