[ad_1] Mumbai: nifty 50 The companies are likely to register year-on-year (YoY) growth of 32% and 21% Revenue And profitsrespectively, on the back of the low base in the June 2022 quarter (Q1), as per Analysts‘ Estimate. Excluding financial, telecom and commodities, revenue and profit growth is expected to come in at 22% and 16%, respectively. According to data compiled by Antique Stock Broking, auto, energy, cement and consumption sectors will lead the growth in revenue in the June quarter, while healthcare, utilities and banks are likely to lag behind.…
Tag: earnings
Q1 Earnings: Wondering what’s in store this earnings season? View Sector Wise Preview of Brokers
[ad_1] Several brokerages have come out with reports that give insight into how different sectors performed in the June quarter and what investors should expect during the earnings season. While some sectors are yet to be previewed by the analysts, the areas that have been previewed are discussed below: IT Sector Kotak Institutional Equities expects companies to outperform on a sequential basis in the June quarter owing to seasonal factors, while the year-on-year growth is likely to be strong. Margins remained under pressure as companies deal with high staff layoffs…
HDFC AGM: Corporate Radar: Bajaj Auto, Biocon to turn ex-dividend; MMTC Q4 Earnings, HDFC AGM & More
[ad_1] New Delhi: Several board meetings and corporate actions are scheduled for Thursday. Shares of 19 companies – A-1 Acid (Rs 1.5 per share), Bajaj Auto (Rs 140 per share), Bajaj Finance (Rs 20 per share), Bajaj Finserv (Rs 4 per share), Bajaj Holdings (Rs 25 per share) ) share), Biocon (0.5 per share), Escorts Kubota (Rs 7 per share), Gandhi Special Tubes (Rs 10 per share), Larsen & Toubro Infotech (Rs 30 per share), (Rs 80 per share), (Rs 7.5 per share), (Rs 7 per share), PTL Enterprises (Rs…
Earnings: Earnings fall faster with cost inflation, slack in demand
[ad_1] MUMBAI: Analysts are slashing corporate profit estimates as the impact of a sharp jump in raw material costs and Demand Who is expected to impact the slowdown in rural India? revenue in the next two quarters. downgrade Leading in earnings forecasts by analysts brokerage Have overtaken upgrades over the past four weeks. Of the companies in the Nifty 200 index, 30 have seen earnings decline in the past four weeks for FY23, while 19 have seen an upgrade. Those downgraded by analysts include Ramco Cement, , , , ,…
RBI: Nifty earnings have weathered the global storm so far, but can RBI rate hike derail the story?
[ad_1] NEW DELHI: When it comes to earnings, Indian corporates have shown their potential in the last quarter, up nearly 14 per cent year-on-year despite the prolonged war in Ukraine, rising commodity prices and global supply disruptions. registered growth. topline growth nifty The level excluding financials was 9.8 percent quarter-on-quarter and 24 percent on an annualized basis, Said in a recent note. The brokerage said the bottom line grew at a decent rate of 14 per cent year-on-year. The strong performance amid global adverse conditions came on the back of…