Britannia Industries reports double digit bottom-line growth Britannia Industries reports double digit bottom-line growth Amir Shaikh / Tuesday, February 13, 2018 / Article rating: 5.0 Britannia’s consolidated revenue for the quarter came in at Rs. 2,567.48 crore, registering 9 per cent yoy increase.
Capital Goods boost industrial output Capital Goods boost industrial output Gayathri Udyawar / Tuesday, February 13, 2018 / Article rating: 4.3 The Index of Industrial Production (IIP) grew at 7.1 per cent in December 2017 compared to 2.4 per cent in December 2016, which was affected by demonetization drive. The growth in industrial output was supported by rise in manufacturing and capital goods production.
MIRC electronics posts subdued quarter MIRC electronics posts subdued quarter Rohan Takalkar / Tuesday, February 13, 2018 / Article rating: 4.5 MIRC Electronics reported subdued quarter for Q3FY18 due to declining revenues. The margins over the quarter also weakened further due to high raw material costs.
Q3FY18 Results: Fairchem Speciality reports PAT surges of 39 per cent Q3FY18 Results: Fairchem Speciality reports PAT surges of 39 per cent Nidhi Jani / Tuesday, February 13, 2018 / Article rating: 4.5 EBITDA for the quarter rose by 35.6 per cent yoy to Rs. 28.51 crore with a corresponding margin contraction of 110 bps. EBITDA margin for the quarter stood at 10.5 per cent. This margin contraction was led by jump in power and fuel expenses and cost of materials by 46.3 per cent yoy and 13.7 per cent yoy, respectively.
Paper stocks face dilemma of rise in pulp prices Paper stocks face dilemma of rise in pulp prices Bhagyashree Vivarekar / Tuesday, February 13, 2018 / Article rating: 3.3 In the near future, Indian paper manufacturers are expected to feel the blow of the hiked imported pulp prices. Of-late, imported pulp prices have peaked to 7 year highs and are expected to remain higher for some period.
What should you be doing with your MFs now? What should you be doing with your MFs now? Shashikant Singh / Tuesday, February 13, 2018 / Article rating: 4.0 You need to tactfully keep on booking profit and rebalance your portfolio to minimise LTCG burden.
Vakrangee hits upper circuit on capital allocation policy Vakrangee hits upper circuit on capital allocation policy Nikita Singh / Monday, February 12, 2018 / Article rating: 4.4 IT company Vakrangee hit its upper circuit on the bourses on Monday for the second consecutive trade session as the company announced its capital allocation policy, also announcing that it is a debt free company.
Bank Nifty surges nearly 1 per cent; still indecisive Bank Nifty surges nearly 1 per cent; still indecisive Amir Shaikh / Monday, February 12, 2018 / Article rating: 5.0 Bank Nifty index surged nearly 0.9 per cent, outpacing the benchmark indices, though marginally. The level of 25370 followed by 25150-25025 will act as major supports for the index.
Lupin launches generic version of Tamiflu in US Lupin launches generic version of Tamiflu in US Gayathri Udyawar / Monday, February 12, 2018 / Article rating: 5.0 Generics pharma giant Lupin announced the launch of Oseltamivir Phosphate Capsules in the US market. The drugmaker had earlier received USFDA approval for the same.
J Kumar Infraprojects reports healthy performance J Kumar Infraprojects reports healthy performance Amir Shaikh / Monday, February 12, 2018 / Article rating: 5.0 J Kumar Infraprojects' standalone revenue for the quarter came in at Rs. 457.16 crore, registering 23.9 per cent yoy increase.