THINKING HATS ENTERTAINMENT SOLUTIONS LTD Q2 RESULTS
Fund Manager Talk | Nifty down 12% from peak, UTI AMC's Sharwan Goyal picks 3 sectoral ideas
Based on the historical performance analysis of different factors, typically, during periods of heightened market volatility, the Quality and Low Volatility factors have historically demonstrated relative outperformance.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 50%
Whether the market is in the grip of bulls or bears, always be cautious and selective. Now, when the street is bearish, make sure that, influenced by short-term narratives, you don’t sell at the wrong time. Another tip: Avoid the urge to average out. Look at every sector and company in terms of both their operating and valuation matrices. If the operating matrix is improving, that’s good. You can ignore the bearish noise on the street. Our selected stocks today depict a strong upward trajectory in their overall average score, which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
More confident and positive about 2025 compared to 2024; 2026 will be even better: TCS CEO K Krithivasan
TCS leaders are confident about future growth and advancements. They highlight investments in AI, talent development, and technology modernization. Growth opportunities in client decision-making, regional markets, and internal efficiency boosts from Generative AI are anticipated. Positive trends in North America banking and sizable hiring of new employees are also expected to enhance productivity.
Emerging Titans: Harsh & Rishabh Mariwala on doing business by pivoting on ‘masstige,’ D2C & changing consumption pattern
Harsh and Rishabh Mariwala discussed emerging consumer trends, including premiumization, D2C growth, and the rise of 'masstige' products. They highlighted the transformative impact of quick commerce on distribution, necessitating strategic adaptation. Marico's future focuses on food expansion, premiumization, D2C brands, international growth, and maintaining its core business amidst evolving market dynamics.
Mind Over Money: From Scuba Diving to Portfolio Strategy - Gautam Kalia on Gaming, Music, and Financial Freedom
Gautam Kalia, Head of Super Investor at Mirae Asset Sharekhan, is a multi-faceted leader with passions in diving, music, and gaming. He believes his hobbies influence his leadership style and problem-solving approach. In an interview with ETMarkets, he discussed how he empowers clients through personalized financial solutions.
Info Edge sees Q2 net profit dive 64% to Rs 85 crore
A rise in deferred tax charges totalling Rs 260 crore and Rs 363 crore in extra deferred tax charges from previous years under other comprehensive income were largely responsible for this fall in net profit.
- Go To Page 1
Zee Entertainment reinstates increments from September 1
Zee Entertainment Enterprises Limited has reinstated salary increments effective September 1, 2024, after a previous 15% workforce reduction. A portion of this increment is already factored into Q2 results. Despite this, ZEEL's employee benefits expense decreased by 12%. The company aims for a 20% EBITDA margin by FY26, involving cost optimizations and personnel restructuring.
RIL Q2 Results: Net profit falls 5% YoY to Rs 16,563 crore, but beats estimates
Reliance Industries Q2 Results: The company exceeded profit forecasts in the second quarter, despite a marginal 0.2% YoY revenue growth to Rs 2.35 lakh crore and a 2% decline in EBITDA. The company's profit beat the ET Now poll estimate of Rs 15,716 crore, signalling strength despite the slight dip in revenue and EBITDA. EBITDA margins also decreased by 50 basis points to 17%.
5 Best Air Fryers by Inalsa for Healthy Cooking
Inalsa air fryers have gained popularity among health-conscious consumers for their ability to cook meals with minimal oil. The article reviews various Inalsa models, highlighting their features, benefits, and versatility in cooking methods such as frying, baking, grilling, and roasting. These air fryers are designed to offer healthier cooking options with advanced technology.
Byju’s Rs 158 crore BCCI settlement; FirstCry IPO details
Embattled edtech startup Byju's has arrived at a settlement with the Board of Control for Cricket in India. Details on this and more in today’s ETtech Top 5.
Q1 results this week: ITC, SBI, TaMo, Zomato among 130 firms to announce earnings
This week, several prominent companies released their June quarter financial results. Firms like ITC, SBI, Adani Ports, Tata Motors, and M&M showcased their reports between July 29th and August 3rd. The updates offered a glimpse into their quarterly performance, engaging the attention of investors and stakeholders.
Ashok Leyland MD on Q1 results, plans to list subsidiaries & more
Ashok Leyland, led by CEO Shenu Agarwal, expressed strong potential in its subsidiaries like Hinduja Leyland Finance, Hinduja Housing Finance, and Hinduja Technologies. Despite election impacts, Q1 volumes hit record highs. Prospects look promising for FY25. Agarwal also says that a lot of positive momentum is building and he expect sQ2 also will be good.
The big Indian IT reset: green shoots in Q1 earnings
K Krithivasan, chief executive and MD at TCS, said during the Q1 earnings call that BFSI, its biggest vertical, returned to growth sequentially, along with all its markets and verticals except for CMI (communication, media and information).
