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Follow on Google News | GIFT Nifty Indicates Positive Opening; Bharat Electronics and Colgate Palmolive to Report Q1 FY25By: MarketSmith india On the sectoral front, it was a mixed action. Nifty Pharma (+5.77%) and Media (+5.74%) advanced the most followed by Nifty Auto (+5.16%). On the other hand, financial-related indices declined the most. Key News: Results Today: Bharat Electronics, Colgate-Palmolive India, Balmer Lawrie Invs., Hindustan Ptl. (Nse), Indo Count Inds., Indian Bank, Jindal Saw (Nse), Pfizer (Nse), Vedant Fashions, Voltamp Transformers, and Strides Pharma Science, among others will report earnings. Bharat Heavy Electricals Ltd gets a letter of intent for a project worth Rs 10,000 crore from Damodar Valley Corporation. Power Grid Corp.Of India's Q1 FY25 results miss estimates. Revenue declined 1.7% y/y to Rs 10,068.1 crore. Profit declined 3.7% y/y to Rs 3,412.2 crore. EBITDA margins contracted 100bps y/y to 86.9%. Transport Corporation Of India's Q1 FY25 revenue grew 10% y/y to Rs 1,045 crore. Profit increased 10.6% y/y to Rs 91 crore. EBITDA margins contracted 70bps y/y to 9.9%. Kec International's Q1 FY25 revenue grew 6.3% y/y to Rs 4,511.9 crore. Profit increased 107% y/y to Rs 87.3 crore. EBITDA margins expanded 10bps y/y to 6%. Board approved raising funds of up to Rs 4,500 crore via QIPs or other methods. To continue reading, Subscribe here (https://marketsmithindia.com/ What do you think? Please email (mailto:marketsmithindia@ Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only. End
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