The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
All that happened in the markets today
The company's net profit declined 19.31 YoY per cent to Rs 88.78 crore.
The Board of the company approved the resignation of Nagesh Basavanhalli as Managing Director and CEO and appointed him as the Vice Chairman (Non-Executive) with immediate effect
It's standalone net loss came in at Rs 39.91 crore during the quarter under review, compared to Rs 84.9 crore profit in the year-ago period
According to the oil and gas company, the rise in profit was mainly due to inventory gain, despite a decline in sales and weak refining margin
Here's a list of stocks that may remain in focus today.
All that happened in the markets today
In a post-earnings conference call, the company said that demand has picked up
That apart, the company's net profit rose by 10% to Rs 268 crore for quarter ended June on the back of reduced expenses, compared to a net profit of Rs 243 crore reported in the year-ago period
Operating revenue for the quarter ended June 30, 2020, was Rs 336.6 crore, down 5.1 per cent YoY.
On a consolidated basis, the loss came in at Rs 83 crore, compared to net profit of Rs 3 crore in the year ago period
Interim dividend of Rs 1.25 per equity share of Re 1 has been approved by the board for FY21
The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.
Here's a list of stocks that may trade actively in today's session
The rights issue will open on August 25 and close on September 8, 2020
For the quarter ended June 2020, the company's revenue from operations declined 71.1 per cent year-on-year (YoY) to Rs 40.7 crore.
The rights issue received an application for 85.29 lakh shares, worth Rs 672 crore
During the analysts' call post Q1FY21 results, Ronojoy Dutta, chief executive officer of the airline had said that the airline was working on the sale and lease back of their unencumbered assets
Of the Rs 8,722 crore worth of acquisitions, bulk will go towards purchasing the first fixed wing aircraft that HAL has designed and developed in decades
With our order book of over Rs 11,400 crore and L1 of Rs 1,700 crore, we remain confident to deliver profitable growth for full-year FY21, said S K Tripathi, CEO.