Buffett’s Berkshire posts record profit, quarterly results also rise

Buffett’s Berkshire posts record profit, quarterly results also rise

Warren Buffett‘s Berkshire Hathaway Inc on Saturday posted its second straight record annual profit, bolstered by gains from its common stock investments and as rising interest rates helped its insurance businesses generate more income. Fourth-quarter operating profit rose 28% to $8.48 billion, or about $5,884 per Class A share, from $6.63 billion a year earlier. … Read more

Nestle Q4 results today: What to expect from the Maggi noodles maker?

Nestle Q4 results today: What to expect from the Maggi noodles maker?

Nestle India is scheduled to release its earnings for the December quarter later today, and the market is expecting a good set of numbers for the fast moving consumer goods major. Higher volumes and price-led growth, coupled with operating leverage benefits are likely to help the Maggi noodles maker report a healthy double-digit growth in … Read more

Big movers on D-Street: What should investors do with Azad Engineering, Tata Technologies and Adani Green?

Big movers on D-Street: What should investors do with Azad Engineering, Tata Technologies and Adani Green?

Equity indices rebounded sharply on Monday, surging nearly 2%, on heavy buying in RIL and a rally in Asian markets. The 30-share Sensex jumped 1,240 points to settle at 71,941 and the Nifty climbed 385 points to 21,737. Stocks that were in focus included names like Azad Engineering, which rose 5.72%, Tata Technologies, which fell … Read more

Big movers on D-Street: What should investors do with SBI Life, Karnataka Bank and Tata Elxsi?

Big movers on D-Street: What should investors do with SBI Life, Karnataka Bank and Tata Elxsi?

Equity indices rebounded sharply by 1% on Wednesday after sliding for the past two sessions. The 30-share BSE Sensex jumped 689 points to settle at 71,060 and the broader Nifty also closed 215 points at 21,453.Stocks that were in focus included names like SBI Life, which rose 2.68%, Karnataka Bank, which fell 7.8%, and Tata … Read more

Big movers on D-Street: What should investors do with Metro Brands, HUL and Titan?

Big movers on D-Street: What should investors do with Metro Brands, HUL and Titan?

Equity indices rebounded after three days of losses amid a firm trend in global markets. The 30-share Sensex jumped 496 points to settle at 71,683.23 and the Nifty climbed 160 points to end at 21,622. Stocks that were in focus included names like Metro Brands, which fell 3.84%, HUL, which rose 0.78%, and Titan, whose … Read more

Big movers on D-Street: What should investors do with Just Dial, HDFC Life and Wipro?

Big movers on D-Street: What should investors do with Just Dial, HDFC Life and Wipro?

Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run. Stocks that were in focus included names like Just Dial, which rose 1.82%, HDFC Life, which declined 3.55%, and Wipro, whose shares jumped 6.37% on Monday. … Read more

Big movers on D-Street: What should investors do with Tata Consumer, Polycab and HDFC AMC?

Big movers on D-Street: What should investors do with Tata Consumer, Polycab and HDFC AMC?

Benchmark indices surged to their fresh all-time highs on Friday, driven by a sharp rally in IT stocks. The 30-share Sensex jumped 999 points to reach a new record of 72,721 and the Nifty climbed 281 points to reach its fresh record peak of 21,928. Stocks that were in focus included names like Tata Consumer, … Read more

Nifty companies’ Dec quarter profit may grow in double digits

Nifty companies’ Dec quarter profit may grow in double digits

Mumbai: India’s top 50 listed corporates are expected to report double-digit year-on-year growth in aggregate net profit for the third consecutive three-month period, ETIG estimates for the December quarter showed, although muted performance of technology and consumer-goods companies could decelerate the pace of expansion. Net profit in the December 2023 quarter for the Nifty 50 … Read more