Eye On Earnings: What to expect from United Spirits, Lupin, BHEL
More than 500 companies are scheduled to release the earnings for the quarter and half-year ended September on Wednesday.
Tech View: Nifty looks confused after 3-day rally. Here’s what traders should do on Wednesday
At the higher levels, the market could encounter strong resistance around 19500-19600 levels in the short term. Immediate support is placed at 19320 levels, said Nagaraj Shetti of HDFC Securities. On the derivative front, the strike of 19500 saw the highest call open interest (OI) while the strikes of 19450 saw the addition of the […]
Shree Cement Q2 Results: Profit more than doubles to Rs 447 crore; revenue up 19% YoY
Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter. Operating profit or EBITDA for the quarter jumped 64% YoY to Rs 886 crore. The total sales volume increased 10% year-on-year to 8.2 million tonnes in the July-September period.
Steep valuations haunt Mamaearth as stock sees tepid listing. Should you exit?
Post the debut, analysts advised investors to book profits in Mamaearth notwithstanding the company’s strong brand presence in the Indian BPC market. In their view, most issues with premium valuations struggled to deliver after the listing.
Chart Check: Rectangle pattern breakout takes CRISIL to fresh record highs; what should investors do?
The stock rose from Rs 3910 registered on 27 October to Rs 4335 which is the intraday record high as of 6 November translating into an upside of over 10% in a week.
Info Edge Q2 Results: Profit rises 24% YoY to Rs 209 crore; co declares Rs 10 dividend
Revenue from operations grew 11% to Rs 593 crore in the reporting quarter as compared to Rs 532 crore in the corresponding quarter of the previous fiscal. The Board has declared an interim dividend of Rs 10 per share for the financial year 2023-24.
Devyani International Q2 Results: India KFC operator posts 43% drop in profit
“High inflation across industries and categories from a macro-economic perspective has led to a short-term impact on consumer sentiment and depressed consumer spending in the last few quarters,” Chairman Ravi Kant Jaipuria said in a statement.
Buying stocks after Navratri till Diwali has made investors luckier. Here’s the 10-year record
Between Navratri and Diwali, bank stocks have given positive returns 7 out of 10 times, auto 8 out of 10 times and consumer durables 9 out of 10 times.
Diwali Muhurat Picks 2023: HDFC Bank among 10 stock recommendations from Reliance Securities
“We believe every decline in the market is likely to present a good opportunity as strong earnings rollover to FY26E will make the markets more attractive compared to the long-term averages, setting the goal post for NIFTY50 to scale to 22000+ over the next one year,” Reliance Securities said.
Star Health, Happiest Minds among 5 companies to see share lock-in end in next 3 months
In the next three months, a total of 44 companies are slated to have their pre-listing shareholder lock-ins lifted amounting to $19.34 billion.