ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves Nidhi Jani / Friday, October 26, 2018 / Article rating: 4.0 The net interest income (NII) for Q2FY19 came in at Rs. 6418 crore as against Rs. 5709 crore as compared to the corresponding quarter last year, an increase of 12.4 per cent. Also, the net interest margin (NIM) stood at 3.33 per cent as against 3.19 per cent for Q2FY18.
UFO Moviez announces acquisition, stock spikes up UFO Moviez announces acquisition, stock spikes up Bhagyashree Vivarekar / Friday, October 26, 2018 / Article rating: No rating The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up.
Private banks drag down benchmark indices, Nifty Bank tanks Private banks drag down benchmark indices, Nifty Bank tanks Gayathri Udyawar / Friday, October 26, 2018 / Article rating: 5.0 The most tracked index in the stock market Nifty Bank bleeded on Friday and lost close to 400 points and closed at 24,421.05 down by 1.60 per cent. BSE BankEx was down by 1.97 per cent. Major private bank stocks Yes Bank, Axis and IndusInd Bank lost the most.
Bharat Electronics Q2FY19 profit spikes 39 per cent Bharat Electronics Q2FY19 profit spikes 39 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 4.3 During H1FY19, the company secured new orders amounting to Rs. 14,338 crore. The total order book as on October 1, 2018, stood at Rs. 48,995 crore.
UPL Q2FY19 profit rises 14 per cent UPL Q2FY19 profit rises 14 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 270 crore as against Rs. 237 crore in the corresponding quarter last year, yoy increase of 14 per cent.
Sensex down by 1 per cent; IT, Banks stocks tank, Tata Motors shines Sensex down by 1 per cent; IT, Banks stocks tank, Tata Motors shines Shohini Nath / Friday, October 26, 2018 / Article rating: No rating On the opening day of the new series, the key benchmark index Sensex slipped by more than 1 per cent and managed to close at 33,349 levels.
Subros Q2FY19 profit jumps 58 per cent Subros Q2FY19 profit jumps 58 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 5.0 The company's standalone revenue for the quarter came in at Rs. 564.03 crore as against Rs. 497.15 crore in the corresponding quarter last year, registering an increase of 13.5 per cent YoY.
ITC reports 12 per cent increase in net profit ITC reports 12 per cent increase in net profit Amir Shaikh / Friday, October 26, 2018 / Article rating: 5.0 The company’s standalone revenue for second quarter of FY19 came in at Rs. 11,272.51 crore, registering 15.5 per cent yoy increase. This was primarily driven by growth across the divisions. FMCG business (including cigarette) grew by almost 11 per cent yoy.
Shriram Transport Finance gains as Q2 revenue jumps 20 per cent YoY Shriram Transport Finance gains as Q2 revenue jumps 20 per cent YoY Shohini Nath / Friday, October 26, 2018 / Article rating: 5.0 The company posted its Q2 numbers on Friday and the company’s revenue has jumped 20 per cent YoY and stood at Rs. 3,937.99 crore in Q1FY19 versus Rs. 3,258.66 crore.
Godawari Power reports superlative PAT growth Godawari Power reports superlative PAT growth Amir Shaikh / Friday, October 26, 2018 / Article rating: 5.0 Godawari Power & Ispat’s consolidated revenue for the second quarter of FY19 came in at Rs. 804.39 crore which represent 45 per cent increase from the corresponding quarter of last year.