FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The company s EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore
YES Bank has broken out on the upside after surpassing a major hurdle of Rs 25 recently. The trend has turned extremely optimistic and any corrective move should witness addition in longs.
As per the data, two funds associated with Rajiv Jain's GQG Partners namely GQG Partners Emerging Markets Equity Fund and Goldman Sachs Trust II - Goldman Sachs GQG Partners International Opportunities Fund together held 2.79 per cent stake in cigarette maker ITC as of December quarter.
MF holding in Zomato increased by a sharp 71 million shares month-on-month (MoM) in December, according to a report by PhillipCapital. Shares of the online food delivery aggregator have rallied nearly 19% since December.