Stock Market Corner:

Daily Newsletter

Stock Corner:

1.                   Fortis Healthcare receives revised offer from Manipal Healthcare. The hospital chain operator has appointed Arpwood Capital to advise on sale bids. Shareholders, meanwhile, approve the acquisition of RHT Health Trust assets.

2.                   UltraTech submits a fresh offer of Rs7840cr for Binani Cement. The lenders are expected to meet today to discuss UltraTech’s new bid.

3.                   Jubilant Foodworks, operator of Domino’s Pizza in India, posted a net profit of Rs 68.1 crore against Rs 6.7crore posted during the corresponding quarter of last year.

4.                   Godrej Consumer Products' Q4 FY18 consolidated net profit rose 59.2 percent year-on-year to Rs 617 crore led by strong performance by its soaps business. The company reported revenue at Rs 2,529 crore compared to Reuters estimates of Rs 2,587 crore.

5.                   INOX Leisure Limited reported a 12% growth in revenue from operations at Rs 323.6 crore for the Q4FY18. Earnings before interest, taxes, depreciation and amortization (EBITDA) was at Rs 43.9 crore, 75% higher than the corresponding quarter last year.

To Get Free Trial on stock market tips,equity market tips give

Missed call @8817002233,WHATSAPP NO. 8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/stock-cash-tips.php