Auto sector woes grow as sales drop further Auto sector woes grow as sales drop further Nidhi Jani / Tuesday, September 3, 2019 0 986 Article rating: 5.0 Following weak auto sales numbers, the NIFTY Auto index made an intraday low of 6888.30 and at the end of the session NIFTY Auto index was trading at 6939.25, down by 70 points. Read more
Ten stocks close to their 52-weeks low Ten stocks close to their 52-weeks low DSIJ Intelligence / Tuesday, September 3, 2019 0 1334 Article rating: 5.0 Following stocks are close to their 52-weeks low as at 14:53 p.m. on September 03, 2019. Read more
Ten stocks close to their 52-weeks high Ten stocks close to their 52-weeks high DSIJ Intelligence / Tuesday, September 3, 2019 0 1122 Article rating: 3.2 The markets on September 03, 2019 opened gap down. BSE Sensex is trading at 36,617.68, down by 715.11 points and the Nifty is trading at 10,816,45, down by 206.80 points. Read more
RITES gains on inking recovery agreement RITES gains on inking recovery agreement Nidhi Jani / Tuesday, September 3, 2019 0 1762 Article rating: 5.0 The company has agreed to withdraw the arbitration proceedings on receipt of the total payment. Out of this amount, around Rs. 66 crore is towards principal which is already provided for in the books of the company and around Rs. 26 crore is towards interest income which is not yet recognised due to uncertainty. Read more
V-Mart Retail to invest Rs. 115 crore in FY20 V-Mart Retail to invest Rs. 115 crore in FY20 Nidhi Jani / Tuesday, September 3, 2019 0 3491 Article rating: 5.0 The company is also is planning to appoint 2,000 people. The company’s manpower cost has grown to 8.2 per cent (as a percentage of sales) in Q1FY20 as compared to 7.8 per cent in the corresponding quarter last year. Talking about the contribution from private labels, the company is hoping to achieve 75 per cent share from the same vs 70 per cent at present. Read more