Technical Textiles manufacturer Garware-Wall Ropes posted a 15 per cent hike in its net profit to Rs. 21.6 crore for the third quarter of the fiscal year 2018 on a yearly basis as compared to Rs. 18.8 crore in the same quarter of the previous fiscal year.

The company's board of directors have declared Interim Dividend of Re. 0.40 per equity share (20 per cent) of face value of Rs. 2 each for the FY17-18.

Being a mutual fund investor, it is important to know the various aspects which can impact the returns of your investment. The expense ratio is one of those aspects which carries a lot of importance as it is one of the basic things which directly impacts the returns.

The PAT for the quarter came in at Rs. 8.3 crore, yoy decline of 10.3 per cent. This was partly due to 11.8 per cent yoy jump in depreciation expenses.

KNR Construction's standalone revenue for the quarter came in at Rs. 433.19 crore, registering 13.3 per cent yoy increase.

The world’s third largest economy, Japan, has managed to grow for the eight successive quarter which is also its largest successful run since the financial bubble of the late 1980s.

Following stocks are close to their 52-week low as at 12.40 p.m. on February 14.

The markets on February 14 opened up. BSE Sensex is trading at 34,262.50, down by 37.97 points and the Nifty is trading at 10,537.35, down by 2.40 points. 

BLS International Services reported consolidated revenue for the quarter at Rs. 202.8 crore , registering 24.6 per cent yoy increase. On a quarter-on-quarter basis, BLS reported 8.7 per cent growth in revenue.

The share price of Punjab National Bank (PNB) plummeted about 8 per cent in morning trade on Wednesday after the bank detected some fraudulent transactions of about Rs. 11,000 Crore in one of its Mumbai branch.