CLOSING BELL: Sectorally, all the indices ended in the green zone, led by the Nifty Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively
Analysts expect revenue to decline by 11-12 per cent year-on-year (YoY) in Q4, marked by decline in volumes and surge in average selling price due to steep price hikes taken over the last few quarters
Q4 ebitda margin was up by 405 bps to 35 per cent on the back of strong operational efficiency and internal cost control measures.
Stocks to Watch today: Bajaj Finance, HDFC Life, Macrotech Developers, KPIT Technologies are among those slated to announce their Q4 earnings today.
In the January-March quarter, this strategy yielded results with more than 500 million incremental transactions added in India, which is a nearly 20 per cent rise
The company had posted a net loss of Rs 442.53 crore in the January-March period a year ago, it said in a regulatory filing
CLOSING BELL: Bajaj Auto, HDFC Bank, ICICI Bank, Axis Bank, HDFC, Nestle India, Bharti Airtel, and Kotak Bank were the only gainers, rising up to 2 per cent
Brokerage firm Motilal Oswal Financial Services believes Hindustan Zinc to reach peak mine output after management guides flat production growth in FY23.
Though sales surged 15.1% YoY in Q4, the growth was slower sequentially
: Sundram Fasteners Ltd., engaged in manufacturing of auto components, on Saturday said the standalone net profit was at Rs 71.41 crore for the fourth quarter ending March 31, 2021. The city-based TVS Group company had registered standalone net profit at Rs 130.02 crore during corresponding quarter previous year. Net profit for the year ending March 31, 2022 was at Rs 407.46 crore, as against Rs 328.14 crore recorded last fiscal, Sundram Fasteners said in a press release. The revenue from operations for the quarter under review stood at Rs 1,146.44 crore, as against Rs 1,079.25 crore registered in the corresponding period last year. For the year ending March 31, 2022, the revenue from operations was at Rs 4,172.57 crore as compared to Rs 3,065.03 crore registered last year same period. Sales from exports during the January-March 2022 quarter grew to Rs 366.01 crore, as against Rs 337.21 crore recorded in same period last fiscal. Export sales for the year ending March 31, 2022 wen
NII stood at Rs 12,605 cr, other income rose 15% to Rs 4,737 crore
Its NII grew by 21 per cent in the same period to Rs 12,605 crore versus Rs 10,431 crore in the year ago period
The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks said in a BSE filing.
Analysts though appear positive with their target prices indicating 22-25% upside
CLOSING BELL: SBI, HUL, IndusInd Bank, Axis Bank, Dr Reddy's Labs, Bajaj Finserv, and ICICI Bank fell in the range of 2-3 per cent
ICICI Bank Q4 preview: The net interest income is expected to grow in the range of 17 per cent to 24 per cent over previous year, up to Rs 12,890 crore
HCL Tech has guided for revenue growth of 12-14 per cent CC in FY23 on the back of continued traction in the services business, healthy deal intake and deal pipeline.
HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023
"We have delivered double-digit domestic sales, driven by volume and mix," Naryanan said in its earnings release
Digital connectivity solutions firm Tata Communications on Thursday posted a 22 per cent growth in consolidated profit at Rs 365 crore for the quarter ended March 2022.