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Edelweiss sess profit rising 26.5 per cent YoY to Rs 780 crore. It sees sales rising 12.2 per cent YoY to Rs 5,531 crore. The brokerage sees Ebitda margin falling 14 basis points YoY to 22.7 per cent, with input cost headwinds partly compensated by plateauing SG&A investments.

Shriram Transport Finance Company Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 33574.20 Crore) operating in NBFC sector.

Companies are upbeat about the economy and consumer confidence as most see Covid-19 as being unlikely to have an impact on the business cycle this year.

Asian stocks recovered some of their steep losses from the previous session on Friday after U.S. markets limited further declines from hawkish U.S. Fed comments, supported by a firm economy and strong earnings at Apple Inc .

Imagine Marketing, the parent company of consumer device maker Boat, plans to raise Rs 900 crore by issuing fresh stock and Rs 1,100 crore via an offer for sale, wherein existing investors will liquidate some holdings.

Metals and mining company Vedanta has raised Rs 8,000 crore secured term loan from Union Bank of India at 7.75% last month and used the proceeds to prepay high-cost debt raised at over 10% two years ago, people aware of the development said.

Chief Executive Elon Musk told a quarterly conference call that Tesla would not launch new models like Cybertruck this year because it would dent volume growth in the face of supply chain headwinds that would be alleviated only next year.

Indian Metals and Ferro Alloys Ltd (IMFA) on Thursday reported a consolidated net profit of Rs 122 crore during the December quarter of FY 22, up 3.7 times the net profit reported during the same quarter last year.

Vedanta Resources, Jindal Steel and Power Limited, Mumbai International Airport Limited (MIAL), and Sukhbir Agro Energy were among the companies which had planned dollar bonds issues and had already appointed arrangers and started legal background work. However, all of them have put their proposed issues on hold, according to people aware of the matter.

The dollar was headed for its best week in seven months on Friday after breaking through key levels against the euro as traders priced in a year of aggressive U.S. interest rate hikes.