Domestic markets extended their rebound, gaining nearly half a percent on Tuesday, supported by a recovery in global indices. In today’s trade, shares of HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo among others will be in focus due to various news developments. Vodafone IdeaVodafone Idea has in recent weeks approached state-owned lenders Power Finance … Read more
Equity markets closed last week on a strong note, reversing the losses due to Budget negativity. In today’s trade, shares of ICICI Bank, Adani Wilmar, ACC, Dr Reddy’s, IndiGo, IndusInd Bank among others will be in focus due to news developments and first quarter results. Adani Total Gas, HPCL, Adani Wilmar, ACCShares of Adani Total … Read more
Hyderabad-based pharma major Dr. Reddy’s Laboratories on Saturday announced that its June quarter profit after tax fell 0.8% year-on-year (YoY) to Rs 1,392 crore while revenue jumped 13.9% to Rs 7,673 crore. While announcing the quarterly numbers, the company’s board also approved split of equity shares in the ratio of 1:5, which means that 1 … Read more
The first quarter earnings season is underway and as many as 34 companies will announce their results on Saturday. Key results to watch out include that of ICICI Bank, REC, Dr Reddy’s Labs and IDFC First Bank. Apart from the above, Finolex Industries, IEC Education, IFB Industries, J&K Bank, Jaiprakash Power, SBFC Finance, Vishal Fabrics, … Read more
Companies like CDSL, IDBI Bank, IDFC, and Nestle India, among others, have declared dividends for eligible shareholders, with the record date set as July 16. Today is the last day to buy shares of these companies to qualify for the announced dividends.Dividends are paid to shareholders whose names appear in the company’s database on the … Read more
Domestic markets traded within a narrow range and ended nearly unchanged on Thursday, pausing after Wednesday’s gains. In today’s trade, shares of HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy’s, Lloyds Metals among others will be in focus due to various news developments and first-quarter updates. HDFC Bank India’s leading private lender HDFC Bank … Read more
Equity markets took a heavy beating with the BSE Sensex tumbling 1,062 points on Thursday. Analysts said investors are trimming their equity exposure at a faster pace as the election season heats up, which can be seen from the drubbing that mid and small-caps received. Stocks that were in focus include names like IRB Infra, … Read more
Shares of Pharma major, Dr Reddy Laboratories fell 5.2% in Wednesday’s session on BSE to hit the day’s low of Rs 5,952.10 as the brokerages were not impressed even after the company reported a 36% year-on-year (YoY) jump in quarterly net profit. The company said that the jump in YoY net profit was largely driven … Read more
The Indian market is expected to consolidate on Wednesday tracking muted global cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 21,700 levels on Tuesday. The Nifty future closed negative with losses of 0.62% at 21,754 levels. India VIX was down by 0.68% from 14.68 to 14.58 levels in … Read more
