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WASHOUT JUNE QUARTER
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%The US-Iran peace deal is finally about to happen. There is a high probability that global markets will see a relief rally, a part of which...- Sales of AC, other cooling products again hit by pandemic in peak season; companies now pin hopes on extended summerLeading players in the segment including Voltas, Daikin, Blue Star, Panasonic and Haier reported almost 75 per cent dip in April sales this...
- Multiplex, retail chain and hotel stocks take a big hitRoy said multiplex stocks may see a time correction. "From a long-term perspective, we like the sector but Q1 (June quarter) will be a wash...
- Q1 GDP contraction 15% or 25%? Dalal Street really does not care. Here's whyKotak analysts do see earnings disappointments in FY21, as expenditure and variable costs of corporates would rise going ahead amid not-so-...
- Institutional investors lap up shares of this real estate firmMutual funds increased their stake to 12.61 per from 10.16 per cent as of June 30. Likewise, FPI now hold 29.53 per cent stake against 25.7...
- Hero Moto sees greenshoots, sales moving towards pre-Covid: key Q1 takeawaysCFO Niranjan Gupta said the company’s July sales were more than 95 per cent of pre-Covid sales and the company expects to see a positive tr...
- Jhunjhunwala’s latest pick reports big loss in Q1, analysts see 17% upsideOn August 6, the company reported Rs 279.92 crore loss for Q1FY21 against Rs 5.66 core profit reported for the corresponding quarter last y...
- 99 P/E still looks less when it’s a play on Modi’s Atmanirbhar driveAnalysts say both Dixon and Amber can be major beneficiaries of the government’s move to promote local manufacturing of consumer durables p...
- Apollo Tyres shares decline over 4% post Q1 earningsThe tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.
- Apollo Tyres Q1 results: Reports net loss of Rs 135 crNet sales during the quarter under review declined to Rs 2,828 crore, from Rs 4,272 crore in the year-ago period, Apollo Tyres said in a st...
- Godrej Properties Q1 results: Firm posts Rs 20.23 crore net lossThe real estate major had posted a profit of Rs 89.87 crore in the corresponding quarter last year.
- Manufacturing facilities working at up to 70 pc capacities amid pandemic: Asian PaintsThe permissions are for running the plants across all the businesses to a limited capacity or even to a full capacity in some geographies, ...
- Kansai Nerolac Q1 results: Net profit falls 79% to Rs 29.64 croreTotal income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding q...
- June smartphone imports soar to 3-year high of Rs 2,225 cr by value, nearly six times from MayMarket experts expect the imports to soar even higher for July as the rollover impact of the 10-day backlog caused by customs scrutiny of i...
- Asian Paints Q1 results: Net profit plunges 67% YoY; paints maker says June saw demand recoveryRevenue from operations tanked 42.7 per cent to Rs 2,922.66 crore for the quarter.
- ITC drops ahead of June quarter earningsThe stock was down 1.1 per cent to Rs 198.45. The scrip hit a low of Rs 197.35 during the day.
- ITC Q1 Results preview: Weak cigarette sales to drag profit by up to 40%, FMCG segment holds promiseNet sales may drop 25-30 per cent, with margins expected to take a severe hit of 800-1,300 basis points.
- ETMarkets Survey: Betting on Dec earnings recovery? You are the biggest bull on D-StreetIndia Inc has largely refrained from providing any forward-looking guidance for now.
- Indian aviation sector may incur $3.3-3.6 billion loss in June quarter: CAPA IndiaIn a report, CAPA India said airlines are expected to post a loss of around USD 1.75 billion while that of airports and concessionaries cou...
- Brokerages slash Cyient target pricesMorgan Stanley has cut EPS estimates by 5-7 per cent to reflect weaker growth.
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