
Margin decline behind miss in quarter; FY23e EPS cut by 3%; target price revised to Rs 4,380; ‘Buy’ retained
In Q1FY23, the company reported revenue of Rs 3,700.96 crore, an increase of 8.74% from the Rs 3,403.46 crore it…
KEC International’s proposal to approve Harsh V Goenka’s commission as non-executive chairperson for FY22, in excess of 50% of the…
Company saw sharp gains in market share in FY22; margins to see inflation pressure; ‘Buy’ retained with target price of…
15850 for Nifty and 53000 for Sensex would act as an immediate hurdle for the bulls.
The Wadia group firm has “continued to take price increases judiciously and remained aggressive on the cost front,” said Britannia…
The company had posted a net profit of Rs 360.07 crore in the January-March quarter a year ago, it said…
For empowering women, the company has already launched a start-up challenge among woman entrepreneurs, Doshi said.
The company currently employs 1,367 people through permanent and contract modes, of which 60 per cent are women, Britannia Industries…
BSE Sensex and Nifty 50 were trading nearly one per cent down on Tuesday, amid rising crude oil prices and…
Nifty futures turned red in early trade, falling 12.50 points to 18,125 on Singaporean Exchange, suggesting a weak start for…
Nifty futures were trading 71 points or 0.40 per cent up at 18,011.50 on Singaporean Exchange, suggesting a gap-up opening…
On Wednesday, if the market falls below 20 days SMA, which is around 17500, we should be a contra buyer…
Nifty futures were trading 58 points or 0.33 per cent up at 17437 on Singaporean Exchange on Wednesday, indicating a…
While demand could bounce back in the upcountry markets which is critical for companies, rising raw material prices are a…
Nifty futures were trading 21.80 points or 0.14 per cent down at 15,693.20 on Singaporean Exchange.
Demand outlook is weak; FY22-23e EPS down c.6%; TP cut to Rs 4,000; rating downgraded to ‘Neutral’
Markets are likely to see trending activity after the FOMC meeting. The focus should be on FMCG and Infrastructure related…