Results to watch out – PNB, Lupin, Britannia, RCom
The results expected today include PNB, Lupin, Britannia Industries, Reliance Communications, MRPL.
Here is the street expectation for the companies:
Lupin consensus estimates for Q4FY18E:
- Revenue – Rs3,945cr, down by 5.2%, due to the higher competition in the Fortamet and Glumetza, Japan and Row markets performance to improve
- EBITDA – Rs736cr, down by 5.8%, due to the ongoing pricing pressure and higher competition in the US market
- Net profit after tax – Rs338cr, down by 11.5%
Punjab National Bank is currently trading at Rs90.40, up by Rs1 or 1.12% from its previous closing of Rs89.40 on the BSE.
Britannia Industries Ltd is currently trading at Rs5,472.70, up by Rs13.5 or 0.25% from its previous closing of Rs5,459.20 on the BSE.
Reliance Communications Ltd is currently trading at Rs13.25, down by Rs0.25 or 1.85% from its previous closing of Rs13.50 on the BSE.