Vardhman Special Steels: Stock gains upon Q4FY20 sales volume growth
Vardhman Special Steels: Stock gains upon Q4FY20 sales volume growth

Vardhman Special Steels: Stock gains upon Q4FY20 sales volume growth

Pratik Shastri Article rating: 4.7

With upgradation purposes in mind, Vardhman Special Steels underwent 78 shutdowns during the previous fiscal year. Such upgrade was executed in order to modernize steel melting shop facilities whose annual capacity at present stands at 2,00,000 TPA.

Alembic Pharmaceutical touches 52-week high, gets fresh USFDA approval
Alembic Pharmaceutical touches 52-week high, gets fresh USFDA approval

Alembic Pharmaceutical touches 52-week high, gets fresh USFDA approval

Pratik Shastri Article rating: 5.0

The IQVIA, a US-based company, which is engaged in serving as the information and database provider of the healthcare industry, stated that Deferasirox Tablets, 180 mg, has an estimated market size of US$ 53 million (Rs 400 crore approximately).

Oil India: Blowout fire continues, financial impact remains unclear
Oil India: Blowout fire continues, financial impact remains unclear

Oil India: Blowout fire continues, financial impact remains unclear

Pratik Shastri Article rating: 4.3

The whole incident including the fire is bound to impact the financials of the company. The current lockdown scenario has already affected the normal demand-supply ratios. Moreover, the impact on its capex plans is likely to spill into the next fiscal from the current year.

HDFC cuts down its RPLR by 20 bps
HDFC cuts down its RPLR by 20 bps

HDFC cuts down its RPLR by 20 bps

Pratik Shastri Article rating: 4.0

The company reported that 97 per cent of loans were repaid using electronic mode of transfer whereas 3 per cent borrowers were unable to pay during lockdown.

RCF: Realises sale of Rs 100 crore in April-May 2020
RCF: Realises sale of Rs 100 crore in April-May 2020

RCF: Realises sale of Rs 100 crore in April-May 2020

Pratik Shastri Article rating: 3.5

In terms of market capitalisation, RCF is the third largest fertilizer firm. Urea based fertilizer is its key segment but in times of a slow-moving economy, a good contribution from all business segments would certainly boost the confidence of the investors.

Indian Oil Corporation: Stock soars 20 per cent in a month with increase in utilization
Indian Oil Corporation: Stock soars 20 per cent in a month with increase in utilization

Indian Oil Corporation: Stock soars 20 per cent in a month with increase in utilization

Pratik Shastri Article rating: 4.0

IOCL is among the market leaders in the oil refining segment with more than 50,000 marketing touch points to cater to different product mixes. Thus, the restart of economic activity is expected to certainly give some relief to both, the company and the investors.

L&T secures large category order win from Telangana government
L&T secures large category order win from Telangana government

L&T secures large category order win from Telangana government

Pratik Shastri Article rating: 3.8

L&T often segregates its order bookings into significant, large, major and mega using the criteria of order values and classification. Its heavy civil infrastructure business arm has secured the latest order.

Bharti Airtel denies Amazon investment reports
Bharti Airtel denies Amazon investment reports

Bharti Airtel denies Amazon investment reports

Pratik Shastri Article rating: 3.8

Opposing stiff competition from Reliance Jio, the company reported increase of 1.9 per cent YoY in customer base at the end of FY20 as well as average revenue per user of Rs 154 which is still one of the highest in the industry.

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