Page 63 - Corporate Earnings

Buy stocks on any decline to make a good return in FY21-22

Analysts revised the earnings estimate multiple times - from an EPS contraction in FY21 to the latest estimates of a around 15 per cent growth. Moreover, FY22 EPS is expected to grow further by 30%

Despite Covid-19 pandemic, India Inc scripted a smart turnaround

Profit growth in the last two quarters has been one of the highest ever and recovery in earnings has been broad-based, rekindling hopes of a new cycle of growth for India Inc

India Inc's earnings recovery signals double-digit growth in next 2 years

The latest trend is in sharp contrast to the sombre mood in corporate board rooms at the end of FY20, when India was in the middle of one of the world's most draconian Covid-19 lockdowns

One year of lockdown: A roller coaster ride continues for India Inc

While the lockdown shaved off revenues in most sectors, with the exception of financial services and IT, the decline in profits was even sharper

Blue Dart extends rally as parent company posts record profit for CY20

For the financial year 2021, the DHL group anticipates a further significant increase in Ebit to more than EUR 5.6 billion

India Inc anticipates rise in payrolls in April-June quarter: Survey

Corporate India is indicating a rebound in its recruitment plans for the coming three months

'PSU banks a trading opportunity than long-term investment theme'

The main concern for the PSU banks is governance, says Pradeep Gupta of Anand Rathi Shares & Stock Brokers

Market may need new catalysts to rise meaningfully, says Jigar Shah

JIGAR SHAH, chief executive officer, Kimeng Securities India, tells Puneet Wadhwa in an interview that there is a good possibility of a time-wise correction with a range-bound market

Top listed developers sitting pretty after record bookings in Dec quarter

Experts expect further market share gains; cash flows and collections likely to improve

Market share gains in India, Europe positive for Endurance Technologies

Consistent growth in the Indian two-wheeler and European car markets is key

Demand trajectory, valuations weigh on Page Ind despite stellar Q3 show

The company posted a strong Q3 led by higher athleisure sales

Strong food business prospects likely to drive growth for Marico

Execution and competitive intensity remain key, say analysts

Aston Martin surges as demand for $223,000 SUV brightens outlook

The company plans to produce 6,000 vehicles this year, up from just 3,394 in 2020, with the £158,000 ($223,000) DBX model accounting for much of that output

India among largest growth contributors in 2020: Reckitt Benckiser

The British fast moving consumer goods giant today reported 11.8 percent topline growth for the year

Strengthening recovery

Corporate sales must rise to maintain the momentum

Thomson Reuters Corp fourth-quarter revenue, adjusted earnings rise

The news and information company, which owns Reuters News, said revenues rose 2% to $1.62 billion, while its operating profit jumped more than 300% to $956 million

Medtronic beats Q3 profit estimates on strong demand for ventilators

The world's largest standalone medical device maker said it would not provide a forecast for 2021 due to uncertainties surrounding the Covid-19 pandemic

Macy's forecasts upbeat 2021 sales on stimulus checks, online shoppers

The upbeat outlook from the US retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis

Turnaround stories: These 25 firms swung to profit in the December quarter

Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis

India business drives strong Q3 margin performance for Mahindra CIE

The management expects profitability to improve on the back of volumes, cost reduction