Rico Auto announces acquisition and interim dividend Rico Auto announces acquisition and interim dividend Dnyanada Kulkarni / Tuesday, February 12, 2019 / Article rating: 4.5 Rico Auto Industries Ltd. (RAIL) and its step-down subsidiary, Rasa Autocom Ltd. (RAL) are set to acquire the equity shares in the 50:50 joint venture (JV) company named Magna Powertrain GMBH.
IPO Update: Neogen Chemicals receives SEBI approval for IPO IPO Update: Neogen Chemicals receives SEBI approval for IPO Gayathri Udyawar / Tuesday, February 12, 2019 / Article rating: 5.0 The speciality chemicals company Neogen Chemicals has received the capital market regulator's approval for floating its Initial Public Offering (IPO). The company is a leading manufacturers of bromine-based and lithium-based speciality chemicals.
Domestic air traffic surges Domestic air traffic surges Aakash Makhija / Tuesday, February 12, 2019 / Article rating: 5.0 The global average growth in domestic traffic was 7 per cent, the same was recorded in 2017. India’s growth of 18.6 per cent was followed by China (11.7 per cent), Russia (9 per cent) and the US (5.1 per cent), said a report by the global aviation body IATA.
Q3FY19: JBM Auto PAT slips 15 per cent QoQ Q3FY19: JBM Auto PAT slips 15 per cent QoQ Advait Dharmadhikari / Tuesday, February 12, 2019 / Article rating: 5.0 Automotive company JBM Auto’s PAT came in at Rs. 19.72 crore with an EPS of Rs. 4.42 per share as against Rs. 23.2 crore with an EPS of Rs. 5.12 per share for Q2FY19.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Tuesday, February 12, 2019 / Article rating: 3.3 Following stocks are close to their 52-week low as at 3.31 p.m. on February 12, 2019.
Q3FY19: Ashiana Housing PAT rises 67 per cent QoQ Q3FY19: Ashiana Housing PAT rises 67 per cent QoQ Advait Dharmadhikari / Tuesday, February 12, 2019 / Article rating: 4.0 Ashiana Housing's consolidated net profit came in at Rs. 3.44 crore for the quarter ended December 2018 as against Rs. 2.06 crore QoQ. Following the results announcement on Monday, the stock was very volatile on Tuesday and in the afternoon was up nearly 3 per cent.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Tuesday, February 12, 2019 / Article rating: 4.0 The markets on February 12, 2019 opened Flat. BSE Sensex is trading at 36,153.62, down by -241.41 points and the Nifty is trading at 10,831.40, down by -57.40 points.
L&T arm bags mega deal from Sonatrach-Algeria L&T arm bags mega deal from Sonatrach-Algeria Shohini Nath / Tuesday, February 12, 2019 / Article rating: 5.0 L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has won a mega order from Sonatrach-Algeria of approximately Rs. 7,000 crore.
IPO Update: Reliance General Insurance files DRHP IPO Update: Reliance General Insurance files DRHP Shohini Nath / Tuesday, February 12, 2019 / Article rating: 5.0 Reliance General Insurance Company Limited (RGICL) has filed the Draft Red Herring Prospectus (DRHP) with SEBI on February 8. RGICL is a wholly-owned subsidiary of Reliance Capital Limited.
Q3 Result Analysis: Spicejet profit plummets 77 per cent Q3 Result Analysis: Spicejet profit plummets 77 per cent Aakash Makhija / Tuesday, February 12, 2019 / Article rating: 4.0 An increase of 34 per cent in crude oil prices and 11 per cent depreciation of the rupee against the dollar led to a rise in cost by Rs. 329 crore but the airline said it was able to offset some of this by an 8 per cent increase in yield or revenue per passenger per mile.