Wed, Jan 20, 2021 7:30 PM
Phillips Carbon Black Q3 PAT increases 78.9% yoy at Rs125.6cr
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U.S. stock index futures were little changed on Tuesday as investors waited for producer prices data for cues on inflation in the world's largest economy and ahead of Federal Reserve Chair Jerome Powell speech later in the day.Producer price index (PPI) for final demand is expected to have edged up 0.3% last month, according to economists polled by Reuters.
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Disney's (NYSE: DIS) earnings reports are sometimes more dramatic than its blockbuster films, and the fiscal second-quarter (ended March 30) results, reported last week, were another mixed bag. That heightens the dilemma: buy, sell, or hold Disney stock? As always when considering the big question, it's most important to focus on the long-term story and skip the short-term antics.
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ICICI Securitie's research report on VoltasVoltas’ revenue grew 42.1% while EBITDA/PAT declined 12.6%/19.3% YoY. EBITDA margin declined to 4.5% (-284bps YoY) due to higher commodity costs and other expenses. Higher brand-building and distribution spends have likely led to an increase in other expenditure as a percentage of net sales, in our view.
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