The S&P 500 ended lower on Thursday after a rise in weekly jobless claims compounded worries about a stalling economic recovery and fading hopes for more fiscal aid before the election. US weekly jobless claims unexpectedly increase to 898,000.
The Dow Jones Industrial Average fell 0.07% to end at 28,494.2 points, while the S&P 500 lost 0.15% to 3,483.34. The Nasdaq Composite dropped 0.47% to 11,713.87.
🎯 News & Impact 🎯
Major Results Today : HCL Technologies
Results Updates :
🎯 Mindtree Q2FY21
U.S. Dollar revenue up 3.1% to $261 million.
Revenue up 1% to Rs 1,926 crore.
Net profit up 19.1% to Rs 253.7 crore.
Ebit up 11.6% to Rs 321.5 crore.
Ebit margin at 16.7% from 15.1%
Constant Currency Growth of 2.1%
Declares interim dividend of Rs 7.5 per share.
🎯 Cyient Q2FY21 :
U.S. Dollar revenue up 3.4% to $135 millions.
Revenue up 1.2% to Rs 1,003.3 crore.
Net profit up 3% to Rs 83.9 crore.
Ebit up 2.5 times to Rs 99.7 crore.
Ebit margin at 9.9% from 4%
Lower employee costs aid margin expansion.
Positive for the stock. 👍
🎯 AstraZeneca Pharma : To launch Calquence in India on October 21. Company had received import and market permission from Drugs Controller General of India on March 12. The drug is used to treat various types of blood cancer.
🎯 Reliance Industries : Reliance Retail Ventures Limited, a subsidiary of Reliance Industries received subscription amounts of Rs 6247.50 from MIC Redwood 1 RSC Limited (Mubadala) and Rs 5512.50 crore from Platinum Owl C 2018 RSC Limited (acting in its capacity as trustee of ‘Platinum Jasmine A 2018 Trust’) (ADIA).
🎯 Hindustan Zinc : Board to consider interim dividend in a board meeting on October 20.
🎯 Tech Mahindra : Executes JV with Sumitomo Corporation to provide engineering services to the automotive sector. The proposed JV shall have both partners holding 50% stake each.
🎯 Bharti Airtel : Competition Commission of India approves completion of first closing of the company's arm Nxtra Data to the Carlyle group. The company on July 1 had announced that the Carlyle Group will acquire 25% stake in the company's data centre business at a valuation of $1.2 billion.
🎯 Persistent Systems : To acquire entire business of U.S.-based Capiot Software for $6.34 million.
Persistent Systems | The company enters into an agreement to acquire Palo Alto-based Capiot.
🎯 Bharti Airtel - Comfort Investments II will invest USD 235 million in Nxtra Data, a wholly owned subsidiary of Airtel.
🎯 Ajanta Pharma : Promoter Ravi Agrawal created pledge of 9.5 lakh shares on October 15.
Negative for the stock.
🎯 Jamna Auto : Promoters revoked pledge of 6.5 lakh shares on October 13.
Positive for the stock. 👍
🎯 GMR Infra: Promoter GMR Enterprises released pledge of 26 crore shares from October ur14-15.
Positive for the stock. 👍
✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒
Edited by Sharp.
No comments:
Post a Comment