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.
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Gift to Family Helps Wipe $2.6 Billion Off PC Jeweller Share Price
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).
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 year, its Chief Investment Officer – Rajat Jain. Key highlights from the conversation: ✅ See interest coming back in capital goods, but most companies are …
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.
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.
Venky’s Pares Losses After Q4 Profit Gains
Gold Silver Reports (GSR) – Venky’s Pares Losses After Q4 Profit Gains – Shares of the Pune-based company parred losses and rose as much as 2.4 percent to Rs 3,999 after its profit gained in March quarter.
Elpro International Stock Gains; Varun Beverages Swings After Quarterly Results Announcement
Gold Silver Reports (GSR) – Elpro International Gains 50% In Four Days, Surges To Record High – Shares of the medical equipment maker extended gains for the fourth day and rose as much as 15.9 percent to reach a record high at Rs 69.80. The stock gained nearly 50 percent in the last four trading sessions.
Pirojshaw Sarkari, CEO At Mahindra Logistics Stock
Pirojshaw Sarkari, CEO At Mahindra Logistics – Key highlights form the conversation:
✅ There is no one off incidence.
✅ Margin will continue to expand.
✅ Increase in value added services business to aid margins.
✅ Improved warehousing, distribution business post gst will help margin expansion.
HCC Stock Headed For Record Drop As Unit Defaults
Gold Silver Reports (GSR) – HCC Headed For Record Drop As Unit Defaults – Shares of the Mumbai-based infrastructure construction firm fell as much as 24.2 percent and is headed for steepest single-day loss since Jan. 1991 listing after unit. The company’s unit, Lavasa Corporation Ltd., is considering a resolution plan for its outstanding debt and is in the process of restructuring bonds after a payment default.