NIFTY: The Nifty opened at 18382.7 with a gap up of 116 points. Prices recorded its intraday high a few ticks above the opening price at 18384.20 and started moving downwards. Prices have seen a sharp decline of more than 300 points and recorded its intraday low at…
View on market: Stay Cautious, be with quality business: Asian stocks were steady Friday as traders weighed earnings reports and a looming payment deadline for China Evergrande Group. Treasuries pared a drop spurred by inflation worries. Equities fluctuated in Japan, fell in South Korea and rose in Australia.…
Result Analysis: Hindustan Unilever Ltd. Result Update Q2FY22 Particulars (In ₹. Cr) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Sale of Product 12516 11730 11276 6.70% 11.00% Other Income 113 67 151 68.66% -25.17% Total Income 12837 11982 11593 7.14% 10.73% Cost Of material Consumed 4092 3551 4107 15.24%…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed early Thursday as investors weighed corporate earnings, elevated inflation and risks from China’s property sector. Japanese shares edged down, while Australia and South Korea fluctuated. U.S. futures slipped after a mixed Wall Street session that…
NIFTY: The Nifty opened at 18439.90 with a gap up of just 21 points. Prices have first moved down and then quickly returned to record its intraday high at 18458.30. Bullish momentum fades out there and prices have started drifting downwards. A sharp decline of almost 240 points…
Particulars (In Rs. Cr.) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operations 856.37 745.3 680.68 14.90% 25.81% Other Income 0.19 2.4 -0.22 - - Total Income 856.56 747.7 680.46 14.56% 25.88% Employee Expenses 168.25 150.91 179.56 11.49% -6.30% Other Expenses (incl. Fees end comm. expense) 149.05 126.84…
View on market: Stay Cautious, be with quality business: Asian stocks Wednesday tracked a U.S. rally as a focus on corporate earnings helped ease some of the concerns over inflationary pressures in the global economy. Bond yields jumped. Equities rose in Japan, South Korea and Australia. U.S. futures…
NIFTY: The Nifty opened at 18602.35 with a gap up of 125 points. Prices first consolidated and then broke on the downside. The index filled the gap up and then drifted further on the downside. The decline was very sharp and prices bounced up immediately and rallied to…
Result Analysis: Larsen & Toubro Infotech Ltd. Result Update Q2FY22 Particulars (In Rs. Cr.) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operations 3767 3,463 2998.4 8.79% 25.63% Other Income 111.2 121.6 36.7 -8.55% 203.00% Total Income 3878.2 3584.1 3035.1 3.35% 18.53% Employee Benefit Expenses 2369.2 2208.2 1780.3…
Result Analysis: Ultratech Cement Ltd. Result Update Q2FY22 Particulars (In ₹. Cr) Q2FY22 Q1FY21 Q2FY21 QoQ % YoY% Revenue From Operation 12016 11830 10387 1.57% 15.68% Other Income 140 204 135 -31.37% 3.70% Total Income 12156 12034 10522 1.01% 15.53% Cost Of material Consumed 1731 1550 1350…