Berger Paints Q3FY19 review: Volume drives topline, but crude prices hurt margins

Highlights: - Q3 volume growth was strong at nearly 14-15 percent- Festive demand aided topline growth- Management expects margins to recover in Q4- Competitive intensity to increase going forward- Valuations offer little upside from current levels India’s second-largest decorative paints company...

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Opening Bell

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Closing Bell: Nifty manages to end above 10,900, Sensex gains 113 pts; RIL market-cap above Rs 8 lk cr

Market at close: Benchmark indices bounced from the day's low to end on positive note with Nifty closed above 10,900 level. The Sensex was up 113.31 points at 36582.74, while Nifty was up 18.60 points at 10912.30. About 799 shares have advanced, 1757 shares declined, and 172 shares are...

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DHFL falls 13% even as co divests majority stake in Aadhar Housing Finance to Blackstone

Shares of Dewan Housing Finance (DHFL) fell 13 percent in the morning trade, even as the company decided to divest its stake in Aadhar Housing Finance to Blackstone. The stock touched a 52-week low of Rs 97.00. It touched an intraday high of Rs 111.15 and an intraday low of Rs 97.00. Private...

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MCX Support and Resistance levels

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Budget 2019 effect: How you can earn tax-free Rs 10 lakh per annum

In a move to give relief to the middle class, Finance Minister Piyush Goyal announced in the Budget 2019 that individual taxpayers will get a full tax rebate for income earned up to Rs 5 lakh. Previously, the income threshold on which rebate was given was Rs 3.5 lakh. Individuals will now get...

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Budget 2019: Big relief for aam aadmi! FM Goyal gives tax rebate on income up to Rs 5 lakh

Image Source: Financialexpress.com Interim Finance Minister Piyush Goyal has given some relief to the income taxpayers. Union Budget2019 has proposed to offer a tax rebate for individuals earning up to Rs 500,000. The rebate under Section 87A of the Income Tax Act has been enhanced...

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