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Feb 12, 2019

Hindalco Q3 profit including Utkal surges 47% to Rs 713 cr, margin contracts

 third quarter profit (including Utkal) to Rs 713 crore, driven by higher operating income and lower finance cost in aluminium business. Hindalco has reported healthy 47 percent on year growth in Profit during the quarter ended December 2017 stood at Rs 484 crore. Revenue from...
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Feb 11, 2019

JBM Auto rises nearly 2% after strong Q3 results

Shares of JBM Auto rose about 2 percent in early trade on February 12 after the company reported strong results for the quarter ended December 2018. Consolidated net profit after tax rose to Rs 19.74 crore, up 14.6 percent from the same quarter last year. JBM Auto's revenue...
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Flat start on D-Street, Nifty below 10,900; Axis Bank down 1%

   Market opens Equity benchmarks have begun marginally lower, with the Nifty trading just below 10,900. The Sensex is down 47.42 points or 0.13% at 36347.61, and the Nifty down 13.70 points or 0.13% at 10875.10. The market breadth was narrow as 179 shares advanced, against a...
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Closing bell: Nifty closes below 10,900, Sensex loses 151 pts; midcaps underperform

Market Closing Benchmark indices continued to reel under selling pressure for third consecutive session on Monday. The 30-share BSE Sensex fell 151.45 points to 36,395.03 and the Nifty50 plunged 54.80 points to 10,888.80. The broader markets also caught in bear trap with the Nifty Midcap index...
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Feb 10, 2019

Sensex extends fall to over 100 points, Nifty around 10,900; Tata Steel up 1%

Market opens Equity benchmarks have opened marginally lower, with the Nifty trading around 10,900. The Sensex is down 53.26 points or 0.15% at 36493.22, while the Nifty is down 36.90 points or 0.34% at 10906.70. The market breadth is narrow as 211 shares advanced, against a decline of 169 shares, while 62 shares were unchanged. Selling is visible across sectors, with maximum pain seen in...
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