Overnight Digest: Stocks to look out on February 13 Overnight Digest: Stocks to look out on February 13 DSIJ Intelligence / Tuesday, February 12, 2019 0 1395 Article rating: 5.0 The stocks that are likely to witness significant movement on the bourses on February 13 are Alembic Pharmaceuticals, Lupin, Tata Power, Natco Pharma, Indigo and Rico Auto. Read more
Rico Auto announces acquisition and interim dividend Rico Auto announces acquisition and interim dividend DSIJ Intelligence / Tuesday, February 12, 2019 0 4227 Article rating: 4.5 Rico Auto Industries Ltd. (RAIL) and its step-down subsidiary, Rasa Autocom Ltd. (RAL) are set to acquire the equity shares in the 50:50 joint venture (JV) company named Magna Powertrain GMBH. Read more
IPO Update: Neogen Chemicals receives SEBI approval for IPO IPO Update: Neogen Chemicals receives SEBI approval for IPO DSIJ Intelligence / Tuesday, February 12, 2019 0 2208 Article rating: 5.0 The speciality chemicals company Neogen Chemicals has received the capital market regulator's approval for floating its Initial Public Offering (IPO). The company is a leading manufacturers of bromine-based and lithium-based speciality chemicals. Read more
Domestic air traffic surges Domestic air traffic surges DSIJ Intelligence / Tuesday, February 12, 2019 0 1434 Article rating: 5.0 The global average growth in domestic traffic was 7 per cent, the same was recorded in 2017. India’s growth of 18.6 per cent was followed by China (11.7 per cent), Russia (9 per cent) and the US (5.1 per cent), said a report by the global aviation body IATA. Read more
Q3FY19: JBM Auto PAT slips 15 per cent QoQ Q3FY19: JBM Auto PAT slips 15 per cent QoQ Advait Dharmadhikari / Tuesday, February 12, 2019 0 930 Article rating: 5.0 Automotive company JBM Auto’s PAT came in at Rs. 19.72 crore with an EPS of Rs. 4.42 per share as against Rs. 23.2 crore with an EPS of Rs. 5.12 per share for Q2FY19. Read more