Amara Raja Batteries shares jump 12% on strong Q2
The company has announced an interim dividend of ₹2.90 per equity share of the face value of ₹ 1 each.
The company has announced an interim dividend of ₹2.90 per equity share of the face value of ₹ 1 each.
Shares of Tata Steel, Larsen & Toubro, and Bharti Airtel fell up to 3% as investors reacted to their respective quarterly earnings reports.
Analysts expect TCS, Infosys, Wipro and HCL Tech to report 3-7% quarter-on-quarter dollar revenue growth, backed by strong demand for outsourcing services
India’s largest airline reports net loss of Rs 652 crore for the quarter ended September due to higher fuel prices.
Revenue grows 20.7% to Rs 36,854 crore, operating margin increases to 26.5%, on strong demand for digital services and a falling rupee.
Private sector lender attributes the rise to a robust growth in net interest income.
Tier-I firms expected to post quarter-on-quarter top line growth in the range of 0.5- 4.5%, said analysts