Shares of Indiamart Intermesh climbed 5 per cent in Friday’s trade after the B2B e-commerce company logged a 60.68 per cent surge in its consolidated profit at Rs 112.80 crore…
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Havells India shares: Rs 1,075 or Rs 1,408, where is stock headed post Q3 results?
Havells India’s share plunged about 6 per cent during the early on Friday after the electrical appliance maker disappointed in the December 2022 quarter. The company had announced its quarterly…
HUL shares tank 4% after royalty payment hike. Where is the stock headed?
Hindustan Unilever’s shares plunged more than 4 per cent even as the FMCG major reported a decent performance in the December 2022 quarter, but hiked the royalty payment to its…
Persistent Systems, PVR, Asian Paints, AU SFB, Hindustan Zinc: What Nomura, others say
A host of companies have come out with their December quarter results such as Persistent Systems, PVR, Asian Paints and AU SFB with some other also seeing corporate developments such…
RIL shares trading lower ahead of Q3 earnings; here’s what to expect
Shares of Mukesh Ambani-led conglomerate Reliance Industries Ltd (RIL) were trading lower ahead of the firm’s December quarter earnings set to be announced today. RIL stock has remained almost unchanged…
Sensex, Nifty flat in early trade; HUL, RIL, Hindustan Zinc tank up to 6%
Domestic equity indices opened on a muted note on Friday, little changed, amid the indecisive cues from the global peers. Indian headline peers seesawed between positive and negative zones as…
‘Will cooperate with CCI,’ says Google as SC tells tech giant to deposit 10% penalty amount
Tech giant Google has said that its operating system Android has benefited Indian users, developers, and original equipment manufacturers (OEMs) while adding that the operating system has played a pivotal…
Hindustan Zinc shares hit hard as co buys Vedanta’s Zinc Int’l assets. Expensive deal, say analysts
Shares of Hindustan Zinc plunged 9 per cent in Friday’s trade after the company said it would buy Zinc International’s assets from parent Vedanta. The announcement marred an other wise…
Mukesh Ambani 2nd-highest ranked CEO; top 10 dominated by Indian-origin executives
Mukesh Ambani has been ranked second in a list of top CEOs dominated by Indian-origin chief executives. The highest ranking woman CEO is Leena Nair, who heads luxury fashion brand,…
HUL new royalty payment still lower than Nestle, Colgate, say analysts. Here’re fresh price targets for stock
Hindustan Unilever’s (HUL) December quarter results were ahead of analyst estimates, but the hike in royalty payments was a slight negative. That said, even at 3.45 per cent royalty by…