Hydro One Limited, Through its Subsidiaries, Operates as an Electrical Transmission and Distribution Utility in Ontario

Gold Silver Reports (GSR) – Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution utility in Ontario. The company has market cap of $9.45 billion. The firm owns and operates approximately 30,000 circuit kilometers of high-voltage transmission network and approximately 123,000 circuit kilometers of low-voltage distribution network; and 306 transmission stations, as well as 1,026 distribution and regulating stations. It has a 18.44 P/E ratio. It serves approximately 1.4 million residential and business clients across the province of Ontario, and large industrial clients and local distribution companies.

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Cyient Swings After Acquiring Semiconductor Firm

Gold Silver Reports (GSR) – Cyient Swings After Acquiring Semiconductor Firm – Shares of the software developer fluctuated between gains and losses and fell 1.5 percent to 750.10 as of 9:35 a.m. The company acquired semiconductor firm Ansem N.V. in an all-cash deal worth $17 million, according to its stock exchange filing.        

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Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters

Gold Silver Reports (GSR) – Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters – Shares of the Bangalore-based bio-pharmaceutical company fell as much as 1.8 percent, the most since April 4, to Rs 651.35 after its net profit rose for the first in five quarters.

Key earnings highlights:

🔥 Revenue up 26 percent at Rs 1,169.5 crore.

🔥 Net profit up 2 percent at Rs 130 crore.

🔥 Ebitda up 24 percent at Rs 232.5 crore.

🔥 Margin at 19.9 percent versus 20.3 percent.

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