Gold Silver Reports (GSR) – Interglobe Aviation Stock Rebounds From Friday’s Sharp Fall – Shares of the Gurugram-based budget airline rebounded from Friday’s sharp fall and rose 0.7 percent to Rs 1,417.65. International brokerage JPMorgan has maintained an ‘overweight’ on InterGlobe Aviation stock for target price of Rs 1,690.
Money Market
GoldSilverReports provides you the list of Best Money Market Funds to Buy/Invest, Best Money Market Tips and Calls In India, Best Performing Money Market Mutual Funds.
Idea Cellular Stock Rises After Loss Narrows In March Quarter
Gold Silver Reports (GSR) – Idea Cellular Stock Rises After Loss Narrows In March Quarter – Shares of the country’s third largest wireless carrier rose as much as 4.65 percent, the most in nearly four months, to Rs 72 after its loss narrowed in December-March quarter.
India’s $2.3 Trillion Equity Market has Surged in Recent Years
Gold Silver Reports (GSR) – India’s $2.3 Trillion Equity Market has Surged in Recent Years — India’s equity culture may also get a boost from a stewardship code to be rolled out for the country’s fund managers to push for corporate-governance best practices. The PFRDA, along with India’s insurance and securities regulators, is pursuing the new code, Contractor said.
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.
Expect Earnings Growth In High Teens This Year: Mark Matthews
Gold Silver Reports (GSR) – Expect Earnings Growth In High Teens This Year: Mark Matthews – Mark Matthews, head of research (Asia) at Bank Julius Baer in a conversation, Indian companies to report robust earnings this quarter.
Stocks To Watch: Axis Bank, Thermax, Gati, IEX
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Thermax, Gati, IEX — The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.5 percent to 10,664.50 as of 7:15 a.m. Asian stocks climbed as the latest bout of earnings results buoyed sentiment in the technology sector and traders monitored a historic meeting between the leaders of North and South Korea.
Axis Bank Posts First Ever Loss As Bad Loans Pile Up
Gold Silver Reports (GSR) – Axis Bank Posts First Ever Loss As Bad Loans Pile Up — The private lender reported a net loss of Rs 2,188.7 crore in the January-March quarter compared with a profit of Rs 1,225 crore a year ago, according to its exchange filing. Analysts tracked by Bloomberg had estimated a Rs 663 crore profit. The bank also reported tax write-back of Rs 1,300 crore, without which the net loss would have been wider.