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ArcelorMittal gives upbeat outlook, beats earnings forecast
Fri, May 11, 2018
The world`s largest steelmaker ArcelorMittal said the outlook for 2018 had improved after a sharp pick-up in steel prices and increased iron ore shipments helped it deliver higher-than-expected first-quarter earnings on Friday.
These 3 stocks to watch out for
Tue, Jan 23, 2018
The Indian market has touched a historic high and the valuation of the stocks are at their peaks. Edelweiss has long-term buy calls for these stocks: Monte Carlo Fashions Ltd
6 paise for IUC is threatening to wipe off Rs 2250 crore from telcos earnings in the next 90 days
Sat, Sep 23, 2017
Cut in interconnect usage charges has caused quite an uproar in the telecom industry. Here is how the incumbent operators will be impacted in Q3 FY18.
Will cut in interconnect usage charges lead to more free voice calling?
Wed, Sep 20, 2017
Interconnect Usage Charges (IUC) are inter-operator payments made by telecom operators. A cut in its rates by 50% will result in short term distress for incumbents while Jio’s free calling might just pay off.
Tata Steel's leverage is likely to remain high in coming quarters: Moody's
Thu, Feb 09, 2017
Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.
India Inc's fourth quarter revenue growth to remain under pressure
Tue, Jan 10, 2017
Prasad Koparkar, Senior Director, CRISIL Research: “Despite a favourable monsoon and lower borrowing costs, we expect key consumption-driven sectors such as automobiles, telecom services and FMCG to record the slowest growth in two years."
United Breweries' net profit declines by 48% to Rs 27 crore
Sat, Nov 05, 2016
This Q2, UB Group's volumes were down by nearly 5%, while that of UBL volumes remained flat. Overall in half year, UBL volumes rose by just 3% as against an industry that remained flat, displaying in a marginal gain in market share.
Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore
Mon, Aug 29, 2016
The real estate-giants consolidated net profit clocked over two-folds jump to Rs 261.42 in Q1FY17 against Rs 125.87 crore in the corresponding period of the previous year.
Dr. Reddy’s net profit declines by 76% to Rs 153 crore
Tue, Jul 26, 2016
The pharma company reported consolidated net profit of Rs 153.5 crore in Q1FY17, registering a massive 76.28% yoy(year-on-year) decline. However, the current profit grew by 25.20% compared to preceding quarter.
Reliance refining biz records highest earnings on strong product demand, margins
Sun, Jul 17, 2016
Reliance Industries made a whopping Rs 6,593 crore from refining in the April-June period, higher than the Rs 5,235 crore it made from the business last year, a 25.9% increase.
India Inc's first quarter revenue growth seen at 2-year high
Fri, Jul 08, 2016
Three domestic scenarios - an above-average monsoon, a gradual revival in investment sentiment, and better job creation are likely to boost revenue growth to reach a two-year high in June quarter of current fiscal, said a CRISIL report.