BUSINESS
Bajaj Auto Q4 Preview: Net profit may slump 25-30%; revenue likely to decline 12%
Subdued 2W demand in the domestic and export markets, lower 3W push in the export markets and rising input costs to take a toll on the company's financial performance
BUSINESS
HDFC Life Results Preview | Profit after tax and net premium income may grow 12% each
HDFC Life’s well-balanced product mix and strong distribution mix coupled with reasonable growth in annual premium equivalent will aid performance
BUSINESS
Campus Activewear IPO opens today – Should you subscribe?
Experts have expressed confidence in the company due to its inherent strengths of being the market leader, with integrated manufacturing capabilities, a robust omnichannel setup and widespread distribution network which will aid its performance in coming years.
BUSINESS
Deven Sangoi joins Abakkus Asset Manager as senior fund manager
Sangoi's last assignment was with Canara HSBC OBC Life Insurance as the chief investment officer where he was managing both the equity and fixed income.
BUSINESS
ICICI Bank likely to continue strong momentum with 26-40% upside after earnings
The bank is firing on cylinders and healthy credit growth, improved margins and lower loss provisions are likely to prop up return on equity
BUSINESS
ICICI Bank Q4 Results Preview| Profit may rise 36-46%, net interest income 20-24%
ICICI Bank may continue to witness strong traction in its loan growth especially to the SME (small and medium enterprise) segment, and both slippages and provisions are expected to slide further, resulting in better earnings, experts said.
BUSINESS
HCL Tech Q4 Result | Profit more than triples to Rs 3,593 cr, revenue up at Rs 22,597 cr
Profit numbers in the year-ago period exclude the impact of deferred tax credit and the one-time milestone bonus paid during Q4FY21, said the IT service provider
BUSINESS
L&T Technology Services Q4 results | Net profit rises 35% YoY to Rs 262 crore, revenue grows 22%
Consolidated profit for the full year period increased by 44 percent to Rs 957 crore as compared to Rs 663 crore in FY21. Revenue for the full year period were higher by 21 percent at Rs 6,570 crore compared to Rs 5,450 crore last year.
BUSINESS
HCL Tech Results Preview: Profit likely to increase 13%, revenue may grow 15%
Revenue is expected to be aided by growth in the IT services and engineering and research & development business. However, the products & platforms business may decline due to seasonality
BUSINESS
Autos Q4 Preview | Experts predict 11% revenue growth, mixed trend for OEMs, ancillaries
The domestic sales volume for the automobile sector fell 18 percent on-year during the quarter ended March 2022. The industry continued to face adverse impacts of the Ukraine crisis, the resultant surge in oil prices and the COVID-led lockdown in China
BUSINESS
L&T Infotech Q4 results | Profit rises 17% YoY to Rs 637 cr, revenue grows 31.6% to Rs 4,302 cr
The growth has been broad-based across verticals, service lines, client buckets and geographies. The year has seen the highest new client openings and net headcount additions
BUSINESS
ACC Q1 Result | Consolidated profit jumps 41 percent QoQ to Rs 396 crore; revenue grows 5 percent to Rs 4,427 crore
The cement volumes for the quarter declined by 3.3 percent on year to 7.71 million tonnes (MT) from 7.97 MT registered during the same period a year ago.
BUSINESS
Oil prices to remain firm as world tries to strike a demand-supply balance
The factors impacting the crude demand this year are a drop in China’s oil demand on account of lockdown and a surge in commodity prices and sanctions on Russia which have moderated the global economic growth
BUSINESS
Real Estate Q4 Preview | Demand momentum backed by new products bodes well for industry; margins under pressure
Product launches, robust collections and pre-sales, better pricing power and ability to absorb inflation help large listed players gain market share
BUSINESS
Mindtree Q4 results | Profit surges 49% on-year, revenue grows 37% YoY to Rs 2,897 crore
For the full year period, (April-March, 2022), PAT for the company was recorded at Rs 1,652.9 crore, a growth of 49 percent from the profit of Rs 1,110.5 crore reported for FY21.
BUSINESS
Pharma Q4 Preview | Despite strong domestic demand and modest US growth, cost pressure, lower prices to dent margins
Raw material prices aggravated due to COVID-led lockdowns in China and spike in logistics costs to overshadow revenue growth
BUSINESS
HDFC Bank to announce Q4 earnings today. Here's what to watch for
HDFC Bank Q4 earnings preview: Growth in NII expected to be led by healthy growth in advances, driven by strong sequential trends in retail loans, and rural and commercial banking. Margins to remain stable.
BUSINESS
Metals Q4 Preview | Ferrous companies margins to take hit despite better realisations; non-ferrous players may post robust earnings
Revenues of steel companies likely to increase but higher input costs may impact earnings. Base metal companies would benefit from higher commodity prices and volumes as well as weaker rupee
BUSINESS
Bulk deals | Nomura, Societe Generale reduce stake in debutant Hariom Pipe Industries
Nomura and Societe Generale liquidated 1.35 and 0.79 percent of their stake in the pipes maker while GW Crowne Ptd Ltd and Linus Private Ltd sold their entire stake for a total consideration of Rs 284 crore.
BUSINESS
Here are 23 stocks from top five PMS schemes that outperformed Nifty in March
Of the 270 schemes tracked by pmsbazaar.com in March, 110 schemes (41 percent of the total) generated better returns than the Nifty, data shows. Seventy four schemes (27 percent) generated more than five percent returns for the month.
BUSINESS
Infosys Q4 results | Profit rises 12 percent from last year to Rs 5,686 crore, revenue grows to Rs 32,276 crore
Differentiated cloud services and large deal momentum enabled Infosys to achieve its highest annual growth in a decade. Supply side challenges and higher visa costs, however, have dented the margins for the company.
BUSINESS
Cement Sector Preview | Bag of mixed fortunes; strong demand gets overshadowed by high operating costs
Experts expect cement demand to remain robust in Q1FY23 with the onset of peak season and increase in construction activities driven by pick up in government projects, strong real estate and improvement in rural demand post a good rabi crop harvest
BUSINESS
Infosys Q4 Earnings Preview | Profit may grow 15-20 percent on year; Revenue likely to increase 24 percent
Experts expect the company to report a profit of Rs 5,950 crore on revenue of Rs 32,700 crore in the fourth quarter.
BUSINESS
Market volatility drives PE investments down 30.7% in first 3 months this year: Refinitiv
There is also substantial capital waiting to be deployed as India-based PE funds raised $4.4 billion so far this year, more than double the amount raised from the first quarter of last year
