Ambuja Cement Q4 PAT may dip 4.1% YoY to Rs. 542.2 cr: Prabhudas Lilladher

Net Sales are expected to increase by 18.2 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 5,031.1 crore, according to Prabhudas Lilladher.

Moneycontrol 

Dow Jones Industrial Average Hits New High

The Dow Jones Industrial Average reached a new all-time high this week, driven by strong corporate earnings and economic data.

The New York Times 

Bajaj Auto Q4 results preview: PAT likely to grow 29% YoY, revenue growth seen at 24%

Bajaj Auto anticipates a 29% YoY jump in PAT to Rs 1,606 crore for Q4FY24, driven by higher sales volume, richer product mix, and commodity tailwinds. Revenue expected to grow by 24% YoY.

Economic Times 

Indian economy projected to grow 6.5% in 2024: UNCTAD

UN Trade and Development (UNCTAD) in its report released on Tuesday said that India grew by 6.7 per cent in 2023 and is expected to expand by 6.5 per cent in 2024, continuing to be the fastest-growing major economy in the world.

Moneycontrol 

Rekha Jhunjhunwala trims stake in 5 stocks, adds KM Sugar Mills to portfolio

As of the December 2023 quarter, Rekha Jhunjhunwala was holding shares in 26 firms, valued at $4.9 billion, according to Bloomberg

Moneycontrol 

Vodafone Idea raises Rs 5400 crore from nearly 60 anchor investors

The third-ranked telecom operator plans to raise Rs 18,000 crore through India’s largest follow-on public offering, which will open on Thursday, April 18.

Moneycontrol 

IT stocks slump as F&O bears mount bets on more downside fears, Infy results in focus

Indian IT stocks decline, affecting benchmarks. Concerns over US Fed rates and IT demand recovery persist. Infosys' guidance for FY25 awaited. Market cautious pre-results, with Nifty IT Index closing below 200 EMA.

Economic Times