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Gujarat Sidhee Cement Surges After March Quarter Earnings

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Gold Silver Reports (GSR) – Gujarat Sidhee Cement Surges After March Quarter Earnings – Shares of the Gujarat-based cement maker rose as much as 20.41 percent to Rs 35.10 after March quarter earnings. – Gujarat Sidhee Cement reported net profit of Rs 23.17 crore versus loss of Rs 13.1 crore.         

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Stocks To Watch: Bank Of Baroda, Cadila Healthcare, Sun Pharma, Tech Mahindra

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Gold Silver Reports (GSR) – Stocks To Watch: Bank Of Baroda, Cadila Healthcare, Sun Pharma, Tech Mahindra — The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fluctuated between gains and losses to trade at 10,512 as of 7:30 a.m. Asian stocks opened lower after the cancellation of the U.S.-North Korea summit, which sparked a move to safe-haven assets.                 

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HPCL Slumps After March Quarter Earnings

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Gold Silver Reports (GSR) – HPCL Slumps After March Quarter Earnings – Shares of the state-run oil refiner fell 6 percent to Rs 292 after its profit declined in March quarter.

Key earnings highlights:

📍 Revenue up 6 percent at Rs 60,810 crore

📍 Net profit down 10 percent at Rs 1,748 crore

📍 EBITDA down 8 percent at Rs 2,923 crore

📍 Margin at 4.8 percent

📍 FY18 GRM at $7.40/barrel versus $6.20/barrel (YoY)   

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Bata India Jumps On Reporting Strong Q4 Earnings

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Gold Silver Reports (GSR) – Bata India Jumps On Reporting Strong Q4 Earnings – Shares of the Gurugram-based shoe maker rose as much as 4.3 percent, the most in over a month, to Rs 782.20 after its profit and revenue surpassed Bloomberg consensus estimates in March quarter.                   

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