Gold Silver Reports (GSR) – Reliance Industries stock At Record High Ahead Of Q4 Earnings – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate rose as much as 3.6 percent to record high of Rs 1,010.70 ahead of its March quarter earnings. Below are estimates of RIL’s March quarter earnings:
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Axis Bank Stock Rebounds Despite Posting Surprise Loss In March Quarter
Gold Silver Reports (GSR) – Axis Bank Stock Rebounds Despite Posting Surprise Loss In March Quarter – Shares of the Mumbai-based private sector lender rose as much as 5.88 percent, the most in over two months, to Rs 522.80. Axis Bank reported its first ever quarterly loss since listing as the bank accelerated recognition of bad loans, leading to a surge in provisions.
Stocks To Watch: Axis Bank, Thermax, Gati, IEX
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Thermax, Gati, IEX — The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.5 percent to 10,664.50 as of 7:15 a.m. Asian stocks climbed as the latest bout of earnings results buoyed sentiment in the technology sector and traders monitored a historic meeting between the leaders of North and South Korea.
Axis Bank Posts First Ever Loss As Bad Loans Pile Up
Gold Silver Reports (GSR) – Axis Bank Posts First Ever Loss As Bad Loans Pile Up — The private lender reported a net loss of Rs 2,188.7 crore in the January-March quarter compared with a profit of Rs 1,225 crore a year ago, according to its exchange filing. Analysts tracked by Bloomberg had estimated a Rs 663 crore profit. The bank also reported tax write-back of Rs 1,300 crore, without which the net loss would have been wider.
Yes Bank Stock Rises As Asset Quality Improves In Q4
Gold Silver Reports (GSR) – Yes Bank Stock Rises As Asset Quality Improves In Q4 – Shares of the Mumbai-based private sector lender rose 2.2 percent to …
Bajaj Corp Shares Rise After March Quarter Earnings
Gold Silver Reports (GSR) – Bajaj Corp Shares Rise After March Quarter Earnings – Shares of the Mumbai-based hair care products maker rose 1.8 percent to Rs 470 after it reported March quarter earnings post market hours yesterday.
Hathway Cable Snaps 5-Day Losing Streak, Surges Over 8%
Gold Silver Reports (GSR) – Hathway Cable Snaps 5-Day Losing Streak, Surges Over 8% – Shares of the Mumbai-based digital cable TV service provider snapped its 5-day losing streak, rising 8.3 percent to Rs 35.20. In the last five trading sessions, the stock fell as much as 20 percent after it saw a slew of large block deals in the course of last five trading sessions.