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Feb 2, 2023 3:44 PM
Market at Close | Sensex and Nifty 50 recovers in last hour of trade
-- Market recovers in last hour of trade led by Pvt Banks and FMCGs
-- ITC is top Nifty gainer for second straight day ahead of its earnings
-- Britannia surges five percent after reporting better-than-expected earnings
-- Adani group stocks remain a major drag, Adani Ent falls 27 percent and Adani Ports eight percent.
-- Insurance companies slip further on Budget changes, HDFC Life and Max Life top losers.
-- Coromandel International slips despite reporting better-than-expected earnings.
-- Godrej Properties closes off lows as operational numbers improve.
-- Birlasoft falls eight percent as one of major clients files for bankruptcy.
-- Jubilant Food and Whirlppol extend wednesday’s fall, slip 5-6 percent on weak December quarter
-- Ambuja Cements rises six percent on valuation comfort, ACC closes off lows.
-- IDFC First Bank and IDFC surge on fund infusion announcement, stocks up five percent each
-- Market breadth is neutral with advance-decline ratio at 1:1
Feb 2, 2023 3:39 PM
Rupee Close | Rupee crosses 82-mark against dollar, ends at 82.17 vs dollar
Feb 2, 2023 3:37 PM
Stock Market Update | Dabur reports December quarter earnings
-- Net profit at Rs 476.7 crore vs CNBC-TV18 poll of Rs 489 crore
-- EBITDA up 1.7 percent at Rs 610.4 crore vs CNBC-TV18 poll of Rs 600 crore
-- Dabur December volumes decline three percent vs CNBC-TV18 poll of two percent growth
-- Margin at 20.1 percent vs 21.3 percent year-on-year
Feb 2, 2023 3:22 PM
Share Market Update | Titan Company reports December quarter earnings
-- Net profit at Rs 951 crore vs CNBC-TV18 poll of Rs 1,018 crore
-- Revenue at Rs 10,875 crore vs CNBC-TV18 poll of Rs 10,650 crore
Feb 2, 2023 3:10 PM
Stock Market Update | Dr Lal Pathlabs Q3 earnings miss estimates
- Net Profit down 8 percent to Rs 52.8 crore, lower than CNBC-TV18 poll of Rs 70 crore
- Revenue down 1.5 percent to Rs 489.4 crore, lower than CNBC-TV18 poll of Rs 516 crore
- EBITDA or operating profit up 3.5 percent to Rs 113 crore, lower than the CNBC-TV18 poll of Rs 132 crore
- EBITDA margin at 23.1 percent, up 110 basis points from last year but lower than estimate of 25.6 percent
- Shares are off the day's low, currently trading 0.3 percent lower at Rs 2,045.85.
Feb 2, 2023 2:51 PM
Stock Market Update | GNA Axles Raises Revenue Growth Guidance
- Expects FY23 revenue growth of 20 percent from 8-9 percent earlier
- Domestic and exports demand is strong
- Export demand to be stable in next 2-3 quarters
- Enhancing capacity by 20 percent using internal accruals
- Order book growth of 23 percent seen in FY23
- Revenue growth for next year expected to be between 15-20 percent
Feb 2, 2023 2:39 PM
Share Market Update | Dr Lal Path Labs reports December quarter earnings
Net profit at Rs 52.8 crore vs CNBC-TV18 poll of Rs 70.5 crore
Feb 2, 2023 2:30 PM
Stock Market Update | Invesco Mutual Fund's Taher Badshah on banks
“We will have to keep differentiating within the banking space and trying to line up our preferences, but some of the connection will make the entry opportunities available for some of our preferred banks,” says Taher Badshah, CIO-Equity, Invesco Mutual Fund.
Feb 2, 2023 2:21 PM
Share Market Update | Deepak Fert reports December quarter earnings
-- Net profit up 41.1 percent at Rs 249.4 crore vs Rs 177 crore year-on-year
-- Revenue up 41 percent at Rs 2,754.8 crore vs Rs 1,955.7 crore year-on-year
-- EBITDA up 31 percent at Rs 461.2 crore vs Rs 352 crore year-on-year
-- Margin at 16.7 percent vs 18 percent year-on-year
Feb 2, 2023 2:14 PM
Stock Market Update | NCLT approves amalgamation of Equitas and Equitas SFB
-- Both the companies are trading 1.6 percent higher at this hour.
Feb 2, 2023 1:58 PM
Share Market Update | HDFC reports December quarter earnings
-- Net profit at Rs 3,690.8 crore vs CNBC-TV18 poll of Rs 3,728.3 crore
-- HDFC reports a rise on 29 percent in December quarter net interest income at Rs 4,840 crore vs Rs 4,284 crore on a year-on-year basis
Feb 2, 2023 1:49 PM
Share Market Live | Adani group shares extend losses
-- Adani Enterprises is down 18.7 percent.
-- Adani Transmission is down 10 percent.
-- Adani Green is down 10 percent.
-- Adani Ports down 5.4 percent.
-- Adani Power and Adani Wilmar down five percent.
-- Adani Total Gas is down 10 percent.
Feb 2, 2023 1:28 PM
Stock Market Update | Bajaj Electricals reports December quarter earnings
-- Net profit up 26.8 percent at Rs 61.1 crore vs Rs 48 crore year-on-year
-- Revenue up 12.5 percent at Rs 1,484.5 crore vs Rs 1,319.8 crore year-on-year
-- EBITDA up 10.6 percent at Rs 102 crore vs Rs 92.1 crore year-on-year
-- Margin at 6.9 percent vs seven percent year-on-year
Feb 2, 2023 1:21 PM
Stock Market Update | Zydus Wellness reports December quarter earnings
-- Net profit down 15.9 percent at Rs 19.6 crore vs Rs 23.3 crore year-on-year
-- Revenue up seven percent at Rs 415.6 crore vs Rs 388.1 crore year-on-year
-- EBITDA down 12.4 percent at Rs 28.2 crore vs Rs 32.2 crore year-on-year
-- EBITDA margin at 6.8 percent vs 8.3 percent year-on-year
Feb 2, 2023 1:02 PM
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