Inox Leisure posted a consolidated net loss of Rs 82 crore, while PVR reported a loss of Rs 75 crore in Q4, due to lower revenues owing to the outbreak of Covid-19 in the last month of the quarter.
Here's a look at the top stocks that may remain in focus today
World Bank yesterday forecast a 3.2 per cent contraction in India's economy in FY21 because of the Covid-induced lockdown. It had earlier predicted 1.5-2.8 per cent growth
The stock of Infosys is making a higher top and higher bottom pattern on the daily chart and reclaimed its long term moving average of 200-DMA which is placed at 708 levels
Given the economic shock caused by the Covid-19 pandemic, it is stunning how markets have managed to hit a trough in just 69 days
Delhi HC issues notice to fund house, Sebi following writ petition by investor
Schemes got Rs Rs 5,256 crore, 15% lower than previous month
While the Composite Weather Index will be seasonal, Rain Index will show daily variations in value, depending on actual rainfall across the country and long seasonal variations
Sale of group's non-core assets is a plus, but sustainable growth is vital to command higher valuation
As working capital requirements also rise, analysts estimate earnings to dip in FY21
Firm lags its peer Amara Raja in Q4 & FY20
They currently hold 14.68% of the lender's paid-up share capital. As per RBI rules, the promoters can buy 0.32% additional stake as of now
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close
Analysts' assumption that the delisting price will be higher hinges on previous delisting bids and Hexaware's valuations
The company has been asked to invite claims within a month by issuing notice in newspapers
BSE Sensex slipped 557 points from day's high to end at 34,370.58, up 83 points or 0.24 per cent while NSE's Nifty ended at 10,167 points, up 25 points
Meanwhile, OPEC, Russia, and allies agreed on Saturday to extend record oil production cuts until the end of July.
All that happened in the markets today
The automotive sector is facing a lot of challenges due to regulatory changes, technology shifts and demand uncertainty due to which there was a distinct slowdown in auto OE segment, the company said.
Hero MotoCorp sold 13.34 lakh units during the quarter under review, down 25 per cent on YoY basis