Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%

CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion

Illustration by Binay Sinha

8:36 AM

Result today :: From PAT to margin guidance, here're the key things to track from HCL Tech's Q4 nos

After TCS and Infosys, large-cap IT major HCL Technologies is set to announce its March quarter (Q4FY22) results on Thursday, April 21. Analysts expect the company to post weak-to-modest sequential revenue growth of 0.5-2.9 per cent in constant currency (cc), due to dull performance of the products and platform business (P&P).

On a yearly basis, the firm's revenue is expected to have grown by 14-16 per cent while net profit may have risen 37-40 per cent in Q4. READ MORE

8:32 AM

Result today :: Input cost rise, Sri Lanka crisis could hit Nestle's Q1 profit, say analysts

Analysts expect FMCG giant Nestle India to report muted profits for March quarter due to subdued domestic demand and commodity cost inflation. The company had posted a 1 per cent year-on-year (YoY) decline in its profit at Rs 587 crore in the December quarter. READ MORE

8:27 AM

Price Band Revision

>> Trading Members of the Exchange are hereby informed that the price band has/have been revised from their existing levels in the below mentioned scrip/s with effect from Apr 21, 2022.

8:26 AM

Top stocks to track today

Earnings: Crisil, Cyient, HCL Technologies, ICICI Lombard General Insurance, and Nestle India are among the 18 companies slated to report their March quarter earnings on Thursday.

Tata Elxsi: Technology services firm Tata Elxsi on Wednesday posted a 38.9 per cent rise in net profit at Rs 160 crore for Q4FY22. The income from operations grew by 31.5 per cent to Rs 681.73 crore. The company's board recommended a final dividend of Rs 42.50 per equity share of par value of Rs 10 each for the financial year ending March 31, 2022. READ MORE