Stocks in Focus on January 14: Avenue Supermarket, TSIL to Jet Airways; here are the 5 newsmakers of the day
Avenue Supermarts Ltd: The operator of retail chain DMart, Avenue Supermarts Ltd., has posted Q3FY19 results and reported that its revenue went up to Rs 5451-crore from Rs 4094-crore (YoY). Its net profit went up to Rs 257.1-crore from Rs 251.8-crore (YoY), which is the slowest growth in eight quarters. However, its margin declined to 8.3 per cent from 10.3 per cent.
Jet Airways Ltd: Crisis talks to ease a row over late payments between the cash-strapped Jet Airways and its lessors have failed to reach a conclusion promoting some lessors to explore taking back aircraft. Image source: IANS