Q3FY19: Lumax Industries profit jumps 171 per cent Q3FY19: Lumax Industries profit jumps 171 per cent Shohini Nath / Monday, February 4, 2019 / Article rating: 5.0 Lumax Industries Limited, a D.K Jain Group company, reported a consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018. The company boasted its market share in the Indian Automobile Lighting Business to more than 60 per cent.
Indostar to acquire CV finance biz of IIFL Indostar to acquire CV finance biz of IIFL Shohini Nath / Monday, February 4, 2019 / Article rating: 5.0 IndoStar Capital has signed a binding agreement to acquire the commercial vehicle (CV) finance business of India Infoline Finance Limited (IIFL Finance).
Results to watch out on February 4 Results to watch out on February 4 Shohini Nath / Sunday, February 3, 2019 / Article rating: 3.5 The following stocks would be in focus during Monday’s trading session in the light of their results announcement on February 4: IDBI Bank, Capacite Infraprojects, Aban Offshore, Exide Industries and KEI Industries.
Budget 2019: State of economy Budget 2019: State of economy Shohini Nath / Friday, February 1, 2019 / Article rating: 5.0 In the interim budget of 2019 the government fixed the fiscal deficit at 3.4 per cent for FY20 and the Current Account Deficit is expected at 2.5 per cent of the GDP. The fiscal deficit slippage is owing to the newly announced farm package.
LT bags ethylene glycol orders from IOC LT bags ethylene glycol orders from IOC Shohini Nath / Thursday, January 31, 2019 / Article rating: 5.0 Arm of L&T, L&T Hydrocarbon Engineering has won two major orders from Indian Oil Corporation Limited (IOC) for Ethylene Glycol project. Shares gain on intraday basis.
Results Q3FY19: Review of banking sector Results Q3FY19: Review of banking sector Shohini Nath / Wednesday, January 30, 2019 / Article rating: 5.0 The result’s season creates quite a buzz in the market. Everyone even remotely related to the market keenly waits and watches. The Q3FY19 result season has welcomed us into the year of 2019. As the results are still coming in, let us give you a snapshot of what happened to the banks both private and public that have posted their December end results up until January 29, 2019.
Glenmark gains 2 per cent on USFDA approval Glenmark gains 2 per cent on USFDA approval Shohini Nath / Thursday, January 24, 2019 / Article rating: 5.0 Pharma major has received tentative USFDA approval for Topiramate Extended-Release Capsules. The shares of the company rose almost 2 per cent up intraday on Thursday.a
VA Tech Wabag gains on back of Rs. 467 order VA Tech Wabag gains on back of Rs. 467 order Shohini Nath / Wednesday, January 23, 2019 / Article rating: 5.0 VA Tech Wabag has secured Rs. 467 crore order. The shares of the company are trading in green on Wednesday.
Results to watch out on Wednesday, January 23 Results to watch out on Wednesday, January 23 Shohini Nath / Tuesday, January 22, 2019 / Article rating: 4.0 The following stocks would be in focus during Wednesday’s trading session in light of their results announcement on January 22: BASF, ITC, Pidilite Industries, JM Financials and Interglobe Aviation.
Wockhardt gains on launch of leukemia drug Wockhardt gains on launch of leukemia drug Shohini Nath / Monday, January 21, 2019 / Article rating: 5.0 The pharmaceutical company has received approval from the USFDA for an ANDA for 100mg and 400mg tablets of Imatinib Mesylate. The shares of the company climbed approximately 3.4 per cent on Monday.