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1.                   Hindustan Unilever gains in an early trades after  the fast moving consumer goods (FMCG) major reported a better than expected sales volume growth of 11% in March quarter (Q4FY18). Analysts expected sales volume growth in the range of 5% to 8%.

2.                   Karnataka Bank share price fell 4 percent after profit for the March quarter dropped sharply to Rs 11 crore compared to Rs 138.4 crore in corresponding period last fiscal.

3.                   Punjab National Bank has posted highest ever quarterly loss at Rs 13,417 crore for the January-March period of 2018. Gross non-performing assets jumped to 18.38 percent from 12.11 percent and net NPAs rose to 11.24 percent from 7.55 percent YoY.

4.                   Pharma major Lupin has posted a loss of Rs 783.5 crore for the quarter ended March 2018, due to one-time loss of Rs 1,464.3 crore on Gavis Group acquisition. The company had reported profit of Rs 380.2 crore for March quarter 2017.

5.                   Snowman Logistics share price fell more than 5 percent after March quarter profit after tax plunged 47.2 percent to Rs 1.9 crore from Rs 3.6 crore YoY.Revenue from operations, however, increased 16.3 percent to Rs 51.8 crore from Rs 44.6 crore YoY.

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