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.
Stocks
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.
Vedanta Stock Declines Ahead Of Quarterly Results Announcement; Xiaomi Files in Hong Kong for World’s Biggest IPO Since 2014
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.
Stocks in Asia Retreat After Fed
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.
Siddharth Agrawal, Director, Godawari Power And Ispat
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 …
Sical Logistics Stock Gains After WInning New Contract
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.