Page 41 - Q3 Results
Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks
Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup
 "Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks")
Testing time for RIL; will the stock manage to hold its one-year support?
The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.
 "Testing time for RIL; will the stock manage to hold its one-year support?")
Deepak Nitrite dips 9% on margins disappointment in December quarter
In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.
 "Deepak Nitrite dips 9% on margins disappointment in December quarter")
Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap
Meanwhile, the company has issued a clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited
 "Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap")
Deepak Nitrite Q3 consolidated net profit up 12% at Rs 242.46 crore
The company posted a net profit of Rs 242.46 crore for the quarter against Rs 216.56 crore in the year-ago quarter
 "Deepak Nitrite Q3 consolidated net profit up 12% at Rs 242.46 crore")
Supreme Industries Q3 net profit down 21.3% to Rs 245.72 crore
The company had posted a net profit of Rs 312.28 crore during the October-December quarter of the previous fiscal
 "Supreme Industries Q3 net profit down 21.3% to Rs 245.72 crore")
ICICI Bank may become 'super banktech'; analysts see 37% upside post Q3 nos
Analysts have upped their one-year target price for ICICI Bank due to its consistent delivery over the last few years, which, they say, reflects an 'impressive turnaround'
 "ICICI Bank may become 'super banktech'; analysts see 37% upside post Q3 nos")
Shriram Transport Finance Co's Q3 net profit dips 6% to Rs 681 crore
Revenue from operations during the quarter under review was up 6% to Rs 4,661 crore
 "Shriram Transport Finance Co's Q3 net profit dips 6% to Rs 681 crore")
Axis Bank Q3 net up 224% to Rs 3,614 cr on better interest margins
Net Interest Income rose 17% YoY basis to Rs 8,653 crore in Q3FY22. Sequentially, it was up 10%
 "Axis Bank Q3 net up 224% to Rs 3,614 cr on better interest margins")
Burger King Q3 net loss narrows to Rs 15 crore, revenue rises 71.5%
Total expenses were at Rs 298.23 crore, up 45.56% from Rs 204.89 crore in the year-ago period
 "Burger King Q3 net loss narrows to Rs 15 crore, revenue rises 71.5%")
IEX Q3 net profit rises 39% to Rs 80 crore on higher revenues
Indian Energy Exchange posted nearly 39 per cent rise in consolidated net profit to Rs 80.73 crore in the December quarter mainly on the back of higher revenues.
 "IEX Q3 net profit rises 39% to Rs 80 crore on higher revenues")
SBI Card Q3 net profit surges 84% to Rs 386 cr on higher card spends
SBI Cards and Payment Services on Monday reported 84 per cent jump in net profit at Rs 386 crore for December quarter 2021-22 on the back of healthy card spends, fall in bad loans and higher income
 "SBI Card Q3 net profit surges 84% to Rs 386 cr on higher card spends")
Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr
The bank's net interest income grew 17% YoY to Rs 8,653 cr; asset quality improves
 "Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr")
Sensex crashes 1,546 pts, Nifty ends below 17,150 amid US Fed uncertainty
The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491
 "Sensex crashes 1,546 pts, Nifty ends below 17,150 amid US Fed uncertainty")
Sharda Cropchem soars to a record high, up 20% on robust Q3 earnings
EBITDA margin expanded by 220 bps YoY to 22.8 per cent in Q3FY22 driven by economies of scale, effective cost management marginally settled off by higher freight cost.
 "Sharda Cropchem soars to a record high, up 20% on robust Q3 earnings")
Vodafone Idea dips 5% as loss widens in Q3; stock down 33% from 52-wk high
While government relief (option of conversion of dues into equity) ensures the survival, the company needs to raise capital as early as possible to stay competitive, ICICI Securities said.
 "Vodafone Idea dips 5% as loss widens in Q3; stock down 33% from 52-wk high")
Axis Bank to report Q3 result today; here's what leading brokerages expect
Asset quality has been in-line or better-than-expected in recent quarters, which analysts expect to continue
 "Axis Bank to report Q3 result today; here's what leading brokerages expect")
Stocks to Watch: RIL, ICICI Bank, Yes Bank, HDFC Life, SBI Life, Voda Idea
Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.
 "Stocks to Watch: RIL, ICICI Bank, Yes Bank, HDFC Life, SBI Life, Voda Idea")
LIVE: Covid-19 cases in Delhi drop below 10k, positivity rate 13.32%
Live news updates: India reported 333,533 new cases of Covid-19 in the last 24 hours-a marginal decline since Saturday.
 "LIVE: Covid-19 cases in Delhi drop below 10k, positivity rate 13.32%")
Vardhman Textiles third quarter PAT more than doubles to Rs 431 crore
The group had reported a profit after tax of Rs 174.85 crore in the year-round period
 "Vardhman Textiles third quarter PAT more than doubles to Rs 431 crore")
