Last Updated: May 02, 2023, 08:17 IST
Stocks to watch at this time: Nifty futures on the Singapore Exchange traded decrease by 40 factors or 0.22 per cent at 18,233, signalling a adverse begin for Dalal Street on Tuesday.
Earnings Watch: Ambuja Cements, Adani Total Gas, Fino Payments Bank, Jindal Hotels, PSB, Spandana Sphoorty, Tata Steel, Uco Bank and Varun Beverages are few of the distinguished corporations scheduled to announce March quarter outcomes at this time.
Adani Group: Shares of Gautam Adani-led Group corporations are possible to be in concentrate on reviews that the Sebi could strategy the Central authorities or law-enforcement businesses to give you the option to get data from overseas jurisdictions within the Adani-Hindenburg case.
Auto shares: TVS Motor reported a powerful 29 per cent YoY development in gross sales in April 2023, the very best amongst residence grown auto-makers. Hero MotoCorp gross sales dipped 3.1 per cent YoY.
ONGC, Oil India: The authorities has slashed windfall tax on Crude Oil produced at residence to Rs 4,100 per tone from Rs 6,4000 per tone.
UltraTech Cement: The firm’s internet revenue declined 36.1 per cent YoY to Rs 1,670.10 for the fourth quarter ended March 2023 compared with Rs 2,613.75 crore within the corresponding quarter a 12 months in the past. Total revenue, nevertheless, grew 17.7 per cent YoY to Rs 18,562.38 crore.
Sugar shares: The Centre is probably going to impose a blanket ban on sugar export within the wake of rising costs after lower-than-expected manufacturing within the 2022-23 season.
NDTV: The Adani-owned media agency reported a pointy 97.6 per cent plunge in This fall internet revenue. The internet dropped to Rs 0.60 crore for the quarter ended March 2023 from Rs 24.16 crore within the quarter ended March 2022. Revenue declined 35.5 per cent YoY to Rs 66.96 crore.
SBI Card: The firm reported a 2.6 per cent YoY development in Q4FY23 internet revenue at Rs 596 crore, led by improve in finance and working prices. Total revenue was up 30 per cent YoY at Rs 3,917 crore.
L&T Finance Holdings: The retail-focused lender reported a 46 per cent YoY bounce in This fall consolidated internet revenue to Rs 501 core, boosted by higher margins as its high-yielding retail guide grew at a quicker tempo.
Blue Star: The firm’s board to take into account a proposal for bonus subject of shares on May 04.
IDFC First Bank: The financial institution’s board has accredited a debt borrowing plan for up to Rs 5,000 crore.
Disclaimer:Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to verify with licensed consultants earlier than taking any funding choices.
Read all of the Latest Business News, Tax News and Stock Market Updates right here
