|
Daily
Newsletter
|
1.
Cigarette-to-soap
maker ITC reported 9.9 percent year-on-year (YoY) increase in net profit at Rs
2,933 crore for the fourth quarter of FY18. Net sales of the Kolkata-based
company fell to Rs 10, 706 crores from Rs 14,883 crore in the same quarter last
year.
2.
Hindalco Industries
reported a drop of 25 percent (YoY) in its profits for the March quarter to Rs
377 crore. The company had posted a profit of Rs 502.5 crore for the same
period of last year. Its
revenue from operations, however, rose to Rs 11,681 crore from Rs 11,026 crore
reported during the corresponding quarter of last year.
3.
Canara Bank
plans to raise up to Rs 5,000 crore from the market and by selling its non-core
assets through two of its subsidiaries after it called off the divestment
process of its 30 percent stake in its housing finance subsidiary Can Fin Homes.
4.
Indiabulls
Real Estate share price gained 7 percent in early trade on Wednesday ahead of
board meeting to consider share buyback proposal. The real estate company
informed exchanges on Tuesday that a meeting of the board of directors will be
held on May 18 to consider the proposal of buyback of equity shares.
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
No comments:
Post a Comment