Page 114 - Q1 Results
Hatsun Agro breaches Rs 2,000 crore sales mark in Apr-Jun quarter
Dairy products maker Hatsun Agro Products has crossed the Rs 2,000 crore sales mark during the quarter ending June 30, 2022 for the first time, the company said
 "Hatsun Agro breaches Rs 2,000 crore sales mark in Apr-Jun quarter")
This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month
Shares of Federal Bank hit a three-year high at Rs 109.40, and have gained 12 per cent in the last four trading sessions on the back of healthy Q1 performance.
 "This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month")
Wipro Q1FY23 results: A look at the performance in the last four quarters
Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at $406.9 million. However, it was lower than the net income in Q1FY22, reported at $434.8 million
 "Wipro Q1FY23 results: A look at the performance in the last four quarters")
Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%
Consolidated net sales rose 15.1 per cent to Rs 7,943 crore in the April-June period versus the same period last year
 "Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%")
ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income
The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period
 "ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income")
HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%
Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures
 "HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%")
HDFC Life Q1 net up 21% to Rs 365 cr on VNB surge, lower mortality reserves
VNB up 25% YoY to Rs 510 cr, annualised premium equivalent grew 22% to Rs 1,904 cr; Solvency ratio at 178%, slightly above the regulatory norm of 150%
 "HDFC Life Q1 net up 21% to Rs 365 cr on VNB surge, lower mortality reserves")
L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins
Firm expects NIM plus fees to stay above 8% in FY23
 "L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins")
RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$
CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
 "RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$")
Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds
Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.
 "Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds")
TMS Ep218: Remittance to India, over-tourism, markets, mobile security
What's the significance of the US remittances to India? Why over-tourism may spell trouble for tourist spots? Why are Infosys and Wipro staring at modest Q1 revenues? What's Apple's Lockdown Mode?
 "TMS Ep218: Remittance to India, over-tourism, markets, mobile security")
Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23
After IT majors TCS and HCL Technologies disappointed the Street with somber June quarter numbers, analysts expect Infosys and Wipro to follow a similar trend. Find out what investors should expect
 "Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23")
Bank of Maharashtra's net profit jumps 117.24% to Rs 451.9 crore in Q1
Lender eyeing equity offering of Rs 1,000 cr in second half of FY23
 "Bank of Maharashtra's net profit jumps 117.24% to Rs 451.9 crore in Q1")
HDFC Bk: Merger with HDFC, NIM compression near-term concerns, say analysts
HDFC Bank Q1 review: Issues with management's bandwidth in managing the balance sheet post merger remains key risks for upside, said Nomura
 "HDFC Bk: Merger with HDFC, NIM compression near-term concerns, say analysts")
L&T Q1FY23 results: How the company performed in the last four quarters
Larsen & Toubro has seen a steady rise in net profits over the previous four quarters
 "L&T Q1FY23 results: How the company performed in the last four quarters")
Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
 "Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%")
Prestige Group sales bookings jump 4-fold on account of better demand
Realty firm Prestige Estates on Monday reported over four-fold jump in its sales bookings at Rs 3,012 crore during the first quarter of this fiscal year on better demand and lower base effect
 "Prestige Group sales bookings jump 4-fold on account of better demand")
HUL Q1 results preview: Muted volume growth likely due to demand slowdown
HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.
 "HUL Q1 results preview: Muted volume growth likely due to demand slowdown")
Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show
Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.
 "Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show")
Quick Heal zooms 20% as board to consider share buyback on July 21
In 2019 and 2021, Quick Heal had bought back 6.33 million equity shares each via tender offer.
 "Quick Heal zooms 20% as board to consider share buyback on July 21")