BUSINESS
Sobha Developers Q1 PAT seen up 17.7% YoY to Rs. 56.1 cr: ICICI Direct
Net Sales are expected to increase by 15.4 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 778.6 crore, according to ICICI Direct.
BUSINESS
Mahindra Lifespace Q1 PAT may dip 10.4% YoY to Rs. 9.5 cr: ICICI Direct
Net Sales are expected to decrease by 27.3 percent Y-o-Y (down 45.3 percent Q-o-Q) to Rs. 79.5 crore, according to ICICI Direct.
BUSINESS
Oberoi Realty Q1 PAT seen up 209.8% YoY to Rs. 283.1 cr: ICICI Direct
Net Sales are expected to increase by 206.7 percent Y-o-Y (up 133.4 percent Q-o-Q) to Rs. 799.7 crore, according to ICICI Direct.
BUSINESS
Bajaj Corp down 3% on weak Q1 nos; Macquarie maintains outperform
The company has reported 2 percent fall in its Q1 net profit to Rs 53.76 crore versus Rs 54.97 crore in the same quarter last fiscal.
BUSINESS
Greenply Industries Q1 PAT seen up 6.1% YoY to Rs. 32.5 cr: ICICI Direct
Net Sales are expected to increase by 4.2 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 406.7 crore, according to ICICI Direct.
BUSINESS
Century Plyboards Q1 PAT seen up 7.9% YoY to Rs. 36.8 cr: ICICI Direct
Net Sales are expected to increase by 24.4 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 545.5 crore, according to ICICI Direct.
BUSINESS
Somany Ceramics Q1 PAT seen up 216.1% YoY to Rs. 19 cr: ICICI Direct
Net Sales are expected to increase by 30.5 percent Y-o-Y (down 17.4 percent Q-o-Q) to Rs. 435.1 crore, according to ICICI Direct.
BUSINESS
Kajaria Ceramics Q1 PAT seen up 1.3% YoY to Rs. 51.6 cr: ICICI Direct
Net Sales are expected to increase by 3 percent Y-o-Y (down 13.8 percent Q-o-Q) to Rs. 646.6 crore, according to ICICI Direct.
BUSINESS
UPL stock dips 2% after Investec cuts target price by 25%
Investec cut price target to Rs 785 from Rs 1,050 earlier due to depreciating Brazilian Real and on news around Arysta acquisition.
BUSINESS
Flying in peak hours may burn a bigger hole in your pocket
In the ongoing arrangement, the landing fees paid by airlines are determined by the weight of an aircraft and not according to the time of its operation
BUSINESS
VST Industries Q1 PAT seen up 35% YoY to Rs. 53.7 cr: ICICI Direct
Net Sales are expected to increase by 28.1 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 267.9 crore, according to ICICI Direct.
BUSINESS
Aurobindo falls 4% despite acquisition of European firm Apotex, Credit Suisse sees 16% upside
While maintaining Overweight rating on the stock with a target price at Rs 700 per share, global brokerage house Credit Suisse said the acquisition should be EPS accretive by end of the first year.
POLITICS
Opposition to meet to pick RS Dy Chairperson candidate, strategy for monsoon session
Congress and other opposition parties are expected to meet on Monday and finalise a possible consensus candidate for Rajya Sabha Deputy Chairperson election and chalk out a strategy for the monsoon session
BUSINESS
Varun Beverages Q1 PAT seen up 14.5% YoY to Rs. 281.2 cr: ICICI Direct
Net Sales are expected to increase by 25.7 percent Y-o-Y (up 82.9 percent Q-o-Q) to Rs. 2,052.8 crore, according to ICICI Direct.
BUSINESS
Prabhat Dairy Q1 PAT seen up 111.8% YoY to Rs. 12.4 cr: ICICI Direct
Net Sales are expected to increase by 13.6 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 408.4 crore, according to ICICI Direct.
BUSINESS
As Bhushan Power & Steel lenders meet, operations creditors approach NCLT
The National Company Law Appellate Tribunal had last week asked the lenders to go ahead with the resolution process and select one of the bids
BUSINESS
Nestle India Q1 PAT seen up 53.1% YoY to Rs. 403.3 cr: ICICI Direct
Net Sales are expected to increase by 18.4 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 2,844.3 crore, according to ICICI Direct.
BUSINESS
Marico Q1 PAT may dip 1.3% YoY to Rs. 232.9 cr: ICICI Direct
Net Sales are expected to increase by 10.3 percent Y-o-Y (up 25.3 percent Q-o-Q) to Rs. 1,855.2 crore, according to ICICI Direct.
BUSINESS
Jyothy Laboratories Q1 PAT seen up 141.6% YoY to Rs. 49.8 cr: ICICI Direct
Net Sales are expected to increase by 26.3 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 450.4 crore, according to ICICI Direct.
BUSINESS
Closing Bell: Sensex ends over 200 points lower, Nifty gives up 10,950; Tata Steel down 7%
The Sensex was down 217.86 points or 0.60% at 36323.77, while the Nifty was down 82.00 points or 0.74% at 10936.90
TRENDS
Chaos strikes Rajasthan amid police constable examination
Major cities such as Jodhpur, Jaipur and Udaipur suffered internet cut up till 5 pm on Sunday
BUSINESS
ITC Q1 PAT seen up 13.9% YoY to Rs. 2,915.7 cr: ICICI Direct
Net Sales are expected to increase by 9.3 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 10,881.8 crore, according to ICICI Direct.
INDIA
Kiran Bedi associates Puducherrians with French World Cup victory, gets trolled on Twitter
The former Indian Police Services officer’s association with French win, even as Puducherry is part of India, wasn't missed by her followers on Twitter
BUSINESS
GSK Consumer Q1 PAT seen up 34.4% YoY to Rs. 177.7 cr: ICICI Direct
Net Sales are expected to increase by 8.5 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 1,068.7 crore, according to ICICI Direct.
