Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.
Average revenue per user (ARPU) improved to Rs 128, up 3.2 per cent quarter-on-quarter from Rs 124 in Q4 of FY22. Telecom companies had taken 20 per cent tariff hikes in November 2021
Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ
High fuel prices, weak rupee keep bottom line under pressure
The company's consolidated revenue from operations rose 109% to Rs 13,723 cr
CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks
Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period.
At 10:23 AM, Adani Transmission's market cap stood at Rs 3.88 trillion, followed by ITC (Rs 3.77 trillion), BSE data shows.
The management foresees uptick in demand across the paint industry to be driven by strong expansion in the infrastructure, core sector, automotive, and real estate industries.
The company's board will meet on August 9, 2022 to consider the proposal for issuance of bonus equity shares and June quarter results.
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
Fall in non-interest income, rise in bad loan provisions drag down company's net
Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ
Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2 per cent in consolidated net profit at Rs 214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was at Rs 219 crore, according to a regulatory filing. The company's total income rose to Rs 1,701 crore in the first quarter of the current fiscal. It was at Rs 1,079 crore in the same period last year. The expenses stood at Rs 1,425 crore during the quarter under review compared to Rs 898 crore in the preceding fiscal. In a separate statement, Vneet S Jaain, MD & CEO, AGEL, said: "With deployment of latest technologies and analytics driven O&M, AGEL's solar and wind portfolio performance has continued to improve. We are further proud of our teams that have enabled commissioning of India's first solar-wind hybrid capacity of 390 MW at Jaisalmer, Rajasthan with more such projects in pipeline." During the April-June quarter, the company
Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a decline of 10.47 per cent in its consolidated net profit at Rs 109.62 crore in the first quarter ended June 30, 2022
EMI, BNPL, and other financial schemes brought down the upfront cost for the buyer
CLOSING BELL: losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance
Senior executive says 'early signs of slowdown in global economy'
Vodafone Idea is slated to report its Q1FY23 earnings on August 3, whereas Bharti Airtel would report its results on August 8
Analysts believe ITC would be able to continue to grow in high single digit in cigarettes & log a double-digit growth in all the other segments going forward.