Performer Financial News

25.07 / 10:11

Booking CEO performer fall Asian Paints shares see biggest fall in 10 months; what’s upsetting the bulls?

Asian Paints slumped more than 4% in trade on Tuesday, witnessing their biggest fall in nearly 10 months after the release of the June quarter earnings. The stock was the worst performer on Nifty50 and was last trading below the Rs 3,400 mark. The selling was backed by high volumes of more than 2 million shares, way higher than the 6-month average volume of over 933,000 shares.

25.07 / 10:01

BTC Target BLOCK Binance Digital Bitcoin performer Bitcoin Price Prediction: BTC Dips 3% Amid Binance Lawsuit and Potential Rate Hike Concerns

Bitcoin, the world's leading cryptocurrency, is facing a dip of 3% as it trades at $29,171 on Tuesday. The failure to sustain higher price levels may have influenced aggressive bearish sentiments, leading to short positions, while short-term bulls have chosen to secure their profits.

25.07 / 09:47

UPS performer Hedge fund Eisler Capital’s profits jump 73%

London-based multi-strategy hedge fund Eisler Capital saw its profits soar 73% on the back of a strong performance in 2022.

25.07 / 09:47

COST UPS Browser performer Inside Unilever price rises drive sales growth

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25.07 / 09:47

UPS Target Action Tesla Browser show performer Why are stock markets rising?

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25.07 / 09:45

COST UPS Citi performer country Jubilant FoodWorks Q1 Results: Profit drops 26% YoY to Rs 75 crore

Jubilant FoodWorks, which owns Domino’s pizza franchise in India and a few other countries, on Tuesday reported a 25.5% year-on-year (YoY) drop in its standalone June quarter profit at Rs 75.2 crore but its EBITDA margin improved 97 bps sequentially. During the quarter, the pizza-seller reported a 5.6% YoY rise in its revenue to Rs 1,309.7 crore. Its profit after tax (PAT) margin improved by 195 bps sequentially to 5.7% while EBITDA margin came in at 21.1%, higher by 97 bps sequentially.

25.07 / 09:45

Gap performer Bajaj Auto among top picks in two-wheelers; ripe for re-rating: Abhishek Gaoshinde

Abhishek Gaoshinde, Deputy V-P, Research, Sharekhan By BNP Paribas, says “Bajaj Auto has been consistently maintaining its EBITDA margin above 15% for the last seven-eight quarters and above 19% for the last two-three quarters. After maintenance of this kind of margin, improvement in its product portfolio and filling in the gap in its overall portfolio, we believe the stock demands a re-rating and we have a buy rating on the stock.”What happened to Bajaj Auto this time?On the top line side, the numbers were broadly in line with our expectations. We were expecting roughly Rs 10,500 crore kind of a number and it is just a Rs 200 crore miss.

25.07 / 09:37

Waters Photography Samsung performer cover Price of Samsung Galaxy Z Fold 5 and Z Flip 5 leaked ahead of Unpacked event on July 26, may be priced at ₹…

Samsung Galaxy Z Fold 5 and Samsung Galaxy Z Flip 5 were leaked well before the official launch. As we approach the unveiling of the new-generation Samsung foldable phones, a tipster, Paras Guglani, has disclosed the expected prices for India. According to the tipster, the Samsung Galaxy Z Flip 5 will likely have a starting price of ₹95,000, while the larger Samsung Galaxy Z Fold 5 is anticipated to start at ₹1,43,500.

25.07 / 09:37

Booking love show performer country audience Trevor Noah India tour: Dates, venues, how to book tickets online for ‘Off The Record' stand-up comedy shows

Off The Record Tour’ in India. The tour has been extended due to popular demand and will mark his first-ever performance in the country. Having achieved sold-out shows in the USA and Europe between 2022 and 2023, the 'Off The Record' Tour' is now set to captivate audiences in Asia, with its first stop in India, followed by Dubai.

25.07 / 08:43

UPS Cooper CEO Strategy performer beautiful Unilever quarterly results beat market expectations, shares up 5%

leadership What makes this quarter's result more interesting for the investors is the fact that it is the first set of results under Chief Executive Hein Schumacher. It will also help investors in understanding the nature of Schumacher's strategy to revive the company's sluggish performance.

25.07 / 07:43

film Actor RAI Celebrity performer star Actor Dhanush's birthday surprise: 'Captain Miller' teaser to be unveiled on 28th July

Dhanush, well-known for his exceptional performances, is all set to add another feather to his cap on July 28 as he celebrates his birthday. The anticipation among his fans is at its peak, and the makers of his upcoming period drama, 'Captain Miller,' have chosen this momentous day to unveil the film's teaser. In a captivating move, the movie makers released a new poster, showcasing the much-awaited teaser announcement date, generating excitement among cinephiles worldwide.

25.07 / 07:05

UPS FIVE CEO Action UBS performer Downer EDI shares rebound, new CEO under pressure to deliver

Downer EDI’s new management team is under pressure to deliver on revised earnings forecasts next month as investors become more confident about the company’s financial outlook, pushing its shares up 24 per cent over the past two months.

