Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth DSIJ Intelligence / Friday, August 24, 2018 0 2587 Article rating: 3.3 EBITDA for the quarter rose by 26.3 per cent yoy to Rs. 26.34 crore with a corresponding margin expansion of 282 bps. EBITDA margin for the quarter stood at 85.1 per cent. TICL functions on an invest and hold business model that has hardly any operating expenses and thus exceptional margins. The PAT for the quarter came in at Rs. 22.48 crore, yoy increase of 25 per cent. Read more
Force Motors to restart Man Trucks operations Force Motors to restart Man Trucks operations Bhagyashree Vivarekar / Friday, August 24, 2018 0 5164 Article rating: 4.3 Force Motors, the maker of light and heavy commercial vehicles, has entered into an agreement to acquire manufacturing plant of the German automaker Volkswagen Group's MAN Trucks. Read more
Rupee gain at all time low mark Rupee gain at all time low mark Rohan Takalkar / Friday, August 24, 2018 0 1828 Article rating: 5.0 Indian benchmark indices opened flat to negative on weak global cues and lower rupee. The Indian rupee down all-time low at Rs. 70.17 per dollar. Read more
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Friday, August 24, 2018 0 2909 Article rating: 2.4 Following stocks are close to their 52-week low as at 12.45 p.m. on August 24, 2018. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Friday, August 24, 2018 0 1391 Article rating: 5.0 The markets on August 24, 2018 opened down. BSE Sensex is trading at 38,231.29, down by 105.47 points and the Nifty is trading at 11,552.15, down by 30.60 points. Read more