PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products
Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.
Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue
The company has guided for a revenue growth between 1 per cent and 3 per cent for the first quarter of FY23
On the back of an improving demand environment, the management remains confident of delivering healthy volume growth in the medium to longer term
Bets on new energy and oil-to-chemicals among reasons for the surge, say analysts
Shares of Infosys tanked 9 per cent to Rs 1,592.05 on the BSE in Monday's intra-day trade after the company reported a weak set of numbers for the quarter ended March 2022 (Q4FY22).
Shares of Adani Group companies traded higher by up to 16 per cent on the BSE on Monday, extending their last week's rally
The stock hit a record high of Rs 287.90, up 5 per cent in the intra-day trades so far on the BSE
The stock of Adani Group company has zoomed 136 per cent from its issue price of Rs 230 per share
The frontline indices are set to close FY22 with a double-digit return. The dark horse was the small-cap segment that outperformed its larger peers. Will this dominance continue in FY23 as well?
Most analysts expect the markets to remain choppy in FY23 amid multiple headwinds. The ongoing geopolitical crisis, they feel, will keep commodity prices elevated and market gains in check
Business should continue to boost in the coming quarters, supported by uplifting of pandemic-related restrictions and strong content line up ready to be released over the next few months
In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.
Steady cash flow from O2C segment is expected to continue as stability in GRMs and higher global gas prices augur well for oil & gas exploration segment
The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.
Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.
The Smallcap index has fallen 9.2 per cent, so far, this month, recording its sharpest fall since February 2016
FPIs infuse net Rs 1.4 trn into Indian equities, DIIs withdraw Rs 36,682 crore
Analysts believe ITC's cigarettes business will fully recover amid aggressive vaccination drive and reduction in Covid-19 cases