Aksharchem (India) Limited reported results for the quarter ended September 30, 2018 on Tuesday.

The PAT for the quarter came in at Rs. 82.44 crore, yoy decline of 16.4 per cent. During the quarter, the company’s finance cost come down to Rs. 4.38 crore from Rs. 10.38 crore in the same quarter of last year.

LIC’s net interest income for the second quarter of FY19 stood at Rs. 1,012 crore, as against Rs. 963 crore for the same period in the previous year. Net interest margins for the period stood at 2.35 per cent. Net profit for the quarter stood at Rs. 573.16 crore as compared to Rs. 513.88 crore in Q2FY18.

The operator of Dominos Pizza chain, Jubilant Foodworks announced PepsiCo as the new beverage partner for the pizza brand. This partnership is meant to sell PepsiCo beverages viz; Pepsi, Mountain Dew, 7UP, Mirinda along with Lipton Iced Tea across all Dominos outlets. 

Nocil consolidated revenue for the second quarter of FY19 came in at Rs. 271.99 crore, registering 19.5 per cent yoy increase. The PAT for the quarter came in at Rs. 52.84 crore, yoy increase of 38.8 per cent.

The company commences operations in the US to better services business traveller travelling from US to India as well as US-bound travellers starting from India.

T30 cities continue to dominate the asset under management of the domestic mutual fund industry.

Following stocks are close to their 52-week low as at 1.05 p.m. on October 30, 2018.

The markets on October 30, 2018 opened flat. BSE Sensex is trading at 34,051.93, down by 15.47 points and the Nifty is trading at 10,246.80, down by 4.05 points. 

The EBITDA for the quarter rose by 199.5 per cent yoy to Rs. 5.06 crore as against Rs. 1.69 crore in the corresponding quarter last year, with a corresponding margin expansion of 135 bps. EBITDA margin for the quarter stood at 6.2 per cent.