Page 109 - Q1 Results
Tata Steel jumps 5% after turning ex-date for 1:10 stock split
The company had fixed Friday, July 29, 2022 as the 'Record Date' for the purpose of determining the eligibility of shareholders for the purpose of sub-division /split from Rs 10 to Re 1.
 "Tata Steel jumps 5% after turning ex-date for 1:10 stock split")
Bajaj Finserv surges 8% ahead of board meet for bonus, stock split
The company is expected to post 25.8 per cent YoY growth in Q1 revenue, led by pick up in lending business coupled with continued healthy traction in premium accretion in insurance business.
 "Bajaj Finserv surges 8% ahead of board meet for bonus, stock split")
Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India
Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.
 "Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India")
Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr
Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close
 "Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr")
CG Power and Industrial Solutions Q1 net profit jumps 138% to Rs 130 crore
The company had reported a consolidated net profit of Rs 54.58 crore in the quarter ended on June 30, 2021, a BSE filing said
 "CG Power and Industrial Solutions Q1 net profit jumps 138% to Rs 130 crore")
Colgate-Palmolive India's net profit declines 7.2% in April-June quarter
The company's PBIDT stood at Rs 327.9 crore in the quarter ended June, down 9 per cent compared to last year
Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown
Losses at the UK subsidiary widened to £482 million, from £286 million, as JLR retail sales fell 37 per cent to 78,825 units from the year-ago quarter
 "Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown")
Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr
It sold a total of 467,931 vehicles during the quarter, with exports being the highest ever at 69,437 units
 "Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr")
IT companies' margins decline to decade-low of 23.2% in June quarter
Wipro, Tech Mahindra see double-digit decline in net profit
 "IT companies' margins decline to decade-low of 23.2% in June quarter")
Shriram City Union Finance posts 61 per cent rise in Q1 net profit
Assets Under Management (AUM) increased by 21 per cent to Rs 40,414 crore as against Rs 33,509 crore during the same time last financial year
Q1 results: Private banks' net profit rises 47% on fall in provisions
Loan repricing, high loan growth buttress NII
 "Q1 results: Private banks' net profit rises 47% on fall in provisions")
Poonawalla Fincorp's consolidated Q1 net profit up 118% to Rs 141 crore
Poonawalla Fincorp's NIMs were up by 155 basis points YoY to 9.5 per cent
 "Poonawalla Fincorp's consolidated Q1 net profit up 118% to Rs 141 crore")
Maruti Suzuki logs Q1 profit of Rs 1,013 cr; clocks highest-ever exports
The company's Q1 numbers missed Street estimates as far as net profit is concerned. Analysts had pegged PAT growth between 200 and 300 per cent on year
 "Maruti Suzuki logs Q1 profit of Rs 1,013 cr; clocks highest-ever exports")
TCS, Infy, SBI lift Sensex 548 pts ahead of Fed outcome; Nifty tops 16,600
Stock market live updates: As of 7:45 AM, the SGX Nifty Futures quoted at 16,475 levels, indicating a downside of 8 odd-points on the Nifty50.
 "TCS, Infy, SBI lift Sensex 548 pts ahead of Fed outcome; Nifty tops 16,600")
ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year
FPIs holding in ITC increased to 12.68% in June quarter from 11.99% in the preceding quarter and 9.99% at the end of December quarter.
 "ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year")
Dr Reddy's Q1 revenue may grow up to 10% YoY, margins may expand: Analysts
Dr Reddy's Labs Q1 results preview: Analysts said that despite pricing pressures in the US, the company is likely to have recorded steady growth in this segment due to a ramp-up of new products.
 "Dr Reddy's Q1 revenue may grow up to 10% YoY, margins may expand: Analysts")
South Indian Bank net profit up 10-fold in Q1, asset quality improves
In Q1, South Indian Bank's gross advances saw a growth of 10.95 per cent compared to the same period last financial year
 "South Indian Bank net profit up 10-fold in Q1, asset quality improves")
Page Ind hits record high on strong growth outlook; stock up 17% in July
The company aims at capacity expansion and increased infrastructure and facilities to meet growth in demand.
 "Page Ind hits record high on strong growth outlook; stock up 17% in July")
L&T gains 4% after net profit spikes 45% YoY to Rs 1,702 crore in Q1FY23
Analysts believe that the company's strong order book position at Rs 363,448 crore suggests good revenue visibility in the coming years.
 "L&T gains 4% after net profit spikes 45% YoY to Rs 1,702 crore in Q1FY23")
Shoppers Stop surges 11%, hits 52-week high on healthy Q1 results
Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said
 "Shoppers Stop surges 11%, hits 52-week high on healthy Q1 results")