berger paints: Hindalco, Berger Paints, Oberoi Realty and other stocks in news today – Times of India


New Delhi: Indian markets are anticipated to open within the inexperienced on Thursday. On Wednesday, Sensex and Nifty closed within the purple. Media, realty, and IT fell essentially the most whereas monetary companies and banks have been the highest gainers.
Wall Avenue closed greater Wednesday, boosted after minutes from the Federal Reserve’s newest financial coverage assembly confirmed policymakers unanimously felt the US financial system was very sturdy as they grappled with reining in inflation with out triggering a recession.
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Company outcomes as we speak: Hindalco Industries, Berger Paints (India), Motherson Sumi Techniques, Web page Industries, Muthoot Finance, Piramal Enterprises, Colgate-Palmolive (India), NMDC, Oberor Actuality, Cummins India, Union Financial institution of India and Zee Leisure will announce their quarterly outcomes as we speak.
Coromandel Worldwide: The board accredited the voluntary liquidation of Sabero Europe B.V., a wholly-owned subsidiary of the corporate within the Netherlands.
Grasim: The corporate goes to double its funding within the paint business by as much as Rs 10,000 crore.
Coal India: The state-owned coal miner posted a forty five.9 per cent rise in its consolidated web revenue at Rs 6,692.94 crore for the quarter ended March, 2022 on the again of upper income from operations.
Bharat Petroleum Company: The oil advertising and marketing agency reported a 82 per cent decline in web revenue within the quarter ended March 2022 because the agency held gasoline costs regardless of rise in price.
Infosys: The IT main has collaborated with world cybersecurity firm Palo Alto Networks to raise the safety maturity of enormous enterprises with mission-critical digital landscapes and to assist forestall the specter of cyberattacks.
Suzlon Vitality: The corporate’s web loss widened 261 p.c to Rs 204.3 crore for the March quarter impacted by greater tax expense.
Torrent Pharma declared a dividend of Rs 23 (460 p.c) per share of Rs 5 every together with a particular dividend of Rs 15 per share. The pharma main additionally introduced a bonus challenge of 1:1, that’s, one share for every absolutely paid up share held.
Energy Finance Company: State owned Power Finance Corporation has reported a ten p.c yr on yr enhance in consolidated revenue after tax to Rs 4,296 crore for the quarter ended March.
In main financial system information:
The deliberate price rationalization of the products and companies tax to spice up income of the Centre and states has been placed on maintain attributable to a spike in inflation.
India’s financial system is more likely to have grown 3.5-5.5 per cent within the fourth quarter of 2021-22 as greater commodity costs hit margins and the third Covid-19 wave disrupted the restoration, an Financial Occasions ballot of 11 economists showe


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