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Indian stock indices closed higher on Thursday on positive global cues, supported by upbeat corporate earnings. The benchmark Sensex was up 1.22% to 52,837.21, while the broader Nifty 50 index rose 1.23% to 15,824.05.
Among sectoral indices, Nifty Metal jumped 2.99%, while IT and Realty advanced 1.80% and 1.75% respectively.
The rupee gained 16 paise to Rs 74.47 against the U.S. dollar on Thursday.
Zomato: The online food delivery company has advanced its listing date to July 23, from July 27. The company witnessed a high subscription of 38.25 times during the three-day initial public offering which closed on July 16.
Companies which reported today
Hindustan Unilever: The FMCG major posted a 13% rise in sales at Rs 11,730 crore for the Apr-Jun quarter of FY22 on a year-on-year basis. Its net income increased 10% to Rs 2061 crore in the quarter, from Rs 1881 crorein the year-ago period. The company’s beauty and personal care segment grew 13% and contributed maximum to its topline.
Bajaj Auto: The maker of Pulsar bikes posted a 100% increase in its net income to Rs 1061 crore in Q1 of FY22, from Rs 528 crore in the corresponding period of FY21. The company’s sales from operations grew 139.88% to Rs 7386 crore in the quarter, from Rs 3079 crore in the same quarter last year.
UltraTech Cement: The company posted a strong standalone net profit of Rs 1681 crore for the quarter ended June of FY22, 108.56% higher than its net profit in Q1 of FY21. The net sales rose to Rs 11,327 crore in the quarter, from Rs 7290 crore in Q1 of last year. The company gave an optimistic outlook given the government’s continued thrust on infrastructure activities but remained cautious over possible third wave of the pandemic.