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United Spirits Q1 consolidated net profit rises to Rs 50 cr on robust sales growth

United Spirits Q1 consolidated net profit rises to Rs 50 cr on robust sales growth
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Kingfisher Airlines & Jet Airways: Prosenjit Datta examines the case of two bankrupt airlines

Kingfisher Airlines & Jet Airways: Prosenjit Datta examines the case of two bankrupt airlines
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Market Ahead Podcast, July 19: Top factors that could guide markets today

After scaling fresh record highs in the week gone by, markets could be in for a volatile ride in the truncated week. Quarterly earnings outcome and management commentary on recovery amid absence of any macroeconomic data will largely decide market momentum. Analysts expect sector-specific movement to continue amid the ongoing results season. Besides, global cues, FII flow trends and updates on the Covid front will also be on investor radar. Equity markets would remain closed on Wednesday for Bakri-Id. On the earnings front, some 200 corporates are poised to post their quarterly numbers. Some of the prominent names are ACC, HCL Technologies, HDFC Life Insurance Company, Asian Paints, Bajaj Finance, ICICI Prudential Life Insurance Company, Bajaj Finserv, Bajaj Auto, Hindustan Unilever, UltraTech Cement, Ambuja Cements, JSW Steel, Reliance Industries, ICICI Bank and ITC.

Stocks to watch: HDFC Bank, HCL Tech, Clean Science, GR Infra, Just Dial

Here are the top stocks to track in today s session: Results Today: ACC, HCL Technologies, HDFC Life, Indian Bank and Mastek are among 25 firms slated to post their June quarter numbers today. HCL Tech s Q1 performance is likely to be impacted due to supply-side challenges amid the second Covid-19 wave. The net profit could rise in the range of 6-11 per cent year-on-year on a 14 per cent growth in revenue (rupee terms). The company could give a specific guidance range for FY22 at around 12–13 per cent - moving away from a generic double-digit projection mentioned earlier, according to Edelweiss Securities.

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