Q1 results today: Hindalco, Nykaa among 660 companies will announce earnings on Tuesday

Q1 results today: Hindalco, Nykaa among 660 companies will announce earnings on Tuesday

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

Will Nykaa’s performance tread the Zomato path?

Will Nykaa’s performance tread the Zomato path?

Shares of FSN E-Commerce Ventures are expected to witness their next leg of performance riding on margin improvements which will be akin to Zomato, according to estimates by Nuvama. The domestic brokerage reiterated its buy rating on the Nykaa operator while marginally raising the price target to Rs 192 from Rs 189, as suggested earlier. … Read more

IPO: Strictures leave IPO financing at a dead end

IPO: Strictures leave IPO financing at a dead end

Mumbai: The initial public offering (IPO) market is red hot, with five issues worth ₹7,400 crore opening for subscription this week, but enthusiasm is muted among finance companies that have historically lent to bidders in such share sales. With stringent rules on IPO financing put in place by the Reserve Bank of India (RBI) and … Read more

Nykaa Q2 net profit grows by 50% year-on-year to Rs 7.8 crore

Nykaa Q2 net profit grows by 50% year-on-year to Rs 7.8 crore

NEW DELHI: Nykaa’s net profits increased to Rs 7.8 crore in the September quarter on a consolidated basis from Rs 5.2 crore in the year ago period. Revenue from operations grew by 22% year-on-year to Rs 1,507 crore during the quarter. “This is despite the festive season witnessing a delay this year, moving into October … Read more

Positive Breakout: Britannia Industries and 3 other stocks cross above their 200 DMA – Upside Ahead?

Positive Breakout: Britannia Industries and 3 other stocks cross above their 200 DMA – Upside Ahead?

TATA CONSUMER PRODUCTS Share Price 878.90 03:59 PM | 06 Sep 2023 32.60(3.85%) Divis Laboratories Share Price 3707.95 03:51 PM | 06 Sep 2023 65.65(1.80%) Bharti Airtel Share Price 880.30 03:58 PM | 06 Sep 2023 14.40(1.66%) Cipla Share Price 1256.75 03:59 PM | 06 Sep 2023 17.80(1.44%) HDFC Bank Share Price 1595.50 03:59 PM … Read more