Page 2411 - Markets News

'Not sustainable', IRDAI chief cautions insurers against predatory pricing

Highlighting that the insurance industry is different from other business, he said if an insurer fails, it has bearing on customers as well

Market Wrap, Jan 17: Mid-caps rally for 9th straight day; RIL surges 3%

While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per cent, respectively.

Dr Reddy's Labs nears 2-year high, regains Rs 50,000 crore m-cap

In the first 11 trading days of the current calendar year, Dr Reddy's has outperformed the market by surging 6 per cent on expectations of earnings improvement.

MARKET WRAP: Benchmarks flat, mid-caps rally; RIL up 3% ahead of Q3 nos

All that happened in the markets today

Piramal Enterprises surges 7%, hits 52-week high on divestment of DRG biz

The company signed a definitive agreement for the sale of DRG to Clarivate Analytics plc, a global leader in providing trusted insights and analytics, for a sale consideration of $950 million.

HDFC Bank Q3 preview: Loan growth could rise 20% YoY, NIM may slip a bit

Net interest income, however, is likely to grow between 11 and 16 % YoY to Rs 14,409.5 crore, up from Rs 12,576.8 crore reported in the same quarter last year, and Rs 13,515 crore in Q2FY20

Dishman Carbogen falls 9% from day's high despite nod for share buyback

The board approved the buy-back of equity shares by the Company from open market through stock exchange mechanism for amount not exceeding Rs 72 crore at a price not exceeding Rs 150 per share.

Jubilant FoodWorks may still be a tasty bite for investors as stock gains

Increasing footprint and higher share of online delivery indicate good growth potential

RIL climbs 2.5% ahead of Q3 results; GRM expected to see a slight fall

HDFC Securities expects RIL's EBITDA to increase by 4.7 per cent QoQ to Rs 14,300 crore.

Wipro sets share buyback price at Rs 320 a share; earmarks Rs 11,000 crore

The buyback will be conducted on a proportionate basis through the 'tender offer' route

Wipro Q2 net profit jumps 35.1% YoY to Rs 2,552.6 crore

Earnings per share (EPS) for the quarter was Rs 4.3 per share and grew 36.7 per cent YoY, the company said in its statement.

Wipro Q2 preview: Analysts see 1.3% QoQ revenue growth in constant currency

The IT services company has seen some improvement in its revenue growth in the last few quarters but, as per analysts, it continues to lag peers on a relative basis.

Wipro Q2: Wage hike, divestment of hosted data services to impact nos

Wipro posted a 2.1 per cent year-on-year (YoY) rise in its net profit at Rs 21.2 billion for the quarter ended 30 June.

Wipro Q3 consolidated net profit declines 2% YoY to Rs 2,455.9 crore

Revenue for the company stood at Rs 15,470.5 crore, up 2.73 per cent YoY at Rs 15,059.5 crore.

Voda Idea tanks 39% on AGR blow but Airtel jumps as analysts remain bullish

With this, the telcos will have to together pay an estimated Rs 1.47 trillion in AGR dues that include penalties and interest on penalties by January 23.

Wipro beats Street in June quarter, announces Rs 11,000-cr buyback

Net Income for the quarter was Rs 2,080 crore, an increase of 1.2% YoY

Wipro Q1 profit beats Street estimate; co declares Rs 11,000-cr buyback

IT services revenue grew 0.9% on reported dollar basis to $1.97 billion over the March 2017 quarter

Share buyback to health care: 5 highlights of Wipro's June quarter results

Wipro Chairman Azim Premji has reassured shareholders of growth coming from the US

Wipro Q1FY19 preview: Profit outlook, commentary on healthcare vertical key

In the previous quarter, Wipro reported a decline in its net profit by 20.5 per cent y-o-y, missing analyst estimates.

Wipro rises 6.5%; mcap up Rs 8,475 cr on buyback plan

The stock was the biggest gainer on both the key benchmark indices during the day