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Ircon International in focus on declaring Q3 results

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Ircon International reported 52.51% jump in consolidated net profit to Rs 142.43 crore on 0.74% fall in total income to Rs 1,255.14 crore in Q3 December 2019 over Q3 December 2018. The company declared an interim dividend of Rs 13.45 per share (134.50%) and has recommended splitting of the company's one (1) equity share of face value of Rs 10/- each into five (5) equity shares of face value of Rs 2 each, subject to shareholders approval.

Coal India reported 14.08% fall in consolidated net profit to Rs 3923.87 crore on 6.13% fall in total income to Rs 24603.24 crore in Q3 December 2019 over Q3 December 2018.

Cochin Shipyard reported 32.34% jump in consolidated net profit to Rs 169.81 crore on 23.89% rise in total income to Rs 950.35 crore in Q3 December 2019 over Q3 December 2018.

Bharat Heavy Electricals reported 17.21% rise in consolidated net profit to Rs 162.67 crore on 22.91% fall in total income to Rs 5837.65 crore in Q3 December 2019 over Q3 December 2018.

CESC reported 12.18% rise in consolidated net profit to Rs 267.00 crore on 7.00% fall in total income to Rs 2563.00 crore in Q3 December 2019 over Q3 December 2018. The board of directors has declared an Interim Dividend of Rs 20 per share (200%) for the year 2019-20.

IndusInd Bank said Moody's Investors Service has revised outlook on the bank's rating to negative versus stable.

CARE Ratings informed that due to personal reasons S B Mainak, Chairman & Independent Director of the company has tendered his resignation with effect from 11 February 2020.

Glenmark Pharmaceuticals said that the board of directors of the company, at its meeting scheduled on 14 February 2020 will, consider and evaluate proposals for raising of funds.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 08:36 IST
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