Posts

Showing posts from April, 2019

Sensex, Nifty to remain shut today on account of Maharashtra Day

Image
The Indian stock market will remain shut on Tuesday, May 1 on account of a public holiday. The BSE, NSE will remain closed for "Maharashtra Day". There will be no trading in Indian bonds and currency markets on May 1 on account of Maharashtra Day, is celebrated in Maharashtra. On Tuesday, indices ended on a flat note amid high intra-day volatility. The broader markets underperformed the benchmark with BSE Midcap and Smallcap ending lower by 1.2% & 1.3% respectively. On the sectoral front, IT, consumer durables, metals & oil & gas ended higher, while realty, power, banks & auto witnessed selling pressure. Further, the auto sales numbers for the month of April and the outcome of the FOMC meeting will be in focus. Shares of Wadia group such as Bombay Dyeing, Bombay Burmah, Britannia slipped 2-9% on Tuesday’s trade as the Wadia Group heir Ness Wadia was sentenced to 2-years jail in Japan due to possession of drugs. https://www.capitalaim.com/tr...

Yes Bank, Hero MotoCorp to react to Q4 results

Image
Yes Bank reported net loss of Rs 1,506.64 crore in Q4 March 2019 as compared with net profit of Rs 1,179.44 crore in Q4 March 2018. Total income rose 17.09% to Rs 8,388.23 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours on Friday, 26 April 2019. Domestic stock markets were closed on Monday, 29 April 2019, on account of General Elections (Lok Sabha). Hero MotoCorps net profit fell 24.51% to Rs 730.32 crore on 7.8% fall in total income to Rs 8,049.18 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours on Friday, 26 April 2019. Ambuja Cements, Kotak Mahindra Bank and TVS Motor Company will announce January-March 2019 quarterly earnings today, 30 April 2019. Cipla and its subsidiary Cipla USA, Inc., announced receipt of final approval for the Abbreviated New Drug Application (ANDA) for Ambrisentan Tablets 5mg & 10mg from the United States Food and Drug Administration (US FDA). The announcement was made before ...

Bank of Maharashtra reports standalone net profit of Rs 72.38

Image
Net profit of Bank of Maharashtra reported to Rs 72.38 crore in the quarter ended March 2019 as against net loss of Rs 113.51 crore during the previous quarter ended March 2018. Total Operating Income rose 3.08% to Rs 2775.20 crore in the quarter ended March 2019 as against Rs 2692.40 crore during the previous quarter ended March 2018. For the full year,net loss reported to Rs 4783.88 crore in the year ended March 2019 as against net loss of Rs 1145.65 crore during the previous year ended March 2018. Total Operating Income declined 2.22% to Rs 10849.60 crore in the year ended March 2019 as against Rs 11096.42 crore during the previous year ended March 2018. https://www.capitalaim.com/trading/stock-tips

Bhansali Engineering Polymers Ltd posts lower Q4 PAT of Rs. 2.89 crore

Image
BHANSALI ENGINEERING POLYMERS LTD . has reported financial results for the period ended March 31, 2019. Financial Results (Q4 FY18-19) - QoQ Comparison The company has reported net sales of Rs.355.36 crores during the period ended March 31, 2019 as compared to Rs.324 crores during the period ended December 31, 2018. The company has posted net profit of Rs.2.89 crores for the period ended March 31, 2019 as against Rs.9.97 crores for the period ended December 31, 2018. The company has reported EPS of Rs.0.17 for the period ended March 31, 2019 as compared to Rs.0.60 for the period ended December 31, 2018.   https://www.capitalaim.com/trading/stock-tips  

L&T Finance Holdings Ltd board recommends dividend of Rs. 1

Image
L&T Finance Holdings Ltd  The board of directors of L&T Finance Holdings Ltd at its meeting held on April 28, 2019 has recommended a dividend of Re. 1 per Equity Share (FV Rs.10 each). The dividend, if approved by the Members at the ensuing Annual General Meeting ("AGM") will be credited / dispatched within 30 days from the date of AGM. Shares of L&T FINANCE HOLDINGS LTD. was last trading in BSE at Rs.137.85 as compared to the previous close of Rs. 137.2. The total number of shares traded during the day was 282924 in over 1605 trades. The stock hit an intraday high of Rs. 138.85 and intraday low of 136.4. The net turnover during the day was Rs. 38952327. https://www.capitalaim.com/trading/stock-tips

