Stock Corner
1.
Fortis
Healthcare reported net loss at Rs932cr in the March quarter on account of a
Rs833.50cr exceptional loss due to write-off of goodwill, inter-corporate
deposit and advances.
2.
Voltas
clarified that it is not aware on media report on Tata Sons selling stake.
3.
Jet Airways
entered another agreement with the Boeing Company for 75 Boeing MAX Aircraft.
4.
xLeading
Indian steel producer JSW Steel has said it is looking for more deals in Europe
and the United States to expand its global footprint, according to a report by
Bloomberg.
5.
Manpasand
Beverages has reported 36 percent jump in its Q4 net profit at Rs 42.7 crore
against Rs 31.3 crore in a year ago period. Revenue was up 44 percent at Rs 384.3
crore versus Rs 267.2 crore. The
operating profit rose 41 percent at Rs 73 crore and margin was at 19 percent.
6.
Shares of
Jubilant Life Sciences rose 4 percent as company approved raising up to Rs 350
crore via non-convertible debentures. The board of directors of the company at
its meeting held today, decided to obtain approval of the shareholders of the
company through postal ballot for issuance of redeemable non-convertible
debentures (NCDs) on private placement basis upto an amount of Rs 350 crore.
7.
Mindtree
clarified that the reports of promoter selling stake in the company are
completely false. Japan’s NEC Corp. and a large global private equity fund are
in initial talks to acquire a controlling stake in Mindtree from its founders,
the Mint said quoting two people directly aware of the development.
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
