Analysts expect revenue to decline by 11-12 per cent year-on-year (YoY) in Q4, marked by decline in volumes and surge in average selling price due to steep price hikes taken over the last few quarters
According to a Bloomberg report, Gautam Adani's conglomerate is in advanced talks to acquire Holcim Ltd.'s businesses in India.
On April 12, the board of Simplex Infra approved fund raise of up to Rs 421.80 crore by issuing shares and warrants to Swan Construction, a non-promoter group company on a preferential basis.
Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.
Q4 ebitda margin was up by 405 bps to 35 per cent on the back of strong operational efficiency and internal cost control measures.
According to the technical analyst from Anand Rathi, Genus Power has confirmed a multi-year breakout above the Rs 95 mark, and seems poised to rally towards Rs 140 in the next few months.
Holcim Ltd., the world's biggest cement maker, is considering a potential sale of businesses in India including Ambuja Cements.
Future Supply Chain Solutions (down 20 per cent at Rs 37.30) and Future Lifestyle Fashions (down 20 per cent at Rs 29.40) also hit their respective all-time lows in intra-day trade on Monday.
Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA
The company's board is scheduled to meet on April 28 to consider a proposal for raising funds
Adani Power's market cap was at Rs 99,972 crore as of 10:19 am on Friday, the BSE data shows
The company reported a consolidated net loss of Rs 14 crore in March quarter on higher raw material cost.
According to the technical analyst from Anand Rathi, Suntech Realty is on the verge of breakout; whereas, Tata Power is testing its key support.
In the past one month, the stock has outperformed the market by surging nearly 30 per cent as compared to 1 per cent decline in the S&P BSE Sensex.
Analysts expect strong volume outlook on the back of a robust order book in autos and new product launches across segments.
RIL traded 3.5 per cent higher at Rs 2,730 fairly close to its record high of Rs 2,750 touched on October 19, 2021.
Amid the spiraling power generation, CIL raised its supplies to thermal power stations by 14.2 per cent during the first half of April'22 compared to same period last April.
Stocks to watch today: Shares of brokerage firms Angel One and ICICI Securities are also likely to be in focus ahead of the corporate earnings on Wednesday.
The technical analyst from HDFC Securities has buy call on ICICI Prudential Gold ETF and sell call on Mothersonsumi.
Shares of Paytm are expected to jump up to 20 per cent after overcoming the resistance at the 50-DMA.