During the March quarter earnings season, Eicher Motors is expected to see a 15% YoY rise in revenue to INR 3,687.9 crore led by an 18% volume growth, however, revenue is expected to be down 1% QoQ. Nomura predicts that EBITDA margin could come in at 23.9% due to price hikes. Asian Paints is expected to report revenue growth of 10% YoY to INR 8,679 crore in Q4FY23E due to a 13% YoY increase in volume. It is expected to have an EBITDA margin expansion of 79 bps YoY to 19.1%.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data.
May 19, 2025