Page 579 - Markets

HUL Q1 net profit rises 10% YoY to Rs 2,061 crore, revenue jumps 13%

Earnings before interest, tax, depreciation and amortisation grew 8 per cent YoY to Rs 2,847 crore as against Rs 2,644 crore

Bajaj Auto's net profit doubles in Q1 to Rs 1,061 cr; forays into EV space

The wholly owned subsidiary will leverage the growth opportunities in the evolving mobility space and will help the Company venture into the manufacturing of Electric and Hybrid vehicles

ICICI Pru soars 9%, hits new high on strong performance in June quarter

VNB growth was driven by a resilient business model, innovative product offerings and diversified distribution and product mix

Jindal Stainless signs MoU with Tata Steel Mining; stock advances 10%

The MoU is signed with an aim to jointly unearth the chrome ore locked up in the boundary between our mines located in Odisha

ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth

ITC Q1 PREVIEW: During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC

Gland Pharma rallies 8% on strong revenue growth in June quarter

Gland Pharma said the growth in revenue was contributed from a mix of launch of new products and volume growth in existing products

IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank

IDFC stands to benefit as a reverse merger could help unlock shareholder value, removing the holding company discount, ICICI Securities said in a note

Jubilant FoodWorks surges 9%, hits record high on strong growth outlook

With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead

Nifty outlook & two stock ideas by Vinay Rajani of HDFC Securities

Hero MotoCorp's stock has broken down below the last six week's price consolidation

Ajit Mishra suggests going short on Bandhan Bank, Escorts; here's why

Bandhan Bank has been trading in a steady downtrend and is facing selling pressure on every rise

Stocks to watch: HUL, Bajaj Auto, IDFC, Wipro, Bajaj Finserv, IB Housing

The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years

Sailing through floater funds in a scenario of rising interest rates

Floater funds have given returns of over 5 per cent in the last one year

ESG investing gains ground amid pandemic, better sustainability disclosures

At the end of June 2021, assets invested in Indian sustainable funds identified by Morningstar reached a record Rs 11,970 cr, significantly up from Rs 4,210 cr a year ago

More pain in store for markets, say experts amid fear of further lockdowns

The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities

Glenmark Life Sciences prices its IPO between Rs 695-720 per share

The company has reduced its offer size by about Rs 150 crore. Bankers to the issue said that the promoters have reduced their selling stake marginally

Margin concerns may limit upsides in Asian Paints stock

While volume performance has been strong, valuations factor in the gains

Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO

The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors

HUL Q1 preview: Brokerages eye 7-15% YoY PAT growth; margin impact in focus

HUL is likely to report 21.3 per cent YoY revenue growth at Rs 12,807.6 in its Q1 revenue report, ICICI Direct said in a note

Bajaj Auto Q1 preview: Robust exports, product mix to cushion margin hit

Bajaj Auto Q1 preview: Analysts at Nomura expect revenue growth of 142 per cent YoY, but down 13 per cent sequentially, at Rs 7,456.4 crore led by volume growth of 12 per cent on year.

Market Wrap Podcast, July 20: Here's all that happened in the markets today

Sectorally, only the Nifty FMCG index closed in the green. Nifty Media, Metals and Realty indices declined over 2% each and were the top laggards