India factory output declines 16.6 per cent in June India factory output declines 16.6 per cent in June Nidhi Jani / Wednesday, August 12, 2020 / Article rating: 5.0 With the lower output of manufacturing, mining, and power generation, India's factory output, measured on the basis of Index of Industrial Production (IIP), declined by 16.6 per cent in June 2020.
JMC Projects shines on order win worth Rs 1,363 crore JMC Projects shines on order win worth Rs 1,363 crore Apurva Joshi / Wednesday, August 12, 2020 / Article rating: 3.3 JMC Projects (India) Limited, a leading civil engineering and EPC company, has bagged new orders worth Rs 1,363 crore. The orders include building projects in South India worth Rs 1,169 crore along with water supply project in Bihar worth Rs 194 crore.
Laurus Labs forms dark cloud cover pattern Laurus Labs forms dark cloud cover pattern Vinayak Gangule / Wednesday, August 12, 2020 / Article rating: 3.6 On Tuesday, the stock has formed a reversal dark cloud cover candlestick pattern on the daily timeframe. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs at the top of an uptrend.
Indices stare at free fall opening Indices stare at free fall opening Karan Dsij / Wednesday, August 12, 2020 / Article rating: 4.7 After crawling for almost five to six trading sessions in the past, the Indian indices mirroring weak cues from global peers are likely to witness a free fall at the opening bell as at 7:55 am, SGX Nifty was trading down by a staggering 118.5 points at 11,222 levels.
Index trend and stocks in action on August 12, 2020 Index trend and stocks in action on August 12, 2020 Karan Dsij / Wednesday, August 12, 2020 / Article rating: 5.0 If the index moves below 11,280, bears would have an advantage, while above 11,380, the bulls would break the shackles and regain their power. Stocks in news: JMC Projects, KRBL, Hexaware, Eicher Motors.
Top performing pharma stocks in August Top performing pharma stocks in August Geyatee Deshpande / Tuesday, August 11, 2020 / Article rating: 4.1 The market is inching up by taking cues from the global markets in spite of the surge in the COVID-19 cases. The pharma stocks are rallying, which shows its maximum strength in 2020, so far.
Q1FY21 results: GACL net profit falls by 80 per cent YoY Q1FY21 results: GACL net profit falls by 80 per cent YoY Chinmayee D / Tuesday, August 11, 2020 / Article rating: 4.6 The consolidated net sales reported in Q1FY21 came in at Rs 469.61 crore, which declined by 37.27 per cent YoY from Rs 748.57 crore in Q1FY20.
Commercial vehicle sales slip 72 per cent: FADA Commercial vehicle sales slip 72 per cent: FADA Amir Shaikh / Tuesday, August 11, 2020 / Article rating: 4.8 Federation of Automobile Dealers Associations (FADA) in its latest data has shown that the passenger vehicle (PV) retail sales declined by 25.19 per cent to 1,57,373 units in July 2020 as compared to the sales of 2,10,377 units in July 2019 as Coronavirus pandemic continued to impact vehicle offtake
CRISIL reaffirms rating on Jubilant FoodWorks commercial paper programme CRISIL reaffirms rating on Jubilant FoodWorks commercial paper programme Rishikesh Gaikwad / Tuesday, August 11, 2020 / Article rating: 5.0 CRISIL has reaffirmed its 'CRISIL A1+' rating on the commercial paper programme of Jubilant FoodWorks Limited. The rating continues to reflect an established market position in the quick-service restaurant (QSR) segment, healthy operating efficiency driven by a robust supply-chain network, and a strong financial risk profile.
Lupin launches new drug in US; stock shows intraday recovery Lupin launches new drug in US; stock shows intraday recovery Pratik Shastri / Tuesday, August 11, 2020 / Article rating: 3.7 The company also informed that it has launched two products during the quarter in the US market. This has taken the total tally of products to 175 US generics market.