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Nifty 10,700 Call Nearly Doubles In Trade

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Gold Silver Reports (GSR) – Nifty 10,700 strike price call was among the most active option contracts on the National Stock Exchange. The premium on the contract surged 87 percent to Rs 30. Over 5.4 lakh shares were added to the open interest which stood at 39.42 lakh share.               

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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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