HCLTech Q1 result; Nasscom on Karnataka gig workers’ bill
India’s third IT major HCLTech’s Q1 profit is up 20% to Rs 4,257 crore. This and more on today’s ETtech Top 5.
Uptick in IT hiring; ex-bureaucrat turns VC
Happy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.
Indian financial services sector is experiencing a significant upswing: Inventure Growth & Securities’ Kanji B Rita
India's financial services sector is poised for sustained growth. By leveraging the demographic advantage, embracing technological advancements, and prioritizing financial inclusion, a robust and inclusive financial ecosystem can be built, says Inventure Growth’s Kanji B Rita.
Zee’s finances on the mend, still wait for bigger picture
Zee’s consolidated revenue grew by 10% year-on-year to Rs 2,170 crore in the March 2024 quarter. This was 8% higher than the street’s estimates. A large part of this growth was on account of 10% growth in the advertising revenue at Rs1,110 crore, beating the analysts’ estimates by 16%.
Brokerages bearish on Delhivery post Q4 nos, shares plunge 10%
"Margin improvement is volatile as the small impact on utilisation for its network impacts the margin as pricing power is limited," said the brokerage, while slashing its target price from ₹600 to ₹488.
Delhivery slides back to losses; Prosus names new CEO
Logistics startup Delhivery fell back into the red for the March quarter but managed to narrow its losses on a year-on-year basis. This and more in today’s ETtech Top 5.
Discover the Top 10 Monitors Under 20000 Rupees for Enhanced Productivity and Entertainment
Dive into our selection of the best monitors under 20000 in India! Whether you're a casual user, a content creator, or a gaming enthusiast, these monitors offer exceptional value and performance. From crisp Full HD resolutions to immersive curved screens, there's something for every need and preference. With features like fast refresh rates, wide viewing angles, and vibrant colors, these monitors elevate your viewing experience without compromising on quality. Say goodbye to blurry visuals and hello to crystal-clear images with our top picks for the best monitors under 20000 in India!
Tech Mahindra Q3 profit down 61% at Rs 510 crore in FY24
The country's fifth largest software services firm cited its business rationalisation measures as well as continuing macroeconomic headwinds impacting its clients across business segments for missing profit estimates.
Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
Q3 is definitely looking better for Bajaj Electricals: Anuj Poddar
“In the current quarter, we have had a contraction in general trade. A lot of that is led by weakness in the rural markets. But if we look at all our alternate channels, whether it is e-commerce, modern trade, institutional sales, they have all seen extremely healthy double digit growth for us, which is why again, I am confident."
Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others
Power Grid, Shree Cements, Trent, Zydus Lifesciences, Info Edge (India), Indian Railway Catering & Tourism Corporation, Cummins India, Alkem Laboratories, UNO Minda, Prestige Estates Projects, among others will release their Q2 earnings on November 7
Q2 earnings, global cues among 8 factors to drive Dalal Street this week
As the earnings near the fag end, a plethora of companies are scheduled to release their second-quarter earnings in the week ahead. Divi’s Laboratories, FSN E-Commerce, Power Grid Corp of India, Adani Ports and SEZ, Apollo Hospitals, Bosch, Zee Entertainment Enterprises, LIC, Oil and Natural Gas Corp, Coal India, M&M, HAL, and Hindalco Industries are among the big names to watch out for.
HDFC Bank to release Q2 results today. Anand James shares his trading strategy
Barring Infosys, IT stocks like TCS, HCL Tech and Tech Mahindra, which together form 11% of Nifty, seems to have found a base around their respective rising trendline supports hinting a bounce back. Towards this end, we do not expect IT stocks to be slowing down Nifty, but banks might.
HCLTech expects Q3, Q4 growth to lead industry numbers: CEO C Vijayakumar
Vijayakumar told ET that the lack of discretionary spending across clients through the past two quarters and limited resumption visibility on customer expenditures have been the key factors for slashing organic revenue growth guidance.
Nifty IT index stocks: Will announcement of Q2 earnings mark the end of bad times for them?
While IT stocks have been underperforming the broader market for more than a year, But at this point of time as second quarter results start to pour in, they witnessed another round of sharp correction. This was in the backdrop of some of the US IT services companies indicating that the operating environment is tough at this point of time. But sometimes, even the management are caught on the wrong foot, like in early 2021 when they went on a hiring spree only to reverse in less than two years. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Nifty IT under pressure! Is it the aftermath of Infosys' disappointing Q1 or are headwinds for real?
It was after almost six quarters that quarterly results of TCS were able to help in improving the sentiment toward the IT stocks. But that was short lived as the result and guidance of Infy reversed the sentiment toward bears. But is the worst over or it is still to continue. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Load More
