Reliance Industries Q1 Results Live Updates: A CNBC-TV18 poll anticipates that Reliance Industries will report 3.7% growth on a sequential basis to ₹3.05 lakh crore during the quarter. Earnings Before Interest, Tax, Depreciation and Amortisation could grow by 4% sequentially to nearly ₹46,000 crore, while margins may remain stable at 15%. Jio, O2C, and Retail…
Shares of Polycab India fell nearly 4% on Friday, July 17, despite the company reporting better-than-expected June-quarter earnings, as investors assessed the management’s commentary on export headwinds and margin outlook. On the post-earnings conference call, the management said its domestic wires and cables (W&C) business grew 43% year-on-year, while overall W&C revenue increased 38%, ahead…
SBI Funds Management IPO Allotment Investors can check the allotment status of the SBI Funds Management IPO online through the official websites of BSE and NSE. The status can also be checked on the registrar’s website, with Kfin Technologies acting as the registrar for the issue. Source link
Shares of CEAT Ltd fell more than 9% on Friday, July 17, reacting to the sharp decline in the tyre maker’s first-quarter profitability as elevated raw material costs weighed on margins despite strong revenue growth. For the June quarter, CEAT’s consolidated net profit plunged 96% to ₹4 crore from ₹112 crore a year ago. Its…
State-run Bharat Heavy Electricals Limited (BHEL) has successfully developed and tested India’s first indigenous 1200 kV Ultra High Voltage Alternating Current (UHVAC) transformer with a 333 MVA rating. The transformer has been designed, manufactured and type-tested entirely using BHEL’s in-house research and development (R&D). The successful development and international-standard type testing of the transformer place…
The number of analysts who have now turned positive on BHEL is the highest in at least five years. Back in April 2022, the stock had “zero” buy recommendations among analysts who covered it. Today, there is an equal split with 10 analysts each having a “buy” and a “sell” rating on the stock. Two…
Shares of Jio Financial Services gained 6% on Friday, July 17, in reaction to their first quarter earnings which were reported after market hours on Thursday. The company’s profit after tax (PAT) gained 156% to ₹830 crore in the June quarter from the previous year’s 325 crore. It was 205% more than the previous quarter’s…
The US Federal Reserve is likely to stay on hold unless there is a major economic shock, says William Lee, Chief Economist and Managing Director of Global Economic Advisors. He believes inflation is easing broadly in line with the Fed’s earlier expectations, while policymakers are preparing to introduce a new policy framework that will place…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Reliance Industries Q1 Results Live Updates: Reliance Industries Ltd (RIL) is set to announce its Q1 FY27 financial results today, with investors closely tracking the company’s earnings performance across its oil-to-chemicals, retail, telecom, and new energy businesses. Stay tuned here for live updates on revenue, profit, key highlights, management commentary and market reaction. Ahead of…
