IndusInd Bank Q4 Net Profit Matches Estimates In Q4

Gold Silver Reports (GSR) – IndusInd Bank Q4 Net Profit Matches Estimates In Q4 — Shares of the Mumbai-based private sector lender fell 1.6 percent to Rs 1,814 after it reported divergence in NPAs to the tune of Rs 1,350 crore in March quarter.         

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Metal Index Surges To Six-Week High Led By Hindalco, Vedanta

Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.

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Parag Milks Foods Gains After Acquiring Danone’s Manufacturing Unit

Gold Silver Reports (GSR) – Parag Milks Foods Gains After Acquiring Danone’s Manufacturing Unit — Shares of the Mumbai-based dairy products maker rose as much as 3.6 percent to Rs 282.95 after it acquired Danone India’s manufacturing facility of curd, yogurt and other related products near Delhi, the company said in an exchange filing.        

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Metal Stocks Gain After Aluminium, Copper Prices Rise On LME

Gold Silver Reports (GSR) – Metal Stocks Gain After Aluminium, Copper Prices Rise On LME – Shares of metal producers were trading higher led after copper and aluminium prices rose in international markets. Aluminium prices settled 5.49 percent higher on the London Metal Exchange. While, copper rose 2.1 percent in trade yesterday.

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