Eicher Motors may slide after poor Q1 result

Eicher Motors' consolidated net profit fell 21.59% to Rs 451.77 crore on 5.56% fall in total income to Rs 2523.17 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 31 July 2019.

Bharti Airtel will announce Q1 June 2019 result today, 1 August 2019.

Essel Group announced that Invesco Oppenheimer Developing Markets Fund (hereafter referred to as The Fund) has agreed to make an additional investment in ZEE Entertainment Enterprises (ZEEL). The Fund has agreed to buy up to an 11% stake in ZEEL from its promoters, for a total consideration value of up to Rs 4224 crore. The announcement was made after market hours yesterday, 31 July 2019.

Wipro announced after market hours yesterday, 31 July 2019 that the company received final comments from the Securities and Exchange Board of India on 30 July 2019, with respect to the draft letter of offer filed by the company for buyback. Pursuant thereto and in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, the company will dispatch the letter of offer for the buyback to eligible shareholders appearing on the record date of 21 June 2019, on or before 6 August 2019.

UPL's consolidated net profit fell 65.1% to Rs 178 crore on 86.63% rise in total income to Rs 7945 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 31 July 2019.

Tata Global Beverages' consolidated net profit rose 7.82% to Rs 125.33 crore on 5.27% rise in total income to Rs 1927.66 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 31 July 2019.

Bosch said that with a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory, it is proposed to suspend all manufacturing operations at the company's plant in Bidadi for 3 days from 1 August to 3 August 2019. The announcement was made after market hours yesterday, 31 July 2019.

Container Corporation of India's consolidated net profit fell 5.72% to Rs 244.01 crore on 3.93% rise in total income to Rs 1722.79 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 31 July 2019.

Ashok Leyland's consolidated net profit fell 44.24% to Rs 247.21 crore on 8.53% fall in total income to Rs 6613.52 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 31 July 2019.

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