Morning News Headlines
  • posted by IMV |
  • 23/1/2020

MONEYCONTROL • L&T: Q3 profit rises 15.2 percent to Rs 2,352 cr, revenue up 5.9 percent to Rs 36,242.7 cr YoY; order inflow at Rs 41,579 cr. • Axis Bank: Q3 profit increases 4.5 percent to Rs 1,757 cr, NII up 15.2 percent to Rs 6,453 cr YoY, slippages at Rs 5,124 cr. • RBL Bank: Q3 profit dips 69 percent to Rs 70 cr, NII grows 40.8 percent to Rs 922.6 cr YoY, asset quality weakens. • Raymond: Q3 profit...

MORNING NEWS HEADLINES ( 22nd Jan 2020 )
  • posted by IMV |
  • 22/1/2020

 MONEYCONTROL • Glenmark Pharma: Board approved sale of India and Nepal gynecology operations for Rs 115 crore. • HDFC AMC: Q3 profit jumps 45 percent to Rs 352.55 crore, revenue rises 10 percent to Rs 524.73 crore YoY. • Polycab India: Q3 consolidated profit rises 14.4 percent to Rs 221 crore, revenue jumps 23.8 percent to Rs 2,507 crore YoY. • Havells: Q3 consolidated profit rises 7.4 percent to Rs 201.2...

MORNING NEWS HEADLINES ( 21st Jan 2020 )
  • posted by IMV |
  • 21/1/2020

 MONEYCONTROL • NBCC: Company will provide consultancy for a project worth Rs 720 cr to Central Coalfield. • KEI Industries: Q3 profit jumped 50.4 percent to Rs 72.5 cr, revenue grew 20.8 percent to Rs 1,314.2 cr YoY. • IDBI Bank: Bank sold 17.90 lakh shares (0.36 percent equity) of National Stock Exchange. • SREI Infra: Board will consider raising up to Rs 3,000 cr on February 14. • Spectrum...

MORNING NEWS HEADLINES ( 20th Jan 2020 )
  • posted by IMV |
  • 20/1/2020

MONEYCONTROL • Reliance Industries: The company reported the highest-ever quarterly consolidated net profit of Rs 11,640 crore for Q3FY20 against a CNBC-TV18 poll of Rs 11,333 crore. Its net profit jumped 13.5 percent (YoY) against Rs 10,251 crore reported in the corresponding quarter of the previous financial year. • HDFC Bank Q3: Profit jumped 33 percent, but asset quality weakened and provisions spiked. Profit during the...

Morning News Headlines
  • posted by IMV |
  • 17/1/2020

 MONEYCONTROL • Bharti Airtel, Vodafone Idea: Supreme Court dismissed AGR review petitions filed by telecom firms. • South Indian Bank: Q3 profit grew 8 percent to Rs 90.5 crore, NII rose 15.8 percent to Rs 601.8 crore YoY; gross NPA up 4bps QoQ. • Hathway Cable: Q3 profit at Rs 68.2 cr versus a loss of Rs 55.8 crore, revenue rose 12.3 percent to Rs 450.8 crore YoY. • Cyient: Q3 profit jumped 10.4 percent...

MORNING NEWS HEADLINES ( 16th Jan 2020 )
  • posted by IMV |
  • 16/1/2020

  MONEYCONTROL • Kotak Mahindra Bank: Lender sold its entire stake of 5.56 percent in Equifax Credit Info Services. • Indian Oil Corporation: The company has informed the exchange regarding the issue of unsecured debentures on private placement basis. • Reliance Industrial Infrastructure: Company's net profit jumped 12.6 percent YoY to Rs 2.46 crore in Q3FY20 against Rs 2.18 crore in Q3FY19. •...

Morning News Headlines
  • posted by IMV |
  • 15/1/2020

 MONEYCONTROL • Wipro: Q3 EBIT beat estimates, constant currency topline growth came at 1.8 percent QoQ; sees Q4 CC revenue growing 0-2 percent. • Mindtree: Q3 profit up 46 percent at Rs 197 crore, dollar revenue rose 1.5 percent; EBIT surged 33.2 percent QoQ. • DHFL: IndusInd Bank declared company exposure as 'fraud' - reports CNBC-TV18. • Can Fin Homes: Canara Bank called off selling a stake in the...

Morning News Headlines
  • posted by IMV |
  • 14/1/2020

 MONEYCONTROL • Delta Corp: Q3 profit grew 9 percent to Rs 55 cr, revenue remained unchanged at Rs 205.1 cr, margin dipped 320bps YoY. • IRCTC: Railway Ministry gave approval to IRCTC to operate Ahmedabad-Mumbai Central Tejas Express. • Infosys: The company partnered with France-based GEFCO to support its digital transformation. • Allahabad Bank: The bank has revised downward the MCLR by 05 basis points...

MORNING NEWS HEADLINES ( 13TH JAN 2020 )
  • posted by IMV |
  • 13/1/2020

  MONEYCONTROL • Avenue Supermarts Q3: Standalone net profit grew 53.3% at Rs 394.3 crore against Rs 257.1 crore YoY. Standalone revenue went up 23.9% at Rs 6,751.9 crore against Rs 5,450.9 crore YoY. • Tata Steel: Netherland arm announces successful refinancing of €1.75 billion of European debt. • HCC: Lenders initiate Rs 2,100 crore Debt/Asset carve-out. • Torrent Power: CRISIL upgrades long-term...

Morning News Headlines
  • posted by IMV |
  • 10/1/2020

MONEYCONTROL • GTPL Hathway: Q3 profit jumped 98 percent to Rs 39 crore versus Rs 19.7 crore, revenue doubled to Rs 674 crore against Rs 314.5 crore YoY. • Emami Paper Mills: Q3 profit jumped to Rs 18.5 crore versus Rs 5.7 crore, revenue climbed 7.4 percent to Rs 400.1 crore YoY. • Sterlite Technologies: Subsidiary will buy a 12 percent stake in Israel-based company ASOCS. • GMR Infrastructure: Arm GHAL...