According to analysts at Centrum Broking, the launch of new products would improve the company's margins in the coming quarters
Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise
The bank reported a net profit of Rs 144 crore in Q4FY20 as against a net loss of Rs 1,985 crore in Q4FY19.
For fiscal year 2019-20, the company posted a consolidated net profit of Rs 459.80 as compared with Rs 2,194.60 crore in 2018-19
Besides, IRCTC is set to report its March quarter earnings later in the day. According to analysts at Spark Capital, the company's profit may dip 35% QoQ to Rs 133.5 crore for the quarter under review
The project is to be constructed in 24 months and operated for 15 years post construction.
On aggregate basis, gross NPA ratio of 8 PSBs declined by 132 bps
Here's a look at the stocks that may remain in focus today
The SGX Nifty was up around 60 points at 7:30 AM, and was indicating an open above 10,300 levels for the Nifty today
The new pricing formula for allotment of shares under the preferential issue will be higher of the average 12-week price or 2-week price.
In the last two months, the majority owners of Vedanta, Adani Power, and Hexaware Technologies have proposed buying out all publicly traded shares amid the coronavirus-induced sell-off in stocks
Organised players to score market share gains over unorganised peers
Transmission volumes didn't face impact of lockdown
High-yielding delivery-based transactions yet to see strong pick-up
Stock hits upper limit after regulatory filing shows promoter holding in the company had breached the 25% threshold following an open market purchase by chairman and CEO Nirmal Jain
Employee association plan to move court if corrective action is not taken
In a separate order passed on Thursday, Sebi levied a total penalty of Rs 10.25 crore on Beckons Industries Ltd in a matter related to manipulation in issuance of GDR.
Realisations surprised positively, and transmission volumes too, didn't see significant impact of lockdown
ITC (up around 5.5 per cent) was the top gainer on the Sensex, followed by Bajaj Finance (up over 2 per cent) and HUL (up 2 per cent)
Amendments include maintaining a structured digital database containing nature of unpublished price sensitive information and names of persons who have shared the information