OTHER GROUP COMPANIES
market

Key Results Today: Ashoka Buildcon, IPCA Labs, JK Cements, Godrej Industries in focus

These companies are from sectors such as cement, infrastructures and paints among others.

November 12, 2021 11:03 IST | India Infoline News Service
About 485 companies are set to present their financial performance for the second quarter ending September 2021 (Q2FY22). These companies are from sectors such as cement, infrastructures and paints among others.

On year-on-year, broadly the earnings are expected to be stable since demand has picked up the pace with a slowdown in active Covid cases and vaccination drive. Businesses are returning to their pre-Covid levels.

Ashoka Buildcon, Godrej Industries, Ipca Labs, JK Cement and Shalimar Paints are among key earnings to watch today.

At around 10.56 am, Ashoka Buildcon and IPCA Labs dipped over 1% each, JK Cement and Shalimar Paints slipped nearly 0.7% and 0.9% respectively. On the contrary, Godrej Industries gained marginally.

Notably, IPCA has announced that on November 13 the company's board will consider and approve sub-division of every 1 equity share of the nominal/face value of Rs. 2/- each into 2 equity shares of the nominal/face value of Re1/- each

Other companies that are set to announce their Q2 today are PNC Infratech, Sadbhav Infrastructure Project, Sterling and Wilson Solar, Thyrocare Technologies, and Vivimed Labs.

Ahead of the Q2 earnings, Indian markets traded higher. Sensex neared 60,100 and Nifty 50 was near 17,930 at around 11 am. Sensex has soared as much as 60,325 and Nifty 50 even regained over 18,000-mark in the early opening bell. 

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits worth 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity