Amid weak global cues and a lack of buying in heavyweights, the headline index corrected further in the later part of the day, during the last session, and the Nifty ended the day above 16,050 with a loss of almost a per cent. Denting the market mood, the Indian rupee depreciated 15 paise to an all-time low of 79.60 against the US dollar.
Results Today
Mindtree, Tata Metaliks, Guj Hotels, Intl Travel, Jupiter Leasing, Premier Polyfil will be announcing their Q1 FY23 results today.
Stocks to Watch Today
Sterling and Wilson Renewable Energy
Sterling and Wilson Renewable Energy on Tuesday reported widening of its consolidated net loss to Rs 355.99 crore for the quarter ended June 30, mainly on account of increased input costs. The company had clocked a net loss of Rs 76.02 crore during the April-June period of 2021-22 financial year (FY), it said in a BSE filing.
HCL Technologies
HCL Technologies on Tuesday reported a 2.4 per cent year-on-year rise in consolidated net profit at Rs 3,283 crore in the June quarter compared with Rs 3,205 crore in the same quarter last year. Revenue for the quarter rose 16.92 per cent YoY to Rs 23,464 crore compared with Rs 20,068 crore in the same quarter last year.
Anand Rathi Wealth
Leading non-bank wealths solutions company Anand Rathi Wealth on Tuesday reported 33.6 per cent jump in profit after tax at Rs 39.7 crore for three months ended June 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 29.7 crore in the same quarter preceding fiscal, Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, said in a statement.
Delta Corp
The company posted profit at Rs 57.13 crore in Q1FY23, against a loss of Rs 28.93 crore in the same period last year.
CARE Ratings
The Board of Directors of CARE Ratings Ltd at its meeting scheduled to be held on July 20, 2022, will consider a proposal for the buyback of equity shares of the Company.
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