Food and beverages major Nestle India’s March quarter net profit rose 6.8 per cent to Rs 306.8 crore, from Rs 287.3 crore a year ago. Consolidated net sales grew 9.1 per cent to Rs 2,576 crore from Rs 2,361 crore in the year-ago period. Net sales was the highest of all quarters since September, 2014...........
See full articleGlenmark Pharmaceuticals stocks fell 16 per cent, its biggest single-day fall in eight years, on Friday after a weak March quarter result. The stock closed at Rs 759.35, shedding 145 points...........
See full articlePublic sector Vijaya Bank would be raising Rs 1,000 crore capital from the market, though it has adequate capital compared to other banks, a top bank official said today...........
See full articleAsian Paints on Thursday reported 10.14 per cent rise in consolidated net profit at Rs 479.61 crore for the quarter ended March 31, 2017 against Rs 435.47 crore in the corresponding quarter last year..........
See full articleBharti Airtel moved higher to Rs 361, bouncing back 7% from intra-day low on BSE, on the back of heavy volumes. The stock dipped 2.6% to Rs 337 in early morning trade after the telecom major reported a 72% fall in net profits at Rs 373 crore for the fourth quarter ended March 31, a second consecutive quarterly decline.........
See full articleHero MotoCorp Ltd on Wednesday reported a 14% fall in its March-quarter net profit as a cash crunch following the government's ban on high-value currency notes hurt sales volume.............
See full articleIndiGo, India’s largest carrier in terms of market share, fourth quarter profit fell by about 25% from Rs 583 crore during 2016 fiscal to Rs 440 crore during the 2017 fiscal primarily on the back of rising oil prices.......
See full articleShares of ABB India rallied 10.6% to Rs 1,550, also its 52-week high on BSE in early morning trade after the company said it has posted a significant year-on-year (y-o-y) increase in orders booked in the first quarter of 2017 (Q1), driven by government initiatives and investments.............
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