Equities in other Asian markets cheered in the early session in line with global markets as strong US economic data solidified hopes of continuing recovery.
Read more about Valuations cap upside in Page Industries, near-term headwinds a concern on Business Standard. Return to double-digit trajectory and expansion are positives from the medium term perspective
GMM Pfaudler and Dilip Buildcon are among companies that will announce their March quarter results today.
Sun Pharma: The drug major reported an over two-fold jump in consolidated net profit to Rs 894.15 crore for the quarter ended March 2021, mainly on account of robust performance in the Indian market. The company had posted a net profit of Rs 399.84 crore in the corresponding period of the previous fiscal.
Eicher Motors: The automaker reported a 73 per cent jump in consolidated profit after tax at Rs 526.14 crore for the fourth quarter ended March 31, 2021, riding on better sales. The company had posted a consolidated profit after tax of Rs 304.28 crore in the fourth quarter of the previous fiscal.
Read more about Market Ahead Podcast, May 27: Top factors that could guide markets today on Business Standard. A total of 93 companies, including Eicher Motors, Sun Pharma, Cadila Healthcare, and Page Industries are set to release their quarterly earnings today