Cipla Shares Surge Over 6% On Strong Q1 Earnings

Cipla Shares Surge Over 6% On Strong Q1 Earnings

New Delhi: Shares of drug major Cipla today rose over 6 per cent after the company reported 23.63 per cent rise in consolidated net profit for the first quarter ended June 30. After opening the trade on a positive note,...
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Tata Motors Shares Fall Over 8% After Q1 Earnings

Tata Motors Shares Fall Over 8% After Q1 Earnings

New Delhi: Tata Motors shares on Thursday slumped over 8 per cent after the company’s June quarter earnings failed to meet market expectations. After opening the day on a weak note, shares of the company further plunged 8.23 per cent...
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Sensex, Nifty Edge Higher; Tech Mahindra Surges 7% On Strong Q1

Sensex, Nifty Edge Higher; Tech Mahindra Surges 7% On Strong Q1

Indian shares edged higher on Tuesday tracking positive Asian shares. The BSE Sensex rose nearly 100 points to an intraday high of 32,615.44 while the Nifty50 index added nearly 25 points at day’s high as tech shares led by Tech...
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What L&T’s Q1 result tells us about state of investment demand in Indian economy

What L&T’s Q1 result tells us about state of investment demand in Indian economy

As India’s largest infrastructure and engineering conglomerate, Larsen & Toubro Ltd is proxy for the state of investment demand. The company’s June quarter’s media release on its performance has many takeaways. Fresh order intake fell 11% to Rs26,400...
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Biocon Shares Fall 7% As Q1 Profit Slumps

Biocon Shares Fall 7% As Q1 Profit Slumps

New Delhi: Bio-pharmaceutical firm Biocon’s shares dropped 7 per cent on Friday, a day after the company reported a 51.20 per cent decline in consolidated net profit for the quarter ended June 30. Shares of the company opened the day...
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HCL Tech Q1 Net grows 6.1% to Rs 2,171cr; shares rise over 3%

HCL Tech Q1 Net grows 6.1% to Rs 2,171cr; shares rise over 3%

India’s fourth-largest software services exporter HCL Technologies today reported 6.1 % increase in consolidated net profit at Rs 2,171 crore for the first quarter ended on June 30, 2017. The company had posted a net profit of Rs 2,047 crore...
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