While volumes fall 2% in Q1, analysts are worried about rising competitive intensity
Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent
Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent.
The stock fell 9 per cent from its early morning high on profit-booking after the management lowered FY20 revenue/profit guidance considering slowdown in end-use industries.
The company's consolidated net profit more than doubled at Rs 49 crore in Q1FY20 as against a PAT of Rs 23 crore in the year ago quarter.
The recent NBFC crisis had a twin effect on demand. It curtailed financing to new vehicles, and NBFC were financing customers who were not preferred for financing by banks
The 'negative' outlook generally means the ratings won't improve in the next 12-18 months.
In the past six months, the stock has rallied 48 per cent, as compared to a 5 per cent rise in the S&P BSE Sensex
During the quarter under review, the stock of the company dipped 31 per cent, as against a 1.3 per cent decline in the Sensex.
The bank had registered a loss of Rs 2,409.89 crore in the year-ago period.
Here's a look at the top stocks that may trade actively in today's trading session.
Global cues, corporate earnings, and report of a possible stimulus package by the government to counter the economic slowdown are likely to dominate Dalal Street proceedings on Friday
In most versions of the VIP strategy, the SIP amount will be varied depending on an objective parameter such as returns obtained
Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc
Negative returns reflect sombre mood, especially slump in mid-cap and small-cap stocks
The NBFC sector is undergoing huge turbulence and policy makers will have to take further steps to tackle the problem, says Nitin Jain
The world's top producer of crude palm oil produced 2.8 million tonnes tonnes of the edible oil last year
The rate cut will be applicable from August 15
The company will use the funds for market expansion overseas
There were 16 PE deals worth $382.19 million with no exit in the last seven days ended August 14, 2019