Morepen Laboratories Ltd board to consider Q4, FY 19 results on May 4, 2019

Image
A meeting of the Board of Directors of Morepen Laboratories Ltd is scheduled on 04/05/2019, to consider and approve the Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2019. Shares of MOREPEN LABORATORIES LTD. was last trading in BSE at Rs.17 as compared to the previous close of Rs. 17.15. The total number of shares traded during the day was 16593 in over 61 trades. The stock hit an intraday high of Rs. 17.25 and intraday low of 16.85. The net turnover during the day was Rs. 283018. https://www.capitalaim.com/trading/stock-tips

Ultramarine & Pigments Ltd board to consider dividend

Image
A meeting of the Board of Directors of Ultramarine & Pigments Ltd., will be held on Wednesday, the 15th day of May, 2019 to consider the audited financial results and recommendation of dividend, if any, for the financial year ended 31st March, 2019. Shares of ULTRAMARINE & PIGMENTS LTD. was last trading in BSE at Rs.244.1 as compared to the previous close of Rs. 244.35. The total number of shares traded during the day was 2224 in over 68 trades. The stock hit an intraday high of Rs. 247.9 and intraday low of 243. The net turnover during the day was Rs. 543429.   https://www.capitalaim.com/trading/stock-tips  

Aditya Birla Capital Ltd board to approve fund raising, FY19 results on May 4, 2019

Image
A meeting of the Board of Directors of Aditya Birla Capital Ltd is scheduled on 04/05/2019, to consider and approve Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended 31st March, 2019 and fund raising. Shares of Aditya Birla Capital Ltd was last trading in BSE at Rs.99 as compared to the previous close of Rs. 98.1. The total number of shares traded during the day was 111965 in over 776 trades. The stock hit an intraday high of Rs. 99.3 and intraday low of 97.9. The net turnover during the day was Rs. 11068736. https://www.capitalaim.com/trading/stock-tips

Sensex, Nifty end lower; HDFC Bank, Maruti Suzuki drag

Image
 Indian shares ended lower for a third straight session on Tuesday, erasing gains in morning trade, hurt by declining financial shares such as HDFC Bank and automobile stocks such as Maruti Suzuki India. The broader Nifty closed 0.16 percent lower at 11,575.95, while the benchmark Sensex ended down 0.21 percent at 38,564.88. Trading volumes stood at 272.5 million on the Nifty, compared with the 30-day average volume of 341.4 million, as market participants remained cautious amid ongoing general election and corporate earnings season. HDFC Bank closed 1 percent lower, while Maruti Suzuki ended 3.7 percent lower. https://www.capitalaim.com/trading/stock-tips

Market Live: Nifty opens above 11,600, Sensex trades higher; ACC falls 3%

Image
Market Live Nifty opens Market opens: Benchmark indices opened higher on Wednesday with Nifty trading above 11,600 level. At 09:17 hrs IST, the Sensex is up 131.49 points at 38696.37, while Nifty is up 36.20 points at 11612.20. About 470 shares have advanced, 179 shares declined, and 20 shares are unchanged. Coromandel International, IOC, HPCL, BPCL, Indiabulls Housing, IndusInd Bank, Gail Zee Ent, HDFC, JSW Steel, RIL, Eicher Motors are among major gainers on the indices, while UltraTech Cement, ACC, ITC, Sun Pharma and Tata Global Beverage are trading lower . On the sectoral front, bank, auto, energy, infra and IT are trading higher. https://www.capitalaim.com/trading/stock-tips

Cipla appoints Dr. Raju Mistry as Global Chief People Officer

Image
 (BSE: 500087; NSE: CIPLA EQ; and hereafter referred to as "Cipla") announces the appointment of Dr. Raju Mistry as President and Global Chief People Officer (GCPO) of Cipla. Raju is an accomplished and veteran Human Resources (HR) leader with over 27 years of global experience across diverse sectors such as Chemicals, Pharma, FMCG, IT, Engineering and Textiles. Prior to joining Cipla, Raju was Chief Human Resources Officer (CHRO) at Jubilant Life Sciences Ltd. For 13 years before that, Raju led the talent, employer brand and leadership programmes of the Aditya Birla Group, and was CHRO of Grasim's Pulp and Fibre business. She has previously worked with Tata Sons, Colgate Palmolive, Siemens, and Mastech Corporation, Canada. In her role at Cipla, Raju will oversee Human Resources, and Administration and Facilities Management. She will be a member of the Management Council of Cipla, and will report to Umang Vohra, Managing Director & Global Chief Execut...

