The first quarter earnings season is almost coming to an end and as many as 660 companies will announce their quarterly numbers on Tuesday. Key results to watch out include Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals and IRCTC. Apart from the above, companies like Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance … Read more
The Indian market closed in the green for the second consecutive day. The S&P BSE Sensex rose more than 170 points, while the Nifty50 closed above 21,700 levels. However, on a weekly basis, Nifty50 closed flat with a negative bias for the week ending January 5, 2024. Sectorally, buying was seen in IT, capital goods, … Read more
With the earnings season nearing the end, more than 500 companies are scheduled to release the earnings for the quarter and half-year ended September on Wednesday. The big ones to watch out for will be United Spirits, Lupin, Oil India, Mazagon Dock Shipbuilders, Bharat Heavy Electricals, Pidilite Industries, Tata Power Co, and Patanjali Foods. The … Read more
ET Intelligence Group: ASK Automotive, a supplier of brake systems to two-wheeler makers, is planning to raise ₹834 crore from the initial public offer. The entire IPO is an offer-for-sale by its promoter that would bring down promoter holding to 75% post IPO compared with 100% before IPO. The company has been outperforming the two-wheeler … Read more