The management foresees uptick in demand across the paint industry to be driven by strong expansion in the infrastructure, core sector, automotive, and real estate industries.
The company's board will meet on August 9, 2022 to consider the proposal for issuance of bonus equity shares and June quarter results.
The technical analyst from HDFC Securities said traders should wait for correction to enter fresh longs on the Nifty index.
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
At 11:25 AM; with a market-cap of Rs 3.07 trillion Adani Enterprises stood at 18th position in the overall market-cap ranking among the BSE listed companies, the exchange data showed
CLOSING BELL: losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance
On July 29, 2022, the bank announced to raise equity capital of around 1.1 billion (Rs 8,900 crore) from funds affiliated with two global private equity investors - Carlyle and Advent International.
Analysts believe ITC would be able to continue to grow in high single digit in cigarettes & log a double-digit growth in all the other segments going forward.
At 10:41 AM; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2.5 per cent, as compared to 0.43 per cent decline in the Nifty50 index.
The contribution as a percentage of gross order value (GOV) increased to 2.8 per cent in Q1FY23, against 1.7 per cent in Q4FY22, driven by improvements on both cost and revenue sides.
The technical analyst from Anand Rathi advises traders to buy MTAR Tech near Rs 1,300 for an upside target of Rs 1,500 in the coming weeks.
Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore
CLOSING BELL: M&M (up 6 per cent) was the top Sensex gainer, followed by RIL, Maruti Suzuki, Bharti Airtel, Power Grid, Kotak Bank, Ultratech Cement, ITC, NTPC, SBI, Axis Bank, and Titan
The company, on Saturday, recorded 100,000 bookings for the All-New Scorpio-N within 30 minutes of the booking commencement, translating into an ex-showroom value of nearly Rs 18,000 crore
This comes after airline regulator Director General of Civil Aviation (DCGA) curtailed flight operations to only 50 per cent for eight weeks
Metro Brands reported a consolidated net profit of Rs 105.78 crore, while revenue grew 3.5-fold in the June 2022 quarter.
ITC Q1FY23 results preview: Analysts expect the company to report revenue growth of over 20 per cent over the previous year on the back of healthy cigarettes and hotels business
The bank's NII grew by 26 per cent YoY, and the asset quality also improved considerably.
Consequent to the capital infusion, YES bank's CET-1 ratio (based on FY2022) would improve by 380bps to 15.4 per cent and total capital adequacy ratio would improve to 21 per cent
Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.