Negative opening likely amid rising US-China trade war concerns Negative opening likely amid rising US-China trade war concerns DSIJ Intelligence / Wednesday, May 8, 2019 / Article rating: 5.0 The global markets present a fairly scary picture with markets across the US and Europe succumbing to selling pressure. The SGX Nifty is under pressure and indicates lower opening in store for the Indian markets. At the time of writing, SGX Nifty was trading down by 63 points at 11,475 level. Some of the key results scheduled today are Titan and Shriram Transport Finance.
Essel Propack: Q4FY19 revenue grows by 10 per cent, margins intact Essel Propack: Q4FY19 revenue grows by 10 per cent, margins intact Pratik Shastri / Tuesday, May 7, 2019 / Article rating: 4.3 Mumbai-based plastic packaging manufacturer, Essel Propack Ltd, posted its Q4FY19 results on Tuesday. The company saw steady growth in revenue and net profits.
Escorts Q4FY19 PAT jumped 8 per cent YoY Escorts Q4FY19 PAT jumped 8 per cent YoY Nidhi Jani / Tuesday, May 7, 2019 / Article rating: 5.0 Revenue from agri machinery, construction equipment and railway equipment grew by 12.5 per cent, 10.2 per cent and 36.1 per cent, respectively, on a YoY basis.
Lupin gets tentative approval for fosaprepitant injection Lupin gets tentative approval for fosaprepitant injection Nidhi Jani / Tuesday, May 7, 2019 / Article rating: 5.0 The drug is a generic version of Emend for Injection, 150 mg single-dose vial of Merck Sharp & Dohme Corp. The injection helps prevent nausea and vomiting caused by cancer drug treatment (chemotherapy).
Majesco gains on partnering with Capgemini Majesco gains on partnering with Capgemini DSIJ Intelligence / Tuesday, May 7, 2019 / Article rating: 2.5 Capgemini has signed an alliance partnership agreement with Majesco following which the stock was buzzing on Tuesday
Wipro, R3 build blockchain based solution for digital currency Wipro, R3 build blockchain based solution for digital currency Advait Dharmadhikari / Tuesday, May 7, 2019 / Article rating: 5.0 Wipro announced that the company has partnered with enterprise blockchain software firm R3 and has developed a blockchain-based solution prototype to enable digital currency for inter-bank settlements for a consortium consisting of the Bank of Thailand and eight commercial banks in Thailand.
Overnight Digest: Stocks to look out for on May 8 Overnight Digest: Stocks to look out for on May 8 DSIJ Intelligence / Tuesday, May 7, 2019 / Article rating: 5.0 The stocks that are likely to witness significant movement on the bourses on May 8 are Lupin, Alembic Pharmaceuticals, Larsen & Toubro Infotech, JK Paper and Jyothy Laboratories.
Sensex again dips by 323 points Sensex again dips by 323 points DSIJ Intelligence / Tuesday, May 7, 2019 / Article rating: 5.0 Market held its fort until lunch hours on Tuesday but could not sustain and started slipping in the afternoon session and tanked more than 300 points in the last half an hour of trade. Rise of crude oil prices in the international market led to negative sentiments hit the stocks of oil retailers led by Reliance.
Q4FY19: VIP Industries revenue increases 20 per cent YoY Q4FY19: VIP Industries revenue increases 20 per cent YoY Nidhi Jani / Tuesday, May 7, 2019 / Article rating: 4.6 The company's consolidated revenue for Q4FY19 came in at Rs. 434.98 crore as against Rs. 362.56 crore in the corresponding quarter last year, registering a 20 per cent YoY increase.
Ten stocks close to their 52-weeks low Ten stocks close to their 52-weeks low Shital Jibhe / Tuesday, May 7, 2019 / Article rating: 5.0 Following stocks are close to their 52-weeks low as at 2:44 p.m. on May 7, 2019.