Stocks to watch today: Wipro inked multi-year digital transformation partnership with fintech firm Finastra; HPCL aims to raise around Rs 10,000 crore in debt to fund oil refining operations
Consolidated earnings before interest tax depreciation and amortisation (Ebitda) declined by 29 per cent YoY in Q2 to Rs 5,743 crore on higher input costs
Further gains in margins and growth acceleration in the fashion section are potential triggers
On a sequential basis, the bank's net profit rose 67.7 per cent from Rs 7.75 crore in April-June
Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year
This is the first quarter where the food aggregator crossed the billion-dollar mark in annualized revenue, Zomato revealed
Tata Motors reported a 30 per cent year-on-year (YoY) growth in revenues while operating profit saw a 35 per cent jump
The company is confident that it will return to operational profitability in Q3
Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
The company attributed the performance to strong and broad-based growth across markets and channels
The initial capacity to be set up would be 265,000 tonnes per annum. In addition, clinker grinding would be set up in India as well
More than the monetary policy decision, the RBI's assessment of inflation and growth propelled the markets, said experts
Firms raised a total of Rs 36,535 cr in the period, 30.2% less than Rs 52,325 cr last yr
At the last close, the company was valued at Rs 4,424 crore
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
At 09:15 am; around 22.68 million equity shares representing 5.65 per cent of the total equity of Syngene changed hands on the BSE, the exchange data shows.
Leading stock exchanges BSE and NSE on Monday announced that they have taken measures for standardising the disclosures made by listed companies pertaining to the critical information for investors. Listed firms are required to submit periodical compliance filings to stock exchanges within the prescribed timelines. Under the measures, stock exchanges have implemented new XBRL-based compliance filing mechanism featuring identical and homogenous compliance data structures. The move will not only ease the compliance burden on listed entities but would also enable analytics on the data submitted by them, BSE and NSE said in a joint statement. XBRL-based filings for equity, debt, Real Estate Infrastructure Trust (REIT), Infrastructure Investment Trust (InvIT) have been released by both the exchanges to facilitate the input of the critical clauses of Sebi's LODR (Listing Obligations and Disclosure Requirements) Regulations. "We believe that these steps shall enhance the transparency an
Between 2011-12 and FY22, the market value of FPI holdings had increased at an annualised rate of 16.5 per cent in local currency terms and a modest 11.5 per cent in US dollar terms
CLOSING BELL: Tata Steel, Kotak Bank, IndusInd Bank, Nestle, Infosys, Asian Paints, and Tech M were the other outperformers, up between 3 per cent and 4.6 per cent
CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent