Mutual Fund Update: New Fund Offer (NFO) Mutual Fund Update: New Fund Offer (NFO) Henil Shah / Saturday, August 29, 2020 / Article rating: 2.5 New Fund Offers (NFOs) that are open for subscription.
Q1FY21 results: Edelweiss Financial Services records net loss of Rs 263.67 crore Q1FY21 results: Edelweiss Financial Services records net loss of Rs 263.67 crore Ganesh V / Friday, August 28, 2020 / Article rating: 5.0 Net interest income (NII) stood at Rs 53.33 crore as against Rs 400.82 crore it reported in Q1FY20. A decline of 86.7 per cent YoY.
Q1FY21 results: PNC Infratech net profit declines by 48.61 per cent YoY to Rs 91.74 crore Q1FY21 results: PNC Infratech net profit declines by 48.61 per cent YoY to Rs 91.74 crore Ganesh V / Friday, August 28, 2020 / Article rating: 2.7 The company reported consolidated net sales of Rs 1092.81 crore in Q1FY21, which declined by 28.32 per cent YoY from Rs 1524.51 crore in Q1FY20.
Sensex gains by 353 points; Vodafone Idea jumps by 14 per cent, Aarti Industries slips by more than 3 per cent Sensex gains by 353 points; Vodafone Idea jumps by 14 per cent, Aarti Industries slips by more than 3 per cent Geyatee Deshpande / Friday, August 28, 2020 / Article rating: 3.3 On Friday, the markets were dominated by the banks. Sensex managed to close at 39467.31 up by 353.84 points or 0.90 per cent. Nifty closed at 11655.25, up by 96 points or 0.83 per cent.
One year returns analysis of Nifty & Nifty companies One year returns analysis of Nifty & Nifty companies Rishikesh Gaikwad / Friday, August 28, 2020 / Article rating: 2.3 We analysed the last one year's returns of Nifty as an index and its constituents too in the last one year, starting from August 27, 2019, till August 27, 2020. Over this period, Nifty gave an absolute return of a mere 4.09 per cent. Surprisingly, there was enough disparity in Nifty constituents with regard to the returns they gave individually.
BSE Metal & BSE Realty indices shine in last one month BSE Metal & BSE Realty indices shine in last one month Apurva Joshi / Friday, August 28, 2020 / Article rating: 4.5 On July 27, 2020, BSE Metal index was at 7,598.48 which jumped by 20.7 per cent to 9,175.04 on August 27, 2020. BSE Realty index was at 1,536.99 as of July 27, 2020, which grew by 19.8 per cent to 1,842.24 on August 27, 2020.
Key things to keep in mind before investing in corporate bond funds Key things to keep in mind before investing in corporate bond funds Henil Shah / Friday, August 28, 2020 / Article rating: 5.0 In the last one-year, corporate bond funds, on average, generated a return of 10.74 per cent. Hence, if you are planning to invest in them, then here are some key points that you need to bear in mind.
Q1FY21 results: SJVN net profit falls by 27.91 per cent YoY to Rs 303.9 crore Q1FY21 results: SJVN net profit falls by 27.91 per cent YoY to Rs 303.9 crore Chinmayee D / Friday, August 28, 2020 / Article rating: 4.3 The consolidated net sales reported in Q1FY21 came in at Rs 673.72 crore, which declined by 5.44 per cent YoY from Rs 712.49 crore in Q1FY20.
Steel Strips Wheels expects 14 per cent YoY growth in next 3 months Steel Strips Wheels expects 14 per cent YoY growth in next 3 months Apurva Joshi / Friday, August 28, 2020 / Article rating: 4.3 It expects to reach an average gross revenue rate of Rs 150-Rs 155 crore per month in the next 3 months. This is a 14 per cent increase in the average volume and revenue on a YoY basis.
Avantel surges 18 per cent intraday on receiving new defence order Avantel surges 18 per cent intraday on receiving new defence order Pratik Shastri / Friday, August 28, 2020 / Article rating: 3.4 Avantel, a small-sized telecom equipment manufacturer, informed on Friday that it has signed a contract worth Rs 96.76 crore with IHQ, MoD (Indian Navy), for the supply of communication equipment for Indian Naval ships. Looking at its annual revenue of Rs 52 crore for FY20, this order is of quite a significance to the company.