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The profit figure is likely to be around Rs 2,900, according to an average estimate of 7 brokerages. The company had reported a loss of over Rs 5,000 crore in the year-ago period. JLR volumes (excluding China JV) are expected to remain flat quarter-on-quarter, led by a strong order book, leading to flat QoQ revenues in the first quarter

The net interest income, which is the difference between interest earned on loan advances and interest paid on public deposits, rose 28% at Rs 8,666 crore. Provisions and contingencies fell 26% at Rs 2719 crore

A Delaware court judge said on Friday declined to approve the proposed settlement by AMC in a case that has alleged the company planned to convert preferred stock to common to circumvent the will of common stock holders who had opposed the issuing of new shares

Sector-wise, buying was seen in infra, public sector, and capital goods stocks and selling in FMCG, metals, oil & gas and banks.

After rallying over 40% in the last 6 months, ITC shares ended about 4% lower at Rs 470.90 on BSE after the FMCG major announced that it will hive off the hotels business into a new subsidiary. By doing this, ITC management has begun the process of addressing the biggest investor concern around the demerger of its non-cigarette business like hotels, agri and IT

The Board has approved the re-appointment of T V Narendran as CEO and MD for another five years, effective September 19.

The markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday

Supreme Petrochem is a leading player in the Indian petrochemical industry, involved in the manufacturing and distribution of a wide range of plastic products. On July 21, 2023, the stock price closed at Rs 446.40, surpassing its 20-day SMA of Rs 440.34.

“ITC FMCG business has become large and it is free cash flow positive. Tobacco business volume growth is not bad at all, given that they are getting market share from the illicit market. Hotel business is in a mini bull run and paper business has never had it so good.”

​MACD is a momentum indicator that helps to know the relationship between the two moving averages of prices. ​