BPCL Q3 Preview: Management's outlook on refining and marketing margins, throughput recovery, and crude price impacts will be key to future performance
When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said, attributing the same to the easing in input costs and also price hikes by many companies.
This was the first profit for the company after seven consecutive quarterly losses.
The Aurobindo Pharma stock currently trades at a valuation of 6.6x FY23e EV/EBITDA, which is at a substantial discount to its Indian peers with an exposure in the US market
From a big product launch perspective, FY24 onwards is a more reasonable time period to watch for Lupin
Being the market leader, IndiGo has the potential to grow its earnings faster
Net revenue increased 89 percent to Rs 9,294.77 crore from Rs 4,909.98 crore a year ago.
Revenue from operations jumped 63% to Rs 278.76 crore in the October-December period from Rs 170.49 crore a year ago.
Value unlocking in renewable business and improving earnings to support the NTPC stock
High input costs continue to be a worry amid higher crude oil prices
Attractive valuation and improving fundamentals make Mazagon Dock a great buy
TCS is seeing an uptick in pricing. Customers are more open to discussions on price changes now than a year back
Net profit totalled Rs 2,970 crore in Q3 compared to Rs 2,931 crore at the end of the September quarter (Q2 2021-22).
Companies in the S&P 500 stock index are forecast to deliver year-on-year earnings growth of nearly 22 per cent for October-December 2021, according to Wall Street estimates
An increase in payrolls is expected for all seven industry sectors during the coming quarter. The strongest year-on-year improvements are reported in Services, Manufacturing and Finance, Insurance and Real Estate.
In the current fiscal, as the pandemic impacted trade, the current account had been in surplus in the previous two quarters, at $15.1 billion and USD 19 billion, respectively, as per the data on balance of payments released by the RBI on Wednesday.
The GDP numbers project a huge rise in government spending in the current quarter
We believe sectors like Insurance, Chemicals, Retail, Consumer Durables etc. that have a long runway of earnings growth due to structural factors should do well over the next decade, says Venkataraman.
Stocks that gave double-digit returns consistently in the last quarter of the previous three calendar years include names like DB Realty, GMM Pfaudler, Dolat Investments, Alkyl Amines, Manappuram Finance etc.
Topline growth has slowed down further, but the surprise is the drop in net profit despite the corporate tax cut
Investors should use the list to shortlist stocks for investment but at the same time use their own research as an investment into small & midcaps stocks could be tricky.
The shares of these four companies have given positive returns since September 2019
In the December quarter, big churn was witnessed in banks (both private and PSU), OMCs, metals, NBFCs, consumer and FMCG by the major Institutions.
The company had clocked Rs 47 crore PAT during the same quarter a year ago, Ashoka Buildcon said in a statement.