GMR AIRPORTS INFRA Q3 EARNINGS
Air India to set up pilot training school at Amravati
The aviation landscape in India is witnessing a transformative phase with major players like IndiGo, Akasa, Air India, and the GMR group investing in extensive training programs to meet the surging demand for skilled pilots and engineers. Air India's Amravati pilot training school is set to be operational by Q1 FY26.
Crumbling roofs are very far from Viksit
Delhi airport's infrastructure challenges highlight the urgent need for efficient planning and resource allocation in India by 2024.
Adani Airports to chart next decade with $21 billion infusion
The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across 98 acres at airports in Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati has begun.
Set to capitalise on opportunities in infra space, says Gautam Adani
The core infrastructure group which has businesses ranging across ports, green energy, cement, airports, power and transmission will be setting up the largest energy installation, redeveloping the largest slum and making the largest single location copper smelter of the world in the country over the next few years.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Domestic markets rose driven by global cues and domestic buying. Expectations for the next week are positive with macro trends, government spending, monsoon, and earnings support.
Defence stocks have done it, will the infrastructure sector follow suit? 6 stocks of the highway makers
There are four sectors, Railways, Defence, Infrastructure and PSU as a set of stocks where election results were important due to the fact that policy continuity was seen as major tailwinds. Because the results were not exactly the way the street had expected, there was a sharp reaction in all these stocks after the election results. But within ten days, the majority of the defence stocks are already higher than what they were quoting on the day of elections. The question is whether other sectors also will see a catch up or not. Now there cannot be any doubt that political noise levels are going to remain high and that might create uncertainty at times. It might take a while for some of the sectors to get the momentum back on the street but probability of getting back on track is high as and when the street gets an indication that it is work as usual in the sector.
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Jefferies initiates coverage on GMR Airports, with a target price of Rs 100
Jefferies initiates coverage on GMR Airports with a 'buy' rating and a target price of Rs 100, anticipating a 3 times growth in EBITDA over 5 years. The company's strategic position, growth potential, and real estate monetisation drive optimism.
L&T Q4 Results: Profit jumps 10% YoY to Rs 4,396 crore; dividend declared at Rs 28/share
L&T Q4 Results: The Board has also recommended a final dividend of Rs 28 per share of the face value Rs 2 each for the financial year ended March 2024. L&T received orders worth Rs 3.02 lakh crore at the group level during the year ended March 2024, registering a 31% YoY growth.
Adani Enterprises Q4 Results: Cons PAT declines 38% YoY to Rs 451 crore
Adani Enterprises Q4 Results: The company's board has recommended a dividend of Rs 1.30 per equity share for the financial year 2023-24. The consolidated revenue from operations for the reporting quarter stood at Rs 29,180 crore, marginally up by 0.81%.
Adani Enterprises Q4 Results: Net profit plunges 39% YoY to Rs 449 crore on exceptional loss
Adani Enterprises’ consolidated net profit slipped two-fifth on year to Rs 449 crore in the March quarter, bogged down by a one-time loss in its airport operations, and due to higher costs.
Q4 results this week: Adani group to lead as 211 companies will declare earnings
With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
3 stocks Rajesh Palviya is bullish on for next week
But overall stock-specific action is clearly there in the market. The sectors which have already shown the breakout in the recent past are continuously showing the buying interest.
"...delighted if margins remain at current level": HDFC Bank chief compares banks' transition to construction of coastal road
"We will have our day when the proportion of borings comes down. We will have enough momentum in terms of funding, which we can then unleash in terms of growth," said the CEO.
Q4 results today: Tata Communications, Angel One among 10 companies to announce earnings
March quarter earnings season starts with Tata Communications and ICICI Lombard set to announce. Boards to discuss dividends. High-frequency indicators point to strong demand momentum. Key focus on data gross revenue, DPS revenue, and EBITDA margins.