Mahindra Lifespaces residential sales grow by 67%

Image
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 31st March 2019. FINANCIAL PERFORMANCE With effect from 1st April 2018, the Company has adopted IND AS 115 and opted for modified retrospective method pertaining to recognition of revenue based on satisfaction of performance obligation (at a point in time). The financials of the prior reporting periods have not been restated. Hence, financials of FY19 are not comparable with previous reporting periods. For Annual FY 2019: - The consolidated total income stood at Rs. 654 crores against Rs. 644 crores in FY18. - The EBITDA* stood at Rs. 160 crores against Rs. 180 crores in FY18, share of profit from associates has been Rs. 73 crores against Rs. 45 crores in FY18. - The consolidated PAT, post minority interest, stood at Rs. 120 crores against Rs. 101 crores in FY18. https://www.ca...

Sensex Trades Lower; Reliance Industries & Yes Bank Top Losers

Image
Sensex Trades Lower Share markets in India are presently trading on a negative note. Barring IT sector, all sectoral indices are trading in red with realty stocks, banking stocks and energy stocks witnessing maximum selling pressure. The BSE Sensex is trading down by 276 points (down 0.7%), while the NSE Nifty is trading down by 93 points (down 0.8%). The BSE Mid Cap index is trading down by 0.9% and the BSE Small Cap index is trading down by 0.8%. The rupee is trading at Rs 69.71 against the US$. Market participants are tracking Swaraj Engines share price, Mahindra Lifespace share price, and Goa Carbon share price as these companies are set to announce their Q4FY19 results later today. You can also read our recently released Q4FY19 results: Reliance Industries, Tata Sponge, DCB Bank. In the news from the aviation space, shares of Jet Airways continued their downtrend by slipping around 19% in early trade today. The free fall began last Friday after the company announced temporary ...

HDFC Bank announces Q4, FY2018-19 results

Image
The Board of Directors of HDFC Bank Limited approved the Bank's (Indian GAAP) results for the quarter and full year ended March 31, 2019, at their meeting held in Mumbai on Saturday, April 20, 2019. The accounts have been subjected to an audit by the statutory auditors of the Bank   https://www.capitalaim.com/trading/stock-tips  

Adani Defence Systems and Technologies Ltd

Image
Adani Defence Systems and Technologies Ltd  a wholly owned subsidiary of Adani Enterprises Ltd has acquired the control of Alpha Design Technologies Private Limited. Alpha Design Technologies Private Limited provides Adani Defence and Aerospace a strong Tier - I capability for building a base for graduating to platform capabilities. Alpha Design Technologies Private Limited established in 2003 for the design, development and manufacture of defence electronics and avionics. Key Business Areas - Defence Electronics, Avionics, Aero-structure Assemblies, Space and Satellite Systems, Simulators etc. Key Customers - Global OEM's, DPSU's and Research Establishment [DRDO etc.] Indian Armed Forces, ISRO etc. Alpha Design Technologies Private Limited had consolidated turnover of Rs. 218 crore in 2017-18. Shares of ADANI ENTERPRISES LTD. was last trading in BSE at Rs.138.5 as compared to the previous close of Rs. 143.4. The total number of shares traded during the day was 415961 in o...

Nifty Energy outperforms led by RIL

Image
Nifty Energy outperforms led by RIL Benchmark indices continues to trade in the negative territory with Nifty50 down 17 points, trading at 11,770, while the Sensex shed 76 points and is trading at 39,199. Nifty Realty continues to drag, down close to 3 percent led by Oberoi Realty, Prestige Estates, Indiabulls Real Estate, Godrej Properties, DLF and Sobha. Nifty Energy is up 1 percent led by gains from Reliance Industries which jumped 3 percent ahead of its Q4 numbers followed by BPCL, HPCL and Indian Oil Corporation. Infra stocks are trading on a weak note with loses from Bharti Infratel, CG Power, Engineers India, GMR Infra, IRB Infra, NBCC, Larsen & Toubro, Reliance Power, Reliance Infra, Reliance Communications and Voltas among others.   https://www.capitalaim.com/trading/stock-tips  

