The Indian equity market closed lower on Thursday led by marketing in consumer goods, car and banking shares amid a weak trend in world equities. Sensex closed 420 points lower at 60,613 and fell 129 points to finish at 18,028. Of thirty Sensex stocks, twenty-four resulted in the red.
LIC, M&M, Hindalco, Adani Power, ABB India, Info Edge, Zydus Lifesciences, Astral, Alkem Industries, Vedant Fashions, Thermax, Delhivery, India significant Electricals, and izzard recreation are among the businesses that may announce their earnings for the Sep 2022 quarter these days.
Eicher Motors: the auto major’s consolidated profit once tax rose seventy-six percent to Rs 657 crores in Sep quarter, led by brisk sales across domestic and international markets. the corporate had reportable a net income of Rs 373 crore for July-September 2021-22.
Adani green Energy: The renewable energy player logged a forty-nine percent rise in its consolidated net income at Rs 149 crore in Q2 in the main because of higher revenues. The consolidated net income of the corporate was Rupees one hundred crores within the quarter on Sep thirty, 2021.
Zomato: food delivery platform logged a narrowing of its consolidated net loss to Rs 250.8 crore in Q2 against a consolidated web loss of Rs 434.9 crore within the year-ago amount.
The Indian Hotels Company: The Tata Group’s welcome firm reportable a consolidated profit once tax (PAT) of Rs 129.59 crore in Q2 following growth in travel demand. the corporate denotes a loss of Rs 130.92 crore throughout the corresponding quarter within the previous yr.