BUSINESS
One of best earnings growth story among largecaps: Analysts react to RIL’s Q4 performance
The refining business was the key driver of the performance for RIL in the March quarter.
BUSINESS
MPC’s communication style: From the “Draghi moment” to “Bernanke moment”
The May 4 announcement was perplexing also against the backdrop of the fact that the same MPC had won plaudits in 2020 for its effective communication and management of the markets’ ability to price in forward expectations.
BUSINESS
Axis MF’s big bets take a pounding amid corporate governance concerns
Dealers said that traders were extensively shorting some of the top holdings of the mutual fund
BUSINESS
RIL Q4 Preview | Consolidated net profit to surge 38% led by refining business
Analysts expect the refining business of RIL to benefit from a surge in global gross refining margins
BUSINESS
Resilient earnings give equities solace as RBI goes full throttle on rate hikes
Economists now expect the central bank to raise the repo rate by as much as 210 basis points by end of 2023
BUSINESS
Forex market hopes to see foreign investors pump $1 billion into LIC public issue
The reception of the IPO by foreign investors has been muted so far. The anchor portion of the IPO saw only 18.08 percent of the more than 59 million shares on offer
BUSINESS
Rakesh Jhunjhunwala's wish list for Titan: bonus issue, Fastrack revival
Titan reported subpar quarterly earnings for the three-month period ended March, with net profit declining over 7 percent on-year
BUSINESS
Hero MotoCorp Q4 Preview | Net profit to sink 33.6% on weak volumes, lower profitability
The decline in net profit will likely stem from a weak topline performance and slump in profitability
BUSINESS
Volatility making retail investors jittery, direct investment in equities at a 6-month low
In March, retail investors put in Rs 7,100 crore, the lowest in more than six months, in the equity market through NSE. Net inflows from retail investors were down 49 percent month-on-month in March, NSE data shows
BUSINESS
A comeback in the making? Maruti Suzuki’s Q4 sparks revival chatter
While volume recovery may be on the anvil for Maruti Suzuki, margin recovery still remains muddled in uncertainty
BUSINESS
IndusInd Bank Results Preview | Net profit to more than double on lower provisions
Rise in bottomline will largely be supported by a sharp decline in provisions
BUSINESS
Maruti Suzuki Results Preview | Net profit to rise 34% on price hikes
Rise in net profit likely to be aided by growth in revenues and price hikes
BUSINESS
BofA Securities downgrades Bharti Airtel as high inflation may distort earnings
The brokerage, however, refrained from cutting its price target of Rs 810 on the stock.
BUSINESS
Axis Bank Earnings Preview | Net profit to soar 49% on falling provisions
Analysts expect provisions to fall 56 percent year on year to Rs 1,450 crore.
BUSINESS
How long will Indonesia’s ban on crude palm oil exports last?
Analysts say higher crude palm oil prices will further force domestic fast-moving consumer goods companies to raise prices at a time when their previous price hikes have started to dent volumes
BUSINESS
Nifty, Sensex slump for second session, 6 factors driving the sell-off
The losses were driven by weakness in the shares of information technology and fast-moving consumer goods companies
BUSINESS
Bajaj Finance Results Preview | Net profit to soar 75% on strong loan growth
Bajaj Finance will release March quarter earnings on April 26
BUSINESS
Booming profits of listed companies mask deeper trouble in corporate sector
The pandemic, for all its adversities, turned out be a boon for listed companies only
BUSINESS
New-age tech giants need to show pricing power, says Kenneth Andrade
The midcap mogul believes investors need to get used to a higher interest rate environment
BUSINESS
Retail investors keep faith in IT sector’s multi-year bull run as institutions waver
Of the 11 IT firms that have so far disclosed their March quarter shareholding, retail investors were buyers in all of them
BUSINESS
Why Tata Power stock slumped despite $526-million renewable energy deal?
The renewable energy business has been garnering investor interest over the past 18 months as the government steps up efforts to shift India’s energy dependence away from fossil fuels
BUSINESS
Specialty Chemicals Q4 Preview | Revenue growth seen strong on firm demand
Margins of specialty chemicals companies will see pressure on a year-on-year basis given the more than 36% jump in crude oil in the March quarter.
BUSINESS
Telecom Q4 Preview | Average user revenue to soar, subscriber addition to suffer
This will be the first full quarter for telcos after they increased tariffs, which triggered a churn among some user segments.
BUSINESS
Adani Green breaks into big boys’ club on D-Street
The recent rally in the stock has seen it surpass the market capitalisation of both ITC and Kotak Mahindra Bank.
