Most Asian stocks slipped in early trading Tuesday and U.S. futures edged higher as traders await a Federal Reserve meeting that is expected to leave policy exceptionally loose despite robust growth.
🎯 News & Impact 🎯
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Major Result Today :
Axis Bank, Maruti Suzuki, ABB India, Bajaj Finance, Britannia Industries, HDFC Asset Management Company, Nippon Life India Asset Management, PNB Housing Finance
🎯 Tech Mahindra : The company reported a 17.4 percent sequential decline in consolidated profit at Rs 1,081.4 crore for Q4 FY21. Consolidated revenue for the quarter stood at Rs 9,729.9 crore, up 0.9 percent QoQ. The company's subsidiary will acquire 100% equity shares in Eventus Solutions Group LLC.
Rs. 30 Dividend declared.
🎯 HDFC Life Insurance Company : The company reported a consolidated profit of Rs 319.06 crore in Q4 FY21 against Rs 311.65 crore in Q4 FY20, net premium income jumped to Rs 12,869.55 crore from Rs 10,475.95 crore in the year-ago.
🎯 SBI Cards and Payment Services : The company reported a profit of Rs 175 crore in Q4 FY21 against Rs 84 crore in Q4 FY20. Revenue declined to Rs 2,308.68 crore from Rs 2,433.24 crore in the year-ago.
NPA widens. Negative.
🎯 Castrol India : The company reported a profit of Rs 243.6 crore in March quarter 2021 against Rs 125.2 crore in March quarter 2020. Revenue jumped to Rs 1,138.7 crore from Rs 688 crore.
🎯 Wipro : The company announced the implementation of a digital experience platform for Bristol Water to modernize critical infrastructure.
🎯 Indian Railway Catering and Tourism Corporation : Due to rising COVID cases and travel restrictions, the operation of the IRCTC Lucknow - New Delhi Tejas Express train has been suspended.
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