EMKAY GLOBAL FINANCIAL SERVICES LTD Q2 RESULTS
Profit booking or another record high in Nifty this week? Track these 5 factors After six consecutive weeks of gains, the Nifty is experiencing mixed signals due to the anticipation surrounding the upcoming Budget and the ongoing earnings season. The Sensex managed to end the week 0.65% higher, while the BSE Smallcap index saw ...
14 Jul, 2024, 10.34 AM ISTCitigroup Q2 Results: Profit beats on surge in investment banking, services strength; but shares fall 3% The third-largest U.S. lender reported a profit of $1.52 per share for the three months ending June 30, surpassing analysts' expectations of $1.39, according to LSEG data. Warren Kornfeld, senior vice president in the financial institutions group at...
12 Jul, 2024, 10.49 PM ISTTCS shares surge 7% on strong Q1 show, lifting D-Street to fresh record highs TCS Share Price: Shares of TCS surged 6% to Rs 4,169 in early NSE trading after reporting higher-than-expected earnings for the June quarter. Jefferies upgraded TCS and raised its price target, while CLSA and JPMorgan maintained ratings with higher ...
12 Jul, 2024, 02.20 PM IST- ADVERTISEMENT
TCS, Infy power D-Street to fresh record highs! Sensex soars 900 points, Nifty tops 24,500 for the first time Indian markets rose Friday, led by TCS's strong June quarter. Sensex climbed 281 points, Nifty50 up 93 points. Stocks like TCS, Infosys, and Adani Ports surged. Maruti fell. US inflation data raised September Fed rate cut chances, noted by CME FedWa...
12 Jul, 2024, 11.12 AM ISTQ1 results today: HCL Tech, IREDA among 14 companies announce earnings on Friday TCS has started the first quarter earnings season with positive results, signaling an improved business environment. Today, HCL Tech, along with 13 other companies, will announce their earnings for the quarter ended June. Other notable companies rep...
12 Jul, 2024, 08.36 AM ISTTCS Q1 Results: Cons PAT rises 9% YoY to Rs 12,040 crore, beats estimates TCS Q1 Results: IT bellwether TCS reported a 9% YoY growth in its June quarter consolidated net profit, reaching Rs 12,040 crore, compared to Rs 11,120 crore in the same quarter last financial year. This profit exceeded the Street estimate of Rs 11,...
11 Jul, 2024, 06.19 PM ISTD-Street's cooling earnings momentum set to challenge stock rally HDFC Bank Ltd. and Bank of Baroda Ltd. posted a sequential drop in credit growth, suggesting that lenders — who have the highest weighting in the index are struggling to keep up the rapid expansion seen in recent years.
11 Jul, 2024, 10.03 AM ISTMargin squeeze to dent banks' Q1 profits, loan growth may offer silver lining Banks' Q1 profits face headwinds: Emkay Global predicts a sluggish 4% growth in pre-provisioning operating profits for the June quarter. This slowdown, affecting private lenders most, is attributed to shrinking margins and rising operational costs.
10 Jul, 2024, 07.25 AM ISTSebi's levy order likely to erode Rs 2,000 crore from discount brokers' income, hit client base Several brokerage companies, including IIFL Securities and Motilal Oswal Financial Services, saw share declines of 3% to 7% due to the regulatory order affecting brokerages, potentially leading to adjustments in zero-payment plans or increased rates.
03 Jul, 2024, 12.04 PM ISTStars are aligning! Vodafone Idea share price targets increase after tariff hike Vodafone Idea's target price sees a boost post-tariff hike, reflecting industry trends. Kotak Equities emphasizes low ARPU in India and the need for Jio to seize monetization opportunities.
01 Jul, 2024, 11.11 AM ISTEmkay Investment Managers launches Emkay Capital Builder Fund AIF The Emkay Capital Builder AIF is designed to generate long-term capital appreciation for investors through a carefully curated portfolio of equity and equity-related securities. The fund will maintain a multi-cap portfolio comprising approximately 2...
27 Jun, 2024, 03.46 PM ISTMonday blues! Heavyweights drag Sensex 400 points lower; Nifty below 23,400 The weakness was led by selling pressure in banks and metal stocks, while FMCG and consumer durables saw some buying amid sectoral rotation. IndusInd Bank fell around 3% and was the top loser in the Nifty pack, followed by 2% plus declines in Cipla,...
24 Jun, 2024, 10.04 AM ISTGo Digit stock likely to face pressure amid elevated combined ratio After gaining over 24% within three weeks since listing on bourses on May 23, the stock of Go Digit General Insurance has remained range bound following weak performance in the March quarter, which was declared on June 11.
21 Jun, 2024, 12.19 PM ISTQ4 results: Stable costs boost India Inc. profits Steady costs and firm domestic demand supported corporate performance in the March quarter.
17 Jun, 2024, 06.30 AM ISTElection uncertainty weighs on Awfis Space Solutions' debut: Should you hold or exit? Awfis Space Solutions, a prominent participant in India's flexible workspace sector, experienced a respectable listing on Thursday, albeit slightly below expectations. The company's shares debuted at Rs 435, marking a gain of over 13% compared to th...
30 May, 2024, 01.38 PM ISTAwfis Space Solutions GMP: Will there be a decent listing at the bourses today? Awfis Space Solutions shares are currently trading in the unlisted market at a premium of Rs 125, representing a 27% increase over their issue price. The IPO garnered significant interest, with a subscription rate exceeding 100 times at closing.
30 May, 2024, 06.49 AM ISTWhat kind of election results would shake up the markets? Seshadri Sen answers Seshadri Sen discusses the impact of BJP's majority in the upcoming elections on the economy, focusing on manufacturing, infrastructure, and capital goods sectors. sen says the the only negative outcome for the markets is that the BJP falls consider...
29 May, 2024, 10.38 AM ISTHonasa shares surge 7% after reporting Rs 30 crore profit in Q4. Should you buy, sell or hold? Honasa Consumer, the parent company of Mamaearth, saw its shares surge by 7% during Friday's trading session on the BSE, reaching a peak of Rs 447.70. This increase followed the announcement of a net profit of Rs 30.4 crore for the quarter ending Ma...
24 May, 2024, 11.06 AM ISTZee Entertainment Enterprises shares rise 3% as firm swings back to black in Q4 Zee Entertainment Enterprises experienced a nearly 3% increase in its share price to Rs 144.4 during Tuesday's trading session on the BSE, following the company's announcement of a profit of Rs 13 crore in the March quarter of FY24. This marks a sig...
21 May, 2024, 11.26 AM ISTZEE Entertainment shares rally 5% after Q4 results. Should you buy, sell or hold? ZEE Share Price: ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.
18 May, 2024, 12.04 PM IST