Here are stocks that are in the news today:
Results Today: Indiabulls Ventures, ICICI Securities, Supreme Infrastructure India, Tata Metaliks, Prakash Industries
Infosys Q3: Profit down 12.2 percent to Rs 3,609 crore versus Rs 4,110 crore; revenue up 3.1 percent at Rs 21,400 crore versus Rs 20,609 crore; $ revenue up 2.2 percent at $2,987 million versus $2,921 million and constant currency revenue growth at 2.7 percent QoQ. Company raises FY19 constant currency revenue growth guidance to 8.5-9 percent from 6-8 percent and maintains EBIT margin guidance at 22-24 percent.
Infosys: The board approves a special dividend of Rs 4 per share and buyback up to Rs 8,260 crore at maximum Rs 800 per share.
Cadila Healthcare: Zydus received final approvals from the USFDA for Betamethasone Dipropionate Cream and Amlodipine & Atorvastatin tablets.
Jammu & Kashmir Bank Q3: Profit rises 43 percent to Rs 103.75 crore versus Rs 72.47 crore; net interest income increases 13 percent to Rs 881.63 crore YoY.
GNA Axles Q3: Profit rises 41.6 percent to Rs 18 crore versus Rs 12.7 crore; revenue increases 47.5 percent to Rs 246.3 crore versus Rs 167 crore YoY.
Federal Bank: Executive Director, Ganesh Sankaran steps down
Yes Bank: Bank announces Brahm Dutt as non-executive part-time chairman.
Adani Green Energy: Company acquired balance 51 percent equity of Kodangal Solar Parks Private Limited (KSPPL) from FS India Devco Private Limited. With this acquisition, KSPPL has become wholly-owned subsidiary of the company.
Shree Rama Newsprint Q3: Profit at Rs 9.74 crore versus loss of Rs 3.43 crore; revenue falls to Rs 139.3 crore versus Rs 144 crore YoY.
Avenue Supermarts Q3: Profit rises to Rs 257.11 crore versus Rs 251.77 crore; revenue jumps to Rs 5,450.94 crore versus Rs 4,093.89 crore YoY.
Sundaram Multipap: Board approved the draft scheme of amalgamation of E-Class Education System Limited (ECESL), a 51 percent subsidiary of Sundaram Multipap with Sundaram Multipap (SML).
HCL Technologies: Audit Committee recommended the appointment of BSR & Associates LLP as the statutory auditors of the company who will hold office for a period of five consecutive years.
Tata Sponge Iron Q3: Consolidated profit falls to Rs 26.81 crore versus Rs 36 crore; revenue rises to Rs 260.83 crore versus Rs 214.47 crore YoY.
PNC Infratech: Company received resignation from Rakesh Kumar Gupta from the post of director.
NTPC: Company to raise Rs 4,000 crore through private placement of secured non-convertible bonds in the nature of debentures at a coupon of 8.30% per annum.
KNR Constructions: Two wholly owned subsidiary companies have received the financial closure letter from the National Highways Authority of India.
Sun Pharma Advanced Research: Company had out-licensed XELPROSTM to Sun Pharma in June 2015 and this commercialisation of XELPROSTM, has triggered a milestone payment of $10 million and sales linked royalties, by Sun Pharma to company.
IL&FS Engineering and Construction Company: Gujarat Metro Rail Corporation Limited terminated the contract for construction of metro stations for Package-1 of North-South Corridor for Ahmedabad Metro Rail Project Phase-1.
TRF Q3: Loss at Rs 18.35 crore versus loss Rs 26.8 crore; revenue falls to Rs 86.4 crore versus Rs 114.3 crore YoY.
BLS International: Company expanded operations and added more centres for Attestation and Apostille services across the country. This follows the renewal of its contract by the Ministry of External Affairs.
Suzlon Energy: Company has completed sale of securities of Rudra held by the company to AMP Ventures for Rs 14.21 crore and accordingly Rudra has ceased to be a subsidiary of the company.
Marg: Board made a preferential allotment of 1,26,99,533 equity shares at a price of Rs 61.68 per share to non promoters.
We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.
Visit: www.ripplesadvisory.com
Contact us @ +91-9644405056
No comments:
Post a Comment