Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
The firm's operating revenue grew 98 per cent to Rs 267 crore on a low base of Rs 135 crore that it has reported in the year-ago period
The company's consolidated net profit stood at Rs 2.53 crore in Q1FY22 compared with net loss of Rs 51.32 crore in the year-ago period.
That data also caused dollar to retreat against most major currencies and U.S. Treasury yields to edge down overnight though both were steadier in Asian hours
State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services
Ashok Leyland, Aurobindo Pharma, Eicher Motors, Hero MotoCorp, IRCTC, Natco Pharma, Oil India, Page Industries, BPCL and Tata Steel are among key companies slated to post their quarterly earnings
An equal-weighted basket of Indian stocks with high domestic MF ownership and low foreign ownership outperforms a basket with the reverse profile.
The company missed Street expectations due to lower net interest income (NII)
In Q1FY22, losses also expanded due to non-cash ESOP expenses, which will continue going forward
In last three weeks, stock has surged 27% after the company reported a strong operational performance in Q1
The pharmaceutical company reported a disappointing April-June quarter (Q1FY22) performance on the margins front
The response to both issues was modest when compared to recent IPOs
The company prepared a draft red herring prospectus and sought views, as well as a go-ahead, from DIPAM
Avoiding markets is not a good idea. One should stay invested and selectively look at quality stocks and exit the weaker ones, he advises
Apart from diversification, rupee depreciation has helped some global funds post returns of 42-44%
Experts say the impact of the circular less than feared earlier
In a Q&A, Ashish Shanker says market moves will mirror the likely earnings growth of 12-15 per cent for the next few years
On Monday, Sapphire Foods announced that it raised Rs 1,150 crore funds through a mix of primary and secondary rounds from private equity funds
Margin trajectory at international subsidiaries remains a key trigger for the stock
The margin requirement for the futures segment has risen substantially after the introduction of peak margin norms last year