Page 13 - Corporate Earnings
LG sees record fourth quarter earnings on solid home appliance sales
LG Electronics on Friday forecast robust fourth-quarter earnings as sales from its mainstay home appliances apparently remained solid
 "LG sees record fourth quarter earnings on solid home appliance sales")
Vaccine rollout to higher earnings: Why investors are bullish on US stocks
The roll out of coronavirus vaccines has emboldened investors, along with the U.S. Federal Reserve's expressed readiness to keep policy accommodative, strategists said
 "Vaccine rollout to higher earnings: Why investors are bullish on US stocks")
Direct exposure to equities is fraught with risks for unseasoned investors
Begin investing directly in a very small portion of your portfolio and see if you have the flair for it
 "Direct exposure to equities is fraught with risks for unseasoned investors")
IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs
Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree were up in the range of 3 per cent to 6 per cent on the NSE
 "IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs")
Top factors that will shape trajectory of Indian markets in 2021
The top three Covid-19 vaccines that are currently awaiting the government's approval in India are: Pfizer and BioNTech, Oxford-AstraZeneca and Bharat Biotech's Covaxin
 "Top factors that will shape trajectory of Indian markets in 2021")
Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts
Corporate earnings, especially in the July - September 2020 quarter (Q2FY21), got a boost from lower raw material cost and cost cutting measures adopted by companies in the backdrop of Covid-19
 "Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts")
Top headlines: Govt reaches out to farmers, US lawsuits seek Facebook split
Business Standard brings you top headlines of the evening
 "Top headlines: Govt reaches out to farmers, US lawsuits seek Facebook split")
Best of BS Opinion: UK Covid-19 vaccine, better corporate results and more
Business Standard brings you top Opinion pieces of the day
 "Best of BS Opinion: UK Covid-19 vaccine, better corporate results and more")
Leaders and laggards: Sectors that did well in Q2, and those that didn't
Banking, oil and gas, pharma, tyres, cement, and FMCG (except tobacco) were among sectors to register a good performance for the quarter ended September
 "Leaders and laggards: Sectors that did well in Q2, and those that didn't")
Savings, profits, stocks can't stay high for long amid low income and interest rates
Things that cannot go on forever will not go on forever. There will be a change in the direction of the wind. One must hope it will be slow and calibrated, writes T N Ninan
Divi's Laboratories surges 6%, hits a record high on strong Q2 numbers
Q2FY21 EBITDA margins expanded 843 bps YoY to 42.4 per cent due to significantly better gross margin performance and lower other expenditure.
 "Divi's Laboratories surges 6%, hits a record high on strong Q2 numbers")
US poll result: India to be one of the gainers despite demanding valuations
Emerging Markets including India could offer a more compelling opportunity than developed markets.
 "US poll result: India to be one of the gainers despite demanding valuations")
HDFC Bank stock hits record high, advances 25% in three months
The stock of the private sector lender has outperformed the market by surging 10 per cent in the past week, as compared to a 5.6 per cent rise in the S&P BSE Sensex.
 "HDFC Bank stock hits record high, advances 25% in three months")
Apollo Pipes soars 29% in one week on hopes of better demand
In Q2FY21, the company's net profit after tax grew 64 per cent YoY at Rs 9.5 crore, on the back of 28 per cent growth in operational revenues at Rs 123.3 crore over the previous year quarter.
 "Apollo Pipes soars 29% in one week on hopes of better demand")
ITC Q2 preview: Revenue from hotels biz may fall over 90%; FMCG to do well
Key monitorables include cigarette volume growth, outlook on hotel, and paper businesses.
 "ITC Q2 preview: Revenue from hotels biz may fall over 90%; FMCG to do well")
HPCL surges 8% as Co announces Rs 2,500-cr buyback, Q2 profit jumps twofold
HPCL yesterday reported a twofold jump in its Q2 net profit at Rs 2,477 crore
 "HPCL surges 8% as Co announces Rs 2,500-cr buyback, Q2 profit jumps twofold")
SRF rallies 7%, hits record high on 57% YoY jump in Q2 net profit
EBITDA margins expanded 840 basis points to 27.7 per cent, driven by technical textiles and packaging businesses.
 "SRF rallies 7%, hits record high on 57% YoY jump in Q2 net profit")
IDFC First Bank posts Rs 101-cr profit in Q2 on interest income, lower provisioning
The bank on Saturday reported its earnings for the July-September quarter of the current fiscal year
 "IDFC First Bank posts Rs 101-cr profit in Q2 on interest income, lower provisioning")
Investors balk at high valuations of big tech firms despite solid earnings
A strong quarterly showing from four big tech companies weren't enough to keep investors from selling late Thursday
 "Investors balk at high valuations of big tech firms despite solid earnings")
L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed
Emkay Global estimates net sales (revenue) to come in at Rs 34,188.6 crore, down 3.2 per cent on a year-on-year (YoY) basis.
 "L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed")
