The Nifty futures contract traded on the Singapore Exchange signifies a destructive begin to home equities. The contract was buying and selling at 18,292, down 58 factors or 0.32% from the earlier shut.
Q4FY23 earnings: Tata Motors, Hindustan Petroleum Corporation, Hindustan Aeronautics, Cipla, Polycab India, Indraprastha Gas, Sharda Cropchem, Colgate-Palmolive (India), Manappuram Finance, Kirloskar Ferrous Industries, Laxmi Organic Industries, Greaves Cotton, Sapphire Foods India, Solara Active Pharma Sciences, VST Tillers Tractors, Butterfly Gandhimathi Appliances, Ethos, Aarti Pharmalabs, Alembic, Cholamandala
Reliance Industries, Hero Moto: Chinese auto large SAIC-owned MG Motor could also be trying to promote its majority stake in India automobile enterprise and is in “advanced negotiations” for fairness sale with a clutch of suitors, that embody Reliance Industries, Hero Group, Premji Invest and JSW Group, in accordance to stories.
ONGC: Oil and Natural Gas Corp (ONGC), stated on Thursday, it has made two oil and gasoline discoveries in Mumbai offshore. Named ‘Amrit’ and ‘Moonga’, these blocks are about 100 km and 30 km from the landfall factors, respectively, and are situated within the blocks the corporate received below the brand new Open Acreage Licensing Policy (OALP) in the previous couple of years.
Mankind Pharma: The newly listed pharmaceutical firm has confirmed that the Income Tax Department carried out a search at among the premises/ crops associated to the Company and a few of its subsidiaries. The officers of the corporate and its subsidiaries are cooperating with the officers of the Income Tax Department and are responding to the queries raised by them. This has had no influence on our operational efficiency, it stated in an change submitting.
Bharti Airtel, Vodafone Idea: According to the information launched by Telecom Regulatory Authority of India (Trai), India’s largest telecom participant Reliance Jio added about 1 million cell subscribers in February, taking its wi-fi subscriber tally to 42.71 crore customers, as in opposition to 42.61 crore in January. Sunil Mittal-led Bharti Airtel gained 9.82 lakh cell customers throughout February, whereas Vodafone Idea misplaced 2 million subscribers within the wi-fi class.
Eicher Motors: Royal Enfield motorbike producer, Eicher Motors posted a consolidated revenue after tax of Rs 905.6 crore in Q4FY23, rising 48.42 per cent year-on-year and 22.24 per cent quarter=on-quarter. The firm’s board advisable a remaining dividend of Rs 37 per fairness share for the fiscal FY23.
Ujjivan Small Finance Bank: Ujjivan Small Finance Bank, on Thursday, reported a greater than two-fold leap in its March quarter internet revenue to Rs 309.50 crore, helped by increased core revenue and a write-back in provisions. The Bengaluru-headquartered lender posted a internet revenue of Rs 1,099 crore for FY23 as in opposition to a lack of Rs 414 crore within the year-ago interval.
Deepak Nitrite: The firm has posted a 12.5 per cent YoY enhance in internet revenue at Rs 233.9 crore for Q4FY23. Howevr, Ebitda declined 15.2 per cent to Rs 348 crore.
Siemens: It posted a 61.9 per cent rise in its consolidated internet revenue at Rs 516 crore within the March quarter, primarily on the again of upper revenues. Revenue from persevering with operations stood at Rs 4,401 crore, up 28.8 per cent YoY.
Asian Paints: Asian Paints on Thursday witnessed a forty five.1 per cent rise in its internet revenue within the March quarter, to Rs 1,234 crore, because it noticed an enchancment in margins. During the quarter, the corporate’s internet gross sales stood at Rs 8,751 crore up 10.9 per cent in contrast to final yr with the ornamental and non-automative industrial companies registered double digit quantity and worth progress.
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