Market Live: Nifty, Nifty Bank hit fresh record highs

Image
  Nifty Bank hit fresh record highs Market Opens: It is strong start for the Indices on Thursday with Nifty above 11,800 level. At 09:19 hrs IST, the Sensex is up 106.15 points or 0.27% at 39381.79, and the Nifty up 25.80 points or 0.22% at 11813.00. About 529 shares have advanced, 384 shares declined, and 62 shares are unchanged RIL, Wipro, Tech Mahindra, ICICI Bank, SpiceJet, Interglobe Aviation, HDFC, HDFC Bank, are the major gainers in the indices, while losers are Jet Airways, Infosys, TCS and Hindalco. Among the sectors, auto, energy and bank are trading higher, while selling seen in the metal, IT and infra. https://www.capitalaim.com/trading/stock-tips

Granules Pharmaceuticals received US WA approval

Image
Granules India Ltd , today announced that, the US FDA has approved its Abbreviated New Drug Application (ANDA) for Acetaminophen 650 mg Tablets, Extended Release, bioequivalent to the reference listed drug product (RiD), Tylenol 650mg tablets, Extended Release. The ANDA was filed by Granules Pharmaceuticals Inc, a wholly owned subsidiary of Granules India Limited. Acetaminophen 650 mg extended release tablets are used primarily for temporary pain management including arthritis relief. "The addition of Acetaminophen 650mg, extended release tablets to our OTC portfolio leverages several components of our value proposition. Granules' is the only supplier that is backward integrated up to the API on this product. Our vertically integrated approach will enable us to provide a high quality, cost-efficient product that benefit consumers. With a capacity of over 24,000 mt/year of Acetaminophen AM and finished dosage capacity of more than 18 billion units/year, we are confident tha...

ABB India Limited board to consider Q1 2019 results

Image
  ABB India Limited Q1 2019 results A meeting of the Board of Directors of ABB India Limited is scheduled on 07/05/2019, to consider and approve Q1 2019 unaudited results. Shares of ABB India Limited was last trading in BSE at Rs.1406.2 as compared to the previous close of Rs. 1421.4. The total number of shares traded during the day was 3335 in over 270 trades. The stock hit an intraday high of Rs. 1435 and intraday low of 1406.2. The net turnover during the day was Rs. 4732686 https://www.capitalaim.com/trading/stock-tips

Muthoot Capital finance result 2019

Image
A meeting of the Board of Directors of Muthoot Capital Services Limited will be held on Wednesday, April 24, 2019, at 12.00 noon at Novotel Hotel, Near Infopark Kannadivalavu, Kakkanad - Edachira Road, Kakkanad, Kochi - 682 030, Kerala, to consider and take on record the financial statements for the quarter and year ended March 31, 2019. Shares of MUTHOOT CAPITAL SERVICES LTD. was last trading in BSE at Rs.845 as compared to the previous close of Rs. 888.55. The total number of shares traded during the day was 76779 in over 186 trades. The stock hit an intraday high of Rs. 882 and intraday low of 841.6. The net turnover during the day was Rs. 66324559. https://www.capitalaim.com/trading/stock-tips

Mastek gains 2% on allotting 8,705 equity shares under ESOP

Image
Shares of Mastek gained 2% in intraday trade on Tuesday after the company allotted 8,705 equity shares of Rs5/- each (Face Value) to the eligible Employees who had exercised their vested options under the Company's Employee Stock Option Schemes (ESOP). Accordingly, the paid up share capital of the Company stands increased to 23,981,508 Equity Shares amounting in to Rs119,907,540. Further, the company released its earnings for Q4FY19, which showed, profit rose 3.3% qoq at Rs27.4cr vs. Rs2,652cr in the previous quarter. Revenue of the company for the final quarter of FY19 rose 0.8% qoq at Rs267.1cr. EBIDTA of the company stood at Rs35.3cr in Q4FY19 vs. Rs34cr in the previous quarter, 0.3% up. Margins of the company stood at 13.2% vs. 12.8% in the previous quarter. Mastek Ltd's share price is currently trading at Rs463.50, down by Rs0 or 0%, from its previous close of Rs463.50 on the BSE. The scrip opened at Rs466.15 and has touched a high and low of Rs482 and Rs461.30, r...

