MARKET EYE-Indian shares flat; HUL up ahead of earnings

Tue Jan 22, 2013 10:07am IST

Related Topics

Stocks

   

* The BSE index is up 0.07 percent and the NSE index
 gains 0.11 percent.
* Cairn India shares rise as much as 2.55 percent on
December quarter earnings. But they gave up most gains after a
Kotak report said management guides to a slower ramp-up in
production from the Rajasthan block to 200-215 kb/d by
end-FY2014 versus their earlier outlook of 210-240 kb/d by
end-CY2013. 
* Asian Paints rose 2.5 percent a day after the
company reported a 30 percent rise in Oct-Dec net profit. The
company also reported a 20 percent domestic sales growth and 43
basis points EBITDA margin expansion. 
* Hindustan Unilever shares up 1 percent ahead of
earnings. India's largest consumer goods maker is expected to
post a 16 percent rise in third-quarter net profit to 8.8
million rupees, according to StarMine analyst estimates.
 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Everest Tragedy

Everest Tragedy

Search ends for missing on Everest, some Sherpas call for shutdown.  Full Article 

Ukraine Crisis

Ukraine Crisis

Deadly gun attack in eastern Ukraine shakes fragile Geneva accord.  Full Article 

Hamilton Wins

Hamilton Wins

Lewis Hamilton wins Chinese GP in Mercedes one-two.  Full Article 

Monte Carlo Masters

Monte Carlo Masters

Wawrinka beats Federer to win Monte Carlo Masters.  Full Article 

Happy Easter

Happy Easter

Pope presides at Vatican Mass leading Catholics into Easter.  Full Article 

Box Office

Box Office

'Captain America' soars again, tops 'Rio 2' to win U.S. box office.  Full Article 

Bollywood

Bollywood

Movie Review: 2 States.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage