Crude Oil Retailers Fall After U.S. Reinstates Sanctions On Iran

Gold Silver Reports (GSR) – Crude Oil Retailers Fall After U.S. Reinstates Sanctions On Iran – Shares of the government-owned oil marketing companies fell after President Donald Trump said the U.S. will withdraw from the landmark 2015 accord to curb Iran’s nuclear program and reinstate financial sanctions on the Islamic Republic, opening an uncertain new chapter for the Middle East.

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ICICI Bank In-The-Money Call Options More Than Double

Gold Silver Reports (GSR) – ICICI Bank In-The-Money Call Options More Than Double – Premiums on in-the-money strike price call option contracts of ICICI Bank surged more than 100 percent.

📌 Premium on ICICI Bank 290 call rose 99 percent to Rs 26.20

📌 Premium on ICICI Bank 300 call rose 111 percent to Rs 18.70

📌 Premium on ICICI Bank 310 call surged 127 percent to Rs 12.50

📌 Premium on ICICI Bank 320 call surged 128 percent to Rs 7.75 

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Tata Coffee Share Price Falls After March Quarter Profit Slumps

Gold Silver Reports (GSR) – Tata Coffee Falls After March Quarter Profit Slumps – Shares of the Bangalore-based coffee producer fell as much as 7.2 percent, the most in over three months, to Rs 123.70 after its profit in March quarter slumped.

Key earnings highlights:

📌 Net Profit down 86 percent at Rs 6.5 crore

📌 Revenue up 9 percent to Rs 440 crore

📌 EBITDA down 67 percent to Rs 37 crore

📌 EBITDA Margins at 8.5 percent versus 28.2 percent 

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