IndusInd Bank allots notes aggregating $400 mn

Image
The Finance Committee of the Board of IndusInd Bank has, at its meeting held today, April 15, 2019, approved the allotment of the Notes that were launched and priced on April 8, 2019 carrying a fixed coupon of 3.875% per annum, payable on a semi-annual basis, for a tenor of three years, having maturity date of April 15, 2022, through its IBU, having an issue size of USD 400 million, under the Medium Term Note Programme of the Bank. The Notes arc listed on India International Exchange (IFSC) Limited and Singapore Exchange Securities Trading Limited. Shares of INDUSIND BANK LTD. was last trading in BSE at Rs.1746.65 as compared to the previous close of Rs. 1738.65. The total number of shares traded during the day was 46573 in over 1511 trades. The stock hit an intraday high of Rs. 1764.75 and intraday low of 1735.15. The net turnover during the day was Rs. 81703716. https://www.capitalaim.com/trading/stock-tips

Sensex Trades in Green, Inflation in Focus, and Top Stocks in Action

Image
On Monday, the Indian share markets settled in the positive territory helped by buying in bluechips such as Tata Motors, TCS, and Coal India rose. The BSE Sensex rose 139 points to settle at 38,906. Tata Motors emerged as the top gainer on the index with over 7% gains while Infosys ended as the biggest loser. The Nifty50 index settled at 11,690, up 47 points. Among BSE sectoral indices, metal stocks rose the most by 2.2%, followed by realty stocks at 1.6%. Tata Motors and TCS were among the top gainers. Top Stocks in Action Today Infosys and TCS share prices will likely be in focus today after the IT majors reported their quarterly earnings. IT behemoths Tata Consultancy Services (TCS) and Infosys reported strong growth for the March quarter, clocking 2.4% and 2.1% sequential rises, respectively, in constant-currency revenue. The performance underscores strong execution and strong order inflows. Infosys signed large deals of US$1.6 billion, taking the cumulative size of deals won t...

GTPL Hathway Ltd board recommends dividend of Rs. 1 for 2018-19

Image
The Board of Directors of GTPL Hathway Ltd at its meeting held today recommended a dividend of Re. 1/- (Rupee One only) per equity share of Rs. 10/- each fully paid-up for the financial year ended March 31, 2019. Shares of GTPL Hathway Ltd was last trading in BSE at Rs.68 as compared to the previous close of Rs. 69. The total number of shares traded during the day was 4598 in over 42 trades. The stock hit an intraday high of Rs. 71 and intraday low of 67.2. The net turnover during the day was Rs. 316558.   https://www.capitalaim.com/trading/stock-tips

Sensex Trades in Green, Bank Stocks in Focus, and Top Stocks in Action

Image
On Friday, the Indian share markets settled in the positive territory helped by buying in bluechips such as ITC, Maruti, ICICI Bank and Infosys. The BSE Sensex recovered 212 points from day's low to settle at 38,767, up 160 points. ITC emerged as the top gainer on the index with over 3% gains while Tata Motors ended as the biggest loser. The Nifty50 index settled at 11,643, up 47 points. On a weekly basis, both, Nifty and Sensex lost 0.2%. Among BSE sectoral indices, realty stocks fell the most by 2.3%, followed by energy stocks at 1.7%. Yes Bank and Bajaj Finance were among the top losers. https://www.capitalaim.com/trading/stock-tips

Sensex recovers 212 pts from day's low, Nifty ends at 11,643

Image
Buying in select bluechip counters such as ITC, Maruti, ICICI Bank and Infosys helped benchmark indices to settle in the positive territory on Friday. The S&P BSE Sensex recovered 212 points from day's low to settle at 38,767, up 160 points or 0.41 per cent. FMCG major ITC emerged as the top gainer on the index with over 3 per cent gains while Tata Motors (down over 1 per cent) ened as the biggest loser. The broader Nifty50 index of the National Stock Exchange (NSE) settled at 11,643.45, up 47 points or 0.40 per cent, with 27 constituents advancing and 23 declining. On a weekly basis, Sensex lost 0.24 per cent while Nifty settled with 0.19 per cent decline. In the broader market, the S&P BSE MidCap index gained 44 points or 0.29 per cent to end at 15,426 while the S&P BSE SmallCap index added 56 points or 0.37 per cent to end at 15,022. Sectorally, all the indices ended in the green with media stocks gaining the most, followed by FMCG and auto. The Nifty ...

