BSE Sensex
Rupee pares initial gains, settles 2 paise down at 74.68 against US dollar
Mon, Jul 06, 2020
In a highly volatile session, the rupee which opened at 74.53 against the US dollar, touched an intra-day high of 74.52 against US dollar, and a low of 74.82. The domestic unit finally closed at 74.68 against the US dollar, down 2 paise over its previous close of 74.66 on Friday.
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Vodafone Idea shares decline over 4 pc after FY20 earnings
Wed, Jul 01, 2020
The country's third largest telecom operator, earlier in the day, reported a net loss of Rs 73,878 crore for the fiscal ended March 2020 - the highest ever by any Indian firm - after it provisioned for Supreme Court mandated statutory dues.
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Hero MotoCorp share price declines over 2 pct after Q4 earnings
Wed, Jun 10, 2020
The country's largest two-wheeler maker Hero MotoCorp on Tuesday reported a 26.46 per cent decline in consolidated profit after tax (PAT) at Rs 613.81 crore for the fourth quarter ended on March 31. ? The company, which had posted a PAT of Rs 776.23 crore in the same quarter a year ago, said it has rationalised capex spends for the current financial year by half.
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FII inflows in India: As stocks get attractive, funds start flowing again
Tue, Jun 09, 2020
According to Siddharth Khemka, Head, Retail Research at Motilal Oswal Securities: "Indian equities followed positive global cues, which was driven by ECB`s additional stimulus boost. Investors are pricing in a global economic recovery, supported by Central Banks` policy measures across economies. Positive FII inflows over past few sessions also provided support to the market."
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PVR share price declines nearly 5 pct to to Rs 1,106 after Q4 earnings
Tue, Jun 09, 2020
Beginning March 11, 2020, the company started closing its screens in accordance with the order passed by various regulatory authorities and within a few days most of our cinemas across the country were shut down, PVR said in a statement.
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BSE launches options on gold mini, silver kilo
Mon, Jun 01, 2020
"The options on goods contracts shall enable small-time jewellers, retailers to come forward and hedge their price risk on the BSE's commodity platform," said Ashishkumar Chauhan, MD and CEO of the BSE. Sameer Patil, chief business officer of the BSE, said these contracts are deliverable contracts and shall terminate into physical deliveries at the time of expiry.
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IDBI Bank shares rally 20 pc on robust Mar quarter earnings
Mon, Jun 01, 2020
IDBI Bank shares on Monday zoomed 20 per cent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March. The lender reported a profit after 13 straight quarters of net losses.
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United Spirits shares fall up to 4 pc after Q4 results
Thu, May 28, 2020
The company had posted a net profit of Rs 116.9 crore in the January-March quarter a year ago, United Spirits said in a regulatory filing. Its revenue from operations was down 11.86 per cent to Rs 6,419 crore during the quarter under review as against Rs 7,283.1 crore in the corresponding period previous fiscal.
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Sun Pharma shares fall 2 pc after Q4 earnings
Wed, May 27, 2020
The company on Wednesday reported a 37.12 per cent decline in consolidated net profit at Rs 399.84 crore for the quarter ended March 2020, mainly on account of one-time exceptional loss. It had posted a net profit of Rs 635.88 crore in the same period of previous fiscal, Sun Pharma said in a BSE filing.
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BSE launches eKYC services on StAR Mutual Fund for seamless onboarding of investors
Wed, May 27, 2020
"BSE StAR MF is the first MF platform to enable eKYC, which will go a long way in improving the experience of onboarding investors in a seamless manner. It will simplify the KYC process and improve the TAT (turn around time) for completing it,? said Ganesh Ram, Business Head " Mutual Funds at BSE.
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HDFC share price falls around 2 pct after Q4 earnings
Tue, May 26, 2020
"In the fourth quarter, the factors that impacted the result include - extra provisioning due to COVID-19 requirement, dividend income was Rs 2 crore compared to Rs 537 crore last year and profit on sale of investments was Rs 2 crore as against Rs 321 crore," HDFC Ltd vice chairman and CEO Keki Mistry said.
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Manappuram Finance shares gain over 7 pc as Q4 net profit jumps
Fri, May 15, 2020
Total income during the quarter under review rose to Rs 1,618.15 crore as against Rs 1,166.51 crore a year ago, Manappuram Finance said in a regulatory filing. Of this, the interest income was Rs 1,471.91 crore, higher than Rs 1,085.80 crore in the year-ago quarter.
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ICICI Securities' shares zoom nearly 14 pc after Q4 earnings
Fri, May 08, 2020
ICICI Securities on Thursday reported a 28 per cent increase in profit after tax at Rs 156 crore for the March quarter on account of growth in revenue and changes in statutory tax rates. In comparison, the company had posted a profit after tax (PAT) of Rs 122 crore in the corresponding period of 2018-19, ICICI Securities (I-Sec) said in a statement.
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Yes Bank shares trim most of sharp early gains; close nearly 7 pc higher
Thu, May 07, 2020
The bank on Wednesday reported a net profit of Rs 2,629 crore for March quarter, helped by a massive gain of over Rs 6,200-crore arising out of a controversial write-off of bond investors' investment. If the one-off gain is excluded, then the bank, which was bailed out by a consortium-led by State Bank of India (SBI) in March, has a loss of Rs 3,668 crore in the quarter under review.
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GlaxoSmithKline exits HUL, sells 5.7 pc stake for Rs 25,480 cr
Thu, May 07, 2020
When GSK originally announced the divestment of Horlicks in December 2018, the company said it expected gross proceeds from the overall transaction to be approximately 3.1 billion pounds and net proceeds to be 2.4 billion pounds after hedging costs, taxes and other expenses.
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NIIT Technologies shares jump 19.53 pc after Q4 earnings
Wed, May 06, 2020
NIIT Technologies on Tuesday reported a 11.4 per cent rise in consolidated net profit at Rs 113.6 crore for the March 2020 quarter and said strong tech capabilities and sharp execution helped the company in winning large deals.
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Investor wealth plummets Rs 5.15 lakh cr in early trade as equities tank
Mon, May 04, 2020
Led by the weak trend in the equity market, the market capitalisation of BSE-listed companies fell by Rs 5,15,308.99 crore to Rs 1,24,26,311.83 crore. ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC.
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Hindustan Unilever shares drop over 5 pc after Q4 earnings
Mon, May 04, 2020
"The spread of COVID-19 impacted the business from mid-March, which culminated into scaling down of operations post the national lockdown. Domestic Consumer Growth declined by 9 per cent with a decline of 7 per cent in underlying volume growth. Reported EBITDA margin reduced by 40 bps," said HUL.
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