Gold Silver Reports (GSR) – Karur Vysya Bank Rises As Rakesh Jhunjhunwala Raises Stake In March Quarter – Shares of the Tamil Nadu-based private sector lender rose 1.8 percent to Rs 105.85. Well-known investor Rakesh Jhunjhunwala raised his stake in the bank to 3.36 percent versus 3.09 percent in the previous quarter, according to the March shareholding pattern submitted by the bank to stock exchanges.
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Manpasand Beverages Gains On Agreement With Parle
Gold Silver Reports (GSR) – Manpasand Beverages Gains On Agreement With Parle – Shares of the Vadodara-based fruit juice maker rose as much as 2.88 percent to Rs 392.65 after it signed an agreement with Parle to jointly distribute brands in Western India beginning with Gujarat.
Reliance Infra Share Price Surges After JV Wins Contract For Versova-Bandra Sea Link
Gold Silver Reports (GSR) – Reliance Infra Surges After JV Wins Contract For Versova-Bandra Sea Link – Shares of the Anil Ambani-led company rose as much as 2 percent to Rs 430.60. Reliance Infrastructure’s joint venture with Italy’s Astaldi won contract for Rs 7,000 crore Versova-Bandra sea link project in Mumbai.
Tata Global Beverages Gains After Nestle Agrees To Markets Starbucks Products
Gold Silver Reports (GSR) – Tata Global Beverages Gains After Nestle Agrees To Markets Starbucks Products – Shares of the Kolkata-based coffee plantation cultivator rose as much as 1.39 percent to Rs 291.80. Nestle has agreed to market Starbucks products globally and Nestle will pay Starbucks $7.15 billion as part of global marketing pact.
Seven KEC International Employees Abducted In Afghanistan; Shares Fall
Gold Silver Reports (GSR) – Seven KEC International Employees Abducted In Afghanistan; Shares Fall – Shares of the Mumbai-based power transmission company fell as much as 3.7 percent to Rs 410.80. The company in a clarification to stock exchanges said that its seven employees which include six Indian citizens and one Afghan national have been abducted in Afghanistan.
SQS India Share Price Surges After Profit More than Doubles In Q4
Gold Silver Reports (GSR) – SQS India Surges After Profit More than Doubles In Q4 – Shares of the Chennai-based software developer rose as much as 11.37 percent to Rs 556.50 after its profit in March quarter more than doubled.
Wockhardt Share Price Slumps On Reporting Loss In Q4
Gold Silver Reports (GSR) – Wockhardt Slumps On Reporting Loss In Q4 – Shares of the Mumbai-based drug maker fell as much as 11 percent to Rs 715 after it reported loss in quarter ended March 2018.
Key earnings highlights:
✅ Revenue up 18 percent at Rs 1,018 crore
✅ Net loss of Rs 155 crore versus net loss of Rs 175 crore
✅ Other income of Rs 56 crore in base quarter
ICICI Bank Share Price Rises Ahead Of March Quarter Earnings
Gold Silver Reports (GSR) – ICICI Bank Rises Ahead Of March Quarter Earnings – Shares of the country’s third largest private sector lender by market cap rose 0.6 percent to Rs 284.50 ahead of its March quarter earnings. –
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Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals
Gold Silver Reports (GSR) – Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals – The dollar drifted from a recent high. Equity benchmarks in Japan fluctuated and gained in Australia. Hong Kong futures climbed alongside S&P 500 Index futures. The MSCI Asia Pacific declined for a second consecutive week last week.