The share price of the logistics firm has rallied 25 per cent after ICRA reaffirmed ratings of the company's commercial paper and a strong Q2FY22 earnings
While the steep increase in input costs continued to put pressure on margins, there was a slight increase in debt levels as well, largely on account of higher capex and higher inventory, Ceat said.
The company maintained its guidance of double-digit organic revenue growth for FY22 and 15 per cent EBIT margin
Shares of the country's largest CPaaS provider were trading at record high levels having rallied 36 per cent in the last one month
In Q2FY22, the company's consolidated net profit jumped an over nine-fold to Rs 32.41 crore against Rs 3.56 crore in Q2FY21
With regards to the whistleblower's claim of related party transaction, Asian Paints has clarified the transactions were undertaken in compliance with law and there was no basis for the allegations
The technical analyst from Prabhudas Lilladher finds both these stock attractive on the charts
Federal Bank hit a fresh 52-week high at Rs 105.10, and rallied 9 per cent in today trade after reporting a strong set of Q2 numbers
Analysts believe that HDFC was able to gain the market share, especially from other HFCs and even smaller banks, due to its superior liability franchise and lower cost of fund
The company's board meet is scheduled to be held on Tuesday, October 26, 2021 to also consider and approve a proposal of fund raising and also announce September quarter results
In Q2Fy22, IEX posted a near 75 per cent jump in consolidated net profit at Rs 77.38 crore, mainly on the back of higher revenues.
Post merger of Andhra Bank and Corporation Bank, Union Bank has raised capital which has improved the capitalisation levels of the bank enhancing its ability to absorb asset quality pressures
Domestic investors have hiked stake in the company by 243 basis points (bps) to 17.88 per cent, while foreign shareholding increased marginally to 5.35 per cent at the end of June 2021 quarter
L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results
With today's decline, the stock has now corrected 11 per cent from its record high level of Rs 1,377 touched on September 24, 2021
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent
Infosys raised its revenue growth guidance for FY22 to 16.5-17.5 per cent in constant currency (CC) terms, from 14-16 per cent earlier; stock came within striking distance of its life-time high
IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings
Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today