MRF’s Q4 Profit Down 15pc, Stock Slips

Indian multinational and the largest tyre manufacturer MRF Limited reported a 15pc declines in its consolidated net profit to Rs.293.83cr during fourth quarter FY19. The Company, in the equivalent year-ago-period had posted a net profit of Rs.345.32-Cr. Revenue rose 6pc to Read more

Nifty, Sensex slump, YesBank, Hero MotoCorp were among major losers

Equity benchmark indices started Tuesday’s session on a weak note dragged by Yes Bank with its shares falling over 27pc after the Bank reported a quarterly net loss. At 11.00 am, the Sensex of the BSE traded over 202points lower Read more

Nifty Ends 112pts Higher; Metal and Banking Stocks rise

Key benchmark indices to close the first day of Future and Option (F&O) May series near day’s high level with Nifty closed above 11,754 mark, up 112.90-points and Sensex finished at 39,067-levels, up 336-points. Tata Motors, Grasim Industries, Bajaj Auto, Read more

Tata Steel Reports Strong Numbers, Stock Up

Shares of Tata Steel Ltd trade near 6.5pc higher to hit an intraday high at Rs546.50 and was at the top in the Sensex pack of shares and also in the Nifty50. India’s largest private sector steel manufacturer Tata Steel Read more

Tata Global Beverages stock slips 3% post Results.

Shares of Tata Global Beverages Limited slipped 3pc intraday on Wednesday despite the company reported strong numbers. Seeing the March quarter results, the company’s consolidated operational revenue increased by 5.2pc to Rs.1,775crore in Q4FY19 as against Rs.1,688-Crore, a year ago period. Profit before Read more

NSE To eliminate 34 Stocks From Future and Option Segment

The National Stock Exchange (NSE) on Monday said, it will exclude 34 securities/stocks from the Futures & Options segment (F&O) since these stocks were seen to be not eligible based on selection criteria. The stocks to be excluded are –  Allahabad Bank, Ajanta Read more