Cipla launches Niveoli™, India's first extrafine ICS-LABA combination HFA inhaler

Image
Cipla Limited (BSE: 500087; NSE: CIPLA EQ; and hereafter referred to as "Cipla") announces that it has launched Niveoli™, India's first extra-fine particle beclomethasone-formoterol combination hydrofluoroalkane (HFA) inhaler for adults, targeting drug delivery to the small airways. Niveoli™ is a proprietary Cipla inhaler, and the latest offering from Cipla in respiratory inhalation therapy that addresses an unmet need associated with obstructive airway diseases (OAD) such as asthma and chronic obstructive pulmonary disorder (COPD). Asthma and COPD are lung conditions that affect the ability to breathe. Extensive research and an evolved understanding of the diseases over the years has shown the significant role of small airway disease in asthma and COPD. A recent meta-analysis showed that small airway disease is prevalent in 50-60% of asthma patients1. Another study has indicated that routine lung function tests can underestimate problems in the small airways2. Small ai...

SGX Nifty indicates lower opening for Indian markets

Image
sgx trading at 11656, down 26 points. For today, we expect another quiet start with action slated to pick up in the second half as earnings from bell weather IT companies kicks in. On Thursday, Nifty saw a weak, however, the last hour buying by foreign investors saw the index close in the green. Sentiments turned weak after some mutual funds deferred interest payments on monthly income plans, which saw equities lose ground. FMCG, auto, and select midcaps led the winners, while metals, banks, and realty were the losers. Global Market: Asian markets opened in the green with the Japanese Nikkei trading higher by 50 points. Yesterday we saw a serious profit booking in most Asian indices. The positive outcome of the trade & tariff talks could see further upside to the Chinese market. Expect a positive day today as China macro data due on exports could see upside in most export related stocks   https://www.capitalaim.com/stock.php  

Indiabulls Housing Finance Ltd board to approve Q4, FY19 results, dividend on April 24, 2019

Image
A meeting of the Board of Directors of Indiabulls Housing Finance Ltd is scheduled on 24/04/2019, to consider and approve the audited financial results of the Company for the quarter and financial year ended March 31, 2019 and declaration of interim dividend, if any, on the equity shares of the Company, for the financial year 2019-20. The board will also consider fund raising by way of issue of secured and/or unsecured bonds, in one or more tranches. The Trading Window for dealing in securities of the Company has been closed with effect from April 1, 2019 and shall remain closed till April 26, 2019. Shares of Indiabulls Housing Finance Ltd was last trading in BSE at Rs.824.45 as compared to the previous close of Rs. 831.6. The total number of shares traded during the day was 860507 in over 16860 trades. The stock hit an intraday high of Rs. 849 and intraday low of 821. The net turnover during the day was Rs. 716241823. https://www.capitalaim.com/stock.php

Rail Vikas Nigam Ltd shares to list today

Image
Effective from April 11, 2019, the equity shares of Rail Vikas Nigam Ltd (Scrip Code: 542649) are listed and admitted to dealings on the Bombay Stock Exchange in the list of 'B' Group Securities. The company recently issued shares through disinvestment of equity shares by the Government of India through an IPO. The shares were issued at a price of Rs. 19 per share. The retail investors and employees were offered a discount of Rs. 0.50 per share. https://www.capitalaim.com/trading/stock-tips

Indian Indices End Higher, Updates from the IPO Space, and Top Stocks in Action Today

Image
On Tuesday, share markets in India witnessed buying interest during closing hours and ended higher. The BSE Sensex closed higher by 239 points to end the day at 38,939. Yes bank and Tata Motors were among the top gainers. While the broader NSE Nifty ended up by 67 points to end at 11,672. Among BSE sectoral indices, realty stocks gained the most by 1.4%, followed by automobile stocks and banking stocks. Top Stocks in Action Today Tech Mahindra share price will be in focus today as the company received approval for proposal to acquire 18.1% equity shares each of Infotek Software and Systems and Vitaran Electronics. Ashok Leyland share price will be in focus today as the company is aiming to set up more assembly plants overseas, including the CIS region and African countries, as part of plans to scale up its global operations. The company is banking on its new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs) to help it enter new regions be...

Bajaj Consumer Care Ltd reports consolidated FY19 PAT of Rs. 221.59 crores

Image
Bajaj Consumer Care Ltd has reported financial results for the period ended March 31, 2019. Financial Results (Q4 FY18-19) - QoQ Comparison The company has reported net sales of Rs.247.52 crores during the period ended March 31, 2019 as compared to Rs.236.94 crores during the period ended December 31, 2018. The company has posted net profit of Rs.60.62 crores for the period ended March 31, 2019 as against Rs.60.09 crores for the period ended December 31, 2018. The company has reported EPS of Rs.4.11 for the period ended March 31, 2019 as compared to Rs.4.07 for the period ended December 31, 2018.