Tue, Jun 28, 2022 9:13 AM
ICICI Direct recommends buying EURINR at a target price of Rs 83.60
A Flip by Shubhra
Apple Inc.'s sales fell for the fifth time in the last six quarters but the stock surged in extended trading on hopes that the slump is easing and the company's announcement of a $110 billion share buyback, the largest in US history. The iPhone manufacturer reported a 4.3% drop in quarterly revenue to $90.8 billion, but the figure was marginally higher than the analyst expectation.
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JSW Infra shares were volatile on Friday as the company posted its earnings for the quarter ended March. JSW Infra’s net profit for the March quarter was at ₹330 crore, up around 10% from the ₹300 crore posted in the same quarter last year. Revenue from operations for the quarter was at ₹1,096 crore, up around 20% from the ₹915.30 crore posted in the year-ago period.
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Stockmarkets TEND to rise gradually; recently they have soared. American stocks are up by 21% since the end of October and stand roughly 5% above their vertiginous peak in January 2022. On February 22nd Europe’s equities set a new record for the first time in two years. India has been enjoying a multi-year boom as optimism about its economy abounds.
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