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
All that happened in the markets today
The management said the industry outlook is not going to be anything different in the short-term due to multiple uncertainties.
The company reported 55 per cent YoY jump in its net profit at Rs 150 crore in March quarter.
In the past three months, HPCL, IOC and BPCL had outperformed the market by surging in the range of 15-33%, as compared to a 10% rise in the S&P BSE Sensex till Monday.
The company recorded a strong 57 per cent YoY growth in net profit at Rs 1,176 crore in March quarter, while net interest income, or NII, grew 50 per cent at Rs 3,394 crore on YoY basis
The drug firm had posted a consolidated profit of Rs 228 crore in the year-ago quarter.
Here's a look at the top stocks that may remain in focus today -
All that happened in the markets today
On the YoY basis, the company's gross margin declined by around 100 bps, primarily on account of price erosion, partially offset by new launches and favorable forex rates
Analysts expect most of the PSU banks to return to profitability during the current financial year 2019-20 (FY20), backed by improvement in the balance sheet
Adani Enterprises, Adani Green Energy, Adani Gas and Adani Power were up 10 to 17 per cent on the BSE in intra-day trade.
The domestic unit on Friday declined by 20 paise to close at 70.23 against the greenback.
According to ICRA, the company's cash generation will remain weak in the near term given the significant agri-stress prevalent in the operating territory of the company
The company said, the auto OEMs are currently facing a challenging time, which is likely to impact the performance of the auto component industry.
ZEE shares have tumbled 10 per cent to Rs 310, falling 28 per cent thus far in the month of May. In comparison, the S&P BSE Sensex dipped 4 per cent during the period.
SRF was up 5.5 per cent to Rs 2,744, surging 18 per cent from Tuesday's low, after the company reported 54 per cent YoY jumped in consolidated net profit at Rs 191 crore in March quarter of FY19.
The asset quality of the bank remained poor with the gross non-performing assets (NPAs) standing at 14.98 per cent of gross advances at March-end 2019 against 15.73 per cent as of March 31, 2018.
YES Bank's market price has tanked 44 per cent in the past month as compared to a 4 per cent decline in the S&P BSE Sensex.
The stock slipped 6 per cent to Rs 121 on Wednesday, falling 20 per cent in past three days, trading close to its all-time low of Rs 115 touched on March 12, 2009 on the BSE.