The PAT for the quarter came in at Rs. 113.8 crore, yoy increase of 25.9%. This was due to 36.1 per cent yoy increase in other income.

The sector recorded a fast increase in activity in January in comparison with the past three months, on the back of a renewed rise in new business orders in the month.

In terms of bottom-line the company reported negative numbers of Rs. 5.61 crore as against net profit of Rs. 8.93 crore in the corresponding quarter of last year.

Company’s standalone revenue for the quarter came in at Rs. 3071.92 crore, registering 6.5 per cent yoy increase. EBITDA for the quarter rose by 55.7 per cent yoy to Rs. 447.59 crore with a corresponding margin expansion of 460 bps.

Indian Oil Corporation will invest Rs. 3,400 crore in Assam over the next five years. This investment will be utilized to fund greenfield as well as brownfield projects.

To analyse this, fund manager’s management tenure for the fund and returns generated in that period may be an effective aspect which can give an investor an overview of the fund manager and its investment strategies

Following stocks are close to their 52-week low as at 12.44 p.m. on February 5.

The markets on February 5 opened gap down. BSE Sensex is trading at 34,825.95, down by 240.80 points and the Nifty is trading at 10,687.65, down by 72.95 points.

Vakrangee had purchased 2 million shares of PC Jeweller for Rs. 112 crore through an open market transaction on January 25, 2018, using its treasury fund of over Rs. 1,500 crore.

Housing Development Finance Corporation (HDFC) is the top loser with 3.6 per cent losses. The stock dragged Nifty Fin Service which is currently the top loser amongst all sectoral indices falling 1.6 per cent down.