A total of 24 companies, including TVS Motor, Lupin, and Federal Bank, are scheduled to announce their March quarter results today
According to the monthly sales update, TVS Motors sold 6.32 lakh units during the quarter
Revenues fell 12.3% and pre-tax profit dropped 22.5% in March quarter
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
Sensex gains 996 points as banking stocks rally
Operational performance, volume growth guidance bode well
SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss
The number of shares traded, or volume, in the stock market had fallen 28 per cent for the month of April
Slippage of 20% on loans under moratorium to weigh on capital ratios
Operational performance is expected to remain good, and volume growth guidance too bodes well
Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore
BSE Sensex jumped 996 points to 31,605, and the Nifty50 index reclaimed the 9,300 zones, settling 286 points higher at 9,315
All that happened in the markets today
UPL, Rallis India and Sumitomo Chemical India were up 5 per cent each on the BSE.
Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet
Spot gold dipped 0.3 per cent to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13
The newly appointed MPOB Chairman Ahmad Jazlan Yaakub said in a statement the rally will come as a relief to industry participants
The private equity firm Carlyle may infuse $1 billion to own up to 8 per cent of Axis Bank, report suggest.
Vinyl Chemicals surged 10 per cent today to hit a 52-week high of Rs 109. The stock has rallied 111 per cent in the past one month from level of Rs 51.66 on the BSE