Some Corporate & Economy snippets for today

7 Feb 2023 , 10:50 AM

 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.