Hero MotoCorp up 3% on strong July sales
Uploading Date : 02-08-2017Hero MotoCorp was trading 3% higher at Rs 3,838 on BSE after the company reported a healthy 17% growth in total two-wheeler sales of 623,269 units in July. The world’s largest two-wheeler manufacture had sold 532,113 units in the corresponding month of the previous fiscal (July 2016)............
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JSW Steel quarterly profit falls 44%, but beats estimates
Uploading Date : 02-08-2017India's biggest steel producer, JSW Steel Ltd, said on Tuesday net profit fell 44% in the quarter ended June but outperformed analysts' estimates. Net profit for the Mumbai-based steelmaker's first quarter dropped to Rs 6.26 billion ($97.70 million), from 11.20 billion a year earlier...............
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Reliance Power Q1 net dips 32% owing to higher expenses
Uploading Date : 01-08-2017Anil Ambani-promoted Reliance Power reported a 32% year-on-year dip in its net profit for the June 2017 ended quarter owing to higher expenses. For the April-June 2017 period, the company reported a profit of Rs 230.85 crore, 32% lower than Rs 340.49 crore. In the same period, total income remained flat at Rs 2,753.32 crore, against Rs 2748.37 crore............
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Tech Mahindra gains 7% post Q1 results
Uploading Date : 01-08-2017Tech Mahindra has rallied 7% to Rs 414 on BSE in early morning trade after the company reported a better-than-expected 6.5% growth in its consolidated net profit of Rs 799 crore in June quarter (Q1FY18). Revenues grew 6% to Rs 7,337 crore, beating Street estimates.............
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NTPC Q1 net profit up 12%
Uploading Date : 31-07-2017Power utility major NTPC on Saturday reported a 12 per cent rise in its standalone net profit for the first quarter (Q1) of 2017-18. According to the company, its profit after tax for the quarter increased to Rs 2,618.17 crore from Rs 2,338.61 crore during the corresponding period in 2016-17............
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Larsen & Toubro nears 52-week high on good Q1 results
Uploading Date : 31-07-2017Larsen & Toubro (L&T) gained 4% to Rs 1,206 on BSE in early morning trade after the engineering giant reported a 46% year-on-year (Y-o-Y) jump in consolidated net profit at Rs 893 crore for the quarter ended June 2017 (Q1FY18). Consolidated revenues rose 10% to Rs 23,990 crore on Y-o-Y basis..............
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Biocon Q1 profit drops 51% to Rs 81 crore
Uploading Date : 28-07-2017Biocon Ltd, India’s largest biopharma firm, said its first quarter profits dropped 51 per cent to Rs 81 crore on account of lower sales of small molecules and branded formulations. Revenue dropped 4 per cent to Rs 988 crore in the quarter ended June, Biocon said..............
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YES Bank Q1 net up 32% at Rs 966 cr as gross bad loan ratio falls
Uploading Date : 27-07-2017YES Bank reported a 32 per cent rise in net profit to Rs 966 crore ($150 million) in the quarter ended June 30, 2017, compared to Rs 732 in the year-ago period helped by higher interest and fee income.........
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