India's tech industry is ruling out a US recession. Or so you would think from Infosys Ltd.'s cheery forecast of 14 per cent to 16 per cent annual revenue growth
ICICI Bank can rally to a new high if the stock manages to sustain above its 200-DMA; Infosys and UltraTech Cement too look promising, while Rs 2,350-level remains the key for Reliance Industries.
Axis Bank Q1 Results: In FY22, the bank doubled its net profit to Rs 13,025 crore. The operating profit of the bank grew by 13 per cent YOY & 5 per cent QOQ, in Q4FY22
Tata Steel to announce Q1FY23 results on Monday; company plans Rs 12,000 cr investment in India and Europe
Stocks to watch today: Axis Bank, Tata Steel will report their June quarter 2022 results (Q1FY23) on Monday, July 25; Infosys delivered net profit for Q1 below street expectations at Rs 5,360 crore.
The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip
While Street is bullish on retail, Jio prospects, near-term O2C outlook led to cuts
RIL did point to these recessionary fears at its investor call, saying it remained a challenge for oil companies
ICICI Securities client growth moderated to 27.7 per cent to 450,000, while active customers rose only 5.3 per cent QoQ to 3.2 million
Its net profit for Q1FY23 was below expectations at Rs 5,360 crore, up 3.2 per cent year-on-year (YoY) but was down 5.7 per cent sequentially
First sequential contraction in corporate earnings after 4 quarters of expansion
ICICI Bank's net profit decreased 1.6 per cent from Rs 7,018.71 crore at the end of the January-March quarter
The gross revenue of the company is Rs 2,731.01 crore which is higher by 44.25 per cent over the corresponding quarter of the FY22
The Board has approved a proposal to seek shareholders' nod for raising further equity capital up to Rs 1,000 cr
Bank's standalone net profit was up 26% YoY, aided by loan growth and lower provisions
YES Bank's net interest income rose by 32 per cent in Q1FY23 to Rs 1,850 crore from Rs 1,404 crore in Q1FY22
ICICI Bank PAT declined from Rs 7,018.71 crore recorded in the preceding quarter
YES Bank on Saturday reported 50 per cent increase in net profit at Rs 311 crore for June quarter 2022-23 on fall in provisions for bad loans, and healthy income growth
Public procurement by public sector undertakings (PSUs) from micro and small enterprises rose nearly 11 per cent year-on-year (YoY) to Rs 41,699 crore in the fiscal year 2020-21
"Recession fears are overtaking oil market fundamentals, resulting in lower prices and margins," Reliance's Joint Chief Financial Officer V. Srikanth said in a post-earnings call Friday