The company's Q1 numbers missed Street estimates as far as net profit is concerned. Analysts had pegged PAT growth between 200 and 300 per cent on year
Stock market live updates: As of 7:45 AM, the SGX Nifty Futures quoted at 16,475 levels, indicating a downside of 8 odd-points on the Nifty50.
FPIs holding in ITC increased to 12.68% in June quarter from 11.99% in the preceding quarter and 9.99% at the end of December quarter.
Dr Reddy's Labs Q1 results preview: Analysts said that despite pricing pressures in the US, the company is likely to have recorded steady growth in this segment due to a ramp-up of new products.
In Q1, South Indian Bank's gross advances saw a growth of 10.95 per cent compared to the same period last financial year
The company aims at capacity expansion and increased infrastructure and facilities to meet growth in demand.
Analysts believe that the company's strong order book position at Rs 363,448 crore suggests good revenue visibility in the coming years.
Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
Will UPI on credit cards take off? Should India be worried about monkeypox? Will easing chip shortage perk up auto firms' Q1 commentary? What is the DESH Bill? All answers here
Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.
Tata Motors Q1 results preview: The likely subdued performance would be led by chip shortage woes at UK subsidiary JLR, cost input pressures, and negative operating leverage, said analysts
Analysts would look out for guidance on industry demand outlook, both rural and urban, and if there is any visible impact of the current inflationary pressure
But sequentially, it declines 53% amid inflationary pressure & Rs depreciation
Company has increased capex for the business to tap into new opportunities
IndiGrid is India's first and largest Infrastructure Investment Trust in the power transmission sector.
Asian Paints Ltd on Tuesday reported an 80.39 per cent increase in its consolidated net profit to Rs 1,036.03 crore for the first quarter ended on June 30, 2022
Union Bank of India on Tuesday reported a 32 per cent rise in standalone net profit to Rs 1,558.46 crore for the quarter ended June 2022, helped by a fall in bad loans
CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday
Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022