News

Jefferies has raised its price target on Asian Paints to ₹3,300 from ₹2,900 earlier. It stated that the domestic volume growth with market share gains were key highlights from the quarter, led by investments in brands, innovation, and regional activations. This is the second highest price target for Asian Paints on the street.

Also watch for earnings reactions from Man Infra, GNFC, Afcons Infra, KNR Constructions, Lloyds Metals, among other names. Watch this space for all the Live updates.

In key earnings reactions for the day, Tata Steel’s earnings beat was led by the India business, while Cochin Shipyard missed expectations.

Data Patterns’ margins saw a sharp fall due to higher costs and a low margin project during the quarter.

Stocks like Hero MotoCorp, Eicher Motors, Bharat Dynamics, Voltas, Page Industries, PG Electroplast, NBCC, LG Electronics India, NSDL, Apollo Tyres, Samvardhana Motherson, Paras Defence, Astra Micro, Man Industries, Marksans Pharma, MIDHANI, Sky Gold, Sonata Software, Talbros Automotive are some of the companies announcing their results today.

While Eicher Motors is the only Nifty name reporting results today, there are a whole host of broader market results.

More details in subsequent posts.

Good Morning!

Welcome to CNBC-TV18’s Live Coverage of the Q2 earnings season.

The penultimate day of the earnings season for the quarter could be the heaviest in terms of the quality of companies announcing their results.

Watch this space for all the live updates.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.