Tag: expectations

Somnath Mukherjee emphasizes caution in the India market, focusing on growth aspects over undervaluation. Elevated valuations and geopolitical risks warrant careful monitoring. Investor maturity shown through doubling MF folios. Rupee depreciation affects Indian corporate balance sheets. Mukherjee says higher imported commodity prices could magnify via Fx and blunt margin expansion.

PARIS (Reuters) -Shares in L\’Oreal rose more than 4% in early Friday trading after the French cosmetics giant beat expectations with a strong rise in first quarter sales on Thursday evening, allaying concerns about a slowdown in the United States.

Sandip Sabharwal advises caution in volatile markets due to Middle East tensions and evolving global trends. Market dips should be carefully assessed for investment opportunities. \”The first level where I would like to start buying more aggressively will be more near 21,000 of the Nifty and if by chance it falls further to between 20,000 and 20,500, then I would like to be fully deployed at that stage.\”

Investing.com– Taiwan Semiconductor Manufacturing Corp (TW:2330) (NYSE:TSM), or TSMC, clocked a stronger-than-expected first-quarter profit on Wednesday as the world’s largest contract chipmaker benefited from increased demand in the rapidly-growing artificial intelligence industry.

Shares of Bank of America (BAC) reported earnings and revenue results for the fiscal Q1 2024 earnings that exceeded Wall Street estimates.

Inspired Entertainment, Inc. (INSE), a global gaming technology company, reported a fourth-quarter EBITDA of $26.5 million, aligning with market consensus and showing a slight improvement over the previous year. The company\’s full-year EBITDA for its digital business grew by 12% to $63.1 million, driven by new content and market share expansion in the interactive segment.