Page 42 - Q2 Results

Sensex gains 383pts, broader indices outperform; Tata Steel up 4%, RIL 2.4%

The BSE Midcap index gained 1.8 per cent, while the Smallcap index rallied 2.2 per cent. All sectoral indices also ended with gains, Realty, Metal and Consumer Durables were the major gainers

Zee Entertainment cancels board meeting on quarterly results

The media company has been embroiled in a legal dispute regarding a board revamp and management changes with two Invesco-controlled funds

Canara Bank net profit jumps over two times to Rs 1,333 cr in Sep qtr

State-run Canara Bank on Tuesday reported over two-fold jump in its net profit at Rs 1,332.61 crore in second quarter ended September of this fiscal. The bank had posted net profit of Rs 444.41 crore in the same period of the previous fiscal year. Total income of the bank also rose to Rs 21,331.49 crore during July-September period of 2021-22, as against Rs 20,793.92 crore in same period of 2020-21, Canara Bank said in a regulatory filing. Bank's gross non-performing assets (NPAs) were a tad up at 8.42 per cent of the gross advances as of September 30, 2021, as against 8.23 per cent by end of September 2020. However, it fell sequentially from 8.50 per cent by end of June 2021 quarter. In value terms, the gross NPAs stood at Rs 57,853.09 crore, up from Rs 53,437.92 crore. Net NPAs (bad loans), however, fell to 3.21 per cent (Rs 20,861.99 crore) from 3.42 per cent (Rs 21,063.28 crore). Provisions for bad loans and contingencies for the reported quarter fell to Rs 3,360.23 crore fro

How higher input costs will impact India Inc and markets

From early-bird corporate results for the July-September quarter, it might appear that India Inc is doing well in terms of sales, but there is a squeeze on margins. What does that mean for companies?

TMS, Ep 28: Q2 results, capital account convertibility, in-app purchases

Q2 results: What do thinning margins mean for India Inc? What are the red flags in Capital Account Convertibility plan? Which stocks will be worst hit in valuation-based correction? All answers here

Tech Mahindra at new high, rallies 7% on healthy September quarter numbers

The company maintained its guidance of double-digit organic revenue growth for FY22 and 15 per cent EBIT margin

TVS Motor rides strong on Q2 beat, EV plans and capex; stock up 7.5%

While improving volumes is positive, the decision to set up a subsidiary for the EV business and a Rs 1,000-crore investment is a key trigger

ICICI Bank: Rally spurred by Q2FY22 results likely to sustain, say analysts

Most analysts are very optimistic, and believe it is the best pick among private banks

Higher costs dent Tata Consumer's performance in September quarter

Cost pressures to sustain as company is committed to increasing advertising spends

Home First Finance Q2 net profit rises 213%, total income up 34%

The total income grew 34 per cent to Rs 146 crore in Q2FY22 from Rs 109 crore a year ago.

Ceat Q2 net profit skids 77% to Rs 42 crore on higher input costs

Tyre maker Ceat Ltd on Monday reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, impacted by higher input costs

ICICI Bank shares zoom 11% after record Q2 profit; m-cap jumps Rs 57k cr

Shares of ICICI Bank on Monday jumped over 11 per cent after the company reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore in the September quarter. The stock jumped 10.80 per cent to close at Rs 841.05 on BSE. During the day, it zoomed 13.25 per cent to its record high of Rs 859.70. On NSE, it gained 11.51 per cent to settle at Rs 846.75. The company's market valuation rallied by Rs 56,959.85 crore to Rs 5,83,350.85 on BSE. ICICI Bank was the biggest gainer in the Sensex pack. In volume terms, 27.87 lakh shares were traded on BSE and over 9.61 crore shares on NSE. ICICI Bank on Saturday reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore for September quarter 2021-22 on the back of healthy loan growth across verticals, aided by fall in bad loans. The lender had posted a standalone net profit of Rs 4,251 crore in the year-ago period. "This would be the highest net profit ever...our capital is growing, the economy is gr

Aditya Birla Sun Life AMC second quarter profit up 38% to Rs 173 cr

The company had posted a profit after tax of Rs 125.4 crore in the year-ago period

Colgate-Palmolive India second quarter profit down 2% to Rs 269 cr

The company posted a net profit of Rs 274.19 crore in July-September period a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing.

Sensex snaps 4-day losing streak, ends 145 pts up; broader indices decline

Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each

CSB Bank soars 10% as Q2 net profit rises 72% YoY; pares gains later

Net profit was aided by higher net interest income (NII) and lower provisioning

RIL, ICICI Bank: Charts indicate up to 11% upside for these heavyweights

Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level

Tatva Chintan soars 17% on robust Q2 nos; stock up 130% from issue price

In Q2FY22, the company's consolidated net profit jumped an over nine-fold to Rs 32.41 crore against Rs 3.56 crore in Q2FY21

Asian Paints slips 10% in 3-days post Q2 results; stock at 5-month low

With regards to the whistleblower's claim of related party transaction, Asian Paints has clarified the transactions were undertaken in compliance with law and there was no basis for the allegations

Stocks to Watch: RIL, HDFC AMC, ICRA, SRF, Tech Mahindra, Ceat, ICICI Bank

The markets are likely to react to Reliance and ICICI Bank results at the opening bell today