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“India is about to enjoy that same wonderful golden period of new economy growth that China had for the last 10 years. Unfortunately most of it will remain unlisted. But nevertheless, the indirect effects on the economy will be just as beneficial.”

The outlook for the hotels division, demand and price trends in the cigarette segment and performance of the agri and packaging divisions will be keenly watched.

Tata Power shares gain 0.82% as Sensex rises

Updated at : 2021-10-27 13:20:01

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A total of 5,901,009 shares changed hands on the counter till 12:34PM (IST)

The Relative Strength Index of the stock stood at 44.12 on Wednesday.

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The Relative Strength Index of the stock stood at 58.24 on Wednesday.

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ICICI Securities said Cipla’s Q2FY22 result was above our estimates led by strong performance in India. However, it expects India growth to taper down in the coming quarters with declining contribution from COVID-19 portfolio and higher base.

Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care, Service Income and Scrap for the year ending 31-Mar-2021.

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Promoters held 54.8 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 25.53 per cent and 10.33 per cent, respectively.

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In an exchange filing, the company said that a healthy demand environment after the second wave of COVID had pushed up sales volumes by 8 per cent to 256,664 tonnes in September 2021 quarter.

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While net profit showed a hefty increase, the bank’s net interest margin declined to 2.72 per cent versus 2.82 per cent over the same period a year ago. The net interest income, too, fell to Rs 6,273 crore in the July-September quarter.

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