Tesla jumped by 14 percent in afterhours trade Tuesday as the electric vehicle maker's announcement that it was accelerating the launch of new EVs including affordable models overshadowed fiscal first-quarter results that fell short of estimates amid waning EV demand.
Visa shares climbed over 3% in after-hours trading Tuesday after the payment processor posted earnings and revenue that topped Wall Street expectations for the fiscal Q2 2024.
News Headlines from Business News Agencies:
Business Standard
RIL, JSW Neo, Amara Raja among 7 bidders for gigawatt battery production
General Motors beats quarterly results targets, raises annual forecast
Extreme weather conditions may pose risk to inflation, says RBI Bulletin
Spice Board of India tells Everest, MDH to give details of quality checks
Apple's Q1 smartphone shipments in China down by 19%, worst since 2020
Spotify Q1 results: Revenue increases by 14%, in line with estimates
Genpact launches artificial intelligence innovation centre in Gurugram
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Lenovo launches Intel Core Ultra 9 powered IdeaPad Pro 5i laptop in India
Air India enters into codeshare pact with Japan's All Nippon Airways
UK businesses expand at fastest pace in 11 months, shows PMI survey
Patel Engineering launches QIP issue with floor price of Rs 59.50 per share
Economic Times
Agri exports fall 9 pc to $43.7 bn during Apr-Feb 2024 due to global, domestic factors
Telecom industry sees growth in AGR led by Bharti Airtel and Reliance Jio
Office space leasing expected to reach 61 million sq ft in 2024
NCLT adjourns hearing in Byju’s rights issue case to June 6
UP RERA penalises homebuyer for repeatedly filing complaint with the authority
Spotify's monthly user numbers miss estimates on lower promotions
FPI portfolio AUM hits record amid rising exposure to capital goods and auto stocks
WhiteOak Mutual Fund files draft with Sebi for Special Opportunities Fund
Awfis Space Solutions receives SEBI nod for IPO launch
Expect capex for EV components to cross Rs 25,000 cr in next 3-4 years: ICRA
Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30
Mint
Cyient DLM Q4 results: Net profit rises to ₹22.7 cr, revenue at ₹362 crore
OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024
BharatPe launches payment device BharatPe One with integrated POS
Patanjali in court: SC pulls up company, warns FMCG firms against misleading ads
RBI sets premature redemption price for SGBs; investors to get ₹7,325 per unit
Paints Sector: Inflation and intensifying competition pose double threat
Tata Consumer Products Q4 Results: Net profit drops 22% to ₹267 crore
NSE to waive Transaction charges for F&O contracts on Nifty Next 50 Index
Nelco Q4 Result: Net profit rise to ₹6.1 cr, revenue at ₹81.6 crore
Rama Steel Tubes board approves raising funds up to ₹500 crore via share issue
Jaguar Land Rover (JLR) to recall 2,409 US vehicles as passenger airbag may tear
T.me/AlliesFin
Q4FY24 EARNING CALENDAR 24.04.2024
ANANTRAJ, AUBANK, AXISBANK, CHENNPETRO, DALBHARAT, DCBBANK, EQUITASBNK, HINDUNILVR, INDHOTEL, LODHA, LTIM, NAM-INDIA, OFSS, SPLPETRO, SYNGENE
AXIS BANK
* NII expected at Rs 12,777 crore versus Rs 11,742 crore
* EBIT expected to be seen at Rs 9161 crore versus Rs 9167 crore
* EBIT margin expected to be seen at 70.98% versus 55.1%
* Net profit expected to be seen at Rs 5286 crore versus of Rs 676 crore
HUL
* Revenue expected at Rs 12,112 crore versus Rs 15,215 crore
* EBITDA expected to be seen at Rs 3495 crore versus Rs 3574 crore
* EBITDA margin expected to be seen at 28.8% versus 23.5%
* Net profit expected to be seen at Rs 2468 crore versus of Rs 2520 crore
INDIAN HOTEL
* Revenue expected at Rs 1869 crore versus Rs 1625 crore
* EBITDA expected to be seen at Rs 660 crore versus Rs 535 crore
* EBITDA margin expected to be seen at 35.3% versus 32.9%
* Net profit expected to be seen at Rs 405 crore versus of Rs 328 crore
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
