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Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning

Business Standard LogoBusiness Standard4h ago

Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning - Business Standard

Quick Summary:

The upward trend was reportedly driven by early indications showing Republican candidate and former President Donald Trump leading in the race for the US presidency, as markets weigh potential impacts of his leadership on global trade and financial markets.

The profit decline was attributed to one-off costs, including adjustments related to DRL’s acquisition of the Nicotine Replacement Therapy (NRT) portfolio from Haleon plc, tax provisions, and the impact of transferring minority interests from the Nestlé joint venture.

Anticipation over the ongoing US presidential election results, with early counting trends influencing global markets, played a role in the rally.  On Wednesday, the markets opened positively with BSE Sensex up by 283 points or 0.36 per cent at 79,759, while Nifty 50 gained 57 points or 0.24 per cent to reach 24,271.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 10:32:29 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23441798

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning" was covered 4 hours ago by Business Standard, a news publisher based in India.

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