Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «earnings»

15 October, 2018 12:02 PM ITC Q2 PAT seen up 17.2% YoY to Rs. 3,093.7 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs. 3,093.7 crore up 17.2% year-on-year (up 6.1% quarter-on-quarter). Net Sales are expected to increase by 9.1 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 11,152.1 crore, according to ICICI 32

15 October, 2018 7:42 AM The Big Beneficiaries of India's $10 Billion Clean Air Drive

PM Narendra Modi's mandate for gas outreach is expected to boost earnings of smaller mills, according to Indianivesh Securities Ltd. Steel pipe makers are set to become beneficiaries of government's $10 billion push to expand the natural gas network to more of its urban masses and cut pollution. The country has just completed its biggest city gas distribution 56

10 October, 2018 2:18 PM Festive cheer for Bollywood: 2018 all set to be blockbuster year, Q4 likely to add Rs 1,500 crore

2018 is turning out to be one of the best years for the film industry and it looks like the closing three months have more to add to it. Considered as one of the most lucrative periods for the sector, the fourth quarter looks promising with a strong line-up of films. Tapping into this opportunity are filmmakers who come out with big-ticket items. As many as five major 51

9 October, 2018 7:23 AM Railway Employees Likely To Get Around 18,000 Rupees As Bonus Before Dussehra

Ahead of the festive season, railway employees are likely to get 78-day wages as bonus this year, the same as in the last six years. The Railway Board has proposed 78-day wages as productivity-linked bonus (PLB) for its employees for 2017-18 after detailed discussions with rail unions, and the proposal is likely to be approved by the Cabinet, a senior 58

27 September, 2018 10:48 AM With co-founders gone, Mark Zuckerberg's vision for Instagram will be unchallenged

Following the exit of Instagram co-founders Kevin Systrom and Mike Krieger, the photo-sharing app may become more integrated with Facebook, its teams and product goals, sources told Bloomberg. Instagram saw a growing influence of Facebook in its functions over the past one year. Earlier in 2018, Facebook had asked Instagram to come up with prompts to drive 65

27 September, 2018 9:52 AM Ideas for Profit: Strong financials, attractive valuation make Automotive Axles a long-term buy

Market leadership, marquee clientele, operating leverage, lean balance sheet and strong financial performance should support earnings, going forward. The business is also gearing itself for upcoming EV wave and trades at reasonable valuations that beckons investor’s attention Automotive Axles (AAL) is a provider of rear drive axle assemblies to commercial 69

25 September, 2018 9:14 AM ITC gains 1%; CLSA maintains buy with target Rs 390

There is a proposal for an additional ‘disaster cess’ to help Kerala post the floods, while proposal is likely to come up for discussion at the GST Council meet on September 28. Shares of ITC gained more than 1 percent intraday Tuesday as broking house CLSA maintained buy with a price target of Rs 390 per share. According to CLSA there is a potential 56

20 September, 2018 11:25 AM SAIL's modernisation, expansion programme near completion: CMD

State-owned steel maker SAIL has almost completed its around Rs 72,000 crore modernisation and expansion programme, a top company official said Thursday. SAIL had undertaken the modernisation and expansion programme to increase its capacity to 21 million tonnes per annum (MTPA). The financial year 2017-18 witnessed several landmark achievements through 51

17 September, 2018 9:20 AM Asian Paints, Kansai Nerolac down 1-2% despite Citi remains positive on revenue growth prospects

The companies could see downside risks to earnings if cost push sustains or price hikes are delayed, Citi feels. Paint companies including Asian Paints and Kansai Nerolac Paints were down 1-2 percent despite research house Citi remained positive on revenue growth prospects of Indian paints industry. Weak rupee and price hardening of raw materials are the major 55

12 September, 2018 9:11 AM Buy Oil India, ONGC with potential upside up to 43%: HSBC

Research house HSBC has maintained buy rating on Oil India with a potential upside of 33 percent. The firm raise target to Rs 270 from Rs 253 per share. It also maintained buy on ONGC with a target of Rs 240. It sees potential upside of 43 percent. The upside from higher oil is going to be offset by risks of higher costs and subsidy burden. It feels 59