“Look at companies like UltraTech Cement. They have performed very well, much better than market expectations. Yes, monsoon is not a time for cement, but in spite of that market is appreciating the performance of some of these large companies,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.Give us a sense of what you have made … Read more
Shares of Infosys Ltd rose as much as 2.3% to Rs 1,609 on Thursday, as investors scrambled to buy the stock before it turns ex-dividend on Friday. With the company’s record date for its final dividend of Rs 22 per share set for May 30, Thursday marks the last chance for investors to acquire shares … Read more
In a clear display of divergent strategies, foreign institutional investors (FIIs) and mutual funds took opposite calls on a clutch of new-age stocks during the March 2025 quarter. An analysis of 14 new age stocks shows that FIIs chose to cut their stakes 8 scrips in Q4FY25 compared to the Q3FY25, while mutual funds raised … Read more
New Delhi, ICICI Lombard on Tuesday reported a 2 per cent decline in net profit to Rs 510 crore for the fourth quarter ended March 31. The company had reported a post-tax net profit of Rs 520 crore in the year-ago period. However, the total income of the company rose to Rs 5,851 crore in … Read more
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies. Other big players across sectors, like HUL, Indian Hotels, OFSS, … Read more
Earnings of fast moving consumer goods (FMCG) companies witnessed positive volume growth in Q4FY23 after five consecutive quarters of decline. The recovery was led by their performance in the urban markets. FY23 was a year of divergence for the FMCG pack where prices grew despite the dwindling volumes on the back of high commodity prices. … Read more
A bunch of widely tracked companies like M&M, LIC, Shree Cements, HUDCO, ONGC, BPCL, Ashok Leyland, Hindalco, Vodafone Idea, and Nykaa would be releasing their March quarter report cards this week. Here’s a list:May 22Shree Cements, Bharat Petroleum Corporation, Aditya Birla Fashion and Retail, SJVN, Capri Global Capital, Finolex Industries, CESC, Sun Pharma Advanced Research … Read more
The fourth quarter earnings season is in the last leg and the Street is awaiting numbers from some of the top PSU companies and other index heavyweights including Airtel and ITC. Indian Oil, ITC, IndiGo, SBI, Zomato are among a slew of companies that are set to announce their fourth quarter results. So far, results … Read more
Last calendar year was a rough year for Indian metal stocks, and all the hopes that 2023 will bring some respite for the beaten-down sector are down in the doldrums as of now. In CY23, the Nifty Metal index recorded a decline of roughly 15%, making it the second worst performer, with Nifty Media leading … Read more
Lupin, Apollo Tyres, Westlife, Raymond and Nazara are going to announce their March quarter results on Tuesday. Here’s a brief preview of what the companies might report in the fourth quarter. Lupin Kotak Institutional Equities expects Lupin to report $175 mn US sales in the fourth quarter, tad lower than the preceding quarter due to … Read more