Overnight Digest: Stocks to look out for on February 7 Overnight Digest: Stocks to look out for on February 7 Nikita Singh / Tuesday, February 6, 2018 / Article rating: 5.0 The stocks that are expected to record a significant movement on the bourses on February 7, 2018 are Bajaj Electricals Limited, KEC International Limited, Castrol India Limited, Shalby Limited and Dalmia Bharat Limited.
Midcap Bears look exhausted may initiate reversal Midcap Bears look exhausted may initiate reversal Bhagyashree Vivarekar / Tuesday, February 6, 2018 / Article rating: 5.0 Well-before the Indian benchmark indices witnessed the reversal from their all-time high levels, the broader market Bulls were already exhausted and now the indicators and oscillators depict bottom finishing and reversal, may be in a couple of sessions.
KEC International reports PAT growth of 79 per cent KEC International reports PAT growth of 79 per cent Amir Shaikh / Tuesday, February 6, 2018 / Article rating: 5.0 The company’s current order backlog stands at Rs. 17,148 crore. This provides good revenue visibility in coming fiscals.
Bitcoin slips below US$6,000 Bitcoin slips below US$6,000 Gayathri Udyawar / Tuesday, February 6, 2018 / Article rating: 5.0 Bitcoin, the leading cryptocurrency, which had become a sought-after alternative investment in 2017, slumped below US$6,000 on Tuesday. Amidst the global stock market sell-off, Bitcoin also faced selling pressure.
Lupin posts poor bottom-line in Q3FY18 Lupin posts poor bottom-line in Q3FY18 Rohan Takalkar / Tuesday, February 6, 2018 / Article rating: No rating Leading pharmaceutical company Lupin posted poor performance in its latest quarterly results. The top-line and bottom-line declined substantially for the quarter.
Siemens posts 19 per cent growth in bottom-line Siemens posts 19 per cent growth in bottom-line Amir Shaikh / Tuesday, February 6, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 190.5 crore, yoy increase of 18.5 per cent.
AIA Engineering posts subdued Q3FY18 AIA Engineering posts subdued Q3FY18 Rohan Takalkar / Tuesday, February 6, 2018 / Article rating: No rating AIA Engineering reported subdued performance in Q3FY18 due to declining revenues and contracted margins for the quarter. The consolidated revenue for the quarter declined by 5.7 per cent yoy and rose 2.3 per cent qoq to Rs. 572 crore for Q3FY18 as compared to Rs. 608 crore in previous year corresponding quarter.
Domestic gold demand rises by 9 per cent, global demand falls Domestic gold demand rises by 9 per cent, global demand falls Nikita Singh / Tuesday, February 6, 2018 / Article rating: 5.0 Whilst the global demand for gold slumped by over 7 per cent to 4,071.7 tonne in 2017 against 2016, demand for gold in India increased by 9.1 per cent to 727 tonne in 2017 as compared to the previous year.
All you wanted to know about grandfathering and LTCG All you wanted to know about grandfathering and LTCG Shashikant Singh / Tuesday, February 6, 2018 / Article rating: 3.7 There is a lot of confusion regarding the grandfathering and long-term capital gain (LTCG) tax introduced in the Union Budget. Read on to clarify your doubts.
Apollo Tyres net profit skids 17 per cent yoy Apollo Tyres net profit skids 17 per cent yoy Amir Shaikh / Tuesday, February 6, 2018 / Article rating: No rating The PAT for the quarter came in at Rs. 245.2 crore, yoy decline of 17.1 per cent. This was due to rise in effective tax rate from 25 per cent in Q3FY17 to ~30 per cent in the quarter.