Tejas Networks Q2FY19 profit surges by 25 per cent Tejas Networks Q2FY19 profit surges by 25 per cent Nidhi Jani / Tuesday, October 23, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 33.48 crore as against Rs. 26.87 crore in the corresponding quarter last year, an increase of 25 per cent YoY. This jump in profit was mainly due to sharp decline in effective tax rate to 8 per cent in Q2FY19 from 21 per cent in Q2FY18.
Aksh Optifibre reports good Q2, stock rises Aksh Optifibre reports good Q2, stock rises Gayathri Udyawar / Tuesday, October 23, 2018 / Article rating: 5.0 The company reported highest ever quarterly profit and turnover, on Tuesday. The stock of Aksh Optifibre closed at Rs. 26.55 per share, up by 3.51 per cent on the BSE exchange.
TVS Motors reports net profit of Rs. 211 crore TVS Motors reports net profit of Rs. 211 crore Amir Shaikh / Tuesday, October 23, 2018 / Article rating: 1.8 Automaker TVS Motors posted revenue of Rs. 4,994 crore for Q2FY19, registering an increase of almost 22 per cent from the corresponding quarter last year.
GNA Axles PAT rises 52 per cent YoY GNA Axles PAT rises 52 per cent YoY Pratik Shastri / Tuesday, October 23, 2018 / Article rating: 5.0 GNA Axles Limited Ltd. reported its results for the quarter ended September 30, 2018 during the market hours. GNA Axles Limited standalone revenue for the quarter came in at Rs. 227.24 crore.
Bajaj Finance Q2FY19 profit jumps by 54 per cent Bajaj Finance Q2FY19 profit jumps by 54 per cent Nidhi Jani / Tuesday, October 23, 2018 / Article rating: 5.0 The NII for the quarter increased by 35.9 per cent yoy and 3.3 per cent qoq to Rs. 2,319.86 crore in Q2FY19 as against Rs. 2,245.54 crore in Q1FY19 and Rs. 1,707.54 crore in Q2FY18.
Are index MFs better than actively managed large-cap MFs? Are index MFs better than actively managed large-cap MFs? Henil Shah / Tuesday, October 23, 2018 / Article rating: 5.0 Have you ever wondered if a passively managed index mutual funds can outperform the actively managed large-cap mutual fund? But yes this is possible. Read on to know more.
Sebi brings in more transparency to mutual fund investment Sebi brings in more transparency to mutual fund investment Shashikant Singh / Tuesday, October 23, 2018 / Article rating: 4.3 To add to the ease of investing in mutual funds and bring in more transparency, Sebi scraped upfronting of commissions.
RBL Bank PAT surge 36 per cent yoy RBL Bank PAT surge 36 per cent yoy Amir Shaikh / Tuesday, October 23, 2018 / Article rating: 2.3 RBL Bank’s net interest income for the second quarter of FY19 surged almost 41 per cent yoy to Rs. 593 crore. Also, core fee income grew by 60 per cent yoy to Rs. 325.24 crore, while other income grew by 38 per cent to Rs. 333.11 crore.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Tuesday, October 23, 2018 / Article rating: 3.2 Following stocks are close to their 52-week low as at 12.20 p.m. on October 23, 2018.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Tuesday, October 23, 2018 / Article rating: 5.0 The markets on October 23, 2018 opened down. BSE Sensex is trading at 33,970.19, down by 164.19 points and the Nifty is trading at 10,178.15, down by 67.10 points.