Will India Inc's earnings momentum continue in Q2? Can a policy-vacuum slow down India's booming used-car market? Who are the smartest stock market investors in the Modi govt? Find out in this episode
In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit
Sequentially, combined net profit down 12.4%, net sales by 7.8%
Here's an insight into the June quarter performance of some of India's key sectors and companies therein
Demand recovery to sustain; vaccinations to mitigate the severity of the third wave
A severe third wave of the Covid pandemic, he says, is not priced into investor expectations at this time
Listed firms paid Rs 35,000 cr more tax this year, even as corporate tax mop up fell by Rs 1 trn. Pvt ltd firms and the non-corporate sector paid Rs 1.35 trn less, which means their profits dived
ICICI Securities has reported a 61 per cent jump in profit after tax to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins
This comes even though the topline declined 5 per cent
We do not think moderation in earnings will have any significant impact on the market. Hence, we see around 15 per cent upside on Nifty
India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21
The adverse impact on the margins of Auto, Consumer Staples and Consumer Durables sectors will be counterbalanced by an earnings uptick in the Metals, Cement and Oil & Gas sectors, MOSL analysts belie
Grasim Industries' total expenses in the March 2021 quarter stood at Rs 20,887.16 crore, up 15.7 per cent as against Rs 18,053.40 crore a year ago.
The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth
However, due to Covid-19 and power sector stress, consolidated income rose marginally by three per cent
During the first wave, FY21 and FY22 Nifty earnings estimates, according to analysts at Jefferies, were cut by 33 per cent and 21 per cent respectively till September 2020
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Automobile, housing sales to be hit; drop in fuel demand seen; Steel firms to see limited impact on output despite O2 diversion
Moody's feels restrictions on movement and lockdowns in several parts of the country will lead to a weaker consumer sentiment and will hit housing and automobile sales
If India is unable to slow the number of infections, additional lockdown measures might be required, which analysts at Rabobank International say would negatively impact the supply side of the economy