D-Street Awaits Q2 Results of Coal India, BPCL, Paytm, Divi’s Labs & More Today
By Malvika Gurung
Investing.com -- The domestic market made a positive opening to the week on Monday, following strong Asian cues and gains across PSU banking, metal, financial and auto stocks amid Q2 earnings optimism, while oil prices tanked as China resorted back to its stringent zero-Covid policy amid a resurgence in fresh Covid-19 infections, curtailing hopes of an oil demand rebound in the world’s largest oil importer.
At the time of writing, benchmark indices Nifty50 advanced 0.15% while Sensex traded flat. Pharmaceutical and healthcare sectors exerted pressure on the market. Nifty Bank gianed 0.5%.
Amid such a sentiment on Dalal Street, a non-exhaustive list of companies announcing their Q2 earnings results on Monday includes:
- Coal India (NS: COAL )
- Bharat Petroleum (NS: BPCL )
- Divi's Laboratories (NS: DIVI )
- Paytm (NS: PAYT )
- PB Fintech (NS: PBFI )
- Aditya Birla Capital (NS: ADTB )
- CEAT (NS: CEAT )
- Tata Teleservices (NS: TTML )
- Affle India (NS: AFFL )
- KEC International (NS: KECL )
- Sundaram Finance (NS: SNFN )
The leading cement manufacturer India Cements (NS: ICMN ) has released its Q2 earnings result during the session, posting a loss of Rs 138 crore in the quarter, compared to a net profit of Rs 22 crore in the year-ago period, while its revenue climbed 5.5% YoY to Rs 1,255 crore in the quarter.
Read Also: Oil Loses Steam: Tumbles As Top Importer China Resorts to Rigid Covid Policy
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