Q3FY19: Lumax Industries profit jumps 171 per cent Q3FY19: Lumax Industries profit jumps 171 per cent Shohini Nath / Monday, February 4, 2019 / Article rating: 5.0 Lumax Industries Limited, a D.K Jain Group company, reported a consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018. The company boasted its market share in the Indian Automobile Lighting Business to more than 60 per cent.
Nifty Auto struggles on mixed auto sales numbers Nifty Auto struggles on mixed auto sales numbers Nidhi Jani / Monday, February 4, 2019 / Article rating: 3.6 Auto majors reported mixed set of sales numbers for the month ended January 2019. With this, Nifty Auto struggled and made an intraday low of 8,325.75, down by 59.05 points at 14:47 hours.
IPO Update: Xelpmoc Design debuts at a discount IPO Update: Xelpmoc Design debuts at a discount Gayathri Udyawar / Monday, February 4, 2019 / Article rating: 4.4 Latest IPO Xelpmoc Design & Tech Limited listed on BSE at a 15 per cent discount at Rs. 56 per share compared to the higher end of its issue price of Rs. 66 per share. In the afternoon session, the stock recovered and was quoting Rs. 58 per share, down 12 per cent from its issue price.
Debt Funds in the middle of a storm Debt Funds in the middle of a storm Shashikant Singh / Monday, February 4, 2019 / Article rating: 5.0 The recent spate of liquidity issue in some of the corporates has again spooked the debt MF market. Investing in debt schemes that invest in the highest grade of paper makes sense now.
Should you invest in Fixed Maturity Plans? Should you invest in Fixed Maturity Plans? Henil Shah / Monday, February 4, 2019 / Article rating: 5.0 Fund houses are flooding Fixed Maturity Plans in the markets. So should you consider investing in them? Let’s find out.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Monday, February 4, 2019 / Article rating: 5.0 Following stocks are close to their 52-week low as at 12.46 p.m. on February 4, 2019.
Indostar to acquire CV finance biz of IIFL Indostar to acquire CV finance biz of IIFL Shohini Nath / Monday, February 4, 2019 / Article rating: 5.0 IndoStar Capital has signed a binding agreement to acquire the commercial vehicle (CV) finance business of India Infoline Finance Limited (IIFL Finance).
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Monday, February 4, 2019 / Article rating: 5.0 The markets on February 4, 2019 opened gap down. BSE Sensex is trading at 36,344.88, down by 124.55 points and the Nifty is trading at 10,849.55, down by 44.10 points.
10 year Challenge: Winners and Losers 10 year Challenge: Winners and Losers Nidhi Jani / Monday, February 4, 2019 / Article rating: 5.0 You may have stumbled upon the ‘10-year Challenge’ on social media where participants posted two pictures of themselves – one taken 10 years ago and one taken recently. While the initial intent was to just have fun and reminisce about the past; the exercise soon became a metric to assess how aging affected different individuals. We took the concept and applied it to stocks whose present market cap is over Rs. 1,000 crore.
Godrej Properties to collaborate in six new projects in Pune Godrej Properties to collaborate in six new projects in Pune Nidhi Jani / Monday, February 4, 2019 / Article rating: 5.0 Under this partnership, the total land which would be developed will be around 300 acres located across the prime markets of west and east Pune. These six projects will offer a total saleable area of over 23 lakh square metres which would be developed in multiple phases over the next 10 years.