25.07 / 07:05

UPS PwC Deloitte performer reports US regulator reports rising number of flawed audits

New York | US regulators have seen a jump in the number of flawed audits carried out by global accounting firms, according to figures released on Monday night (Tuesday AEST) that point to the difficulties of high staff turnover and hybrid work.

25.07 / 06:55

performer Tata Motors Q1 results LIVE: Auto major to announce earnings today, here is what to watch for

₹13,450 crore.EBITDA margin is likely to expand by 522 basis points (bps) YoY to 13.4%.Tata Motors Q1 Result Preview: Automobile major Tata Motors is likely to report strong financial performance in the quarter ended June 2023 led by improving margins and healthy sales in its luxury arm Jaguar and Land Rover (JLR). Read full report hereThe luxury car maker Jaguar Land Rover (JLR), a part of Tata Motors, is expected to see healthy volume growth of 30% YoY due to improved production levels, easing chip shortages and continued traction toward new models.Tata Motors consolidated revenue in Q1FY24 is expected to see a growth of around 43% at ₹1,03,284 crore driven by strength in luxury arm Jaguar Land Rover (JLR).

25.07 / 06:37

UPS Target Booking CEO show performer Next few quarters are going to be really good for HFCs and NBFCs: Girish Kousgi, PNB Housing Finance

«Quarter one would always be muted after a very good quarter four. I think in any year, quarter four is the best quarter and after that quarter will be muted and again it picks up from quarter two onwards,» says Girish Kousgi, MD & CEO, PNB Housing Finance.Just wanted to begin by understanding what is happening with respect to loan growth because if I have it right, the annual target that you had suggested for the year was a growth of around 17% to 18%. But this quarter, it was a little lower at around 11%. We do understand the seasonality, but would you be confident about that target of 17% to 18% growth?I think if you look at any year, quarter one would be muted both in terms of asset quality as well as growth.

25.07 / 06:37

COST Citi CEO performer electronic Retail leasing grows 24% year-on-year in the first half of 2023

Retail leasing in India witnessed a 24% Y-o-Y growth in Jan-June’23 period and a 15% increase compared to Jul-Dec’22 period, according to a CBRE report. Total leasing during Jan-Jun’23 stood at 2.87 mn sq ft compared to 2.31 mn sq ft (Y-o-Y). Bangalore, Delhi-NCR, and Ahmedabad collectively accounted for a cumulative share of 65% in leasing activity during the first six months this year.

25.07 / 06:37

COST Target show performer TVS Motor shares rise 3% after Q1 results. Should you buy, sell or hold?

Its revenue from operations during the reporting quarter rose 20% year-on-year (YoY) to Rs 7,218 crore. The company posted its highest-ever operating EBITDA at Rs 764 crore, with a growth of 27% for the first quarter. It was Rs 599 crore in the corresponding quarter of the previous year.

25.07 / 05:49

UPS Remark film performer stage Barbenheimer Box Office Day 4: India among top markets for Oppenheimer, Barbie beats Christopher Nolan's movie globally

Oppenheimer and Greta Gerwig's enchanting Barbie are vying for supremacy both in India and on the global stage. The biographical drama Oppenheimer, led by Cillian Murphy, has surged towards the impressive ₹60-crore mark in India within a mere four days of its release. Simultaneously, Barbie has gracefully crossed the ₹20-crore threshold as of its fourth day in cinemas. Barbie seems to trail Oppenheimer in the Indian market, amassing approximately ₹21.15 crore within its first four days.

25.07 / 05:33

UPS Target Booking performer Should you Buy, sell or hold DLF shares post Q1 results?

DLF reported a 12% year-on-year (YoY) jump in its June quarter net profit, Jefferies gave a 'Buy' while CLSA retained an 'Outperform' rating to the stock. Among domestic brokerages, Nuvama has a 'Buy' call while ICICI Securities recommended an 'Add'. Motilal Oswal took a 'Neutral' stance on the Gurgaon-based realtor.

25.07 / 05:33

COST UPS Strategy NIFTY performer star Fine ITC shares down 7% in 2 days. Is hotel demerger fine print really that bad?

ITC management chose to keep 40% of the hotels business with itself after demerger, investors continued to dump shares of cigarettes-to-hotels major ITC for the second day on Tuesday. Nifty's star performer has lost around 7% in the last two days. After yesterday's 4% decline, ITC stock went down another 3% to Rs 455.95 today on BSE.

25.07 / 05:33

COST UPS NIFTY performer 21,400 for Nifty very much on the cards going forward: Pankaj Pandey

Pankaj Pandey, Head Research, ICICIdirect.com, says a Fed meeting is lined up. If the Fed is comfortable about not really hiking beyond the current expectation, then the macroeconomic scenario might improve and the overall deals might get converted into revenues in the second half and so there could be an element of positive surprise. “Overall our sense is that some of these pockets will continue to fire the market and which is why I feel that 21,400 is very much on the cards going forward.”Which would be the leadership stock now because clearly for the heavyweights, all the triggers have been played out. What is next? Who will be the new leader?Banking is still one sector which will continue to do well.

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