Delta Corp Surges On Reporting Four Fold Jump In March Quarter Profit

Gold Silver Reports (GSR) – Delta Corp Surges On Reporting Four Fold Jump In March Quarter Profit – Shares of the Mumbai-based offshore casino operator rose as much as 5.88 percent to record high of Rs 301.40 after its profit jumped four times in quarter ended March 2018. Delta Corp’s net profit came in at Rs 45 crore in March quarter compared with Rs 11 crore during the same period last year.

Read more →

Bharti Infratel Falls As Operating Performance Dips Marginally; Market Focusing On Quality Companies In Current Rally: Ambit Capital

Gold Silver Reports (GSR) – Bharti Infratel Falls As Operating Performance Dips Marginally – Shares of the Gurugram-based telecom infrastructure company fell as much as 3.77 percent to Rs 315.65 after its operating profit saw a marginal dip in March quarter. Bharti Infratel’s operating profit or EBITDA fell 0.4 percent to Rs 1,606 crore in March quarter from Rs 1,613 crore in the previous quarter.                       

Read more →

Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010; Sugar Producers Rise On Expectation Of Cane Subsidy

Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.

Read more →