earnings

According to a report by S&P Global Ratings, increasing stability in the sector will boost earnings and strengthen credit metrics.“We believe institutions will take the opportunity to focus on much-needed earnings and balance sheet improvement. Investors will likely be willing to commit...

Sensex closed 36.2 points i.e. 79,960.38, while Nifty fell just 3.3 points to close at 24,320.Top gainers on the Nifty include ONGC, ITC, HDFC Life, HUL and Tata Consumer Products, while losers include Divis Labs, Titan Company, BPCL and Shriram Finance.BSE midcap and smallcap indices closed...

The market trend next week will be decided by domestic and global factors.On the domestic front, India's Union Budget to be presented on July 23 is an important event, with the Q1 earnings season also starting this week. Major companies like Tata Consultancy Services (TCS) and HCL Tech will...

New Delhi: Foreign investors poured over Rs 7,900 crore into Indian stocks in the first week of the month amid healthy economic and earnings growth momentum.With this, FPI's total investment in equities has reached Rs 1.16 lakh crore so far this year, depositories' data showed.Going forward...

New Delhi, Stock markets will be guided by global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings of IT majors TCS and HCL Technologies will guide the investor sentiment, analysts said.Markets could consolidate after last week's...

Thrissur (Kerala), Union Minister Suresh Gopi on Thursday said he will continue acting in films and will use a part of his earnings for the benefit of people and society.The actor-turned-politician, who won the Thrissur Lok Sabha seat on a BJP ticket in the general elections this year, also...

New Delhi, Kotak Mutual Fund has resumed subscription of its small-cap funds from this Tuesday after a gap of four months.MFs had restricted lump sum investments in their small-cap funds in March 2024 after a significant rise in small-cap stock prices. Moreover, the sharp rise in valuations...

New Delhi: Reliance Industries Ltd can add up to $100 billion to its market capitalization in its fourth monetization cycle of this century as new cash flows emerge and valuation multiples catch up, Morgan Stanley said in a report.The oil-to-telco conglomerate has seen monetization cycles...

New Delhi: Nag Ashwin's 3D film "Kalki 2898 AD" registered a record opening at the global box office and collected Rs 191.5 crore on the first day of release, the makers said on Friday.Touted as a fusion of the Hindu epic Mahabharata and science fiction, the big-budget film is produced by...

New Delhi [India], Indian stock markets opened at a record high on Wednesday with Sensex rising by over 242 points at 77,418 while Nifty opened at 23,629.80 with a gain of 71.90 points.The Nifty Bank index opened at 50,607.90, up 167 points or 0.33 per cent, while the Nifty Midcap 100 opened...

LAHORE: Pakistan cricketers are at risk of a review of their central contracts and a possible pay cut by the PCB following their early exit from the T20 World Cup.Defeats against a weak United States and arch-rivals India proved costly for Pakistan as it crashed out of the tournament on Friday...

New Delhi [India]: Asian earnings growth is projected to exceed that of the US and Europe for both this year and next, according to a recent CLSA analysis citing Bloomberg estimates.This optimistic outlook is in line with the latest monetary policy report of the Reserve Bank of India (RBI)...

According to preliminary findings of the central agency, fish produced in fisheries owned by Shahjahan or purchased at low prices under pressure from other fishery owners, was exported through these two corporate entities.Sources said Shahjahan controlled the operations of both these fish and...

New Delhi: ReNew Energy Global Plc on Thursday said its net profit rose seven-fold to US$7 million in the January-March quarter of FY24 due to higher income and lower expenses.Total revenue declined 4.4 percent to US$297 million in the latest fourth quarter, from US$311 million in the same...

New Delhi [India], Motilal Oswal Financial Services says the policy agenda of Modi 2.0 will continue in Modi 3.0 as well. The coalition government or the BJP's weak majority is unlikely to slow down the pace of major reforms.According to the report, the new government may sweeten the deal by...

Nagpur: Nagpur division of Central Railway recorded freight earnings of Rs 472.03 crore by loading 1,142 rakes in May, which is 1.3 per cent higher than the same period last year.According to the CR release, this achievement underlines the division's commitment to continuously deliver value to...

New Delhi [India], Equity markets, which had shown signs of anxiety and rising volatility due to political uncertainty in April and May 2024, are likely to experience significant relief, reports Motilal Oswal.With election results soon giving a clear mandate, markets are expected to stabilize...

New Delhi, Travel tech platform Oyo reported its first profitable financial year in fiscal 2023-24 with net earnings of around Rs 100 crore, founder Ritesh Agarwal said on Thursday.social media platform“While a happy customer or a hotel partner brings the biggest smile to my face, our first...

New Delhi: With an expected earnings growth of 15 per cent, the benchmark index Nifty 50 could reach the level of 24,500 by December 2024 and cross the 26,500 level by December 2025, Emkay Investment Managers said on Tuesday.The 50-share Nifty closed at 22,888.15 on Tuesday. In the previous...

New Delhi: Experts said the current rally in the stock market is due to strong fundamentals and robust corporate earnings and retail investors may look for buying opportunities to accumulate quality stocks.Benchmark Sensex touched 76,000 for the first time on Monday, while Nifty hit a new...