View on market: Stay Cautious, be with quality business: Asian markets were poised to advance on Monday after a rebound on Wall Street last Friday and Fed comments alleviating fears of aggressive policy moves. Markets in Hong Kong, Shanghai, Singapore and Seoul were closed for Lunar New Year…
View on market: Stay Cautious, be with quality business: Asian markets were set for a mixed open on Friday after US benchmarks declined for a third day as risks like rising interest rates, economic growth and earnings kept sentiment in check. Australian and Japanese shares were little changed…
Result Analysis: UltraTech Cement Limited (CMP: Rs.6891) Result Update: Q3FY23 UltraTech Cement Limited (“UltraTech”) is the cement flagship company of the Aditya Birla Group. A USD 7.1 billion building solutions powerhouse, the company is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in…
Result Analysis: HDFC Life Insurance Company Ltd. (CMP- ₹590.55) Result Update: Q3FY23 HDFC Life Insurance Company Ltd. (HDFC Life) was established in 2000, and is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs…
Hindustan Aeronautics Limited (HAL) is one of the leading Indian government owned Aerospace and Dfence company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures. The Company has been set up…
Result Analysis: AU Small Finance Bank Limited (CMP: Rs.621) Result Update: Q3FY23 AU Small Finance Bank (AU SFB) is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations and other services. The major business segments of the bank are…
Result Analysis: Asian Paints Ltd. (CMP:Rs.2868) Result Update: Q3FY23 Asian Paints Ltd. is the market leader in the paints sector in India with 80 years’ experience with presence in 15 countries across the world. The company manufactures a range of decorative and industrial paints. It also offers wall…
NIFTY: the NIFTY opened at 18119.80 with a gap down of 46 points. The index initially moved lower but soon found support around 18050 and bounced up. Prices have recorded its intraday low at 18063.75 and rallied sharply to recover the losses but failed to do so. The…
Result Analysis: Persistent Systems Limited (CMP: Rs.3961) Result Update: Q3FY23 Persistent Systems Ltd. is a software solution provider company catering to mainly three segments: Technology Services, Banking, Financial Services and Insurance (BFSI), and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified…
Result Analysis: IndusInd Bank Limited (CMP: Rs.1223) Result Update: Q3FY23 IndusInd Bank is one of the fastest growing private bank in India engaged in providing a wide range of banking products and financial services to corporate and retail clients. It is the fifth largest private bank in India…