ICICI Bank at 2-year high ahead of Q1 results; mkt-cap crosses Rs 2-lakh cr
Uploading Date : 27-07-2017ICICI Bank hit two-year high of Rs 315, up 1.6% on BSE in early morning trade, ahead of the release of its April-June (Q1FY18) results today. The stock is currently trading at its highest level since March 13, 2015 and nearly 14% away from its all-time high of Rs 358 touched on January 28, 2015 in intra-day trade..............
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RIL up 4% on 1:1 bonus issue; Nifty ends above 9,900, but flat for the week
Uploading Date : 22-07-2017Benchmark indices ended higher after Reliance Industries rallied nearly 4% on the BSE. Earlier in the day, RIL chairman Mukesh Ambani, announced a 1:1 bonus issue at the company's 40th annual general meeting (AGM) in Mumbai. A day earlier, the company reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to 30 June on the back of higher petrochemical margins and one-time gain from sale of African asset...........
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Auto major eyes 26% market share in fy19: Bajaj Auto planning a portfolio revamp soon
Uploading Date : 22-07-2017Bajaj AutoBSE -0.13 % will revamp its seven-model portfolio over the next half year, as managing director Rajiv Bajaj charts an aggressive plan to bump up the company's share in the local motorcycle market beyond the quarter mark. The company will gun for a 26% share in the fiscal year starting April 2018, Bajaj said at its annual general meeting.........
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Bajaj Finserv Q1 net profit up 24% at Rs 1,016 crore
Uploading Date : 20-07-2017Bajaj Finserv on Wednesday reported a rise of 24.4 per cent in consolidated net profit at Rs 1,015.71 crore in the first quarter of the current fiscal. Company's net profit in the corresponding quarter of 2016-17 stood at Rs 816.30 crore.........
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Just Dial gains 5% on share buyback plan
Uploading Date : 20-07-2017Just Dial gained 5% to Rs 373 on BSE in early morning trade after the company said its board will meet on July 24, to consider share buyback proposal. Earlier, Just Dial announced that the board will meet to consider and approve the unaudited financial results of the company for the first quarter ended June 30, 2017 (Q1FY18)..........
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Sundaram Finance June qtr net up 30% to Rs 117 cr, revenue rises 11%
Uploading Date : 19-07-2017Non-banking finance company Sundaram Finance Ltd, has registered a 30 per cent growth in net profit at Rs 117.34 crore during the quarter ended June 30, 2017, as compared to Rs 90.17 crore during the same quarter of previous fiscal year. The total revenue grew to Rs 621.78 crore during the quarter as against Rs 561.59 crore during the same quarter of last year..............
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ITC tanks 15% intra-day as GST Council increases cess on cigarettes
Uploading Date : 18-07-2017ITC has slipped 15% to Rs 277, its sharpest intra-day fall in past one decade on BSE, after the Goods and Services Tax (GST) Council increases cess on cigarettes. The stock has fallen nearly 18% in past two trading sessions. Earlier, on October 27, 2008, the stock tanked 17% in intra-day trade.......
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Reliance Industries' shares fall on arbitration penalty
Uploading Date : 18-07-2017Shares of Reliance Industries declined in Tuesday's trade after the government ordered the company along with Shell and ONGC to pay a combined $3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil field dispute that went in favour of the government, according to people familiar with the matter..........
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