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Source: Live Mint Q2 results today on October 18: At least 34 companies are set to release their July-September quarter financial results today, on Friday, October 18, according to BSE data. Further, several major blue-chip firms are scheduled to declare their Q2 results today and on October 19 (Saturday). The second quarter results (Q2FY25) season…
Source: Live Mint A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year. An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new…
Source: Live Mint The Indian stock market has been undergoing a correction since September 27 and significantly underperforming its Asian peers. India is at a risk of seeing its premium valuations, held since May 2021, narrowing in the coming months. In contrast, global investors are increasingly drawn to the Chinese market due to its low…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
Source: Live Mint Stock Market News: The Nifty 50 and Sensex, which are the main benchmark indices in the country, saw decreases in their daily and weekly performance due to foreign outflows, slowing corporate earnings, and escalating tensions in the Middle East on Friday. At the close of the week, the Sensex concluded at a…
Source: Live Mint Q2 results preview: The Q2 earnings monitor report from Macquarie Equity Research noted that, like in the first quarter, there is a higher number of companies reporting earnings below expectations in the second quarter, particularly in the Consumer Discretionary, Materials, and Financials sectors. According to the brokerage, overall, the general opinion is…
Source: Live Mint Indian Renewable Energy Development Agency (IREDA) on Thursday, October 10 reported a net profit of ₹387.74 crore for the quarter ended September 30, 2024, up over 36% uptick from ₹284.73 crore reported in the year-ago period. The net profit figure is also marginally higher than the ₹383 crore it reported during the…
Source: Live Mint Q2 Earnings Preview: Motilal Oswal Financial Services (MOSL) noted that the past two financial years saw a dynamic interplay between revenue and earnings growth, largely influenced by global macroeconomic factors. In FY23, the MOFSL Universe faced a significant margin squeeze due to rising commodity prices, driven by the Russia-Ukraine war. Despite a…
