Some Corporate & Economy snippets for today

  • 07 Feb, 2023 |
  • 10:50 AM
  • Developments that may impact market movement today.

 Corporate Snippets

  • Tata Steel has posted a loss of Rs 2,502 crore in the December quarter. 
  • LIC Housing Finance’s profit in the December quarter has come down y-o-y by 37%. 
  • Muthoot Finance’s profit in the December quarter has come down y-o-y by 12.4%.
  • JK Paper’s profit in the December quarter increased y-o-y by 119%.BLS International’s profit in the December quarter has increased y-o-y by 62%. 

Economy Snippets

  • RBI will announce its interest rate hike decision tomorrow.
  •  Economists of SBI have said that they expect RBI to Not go for any interest rate hike tomorrow. 
  • Most other experts expect that RBI will announce a 25 basis point (0.25%) hike tomorrow.

Results today:

Bharti Airtel, Ambuja Cement, Hero Motors, Adani Green Energy, NDTV, GSK Pharma, Wonderla Holidays, Kalyan Jewelers, Navin Fluorine International etc.


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