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

Public Health

REUTERS SHOWCASE

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Airtel Profit Jumps

Airtel Profit Jumps

Bharti Q2 net profit more than doubles   Full Article 

Leisure Riding

Leisure Riding

Harley-Davidson woos affluent young Indians with bike culture  Full Article 

Maruti Earnings

Maruti Earnings

Maruti Suzuki net profit up 29 percent, beats estimates.  Full Article 

ICICI Results

ICICI Results

ICICI Bank Q2 profit up 15 percent, beats estimates.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

End Of QE

End Of QE

U.S. Fed ends bond buying, exhibits confidence in U.S. recovery.  Full Article 

Cook Comes Out

Cook Comes Out

Apple's Cook: "I'm proud to be gay"  Full Article 

Refining Margins

Refining Margins

BPCL aims to double refining margins with refinery expansion.  Full Article 

Reuters India Mobile

Reuters India Mobile

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