Page 110 - Q1 Results
Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom
Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.
 "Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom")
TMS Ep224: UPI-credit card link, monkeypox, auto firms' results, DESH Bill
Will UPI on credit cards take off? Should India be worried about monkeypox? Will easing chip shortage perk up auto firms' Q1 commentary? What is the DESH Bill? All answers here
 "TMS Ep224: UPI-credit card link, monkeypox, auto firms' results, DESH Bill")
Will easing chip shortage perk up auto firms' Q1 commentary?
Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.
 "Will easing chip shortage perk up auto firms' Q1 commentary?")
Tata Motors Q1 loss may widen to Rs 1,767 cr; revenue may dip QoQ: Analysts
Tata Motors Q1 results preview: The likely subdued performance would be led by chip shortage woes at UK subsidiary JLR, cost input pressures, and negative operating leverage, said analysts
 "Tata Motors Q1 loss may widen to Rs 1,767 cr; revenue may dip QoQ: Analysts")
Maruti Suzuki Q1 preview: PAT may soar up to 300% YoY on low base
Analysts would look out for guidance on industry demand outlook, both rural and urban, and if there is any visible impact of the current inflationary pressure
 "Maruti Suzuki Q1 preview: PAT may soar up to 300% YoY on low base")
L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore
But sequentially, it declines 53% amid inflationary pressure & Rs depreciation
 "L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore")
Robust demand trends in chemicals biz, expansions positive for SRF stock
Company has increased capex for the business to tap into new opportunities
 "Robust demand trends in chemicals biz, expansions positive for SRF stock")
India Grid Trust Q1 net profit up 4% at 84 cr; total income rises 4%
IndiGrid is India's first and largest Infrastructure Investment Trust in the power transmission sector.
 "India Grid Trust Q1 net profit up 4% at 84 cr; total income rises 4%")
Top headlines: Asian Paints Q1 net rises 80%; UBS upgrades RIL scrip
Asian Paints Ltd on Tuesday reported an 80.39 per cent increase in its consolidated net profit to Rs 1,036.03 crore for the first quarter ended on June 30, 2022
 "Top headlines: Asian Paints Q1 net rises 80%; UBS upgrades RIL scrip")
Union Bank of India Q1 net rises 32% at Rs 1,558 cr on lower bad loans
Union Bank of India on Tuesday reported a 32 per cent rise in standalone net profit to Rs 1,558.46 crore for the quarter ended June 2022, helped by a fall in bad loans
 "Union Bank of India Q1 net rises 32% at Rs 1,558 cr on lower bad loans")
Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%
CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday
 "Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%")
Oberoi group's EIH Associated Hotels back in black with PAT at Rs 5.68 cr
Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022
Bajaj Auto Q1FY23 results: Net profit up 11% YoY to Rs 1,173 cr, revenue 8%
Bajaj Auto Q1 review: Auto major Bajaj Auto clocked 8.3 per cent rise year-on-year (YoY) in total revenue from operations to Rs 8,004.97 crore in June quarter results (Q1FY23) on a standalone basis.
 "Bajaj Auto Q1FY23 results: Net profit up 11% YoY to Rs 1,173 cr, revenue 8%")
Axis Bank Q1 review: Why did shares fall 3.5% despite 91% surge in profit?
According to analysts, Axis' earnings beat was led by NIM expansion, and credit cost being restricted at less than 20 bps
 "Axis Bank Q1 review: Why did shares fall 3.5% despite 91% surge in profit?")
Earnings impact: eMudhra hits record high, surges 26% in two trading days
Revenue from operations registered a strong growth primarily led by increase in Enterprise Solution business especially in international markets which grew by 140 per cent YoY.
 "Earnings impact: eMudhra hits record high, surges 26% in two trading days")
Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts
Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.
Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin
Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.
 "Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin")
Broking houses cut target price for RIL after disappointing Q1 show
Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420
 "Broking houses cut target price for RIL after disappointing Q1 show")
Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers
Going ahead, brokerages believe that the margin headwinds like travel costs, wage inflation will continue to persist in Q2FY23 as well.
 "Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers")
Asset quality worries weigh on Bandhan Bank's stock as NPAs spike
Analysts have 'neutral' to 'buy' recommendation on the share with target price ranging between Rs 320 and Rs 440, it closed at Rs 273 on Monday
 "Asset quality worries weigh on Bandhan Bank's stock as NPAs spike")