In H1FY23, Ebitda margins improved 200 bps to 14.2% on account of improved sales realisation, favourable product mix, moderation in input costs, procurement efficiencies and better operating leverage.
Posts in category Business Standard
Tata Motors rallies 6% as JLR wholesales jump 15% YoY in December quarter (10-01-2023)
On a preliminary basis, free cash flow is likely to be over £400 million positive in the December quarter, JLR said.
TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend (10-01-2023)
Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note.
Gold prices rise by Rs 330, selling at Rs 56,290; silver unchanged (10-01-2023)
22-carat gold was selling at Rs 51,600 per 10 grams
MARKET LIVE: Global cues to guide indices; TCS, Tata Motors in focus (10-01-2023)
Stock market LIVE updates: Tata Consultancy Services (TCS) reported a strong Q3 performance. The net profit rose 11 per cent YoY to Rs 10,846 crore
Resistance for Nifty seen at 18,140, says Ravi Nathani (10-01-2023)
According to the technical analyst, the if the NSE Nifty 50 benchmark surpasses the resistance a rally to 18,265 seems likely.
Mehul Kothari recommends to buy Laurus Labs, RateGain Travel Technologies (10-01-2023)
According to the technical analyst from Anand Rathi, Laurus Labs can rally to Rs 400; while RateGain can jump to Rs 330.
Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR (10-01-2023)
Stocks to Watch: TCS reported 11 per cent YoY growth in Q3 net, while revenue beat analyst expectations at Rs 58,229 crore.
Citibank upgrade lifts metal stocks; Nalco and SAIL shares gain (09-01-2023)
The BSE Metal Index rallied 1.5 per cent, outperforming the benchmark Sensex which rose 1.41 per cent
Sebi clarifies on mode of payment for settlement of trades on RFQ platform (09-01-2023)
Capital markets regulator Sebi on Monday said payment mechanisms provided by banks and payment aggregators can be used for settlement of trades in the debt securities executed on the request for quote (RFQ) platform of stock exchanges.
This is in addition to the existing payment mechanism of Real-Time Gross Settlement (RTGS) provided by banks, the Securities and Exchange Board of India (Sebi) said in a circular.
As a matter of practice, presently, stock exchanges are using RTGS channel as a mode of settlement for trades executed on the RFQ platform with respect to listed corporate bonds, commercial paper, and securitised debt instruments.
The clarification came after stock exchanges and market participants sought clarification as to whether payment mechanisms other than RTGS provided by banks or payment aggregators can be permitted for settlement of trades executed on the RFQ platform.
“It is clarified that in addition to the existing payment mechanisms, payment mechanisms provided