Brokerage firm Jefferies sees EBIT margins of the company declining by 70 basis points to 16.6 per cent from the previous quarter, on the back of salary hikes.
Metal and mining firms expected to lead earnings growth
Nifty rises 1% to close above 18,000 for first time since November 15
The stock was up 3% at Rs 3,979.90, trading close to its record high level of Rs 3,990 touched on October 8, 2021.
Structural growth story, demand recovery, and market-share gains for Titan, Kalyan Jewellers may persist
Standalone revenue rose 22% to Rs 9,065 crore
The market share of trusted real estate developers in the overall housing sales is gradually increasing as homebuyers have become risk-averse
However, global cues such as high crude oil prices, combined with the direction of foreign fund flows and the rising surge in domestic Covid cases will impact investors' risk-taking appetite
Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent
With over 40 companies set to announce their report cards next week, listen to market analysts Devangshu Datta and Sandip Sabharwal, to understand how the results season may pan out
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During the quarter gone by, the company saw significantly higher walk-ins at its jewellery chain Tanishq
Broad-based demand for digital, higher discretionary spends to help firms
The company had revenue from operations of Rs 7,432.69 crore in the October-December quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing
Pandemic related restrictions, rural slowdown and input costs are key concerns
The economy grew 8.4% in Q2, higher than the MPC's expectations of 7.9%
The carmaker said supply chains were still constrained but while production remained lower than demand, it had "improved month by month" since September
Its revenue during the reporting quarter was up by 35& YOY to Rs 242 crore from Rs 179 crore in the quarter ended September 2021
Pfizer beat third-quarter expectations and raised its 2021 forecast again even as sales of its top product, the COVID-19 vaccine Comirnaty, slipped in the U.S.
Maersk said its key ocean business is now expected to grow below the global container demand" amid uncertainty around the supply chain logjams