Power Grid Corporation (Q2, YoY) Revenue rose 4.8 percent to Rs 8,685 crore. Net profit rose 9.4 percent to Rs 2,527.4 crore. Ebitda rose 8.3 percent to Rs 7,556.9 crore. Margin stood at 87 percent versus 84.2 percent.
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Market Headstart: Nifty50 seen opening lower; Infosys, RIL eyed Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.38 percent. Nifty futures were trading around 11,656-level on the Singaporean Exchange.
Podcast | Hot stocks: Nifty could retest 11,400 as oscillators are in overbought zone A sustained move above crucial resistance of 11,730 will push prices higher towards previous swing high of 11,950, and can extend towards a life high of 12,103 too.
Early on D-Street: Hold long positions in Nifty with a stop below 11,553 Nifty gained for the sixth consecutive session to end at a 3-month closing high and formed a bullish candle on the daily as well as weekly charts.
An evening walk down D-St: Indian market rises for 2nd day in a row Among the secondary indices, BSE Midcap outperformed Sensex, rising 0.44 percent while Smallcap index underperformed, ending with a mild gain of 0.12 percent.
An Evening Walk Down D-Street: Market resumes downward march ahead of key earnings Bharti Airtel, Reliance Industries, Hindustan Unilever and HCL Technologies settled as the top gainers in the Sensex index while IndusInd Bank, Yes Bank, Tata Motors, Vedanta and ICICI Bank emerged as the laggards.
Power Grid Corp. Q2 PAT seen up 13.1% YoY to Rs. 2,611.8 cr: ICICI Direct Net Sales are expected to increase by 9.9 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 9,102.7 crore, according to ICICI Direct.
High dividend yield stocks best bets amid fall in bond yields; 12 stocks to bet on Under a falling bond yield environment high dividend-yielding stocks become more popular due to their stable income generation characteristic for investors
An Evening Walk Down D-Street: Market continues downward march; Yes Bank, BPCL shine In the last four sessions, investors have lost Rs 3.85 lakh crore as the overall market capitalisation of BSE-listed firms dropped to Rs 1,44,60,517.42 crore from Rs 1,48,45,854.70 crore on Sept 26.
An evening walk down D-St: Investors lose Rs 2 lakh cr in a day as weak global sentiment weighs on Nifty, Sensex State Bank of India led the pack of losers in Sensex index, followed by Tata Motors, Maruti Suzuki, Yes Bank and Mahindra & Mahindra.