Q2 results on October 14
DSIJ Intelligence / 13 Oct 2016
IT biggie, Infosys to post its second quarter earnings along with Bajaj Corp, Crisil, DCB Bank and TV18 Broadcast on Friday.
IT biggie, Infosys to post its second quarter earnings along with Bajaj Corp, Crisil, DCB Bank and TV18 Broadcast on Friday.
Infosys- India’s second largest software company comes out with its second quarter numbers on early Friday before market hours. Earnings are widely expected to be on the lower side as previously indicated by the management. However, BFSI verticals and client addition along with management commentary will be keenly watched.
Bajaj Corp- Kushagra Bajaj-led Bajaj Corp, the leader in the light hair oil market with brands such as Bajaj Almond Drops are to post there Q2 numbers tomorrow. Volume led sales growth would be key along with performance of brands.
Crisil- S&Ps Indian rating arm is expected to post a decent set of quarterly numbers. Segments' performance analytics and rating business growth would be watched closely.
DCB Bank- Private sector mid-tier banks' NPA and provision numbers would be key to its growth. Other things like corporate loan uptake and retail loan growth would also be key.
Piccadily Agro Industries- Manufacturer of sugar and distillery products will be posting its Q2 numbers.
TV18 Broadcast- Mukesh Ambani owned media company is to post its quarterly earnings on Friday. Advertisement revenues would be key to company's results.
Shares of all the results affected stocks are likely to remain in focus when market opens for trading on Friday, October 14, 2016.
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