Category: Uncategorized

Earnings growth to be in mid-teens and there is headroom for margin improvement

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 12, 2024.

Looking forward, the immediate resistance for Nifty is identified at the record high level of 21,834, with an additional resistance level at 22,000. On the downside, crucial support levels are recognized at 21,330 and 20,975.

Looking forward, the immediate resistance for Nifty is identified at the record high level of 21,834, with an additional resistance level at 22,000. On the downside, crucial support levels are recognized at 21,330 and 20,975.

Engineers India formed robust bullish candlestick pattern on the daily timeframe with significantly higher volumes. The rally of 10 percent was after 5-6 days of consolidation and now the stock traded above all key moving averages.

Consolidated revenue for the quarter came in at Rs 38,821 crore, up 1.3 percent YoY. Revenues for the quarter were marginally above analyst estimates of Rs 38,630 crore.

The Biden administration has deployed various programs to try to increase access to clean energy. But systems that could help lower bills are still out of reach for many low-income households.

The company ended the December quarter with 322,663 employees

On a sequential basis, the company’s bottomline declined by 1.7 percent, the Bengaluru-based company said in a regulatory filing on January 11.

Earlier, in the first and second quarters of FY24, the company had announced dividends of Rs 9 per share for each quarter. As of now, the total dividend declared for FY24 stands at Rs 45 per share