Stocks that must be watched on Wednesday: the market extended the north trip for the third successive session with a benchmark index up 0.4 percent, supported by banks, cars and metal stocks. BSE Sensex rose 246 points to 54,768, while Nifty50 jumped 62 points to 16,340.
Today’s results
Wipro, Indusind Bank, Indian Havels, Ceat, Century Plyboards, Gland Pharma, Synene International, Tata Communications, Hathway Cable & Datacom, JSW Ispat Special Products, Lloyds Steel Industry, Mastek, Agro Tech Foods, Mic Electronics Mic, New Software Technology, Newgen Organs, Oracle, Oracle, Agro Tech Technicic Financial Services Software, Rane Engine Valve, Reliance Industrial Infrastructure, Sagar Sements, Sasken Technologies, and Som Distilries & Breweries will be the focus before quarterly income on July 20.
Read more – Wipro Q1 Results Today: Profit, Revenue, Growth Guidance; 5 Things to Watch Out For
Hindustan Unilever
Major FMCG recorded a profit growth of 11 percent year-to-year of 2,289 crores for the quarter ended in June 2022, with a underlying volume of 6 percent, but the EBITDA margin contracted 100 bps yoy to 23.2 percent in the middle of inflation that had never occurred Previously previously previously previously previously previously previously previously previously previous previous previous previous previous previous previous previous previous previous previous headwinds. Income grew by 20 percent to RS 14,272 Crore during the same period yoy.
Ambuja cement
The cement maker registered a decline in 25.5 percent of years-year-year in consolidated profit in RS 865.44 Crore for a quarter ended June 2022 (Q2CY22), influenced by higher power & fuel costs, and shipping & shipping costs. However, revenue increased by 15.1 percent yoy to 8,033 crore hospitals for the quarter.
Vedanta
The company said the council had approved the second interim dividend of RS 19.50 per equity share at the nominal value of RE 1 per share for the financial year 2022-23. Dividends are 7,250 crores. The record date for dividend payments is July 27, 2022.
Grasim Industry
The mainstay company Aditya Birla Group said the council had approved robbery to the B2B e-commerce platform for the building material segment with the investment of RS 2,000 Crore for the next 5 years. This investment adds a new high growth machine with clear proximity in the Mandiri Grasim business and also from its subsidiaries and partner companies.
Ambuja cement
The cement maker registered a decline in 25.5 percent of years-year-year in consolidated profit in RS 865.44 Crore for a quarter ended June 2022 (Q2CY22), influenced by higher power & fuel costs, and shipping & shipping costs. However, revenue increased by 15.1 percent yoy to 8,033 crore hospitals for the quarter.
Vedanta
The company said the council had approved the second interim dividend of RS 19.50 per equity share at the nominal value of RE 1 per share for the financial year 2022-23. Dividends are 7,250 crores. The record date for dividend payments is July 27, 2022.
Grasim Industry
The mainstay company Aditya Birla Group said the council had approved robbery to the B2B e-commerce platform for the building material segment with the investment of RS 2,000 Crore for the next 5 years. This investment adds a new high growth machine with clear proximity in the Mandiri Grasim business and also from its subsidiaries and partner companies.
Rallis India
The Tata Group company recorded a decrease in profit of 18.1 percent of years-year-year with a price of 67.5 crore Rs for the quarter ended June 2022, influenced by higher raw material costs. However, revenue increased 16.5 percent yoy to RS 862.8 Crore in Q1fy23 which was supported by 17.1 percent of growth in the domestic plant maintenance business and 51 percent export growth.