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 EXCLUSIVE

REUTERS SHOWCASE

iOS 8 Issue

iOS 8 Issue

iOS 8 causing Bluetooth connectivity issues - Apple news blog  Full Article 

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Full Coverage 

NYT Job Cut

NYT Job Cut

New York Times to cut jobs as new products disappoint  Full Article 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Monetary Policy

Monetary Policy

RBI not biased towards either raising or cutting rates - Rajan  Full Article 

Weak Demand

Weak Demand

Weak demand hits factory activity across Asia, Europe  Full Article 

Pimco Fund

Pimco Fund

Pimco Total Return Fund posts record $23.5 bln net outflow in Sept  Full Article 

Hopeful of Profit

Hopeful of Profit

GM sees first European profit in 2016 after years of losses  Full Article 

Reuters India Mobile

Reuters India Mobile

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