Cement stocks expect a strong bounce back in volumes
Sun, May 23, 2021 10:06 PM

Cement stocks expect a strong bounce back in volumes

A Flip by Flipitnews
Get it on Google Play
Cement headed towards recovery track along with the primary infra provider. Fueled by the awaited rural demand and state expenditure on roads, ports, and other capital-intensive projects that would need concrete in abundant quantities. So, the stellar Q4 show should continue, well into FY22. Volumes in Q4 expanded more than a fourth, and nearly 13% sequentially.

More great flips

Why Alphabet Shares Are Trading Higher By 12%

Why Alphabet Shares Are Trading Higher By 12%

Shares of Alphabet Inc. GOOGL GOOG rose sharply in today's pre-market trading the company posted upbeat results for its first quarter. Google parent Alphabet said its first-quarter revenue increased 15% year-over-year to $80.539 billion, beating the consensus estimate of $78.594 billion. The company reported quarterly earnings of $1.89 per share, beating analyst estimates of $1.51 per share.

Open Flip
Gaming Startup WinZO’s FY23 Revenue Surges Nearly 3X To INR 674 Cr

Gaming Startup WinZO’s FY23 Revenue Surges Nearly 3X To INR 674 Cr

Online gaming startup Winzo saw its consolidated operating revenue zoom nearly 3X to INR 673.94 Cr in the financial year ended March 31, 2023 (FY23). The Delhi NCR-based gaming major reported an operating revenue of INR 233.89 Cr in the previous fiscal year. Despite the increase in operating revenue, WinZO’s net loss zoomed 1.9X to INR 710.15 Cr in FY23 from INR 370.1 Cr in the previous fiscal yr.

Open Flip
Yen drops to a fresh 34-year low as Bank of Japan keeps key rate unchanged

Yen drops to a fresh 34-year low as Bank of Japan keeps key rate unchanged

The yen’s relentless decline continued in the wake of the Bank of Japan keeping its key interest rate unchanged, with the currency touching a fresh 34-year low versus the dollar. It weakened 0.3% to 156.18 as of 1:39 p.m. in Tokyo. The extended slump has heightened speculation that authorities may intervene in the market as soon as today, with further risks to come later.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon