Gold Silver Reports (GSR) – Vedanta Declines Ahead Of Quarterly Results Announcement – Shares of the base metal producer extended declines for the second day and fell as much as 2.1 percent to Rs 277.35, ahead of its March quarter results announcement. Analysts surveyed by Bloomberg predict the company’s net profit to decline 13.7 percent on a yearly basis to Rs 2,579 crore.
Gold Silver Reports (GSR) – Stocks in Asia Retreat After Fed — Asian stocks tracked U.S. shares lower after the Federal Reserve said inflation is close to its target, without indicating any need to waver from its path of gradually tightening monetary policy. The dollar declined.
Gold Silver Reports (GSR) – Siddharth Agrawal, Director, Godawari Power And Ispat – Key highlights from the conversation: ✅ Expect 15-20 percent growth in 2018-19. ✅ See 20 percent growth in revenue for 2018-19. ✅ Hope to maintain margin at 20-25 percent for this year. ✅ Expect to improve Ebitda levels by 15-20 percent in …
Gold Silver Reports (GSR) – Sical Logistics Stock Gains After WInning New Contract – Shares of the Chennai-based logistics services firm rose as much as 6.6 percent to Rs 224. The company was awarded a letter of acceptance by Northern Coalfields for mechanical excavations for a contract price of Rs 1,345 crores for excavation of 145 million bank cubic metre over a period of 51 months, according to its stock exchange notification.
Gold Silver Reports (GSR) – Biocon Stock Declines After FDA Issues Form 483 – Shares of the Bengaluru-based pharma company fell as much as 4.5 percent, most in almost two months, to Rs 634.3. The U.S. drug regulator issued form 483 with seven observations after completing pre-approval inspection of the company’s sterile drug product manufacturing facility at Bengaluru this week, according to the company’s exchange filing. Observations are largely procedural and not critical, aiming at continuous improvement, it added.
Gold Silver Reports (GSR) – HCL Technologies Stock Falls 10% In Last Two Days – Shares of the country’s third-largest information technology company fell nearly 10 percent over the last two days. Brokerage and research firms Nomura, Antique Stock Broking and HSBC downgraded the company’s stock rating after March quarter results announcement.
Gold Silver Reports (GSR) – Decoding Equitas Small Finance Bank’s Q4 earnings, April Auto Sales, And More. – Indian Open
Indian equity benchmarks opened lower today after a volatile trade yesterday. HCL Technologies and HDFC Bank were among the heavyweights that weighed the benchmark indices.
Gold Silver Reports (GSR) – Stocks To Watch: Biocon, Cadila, Power Grid, InterGlobe Aviation — Indian equity benchmarks halted their three-day upmove as gains in Kotak Mahindra Bank, ITC and HDFC were offset by losses in Vedanta, Hindalco and Tata Steel. The S&P BSE Sensex was little changed at 35,176.42 while the NSE Nifty 50 index fell 0.2 percent or 21 points to 10,718.05.
Gold Silver Reports (GSR) – Bajaj Auto Sales Jump 26% In April
📌 Bajaj Auto sold 4,15,168 units in April versus 3,29,800 units, up 25.88 percent (YoY)
📌 Bajaj Auto exported 1,85,704 units versus 1,51,913 units, up 22 percent (YoY)
Gold Silver Reports (GSR) – HCL Tech stock Meets Estimates In Q4; Sees Revenue Growth Of 9.5-11.5% In FY19 – The country’s third largest IT outsourcing firm reported March quarter earnings which came mostly in-line.