The market continues to be jerky as the battle between bulls and bear continues. D-Street sees many specific reactions to actions, thanks to the current profits season. The reference indices have reversed some of the earnings of the day before and closed down 1% on April 27 due to low global signals in the midst of high energy prices, the Ukrainian-Russian war and growth problems . The BSE Sensex fell from 537 points to 56,819, while the NIFTY50 plunged from 162 points to 17,038 before the expiration of the April derivative contracts.
Results today
Axis Bank, Bajaj Finserv, Ambuja Cements, Sbi Life Insurance Company, Vedanta, Agro Tech Foods, Biocon, Coromandel International, Embassy Office Parks Reit, Fineotex Chemical, Iifl Finance, Indiamart Intermesh, Laurus Labs, Motilal Oswal Services, Mphasis, Proceed & Gamble Hygiene & Health Care, PNB Housing Finance, Shoppers Stop, Shriram Transport Finance, Sterlite Technologies and Varun Beverages will publish quarterly results on April 28.
NGO
The state and gas exploration company has signed a memorandum of understanding with the ASA equity based in Norway for exploration and production, and clean energy.
Tata consumer products
Life Insurance Corporation of India bought 1,36 Lakh in the company’s shares via outdoor transactions on April 26. With this action, LIC’s participation in the company increased to 5.008%, compared to 4.993% earlier.
Persistent systems
The company declared a good set of figures, because it recorded sequential growth of 14% of the profit at Rs 200.9 crore pulled from above as well as the operating result. Revenues increased by 9.8% in quarter to 1,637.9 breaks of rupes during the same period, with orders for the quarter to 361 million dollars in total contractual value. Dollars income increased by 9.1% sequentially to $ 217.32 million in the fourth quarter22.
Bajaj Auto
The manufacturer of two and three wheels recorded a growth of 10.3% in annual sliding of the profit at 1,469 crores of rupees during the quarter enclosed March 2022 on the incentives of the Government of the Maharashtra for April 2015 to March 2021, but the Income fell from 7.2% from Yoy Yoy to Rs 7,974.8 believed in volumes. The EBITDA fell 10% to Rs 1,396 crore.
Thirty
The company posted a loss of RS 20.87 crosses for the quarter enclosed March 2022 against a profit of RS 17.44 crosses during the same period last year, because overall expenses jumped 49% during The same period, but the income was very strong, increasing by 46.7% to Rs 1.328.9 crosses compared to the period of the previous year.
HDFC asset management company
The company declared growth of 8.7% in annual sliding of profit at Rs 343.55 crore supported by other income and a reduction in tax costs. Income increased 2.6% in annual sliding to Rs 516.28 crosses during the same period.
Hindustan Unilever
The company declared a better benefit than the estimates of analysts, the profits increasing by 8.6% in annual sliding to 2,327 beliefs on two -digit growth in the lead and operating profit, although The margin contracted by 30 bps in red pledges. Revenues during the quarter increased by 11% to Rs 13,462 crosses compared to the same period last year with growth in a flat underlying volume. The company said that it had managed activities that dynamically stimulate saving more hard in all P&L lines and taking calibrated pricing actions. The final dividend declared by the company was Rs 19 by action for exercise 22.