BUSINESS
Eicher Motors Q2FY22 Results Preview | Subdued RE volumes to overshadow strong performance by VECV business
Experts expect Eicher Motors’ revenues to decline between 5 percent and 7 percent on a yearly basis and profits are expected to dip by 7-9 percent.
BUSINESS
Bharti Airtel Q2 Results: Revenue rises 13% to Rs 28,326 crore; PAT climbs to Rs 1,134 crore
During the quarter, Airtel Payments Bank turned profitable with a strong total customer base of over 115 million and highly engaged Monthly Transacting Users base of over 31 million.
BUSINESS
Tata Motors Q2 Results Preview: Brokerages see 14% drop in revenue, Rs 4,000-crore net loss
Global semiconductor supply shortage may hit Jaguar Land Rover volumes which, in turn, may overshadow strong domestic performance.
BUSINESS
Marico Q2 Result: Revenue grows 22% to Rs 2,419 crore, PAT up 8% to Rs 309 crore
FMCG business witnessed an overall y-o-y growth of 22 percent with India business growing by 24 percent and International business by 14 percent.
BUSINESS
Maruti Suzuki: Q2FY22 Results Preview: Profit set to decline 43%
The experts expect the revenues to be marginally higher on y-o-y basis due to the numerous price hikes implemented by the company. The volumes are expected to decline due to COVID- induced global chip shortage.
BUSINESS
Titan Q2 Results Preview | Strong all-round performance to drive 64% YoY growth in revenues, PAT to increase by 175%
In a quarterly update to the stock exchanges, the company said it experienced strong YoY growth of more than 70 percent across all business segments
BUSINESS
ITC Q2 Result Preview: PAT may rise up to 12% YoY, say analysts
As per analysts, key factors to watch out for include the outlook on Hotels division, cigarette demand and price trends, adoption of newly-launched products, and performance of Agri and Packaging divisions.
BUSINESS
Cipla Q2 Result | Profit rises 7% YoY to Rs 711 crore, revenue up 10% at Rs 5,520 crore
Revenues were aided by brisk business in the domestic and US formulations space for the company as well as in other parts of the world.
BUSINESS
Cipla Q2 Results Preview: Topline likely to increase 4%, bottomline 6%, say experts
Investors would look at the outlook for limited competition pipeline in the US, decision on Avenue Therapeutics and update on inhaler products for the US
BUSINESS
Nestle Q2 Results Preview: Experts look at 11% rise in revenues on demand spike
Key monitorables will be the outlook on consumption trend; raw material prices, pricing action and new product development launch pipeline”.
EARNINGS
L&T Infotech Q2 Results: Net profit rises to Rs 551.7 crore, revenue grows to Rs 3,767 crore
BFSI continued to be the largest contributor to the revenues with a 32.5 percent share, followed by distant manufacturing at 15.6 percent.
EARNINGS
UltraTech Q2 Results Preview – Experts see topline growing 11% to Rs 11,300 crore
Muted demand, rising input and freight costs to impact the cement major's performance this quarter.
BUSINESS
Avenue Supermarts Ltd. Q2 Result | Profit rises 110% YOY to Rs 418 crore, revenue grows 46.6% YOY to Rs 7,789 crore
“Covid-19 related lockdown restrictions were eased further during this quarter. Revenue in the DMart stores grew by 46.6% over the corresponding quarter of last year”.
COMMODITIES
Gold Price Today: Yellow metal trades lower; experts suggest caution after yesterday’s rise
The outlook for today is positive, with some consolidation expected after the sharp rally. Market participants are advised to follow key pivotal levels on both sides.
STOCKS
Rakesh Jhunjhunwala reduces stake in pharma major Lupin
Trendlyne is showing Jhunjhunwala’s holding in the company as ‘below 1%’ as of September 30, 2021.
COMMODITIES
Gold Price Today | With sentiment shaky, safe haven buying to support gold prices
Gold price: Both precious metals to continue to move in the upward direction due to rising inflation, Chinese firm’s debt concerns and global energy crisis.
EARNINGS
Infosys Q2 preview: Analysts expect revenue growth of 5.3% QoQ, 19.8% YoY
Revenue increase is expected to be led by a ramp-up of the Daimler deal, broad-based growth across verticals and seasonal strength
COMMODITIES
Gold Price Today | Yellow metal trades higher as traders await fresh fundamental drivers
Gold prices; Buying is expected to emerge at lower levels as headwinds to the global economy may burnish gold's safe haven appeal
EARNINGS
TCS Q2 Earnings: Here are ten key takeaways
“We are using the growth tailwind to invest in strengthening relevant capabilities and building out a comprehensive portfolio of offerings that caters to a broader set of stakeholders in the enterprise across business cycles, strengthening our brand, and making our business more resilient.” Rajesh Gopinathan, CEO and MD TCS said.
BUSINESS
Q2 preview: Earnings growth likely to be skewed
Although overall earnings growth is expected to be strong, analysts expect it to be driven by a handful of sectors.
STOCKS
Cheap valuations, energy shortage fuel rally in power, energy stocks
Investors can take fresh some exposure to the beneficiaries of rising fuel/power prices, advises one analyst.
BUSINESS
S&P Power Index: Powering its way to new highs
The government's intent is to improve efficiency and bring in new investments and the dramatic rise in stock prices is a reflection of this sentiment.
BUSINESS
Disinvestment talks spark rally in PSU stocks
The investors are seeing value in PSU stocks as they had been underperforming during the previous rallies and are now available at attractive valuations compared to other stocks which are now running at very high valuations and have now become risky.
BUSINESS
Indian Banking Sector – Ready to take off
India as a country is still under-penetrated as far as banking is concerned and there is a huge opportunity across the sub-segments of the industry. India’s retail loans to GDP ratio is less than 15 percent as against close to 80 percent for the US and the UK.
