Recently, Kotak Institutional Equities issued a sell rating on the stock due to raw material price pressures and set a target price of Rs 50, significantly lower than the current market price
Gross non-performing assets (NPA) of the bank deteriorated to 1.34 percent in the reporting quarter
The company reported net profit of Rs 107 crore during the same period a year ago
Mahindra Logistics reported Rs 8.30 crore net loss in the quarter ended June 30, 2023, as against Rs 13.64 crore net profit reported in Q1FY22.
The company's total income during the January-March period of 2022-23 rose to Rs 3,917 crore against Rs 3,016 crore in the year-ago period, SBI Card said in a regulatory filing.
The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 30.94 crore in the year-ago period, according to a regulatory filing.
Robust revenue acceleration, operational efficiencies and strong commentary on demand prompted Infosys to revise its guidance upward. With the stock underperforming Nifty and IT index in the past three months, we see a catch-up in stock performance and likely closure of the valuation gap with bellwether TCS. Here’s why MC Pro recommends you to add the stock on every decline.
Total income of the housing finance company rose to Rs 2,078.46 crore as compared to Rs 1,416.21 crore in the same period a year ago.
The company had posted a net profit of Rs 83.51 crore in the year-ago period.
Broadcaster Sun TV Network's standalone net profit remained almost flat at Rs 235.91 crore for the fourth quarter ended March 31.
Israel-based Taro's first quarter net income declined 7 percent, while revenue fell 4 percent, which the company said was due to a one-time charge taken to meet contractual obligations.
Indian investors are gearing up for key earnings results, including from Tata Consultancy Services Ltd (TCS) , Reliance Industries Ltd , and ITC Ltd , as well as inflation data on Monday.
Ajay Bodke of Prabhudas Lilladher tells CNBC-TV18 why he prefers private sector banking names over public sector banks. He also talks about select stocks such as TCS, Infosys, Crompton Greaves and Exide.
Our markets closed in the red with the Nifty below 5,250 pulled lower by technology and banking counters. Even rumours of an unlikely rate cut by the RBI added fuel to the fire. What is in store for us today? Read on for more...
A Greek overhang remains on the global markets while back home, there seems to be no near-term respite for our currency. So, how will the rupee fare in trade today after plunging to an all-time low of 54.49 to the dollar? And will our market break the 5800 barrier? Read on for more...
Fears of a Greek euro exit trouble the markets while the rupee is heading towards its lifetime low of 54.30 now. So what is in store for today's trade? Read on for more…
Eurozone concerns continue to loom over the markets while back home we have big earnings results from L&T, SBI, JSW Steel and Ashok Leyland to watch out for today.
Global markets were subdued while it was a rough session on the Nifty as well yesterday. Read on for more...
The Nifty is languishing around 5540 as it soaks in the earnings results; some okay, some not so good. But it’s been infrastructure which has dealt a really crunching blow today.
World stocks, with the exception of Wall Street, rose on Wednesday on strong earnings results and hopes for an increase in the US debt ceiling, while the euro gained on guarded optimism that an accord to avert a Greek default would be reached.