No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, May 10, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Radhakishan Damani-backed VST Industries shares jumps 15% as Q4 profit doubles to Rs 116 crore

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 2 mins read
A A
Radhakishan Damani-backed VST Industries shares jumps 15% as Q4 profit doubles to Rs 116 crore
Share on FacebookShare on TwitterShare on LInkedIn


VST Industries shares attracted strong investor interest on Friday, with the stock surging 15.41% to Rs 278.71 in intraday trade, driven by a sharp rise in profits and robust operating performance.

For Q4 FY26, VST Industries reported a remarkable 120% year-on-year jump in net profit to Rs 116.7 crore, more than doubling from Rs 53 crore in the same quarter last year.

Revenue from operations also saw a substantial increase, rising 52% to Rs 689 crore compared to Rs 453 crore a year ago, highlighting strong demand and effective execution.

Operationally, the company remained solid, with EBITDA climbing 61% to Rs 450 crore from Rs 279 crore last year. The margin expansion reflects improved efficiencies and favourable market conditions.

The company attributed its performance to strong fundamentals and market-driven initiatives, which have helped revive volumes and drive growth.

Live Events

Overall, the upbeat results have reinforced investor confidence, positioning VST Industries as a stock to watch amid a broader market recovery.On the valuation front, VST Industries is currently trading at a price-to-earnings (P/E) ratio of 17.95, while its price-to-book (P/B) ratio stands at 3.1, indicating the stock is valued at a little over three times its net asset value.From a momentum perspective, the 14-day Relative Strength Index (RSI) stands at 65.2. Since RSI values below 30 typically signal that a stock is oversold and above 70 indicate overbought conditions, the current level suggests the stock is approaching the higher end but is not yet overbought.

Technically, the trend appears strong and positive, with the stock trading above all 8 out of 8 Simple Moving Averages (SMAs). This alignment is generally considered bullish, indicating sustained upward momentum across short- to long-term timeframes.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



Source link

Tags: croreDamanibackedDoublesIndustriesjumpsprofitRadhakishansharesVST
ShareTweetShare
Previous Post

Brazil Quietly Shifts Away From The Dollar To Gold

Next Post

Why emotional biases may be riskier than market swings

Related Posts

edit post
Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

by TheAdviserMagazine
May 10, 2026
0

A Malaysian property developer founded six decades ago as a plastics trader is repositioning itself for the artificial intelligence era,...

edit post
If You’d Invested Just ,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

by TheAdviserMagazine
May 10, 2026
0

Nvidia (NASDAQ: NVDA) is widely considered the most dominant "pick-and-shovel" maker in the artificial intelligence (AI) gold rush. Indeed, if...

edit post
Great chip melt-up shows no signs of abating – WSJ

Great chip melt-up shows no signs of abating – WSJ

by TheAdviserMagazine
May 10, 2026
0

May 10, 2026, 1:27 PM ETVanEck Semiconductor ETF (SMH), SOXXSPY, AAPL, IVV, GOOG, INTC, MU, VOO, GOOGL, SNDKBy: Kim Khan,...

edit post
Frontier swoops in after Spirit fails while rivals cut capacity

Frontier swoops in after Spirit fails while rivals cut capacity

by TheAdviserMagazine
May 10, 2026
0

While most airlines in the US are cutting back on capacity expansion — or reducing flying overall — Frontier Group...

edit post
JFrog jumps 24% after strong Q1 results

JFrog jumps 24% after strong Q1 results

by TheAdviserMagazine
May 10, 2026
0

Israel software company JFrog (Nasdaq: FROG) saw its share price jump 23.7% on Friday after reporting strong first quarter...

edit post
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

by TheAdviserMagazine
May 10, 2026
0

The national debt is set to reach $40 trillion in the near future if it continues to grow at its...

Next Post
edit post
Why emotional biases may be riskier than market swings

Why emotional biases may be riskier than market swings

edit post
Paying Off The House? Not An Emergency

Paying Off The House? Not An Emergency

  • Trending
  • Comments
  • Latest
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

April 23, 2026
edit post
Insights on Global Academic Credential Trends: An Interview with Ari Mihael, Director of Educational Standards at WES

Insights on Global Academic Credential Trends: An Interview with Ari Mihael, Director of Educational Standards at WES

0
edit post
The Latest Medicare Rule Changes Could Delay Care for Older Americans

The Latest Medicare Rule Changes Could Delay Care for Older Americans

0
edit post
Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

0
edit post
Hotstocks KW 19 / 2026 – Aktien im Bereich Software-Infrastruktur

Hotstocks KW 19 / 2026 – Aktien im Bereich Software-Infrastruktur

0
edit post
The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

The Sunday Morning Movie Presents: The Man Who Stole The Sun (1979) Run Time: 2H 27M Plus Bonus Short Silent Film!

0
edit post
Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot

Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot

0
edit post
Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth

May 10, 2026
edit post
The Latest Medicare Rule Changes Could Delay Care for Older Americans

The Latest Medicare Rule Changes Could Delay Care for Older Americans

May 10, 2026
edit post
If You’d Invested Just ,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today

May 10, 2026
edit post
Hotstocks KW 19 / 2026 – Aktien im Bereich Software-Infrastruktur

Hotstocks KW 19 / 2026 – Aktien im Bereich Software-Infrastruktur

May 10, 2026
edit post
Why More Seniors Are Choosing Multi-Generational Living Over Traditional Retirement Communities

Why More Seniors Are Choosing Multi-Generational Living Over Traditional Retirement Communities

May 10, 2026
edit post
Great chip melt-up shows no signs of abating – WSJ

Great chip melt-up shows no signs of abating – WSJ

May 10, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth
  • The Latest Medicare Rule Changes Could Delay Care for Older Americans
  • If You’d Invested Just $5,000 in Nvidia 10 Years Ago, You’d Be Sitting on This Fortune Today
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.