Minda Industries: Q4FY19 revenue up by 8 per cent, but profit declines Minda Industries: Q4FY19 revenue up by 8 per cent, but profit declines Pratik Shastri / Thursday, May 16, 2019 0 4330 Article rating: 5.0 Auto component manufacturer Minda Industries reported its results for Q4FY19 and financial year ended March 31, 2019, during market hours on Thursday. The slowdown in auto sector is evident from the numbers on auto ancillary company. The sales growth is muted with just 8 per cent increase for Q4FY19 on a YoY basis. Read more
Markets notch up impressive gains Markets notch up impressive gains DSIJ Intelligence / Thursday, May 16, 2019 0 1008 Article rating: 5.0 The Indian benchmark indices BSE Sensex and NSE Nifty ended in the green at the close of today’s market hours. The Sensex closed at 37,393.48, up 0.75 per cent or 278.60 points, while Nifty closed at 11,257.10, up 0.90 per cent or 100.10 points. Read more
Why low beta stocks perform better Why low beta stocks perform better DSIJ Intelligence / Thursday, May 16, 2019 0 2652 Article rating: 5.0 One of the basic fundamental theory on finance suggests that higher beta should be giving higher returns. Read on to find why this is not the case. Read more
Ingersoll-Rand reports revenue growth of 40 per cent Ingersoll-Rand reports revenue growth of 40 per cent DSIJ Intelligence / Thursday, May 16, 2019 0 1772 Article rating: 5.0 Ingersoll-Rand (India) Ltd reported mixed set of numbers for the quarter ended March 2019. Read more
HFCL acquires stake in Raddef HFCL acquires stake in Raddef DSIJ Intelligence / Thursday, May 16, 2019 0 3192 Article rating: 3.8 Himachal Futuristic Communications Ltd. (HFCL) has acquired 90 per cent of the equity shares of Raddef Pvt. Ltd. Read more