Sales were led by growth across segments on account of revival in pent-up demand and a robust supply/distribution network
The company said enquiries from the current clientele as well as from the new markets are much encouraging
In a quarterly update earlier this month, the company highlighted that Q2 was on a par with the year-ago period, led by improving walk-ins.
The company has entered into an agreement with US-based Harley Davidson for sale and service of the latter's premium motorcycles in India using the two companies' dealership networks in India
Bharti Airtel's India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter.
At 02:44 pm, the S&P BSE Midcap index was up 1.3 per cent, as compared to a 0.73 per cent rise in the S&P BSE Sensex and 0.58 per cent gain in the S&P BSE Smallcap index.
On October 26, 2020, Hulst B.V, the promoter of Coforge, offloaded 3.8 million equity shares, representing 6.3 per cent stake, for Rs 878 crore on the NSE, the bulk deal data shows.
The overall medium-term trend can take the stock towards Rs 800 levels, charts suggest
Analysts expect the cement industry to witness positive growth in the second half (October-March) of the current fiscal led by strong demand from the sustainable rural trade segment.
Shriram Transport Finance, Asian Paints, Nestle India, L&T, Bajaj Finance, Colgate-Palmolive India, Shree Cement, Ipca Laboratories, NTPC and Pidilite Industries were up in the range of 3% to 8%
Two-wheeler stocks such as TVS Motor, Hero MotoCorp, and Bajaj Auto were among the top gainers on the Nifty Auto index, surging up to 1.6 per cent in the intra-day deals on the National Stock Exchange
The board has declared an interim dividend for 2020 of Rs 135 per equity share amounting to Rs 1,302 crore
In Q2FY21, the company's Ebitda margins are likely to improve 740 basis points YoY to 28 per cent
The company said it has witnessed strong net addition in client base which has grown by 59 per cent QoQ to 539,567 clients in Q2FY21
In Q2FY21, the Ebitda margin improved to 24.7 per cent from 14.2 per in the corresponding quarter of the previous year.
Business Standard brings to you a snapshot of events which made it to the news on Monday
The stock was trading close to its 52-week high of Rs 646.
The company said profitability was impacted on account of higher R&D expenses, staff costs, other expenses and forex losses
At 12:49 pm; Nifty Auto index, top loser among sectoral indices, was down 3 per cent, as compared to 1.2 per cent decline in the Nifty50 index.
Earlier this month, the company reported nearly 37 per cent year-on-year and over 100 per cent sequential growth in aggregate revenue for Q2FY21