Gold Silver Reports (GSR) – Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price — PC Jeweller Ltd. slumped about 40 percent in the past week after the company said that one of its founders, P.C. Gupta, made the gifts in off-market trades. While the shares rebounded 44 percent Friday, they’re still down 70 percent from the Jan. 19 record and the company’s market value has shrunk to 68.9 billion rupees ($1 billion).
Radico Khaitan Stock Expects Double-Digit Revenue Growth In 2018-19
Gold Silver Reports (GSR) – Radico Khaitan Stock Expects Double-Digit Revenue Growth In 2018-19 – Alcohol maker and distributor – Radico Khaitan expects double-digit growth in its revenue during the current financial year, its Chief Financial Officer Dilip Banthiya told BloombergQuint in an interview.
Principal Mutual Fund Expects 15-20% Growth In 2018-19
Gold Silver Reports (GSR) – Principal Mutual Fund Expects 15-20% Growth In 2018-19 – Principal Mutual Fund expects about 15-20 percent earnings growth in the current financial …
JSW Energy Stock Falls After Reposting Surprise Loss In March Quarter
Gold Silver Reports (GSR) – JSW Energy Falls After Reposting Surprise Loss In March Quarter – Shares of the steel producer fell as much as 6.7 percent, the most since March 19, to Rs 76.30 after the company reported an unexpected loss during the March quarter on the back of one-time loss. The company reported a net loss of Rs 483 crore, while the analysts predicted a net profit of Rs 72.79 crore.
Sensex, Nifty Trader Lower In Open
Gold Silver Reports (GSR) – Sensex, Nifty Trader Lower In Open – Indian equity benchmarks declined for the second day, dragged by technology shares. The S&P BSE Sensex Index fell as much as 0.3 percent to 35,016.48, while the NSE Nifty 50 Index fell as much as 0.3 percent to 10,650.60.
Gold (CME) Continues Its Slow Trading
Gold Silver Reports (GSR) – Gold (CME) Continues Its Slow Trading – The silver (CME) prices have been locked in a range for many months now. There was a period of few days when the prices did breach above the $17 mark but that move was met with some strong selling at that time and since then, we have seen the prices drop down below the $17 region which marks its re-entry back into the original range. This is set to continue for the short and medium term as well.
Zinc Slides to Nine-Month Low on LME; Teck signs Annual Zinc Concentrate supply Deals; Nyrstar Earnings Drop 5% in First Quarter
Gold Silver Reports (GSR) – Zinc Slides to Nine-Month Low on LME; Teck signs Annual Zinc Concentrate supply Deals; Nyrstar Earnings Drop 5% in First Quarter — Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Thursday May 3, with zinc diving to its lowest point since August 2017. Read more in our live futures report.