Q1 profit at Rs 72 crore against an average analysts estimate of Rs 87 crore.
The stock dipped 7% to Rs 187 on NSE after reporting a consolidated net profit of Rs 9 lakh in June quarter against Rs 11 crore in March
Analysts take divergent positions on which is the better company to bet if the merger happens
Liberty Shoes lost 6% to Rs 301 on the BSE after the company's net profit surged 1% to Rs 3 crore
Tata Steel, Hindalco, Sesa Sterlite, Jindal Steel, JSW Steel and SAIL 1-4% on the Bombay Stock Exchange.
Even as it steps up investment & remains confident on top-line growth, weak margin outlook has led earnings downgrade
Australian shares notch another 6-year peak
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Operating margin falls to 14.7% from 17.2% y-o-y
Company to invest Rs 1,200 cr in next 3 years for developing gas finds in Rajasthan
Metal for delivery in far-month November contracts traded higher by 0.86%
Commodity for delivery in August shed 0.20%
In the international market, metal fell by 0.5% to $20.80 an ounce in Singapore
Oil for delivery in July contract gained 0.24%
Plans to raise Rs 750 cr; other realtors may follow
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