Gold Silver Reports (GSR) – Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price — PC Jeweller Ltd. slumped about 40 percent in the past week after the company said that one of its founders, P.C. Gupta, made the gifts in off-market trades. While the shares rebounded 44 percent Friday, they’re still down 70 percent from the Jan. 19 record and the company’s market value has shrunk to 68.9 billion rupees ($1 billion).
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Radico Khaitan Stock Expects Double-Digit Revenue Growth In 2018-19
Gold Silver Reports (GSR) – Radico Khaitan Stock Expects Double-Digit Revenue Growth In 2018-19 – Alcohol maker and distributor – Radico Khaitan expects double-digit growth in its revenue during the current financial year, its Chief Financial Officer Dilip Banthiya told BloombergQuint in an interview.
Principal Mutual Fund Expects 15-20% Growth In 2018-19
Gold Silver Reports (GSR) – Principal Mutual Fund Expects 15-20% Growth In 2018-19 – Principal Mutual Fund expects about 15-20 percent earnings growth in the current financial …
JSW Energy Stock Falls After Reposting Surprise Loss In March Quarter
Gold Silver Reports (GSR) – JSW Energy Falls After Reposting Surprise Loss In March Quarter – Shares of the steel producer fell as much as 6.7 percent, the most since March 19, to Rs 76.30 after the company reported an unexpected loss during the March quarter on the back of one-time loss. The company reported a net loss of Rs 483 crore, while the analysts predicted a net profit of Rs 72.79 crore.
Gold (CME) Continues Its Slow Trading
Gold Silver Reports (GSR) – Gold (CME) Continues Its Slow Trading – The silver (CME) prices have been locked in a range for many months now. There was a period of few days when the prices did breach above the $17 mark but that move was met with some strong selling at that time and since then, we have seen the prices drop down below the $17 region which marks its re-entry back into the original range. This is set to continue for the short and medium term as well.
South African Gold Producers Reach Lung-Disease Settlement
Gold Silver Reports (GSR) – South African Gold Producers Reach Lung-Disease Settlement — The agreement provides for compensation for all eligible workers suffering from silicosis or tuberculosis who worked in the companies’ mines at any point since March 1965, the parties said in a statement Thursday. The six producers, which also include AngloGold Ashanti Ltd. and Gold Fields Ltd., last year set aside about 5 billion rand ($390 million) to settle the lawsuit. The settlement will be submitted to South Africa’s South Gauteng High Court for ratification.
MRF Stock Posts Highest Quarterly Profit Growth In Over Two Years, But Misses Estimates
Gold Silver Reports (GSR) – MRF Posts Highest Quarterly Profit Growth In Over Two Years, But Misses Estimates – The country’s largest tyremaker reported its highest profit growth in over two years, but falls short of estimates during January-march period.