The Ebitda margin, too, was lower than the expected 29.1 per cent.
It, however, lags other states on crucial parameters such as health care and rural poverty.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
With its Mitsubishi JV beginning operations this quarter, analysts expect meaningful revenue addition
Short-term gains are always unpredictable.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
The markets tend to react six to eight months in advance
Gripped by the pre-election frenzy, Indian markets seem to be factoring in the victory by the Narendra Modi-led BJP.
Compared to their Indian peers, MNCs have higher return ratios.
Analysts say aggressive pricing by Pizza Hut signals weakening demand in the fast food segment and could intensify competition.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.