Thursday 12 July 2018

Stock Market Corner

Stock Corner
1.                   Private sector lender Karnataka Bank has reported highest ever quarterly profit at Rs 163.2 crore, a growth of 22 percent over Rs 133.85 crore recorded in same period last year. The growth was driven by the improvement in asset quality, higher net interest income and operating income.


2.                   Axis Bank board shortlisted three candidates for the position of MD and CEO.
3.                   Ashok Leyland  has gained over 7 per cent in three trading sessions on robust June quarter volume numbers, value unlocking prospects in the near-term, and expectations of a double-digit truck sales growth over the next three years. The rising proportion of non-cyclical business in overall revenues will keep top line growth steady and less volatile.
4.                   Reliance Industries (RIL) market capitalisation (market cap) surpassed the $100 billion mark, after its stock price soaring to a record high of Rs 1,090, up 5% on Thursday on the BSE in intra-day trade. It became the second Indian company to scale the milestone after TCS.
5.                   Shares of airlines and oil marketing companies (OMCs) companies were trading higher by up to 5% on the BSE after the Brent Crude recorded its biggest one-day fall in two years on Wednesday.

To Get Free Trial on stock market tips,equity market tips give
Missed call @8817002233,WHATSAPP NO. 8602780449
Mail Us = starindiamarket@gmail.com

No comments:

Post a Comment