Gold Silver Reports (GSR) – ICICI Prudential Gains As Brokerages Maintain Positive Stance Post Q4 – Shares of the private life insurance company rose as much as 4.9 percent to three-month high of Rs 438.60. International brokerage Citi revised its recommendations and target price after the company announced its fourth quarter results.
Share Market Tips
Growth in Shale, Frackers Preach Patience on Payoff From $70 Oil
Gold Silver Reports (GSR) – Growth in Shale, Frackers Preach Patience on Payoff From $70 Oil — While first-quarter earnings were less than exciting, Schlumberger Ltd., the largest service provider, said it plans to profitably add about 1 million horsepower worth of rock-crushing pumps this year into North American shale. Halliburton Co., the fracking king, said it sees a return to the 20 percent profit margins last seen before the downturn.
Bharti Airtel Top Gainer On Sensex, Nifty On Surprise Q4 Profit
Gold Silver Reports (GSR) – Bharti Airtel Top Gainer On Sensex, Nifty On Surprise Q4 Profit – Shares of the country’s largest wireless telecom operator rose as much as 3.35 percent, the most in a month, to Rs 419.70 after it surprised Street with a profit in March quarter led by improvement in Africa business.
Gains In RIL, Bharti Airtel Cap Losses For Sensex, Nifty
Gold Silver Reports (GSR) – Gains In RIL, Bharti Airtel Cap Losses For Sensex, Nifty – Indian equity benchmarks edged lower dragged by HDFC Bank, Kotak Mahindra Bank and HDFC. However, the losses were capped as index heavyweight Reliance Industries, Bharti Airtel and Wipro saw buying interest. The S&P BSE Sensex fell 0.1 percent or 30 points to 34,585 and the NSE Nifty 50 index declined 0.13 percent or 14 points to 10,600.
Stocks To Watch: Ashoka Buildcon, DCM Shriram, Strides Shasun
Gold Silver Reports (GSR) – Stocks To Watch: Ashoka Buildcon, DCM Shriram, Strides Shasun — The S&P BSE Sensex rose 0.48 percent or 165.87 points to 34,616.64 and the NSE Nifty 50 index advanced 0.28 percent or 29.65 points to 10,614.35.
TV18 Broadcast Erases Gains On Reporting Loss In Q4
Gold Silver Reports (GSR) – TV18 Broadcast Erases Gains On Reporting Loss In Q4 – Shares of the Delhi-based news channel operator fell after it reported loss in March quarter.
✅ Consolidated revenue at Rs 757.7 crore versus Rs 278.9 crore (YoY)
✅ Consolidated net loss at Rs 2.98 crore versus profit of Rs 8.39 crore (YoY)
GNFC Rises Most In Three Months Post March Quarter Earnings
Gold Silver Reports (GSR) – GNFC Rises Most In Three Months Post March Quarter Earnings – Shares of the Gujarat-based fertiliser and chemical maker rose as much as 10.7 percent, the most in over three months, to Rs 475.90 after it reported March quarter earnings. The stock also rose to its highest level in a month.