What to expect from Q4 earnings going forward? Ajay Bagga answers
China I think there is a recovery coming, so by the end of the second quarter you will see an incipient recovery in China, the stimulus working will help out China as well and that will really boost market sentiments
Investing in bank, NBFC, automobile, healthcare, FMCG, oil and gas, metal or IT stocks? Know how India Inc performs in Q3
According to data compiled from a Motilal Oswal report, over 33% of the incremental year-on-year growth in Nifty 500 index earnings during the quarter was contributed by Indian Oil, HDFC Bank, Tata Motors, GAIL, and Adani Power. On comparing reported earnings with the expected earnings, most companies in sectors such as energy, construction materials and metals & mining reported earnings higher than Refinitiv estimates. Analysts are bullish on Indian equity markets, citing a stable macro environment with moderated inflation, steady crude prices, easing 10-year G-sec yield and stable currency.
GIFT Nifty down 15 points; here's the trading setup for today's session
"The overall trend remains positive and thus we recommend investors to continue with the buy on dips strategy," Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty up 45 points; here's the trading setup for today's session
The rupee appreciated 11 paise to close at 82.85 against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market.
GIFT Nifty up 20 points; here's the trading setup for today's session
"We expect market sentiment to strengthen further as the prospect of a pre-election rally is quite strong," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GMR group among favorites to win $3 billion Manilla airport project
Saurabh Chawla, Executive Director (Finance & Corporate Strategy) of GMR Group, stated that the group plans to continue operations both domestically and internationally. They are awaiting the bid results for the Ninoy Aquino International Airport redevelopment project, which will be announced on February 14.
Infrastructure stocks mixed as Budget lives up to Dalal Street expectations
Analysts had expected government capex to further increase by 10-15% for FY25. In FY24, the government had pegged a capex target of Rs 10 lakh crore. Of the total outlay for FY25, the government has allocated Rs 2.78 lakh crore for the road transport and highways ministry, and Rs 2.55 lakh crore for railways.
GMR Airports Infra Q3 Results: Co swings to loss on increase in finance costs
The operator of India’s busiest airport in Delhi posted a loss of Rs 486 crore in the October-December quarter from a net profit of Rs 106 crore a year earlier. Revenue rose 26% to Rs 2,227 crore, but finance cost increased 45% to Rs 857 crore.
Keystone Realtors records five-fold jump in October-December net profit
The company recorded 26% year-on-year and 101% sequential rise in pre-sales at Rs 616 crore during the quarter ended December. Collections during the period also rose to Rs 452 crore taking its first nine month’s collection to Rs 1,533 crore
Shoppers Stop Q3 Results: Profit down 41% to Rs 36.85 crore, revenue up 8.8%
Shoppers Stop Q3 Results: The company had posted a net profit of Rs 62.74 crore in the October-December period a year ago, according to a company regulatory filing.
Q3 results this week: RIL, HDFC Bank, ICICI Bank, HUL, UltraTech Cement, Kotak Bank and others
Various companies including Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. On Monday, Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, Brightcom Group results will be out among others.
Q3 results season begins this week with TCS, Infosys. Check out the earnings calendar
HCL Tech, Wipro, HDFC Life Insurance, Anand Rathi Wealth, JTL Industries, Tata Metaliks, Bharat Bijlee, Hi-Tech Pipes, Aditya Birla Money, Artson Engineering, International Travel House, LKP Finance, Amal Ltd among others will declare their Q3 results on January 12.
GMR Group can't dial Delhi airport passengers to partially fund ₹3,500 crore air train corridor
Delhi Airport News: The ministry of civil aviation has instead asked the GMR Group-operated Delhi International Airport Ltd (DIAL) to arrange alternate means of funding and subsequently levy a user development fee (UDF) when the train is operational.
GMR Airports stock zooms 14% amid block deal
In Q2 FY24, GMR Airports Infrastructure reported its consolidated net loss reduced to Rs 190 crore. The company had reported a net loss of Rs 197 crore in the quarter ended September 30, 2022.
Vijay Kedia-invested Om Infra returns to black in Q2; revenue soars 250%
On a 6-month basis, Rajasthan-based Om Infra's net profit jumped more than 34 times to Rs 38.20 crore. Revenue from operations spiked 175% to Rs 522 during the period under review.
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