May 18, 2021 11:55 AM IST
The company posted adjusted EBITDA (earnings before tax, interest, depreciation and amortization) of 14.4 billion euros on revenue of 43.8 billion euros, down 2.6%, for the year.
- May 18, 2021 09:52 AM IST
The gains in Hyderabad Industries' stock price have been largely aided by valuation re-rating as market is catching up to the future business potential driven by changes in revenue mix.
- May 17, 2021 02:28 PM IST
The management highlighted that the railway segment is expected to do well on the back of a rising order book for rail modernisation
- May 17, 2021 09:27 AM IST
UPL expects revenue to rise 7-10 percent in the current fiscal after clocking 8 percent growth in FY21
- May 17, 2021 07:50 AM IST
The rise in COVID cases, inflationary concerns in the west, geopolitical flare-ups might cause short-term volatility in the markets but the longer-term outlook remains pretty stable and solid for Indian equities.
- May 14, 2021 07:17 PM IST
Emerging markets registered a 4 percent YoY growth in revenue and Europe showed a 7 percent growth in March 2021 quarter.
- May 14, 2021 10:04 AM IST
Over the past 12 months, Pidilite has seen notable improvements in market share as competitors are finding it extremely difficult to operate in an unprecedented business environment
- May 14, 2021 08:59 AM IST
Global vaccine maker floating tenders adds to the vaccination drive it certainly reduces the vaccination concerns that the Street has and the perceived risk attached to it, suggest experts.
- May 13, 2021 02:27 PM IST
The company added 23 new logos in the fourth quarter, taking the total number of clients to 173. The company has 3,228 employees as of March 31, 2021 and attrition rate stood at 12.4 percent.
- May 13, 2021 10:30 AM IST
The company reported a net profit of Rs 460.4 crore in the quarter-ended March 31, but the revenue dropped by 1.6 percent YoY to Rs 3,783 crore
- May 13, 2021 09:03 AM IST
The revenue mix improved considerably in Q4 owing to a higher contribution from the premium and the luxury segments, primarily aided by an upswing in demand from metros, Tier 1 and Tier 2 cities.
- May 11, 2021 10:05 PM IST
The pledged holding of the BSE-500 index shows that the value of pledged promoter holdings as a percentage of promoter holding declined to 1.64 in the March quarter from 2.09 in the December 2020 quarter.
- May 11, 2021 07:58 PM IST
Shares of UltraTech Cement have spiked nearly 80% on a one-year basis following the bullish momentum in the cement sector. We believe the stock investors should wait for some price correction to enter the stock with a long-term horizon.
- May 11, 2021 09:34 AM IST
Earnings over the next couple of quarters could be bumpy owing to the continued headwinds from COVID-19 and accelerating cost inflation
- May 10, 2021 10:06 AM IST
The second half of 2021-22 is expected to see a demand recovery for Hero MotoCorp on the back of customer preference towards personal mobility, positive rural sentiment and new products, especially in the premium segment
- May 06, 2021 05:11 PM IST
Adani Ports & SEZ saw strong recovery in volumes led by acquisition and economic recovery. There was a sharp improvement in the margins as a result of higher scale. While recent acquisitions are likely to support the company’s growth in the coming months, we believe the stock trades at a higher valuation, leaving little scope for appreciation.
- May 06, 2021 09:43 AM IST
The second half of the year for Mahindra CIE is expected to be good. Its EU business is also seen to do well because of a strong order book
- May 04, 2021 10:44 AM IST
The balance sheet of Dalmia Bharat has strengthened considerably and the net debt/EBITDA ratio reduced to 0.04x at the end of the March quarter
- May 03, 2021 09:00 AM IST
Ambuja’s solid balance sheet and improving cost structure offer sufficient margin of safety amid an uncertain demand environment
- May 01, 2021 02:00 PM IST
The Persistent scrip close 2.01 per cent up at Rs 2,038.55 per share on BSE, as against a correction of 1.98 per cent on the benchmark.
- May 01, 2021 01:54 PM IST
Shares of Ajanta Pharma closed at Rs1,834per scrip on BSE, down 2.97 per cent from its previous close.
- Apr 30, 2021 10:38 PM IST
RIL reported a strong sequential improvement for its Oil derivative and retail segments. Petrochemicals exhibited elevated product spreads and in the case of retail, the trend of sequential recovery continued across consumption baskets. Jio continued to report strong numbers despite lower ARPU
- Apr 30, 2021 01:42 PM IST
India's biggest conglomerate by market-cap will announce its quarterly results today
- Apr 30, 2021 09:53 AM IST
We continue to remain upbeat on Bajaj Auto because of a positive demand outlook in domestic and export markets. Its valuation also looks reasonable
- Apr 30, 2021 09:20 AM IST
First-quarter revenue rose 3 percent to 5.08 billion euro (Rs 45,600 crore), beating a consensus figure of 4.72 billion euro (Rs 42,370 crore)