Cochin Shipyard surges 21% against issue price after a tepid debut
Uploading Date : 11-08-2017Cochin Shipyard moved to Rs 528 on the National Stock Exchange (NSE), a 22% premium against its issue price of Rs 432 offered to qualified institutional buyers (QIBs) and non-institutional investors (NIIs). The retail investors and employees were offered shares at a price of Rs 411, a discount of Rs 21 per equity share..............
See full article
Dhampur Sugar Q1 profit jumps two-fold to Rs 62.63 cr
Uploading Date : 09-08-2017Dhampur Sugar Mills Ltd today reported two-fold jump in its consolidated net profit at Rs 62.63 crore for the quarter ended June on higher sales. Its net profit stood at Rs 31.30 crore in the year-ago period, the Delhi-based company said in a regulatory filing...............
See full article
Tata Steel hits 6-year high post Q1 results
Uploading Date : 08-08-2017Tata Steel hit an over six-year high of Rs 625, up 4% on BSE in otherwise weak market after the company reported a consolidated net profit of Rs 921 crore in the April-June quarter (Q1FY18). The stock is trading at its highest level since April 27, 2011.The company had posted a huge loss of Rs 3,183 crore in the corresponding period last year.............
See full article
Sintex Plastics Technology hits upper circuit of 5% on debut
Uploading Date : 08-08-2017Sintex Plastics Technology is locked in upper circuit of 5% at Rs 136.50 on BSE. The stock opened at Rs 130, and has seen no sellers on the counter. Till 10:17 am; a combined 8.35 million shares changed hands and there were pending buy orders for 5.43 million shares on the BSE and NSE. Shares of Sintex Plastics are admitted to dealings on the exchange in the list of T group of securities..................
See full article
IOC Q1 net down 45% to Rs 4,549 cr, GRM more than halves to $4.32
Uploading Date : 04-08-2017Indian Oil Corporation (IOC) has posted a 45 per cent drop in net profit to Rs 4,548.51 crore for the April-June quarter of financial year 2017-18, as against Rs 8,268.98 crore during the corresponding quarter in FY17.............
See full article
Ceat tanks 8% as Q1 net profit dips nearly 100%
Uploading Date : 04-08-2017Shares of Ceat tanked 8% on the BSE after the tyre maker reported a 98.6% decline in its consolidated net profit at Rs 1.38 crore for the June quarter due to destocking by trade partners ahead of the GST rollout and higher expenses. The company had posted a net profit of Rs 103.26 crore during the corresponding period of the previous fiscal, Ceat said in a BSE filing.......................
See full article
PNB Q1 net up 12% at Rs 343 cr; NPAs rise on farm loan waiver
Uploading Date : 03-08-2017Punjab National Bank has registered 12 per cent rise in net profit at Rs 343 crore during the first quarter of 2017-18, but farm debt waiver in some states has hit its bad debts....................
See full article
Reliance Infra Q1 net dips 24% at Rs 334 cr
Uploading Date : 03-08-2017Anil Ambani-promoted Reliance Infrastructure reported a 24 per cent dip in its consolidated profit for the June 2017 ended quarter on account of higher expenses. The company also plans to launch its pending InvIT issue in the current quarter...................
See full article