Gold Silver Reports (GSR) – Grasim Industries Slumps Most In Two Years On Reporting Surprise Loss In Q2 – Shares of the Madhya Pradesh-based Aditya Birla Group company fell as much as 9.09 percent, the most in two years, to Rs 796.70 after it reported surprise loss in second quarter of current financial year after paying a one-time non-cash exceptional item worth Rs 2,003 crore.
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Kotak Mahindra Bank Has 1.27 Crore Shares Change Hands In Block Deal
Gold Silver Reports (GSR) – Kotak Mahindra Bank is likely to see block deals as ING Group had plans to sell its remaining stake in the bank worth about $1 billion.
Cipla Swings On Acquisition Plans – Gold Silver Reports
The drugmaker plans to acquire 33 percent stake in Avenue Therapeutics for $35 million at $6 per share, according to its stock exchange notification.
Shares of the pharmaceutical company fluctuated between gains and losses to trade at Rs 528.40.
Jet Airways Pares Early Losses After Q2 Results Announcement
Key earnings highlights (Q2, YoY):
✅ Revenue up 9.5 percent to Rs 6,161 crore.
✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.
✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.
✅ Revenue includes a one-off item of Rs 111 crore.
Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.
Commodities Weekly Forecast 12-11-18 To 16-11-18 – Neal Bhai Reports
Real Time MCX Weekly Research Report By Neal Bhai Get our expert opinion on short term outlook on commodities based on technical analysis. Weekly commodity insights and forecast.
Commodities Weekly Research Report
Dated: 12-11-2018 To 16-11-2018
Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant
Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant – Shares of the Hyderabad-based drug maker fell as much as 2.61 percent to Rs 2,389 after it received eight observations, five of them a repeat of 2017 and warning letter of 2015, from the U.S. drug regulator at its Duvvada facility—crucial for future growth prospects in its largest market.
Breaking News – Change in Bank Nifty F&O Lot Size
