Page 15 - Q1 Results
Insurance stocks: Analysts see decent upside in HDFC Life, ICICI Lombard
Though Q1 was disappointing, there are triggers that could lead to improvement in the performance of the two insurers
 "Insurance stocks: Analysts see decent upside in HDFC Life, ICICI Lombard")
Wipro's Q1 net profit declines 21% over acquisitions, talent cost
Despite a below-expectation showing, IT major expects double-digit growth in FY23
 "Wipro's Q1 net profit declines 21% over acquisitions, talent cost")
IndusInd Bank Q1 net up 64% to Rs 1,603 cr on surge in net interest income
On the asset quality front, IndusInd Bank's gross non-performing asset ratio was at 2.35 per cent as on June 30
 "IndusInd Bank Q1 net up 64% to Rs 1,603 cr on surge in net interest income")
Top headlines: FRL to go under insolvency at NCLT; Wipro Q1 net falls 21%
Business Standard brings you the top headlines this hour
 "Top headlines: FRL to go under insolvency at NCLT; Wipro Q1 net falls 21%")
Wipro Q1 results: Net profit falls 21% to Rs 2,564 cr as expenses rise
Revenue from operations rose nearly 18% to Rs 21,529 crore
Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors
Stock market live updates: At 7:25 AM, the SGX Nifty Futures quoted at 16,512 levels, indicating a gap-up of 172 odd-points.
 "Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors")
ICICI Lombard General Insurance dips 5% post June quarter earnings
The country's largest private sector general insurer reported 80 per cent YoY growth in net profit at Rs 349 crore in Q1FY23 on the back of a healthy growth in premium income.
 "ICICI Lombard General Insurance dips 5% post June quarter earnings")
Q1 impact: Hindustan Unilever can rally to Rs 3,000-mark, indicates chart
The HUL chart has seen breakout of the 'Inverse Head and Shoulder' after the stock conquered the Rs 2,400-level, thus indicating an upside target of Rs 3,000 in the medium-term.
 "Q1 impact: Hindustan Unilever can rally to Rs 3,000-mark, indicates chart")
Hatsun Agro breaches Rs 2,000 crore sales mark in Apr-Jun quarter
Dairy products maker Hatsun Agro Products has crossed the Rs 2,000 crore sales mark during the quarter ending June 30, 2022 for the first time, the company said
 "Hatsun Agro breaches Rs 2,000 crore sales mark in Apr-Jun quarter")
This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month
Shares of Federal Bank hit a three-year high at Rs 109.40, and have gained 12 per cent in the last four trading sessions on the back of healthy Q1 performance.
 "This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month")
Wipro Q1FY23 results: A look at the performance in the last four quarters
Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at $406.9 million. However, it was lower than the net income in Q1FY22, reported at $434.8 million
Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%
Consolidated net sales rose 15.1 per cent to Rs 7,943 crore in the April-June period versus the same period last year
 "Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%")
ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income
The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period
 "ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income")
HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%
Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures
 "HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%")
HDFC Life Q1 net up 21% to Rs 365 cr on VNB surge, lower mortality reserves
VNB up 25% YoY to Rs 510 cr, annualised premium equivalent grew 22% to Rs 1,904 cr; Solvency ratio at 178%, slightly above the regulatory norm of 150%
L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins
Firm expects NIM plus fees to stay above 8% in FY23
 "L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins")
RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$
CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
 "RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$")
Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds
Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.
 "Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds")
TMS Ep218: Remittance to India, over-tourism, markets, mobile security
What's the significance of the US remittances to India? Why over-tourism may spell trouble for tourist spots? Why are Infosys and Wipro staring at modest Q1 revenues? What's Apple's Lockdown Mode?
 "TMS Ep218: Remittance to India, over-tourism, markets, mobile security")
Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23
After IT majors TCS and HCL Technologies disappointed the Street with somber June quarter numbers, analysts expect Infosys and Wipro to follow a similar trend. Find out what investors should expect
 "Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23")
