31st Jan 2023
Bse Sensex Closed @ 59549.90 Up 49.49 Points
Nse Nifty Closed @ 17662.15 Up 13.20 Points
Bank Nifty Closed @ 40655.05 Up 267.60 Points
India VIX Closed @ 16.8750 Down 0.9050 Points
Jan Month 2023
Bse Sensex Closed @ 59549.90 Up 219 Points
Nse Nifty Closed @ 17662.15 Up 57.80 Points
Bank Nifty Closed @ 40655.05 Up 309.70 Points
India VIX Closed @ 16.8750 Down 0.4450 Points
In News
Larsen & Toubro: The infrastructure major has reported a robust 24 percent year-on-year growth in consolidated profit at Rs 2,553 crore despite weak operating margin performance. Consolidated revenues at Rs 46,390 crore for the quarter grew by 17 percent YoY aided by improved execution in the infrastructure projects segment and continued growth momentum in the IT&TS portfolio. The company received orders worth Rs 60,710 crore during the quarter, a 21 percent YoY growth, taking the consolidated order book to Rs 3.86 lakh crore as of December FY23.
Tech Mahindra: The IT services company has clocked a 0.9 percent sequential growth in consolidated profit at Rs 1,297 crore for quarter ended December FY23, with revenue rising 4.6 percent QoQ to Rs 13,735 crore, beating analysts' estimates. Revenue in dollar terms grew by 1.8 percent QoQ to $1,668 million with constant currency revenue growth at 0.2 percent. Operating numbers were ahead of expectations while deal wins at $795 million for the quarter.
Bharat Petroleum Corporation: The state-owned oil retailer clocked a standalone profit of Rs 1,960 crore for December FY23 quarter against a loss of Rs 304.2 crore in the previous quarter, with strong operating performance amid a fall in oil prices. Revenue grew by nearly 4 percent sequentially to Rs 1.19 lakh crore.
REC: The power projects finance company has recorded a 4 percent year-on-year growth in standalone profit at Rs 2,878 crore for quarter ended December FY23, with a weak topline. Standalone revenue from operations at Rs 9,695 crore fell by 3.1 percent compared to the year-ago period.
IIFL Finance: The company has clocked a massive 37 percent year-on-year growth in profit at Rs 423.2 crore for the quarter ended December FY23, with revenue from operations rising 18 percent YoY to Rs 2,121 crore for the quarter. Pre-provision operating profit at Rs 773 crore grew by 26 percent YoY. Overall core loan portfolio grew by 26 percent YoY, but the non-core (primarily construction and real estate finance) portfolio shrunk by 7 percent. Asset quality improved with gross non-performing assets (NPA) falling 30 bps QoQ to 2.1 percent and net NPA declining 10 bps QoQ to 1.1 percent for the quarter.
Adani Enterprises: International Holding Company, the diversified Abu Dhabi-based conglomerate, will be investing $400 million in Adani Enterprises' further public offering (FPO), through its subsidiary Green Transmission Investment Holding RSC Limited. The Rs 20,000 crore FPO was subscribed 3 percent on the second day of bidding.
KEC International: The infrastructure EPC major and an RPG Group company secured new orders of Rs 1,131 crore across various businesses including transmission and distribution, and civil segment. With these orders, the YTD order intake stands at over Rs 15,500 crore, a growth of 10 percent YoY.
Today's Key Results 31-Jan-22
AMCOIND Quarterly Results
ANDHRAPAP Quarterly Results
APARINDS Quarterly Results
AUTOAXLES Quarterly Results
BASF Quarterly Results
BLUESTARCO Quarterly Results
CARBORUNIV Interim Dividend Quarterly Results
CENTURYTEX Quarterly Results
CHEMOPH Quarterly Results
CHOLAFIN Interim Dividend;Quarterly Results
CIGNITI Quarterly Results
COALINDIA Interim Dividend;Quarterly Results
COCKERILL Quarterly Results
CONTILI Quarterly Results
DHANBANK Quarterly Results
GESHIP Interim Dividend;Quarterly Results
GHCL Quarterly Results
GNA Quarterly Results
GODREJCP Quarterly Results
HOCL Quarterly Results
IGLFXPL-B Quarterly Results
INTSTOIL Quarterly Results
IOC Quarterly Results
JINDALSTEL Quarterly Results
JSWHL Quarterly Results
KOKUYOCMLN Quarterly Results
LEHAR Quarterly Results
MAGNAELQ Quarterly Results
MAHEPC Quarterly Results
MAPMYINDIA General;Quarterly Results
MFSL Quarterly Results
NACLIND Quarterly Results
NIKKIGL Quarterly Results
NXTDIGITAL Quarterly Results
PARADEEP Quarterly Results
PCBL Interim Dividend;Quarterly Results
PGHH Interim Dividend;Quarterly Results
RACCL Quarterly Results
RAJPALAYAM Quarterly Results
SCANSTL Quarterly Results
SECURCRED Quarterly Results
SOUTHMG General;Quarterly Results
SPANDANA Quarterly Results
STARHEALTH Quarterly Results
SUNPHARMA Interim Dividend;Quarterly Results
SUPTANERY General
TAINWALCHM Quarterly Results
TEEAI Quarterly Results
TEGA Quarterly Results
TTKPRESTIG Quarterly Results
UPL Quarterly Results
UYFINCORP Quarterly Results
WESTLIFE Quarterly Results
Today's Corporate Action 31st Jan Ex Date
CCL Interim Dividend - Rs. - 3.0000
MONIND E.G.M.
RKFORGE Interim Dividend - Rs. - 0.5000
WENDT Interim Dividend - Rs. - 30.0000
Some of the main moves in markets:
Stocks
The S&P 500 fell 0.6% as of 9:30 a.m. New York time
The Nasdaq 100 fell 1%
The Dow Jones Industrial Average fell 0.3%
The Stoxx Europe 600 fell 0.5%
The MSCI World index rose 0.2%
Currencies
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.0886
The British pound was little changed at $1.2374
The Japanese yen fell 0.3% to 130.22 per dollar
Cryptocurrencies
Bitcoin fell 2.6% to $23,173.68
Ether fell 3.5% to $1,585.98
Bonds
The yield on 10-year Treasuries advanced five basis points to 3.55%
Germany’s 10-year yield advanced five basis points to 2.29%
Britain’s 10-year yield advanced three basis points to 3.35%
Commodities
West Texas Intermediate crude fell 1.6% to $78.40 a barrel
Gold futures fell 0.1% to $1,943.20 an ounce
Key events this week:
International Monetary Fund’s world economic outlook, Monday
China industrial profits, PMIs, Tuesday
Eurozone GDP, Tuesday
US Conference Board consumer confidence, Tuesday
Earnings Tuesday include: UBS, Unicredit, Snap and Advanced Micro Devices
Eurozone Manufacturing PMI, CPI, unemployment, Wednesday
US construction spending, ISM Manufacturing, light vehicle sales, Wednesday
FOMC rate decision, Fed Chair Jerome Powell press conference, Wednesday
Earnings Wednesday include: Meta Platforms and Peloton Interactive
Eurozone ECB rate decision, President Christine Lagarde press conference, Thursday
UK BOE rate decision, Thursday
US factory orders, initial jobless claims, US durable goods, Thursday
Earnings Thursday include: Alphabet, Apple, Amazon, Qualcomm and Deutsche Bank and Santander
Eurozone S&P Global Eurozone Services PMI, PPI, Friday
US unemployment, nonfarm payrolls, Friday
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