Markets likely to witness gap-up opening on positive Asian cues Markets likely to witness gap-up opening on positive Asian cues Karan Dsij / Wednesday, February 7, 2018 / Article rating: 4.0 Indian markets are expected to make a gap-up opening as cues from global peers are optimistic. The SGX Nifty indicates that the Nifty could surge as much as 117 points at the opening bell and open around 10,613. However, a crucial event will unfold today as the RBI will announce its monetary policy, about which the consensus is that status quo on rates will continue.
Gujarat Alkalies and Chemicals posts impressive Q3FY18 Gujarat Alkalies and Chemicals posts impressive Q3FY18 Nidhi Jani / Tuesday, February 6, 2018 / Article rating: 5.0 The 15MW solar plant and chloromethane upgradation and debottlenecking projects are under progress and are expected to be commissioned during the current financial year.
Tata Chemicals posts a hike of 188 per cent in profits for Q3FY18 Tata Chemicals posts a hike of 188 per cent in profits for Q3FY18 Nikita Singh / Tuesday, February 6, 2018 / Article rating: 5.0 Chemicals major Tata Chemicals posted its third quarter results for FY18 on Tuesday. The company recorded a hike in its net profit by 188 per cent to Rs. 759 crore for the corresponding quarter. The company ’s profit after tax from continuing operations stood at Rs. 545 crore, up by 176 per cent for the period.
Overnight Digest: Stocks to look out for on February 7 Overnight Digest: Stocks to look out for on February 7 Nikita Singh / Tuesday, February 6, 2018 / Article rating: 5.0 The stocks that are expected to record a significant movement on the bourses on February 7, 2018 are Bajaj Electricals Limited, KEC International Limited, Castrol India Limited, Shalby Limited and Dalmia Bharat Limited.
Midcap Bears look exhausted may initiate reversal Midcap Bears look exhausted may initiate reversal Bhagyashree Vivarekar / Tuesday, February 6, 2018 / Article rating: 5.0 Well-before the Indian benchmark indices witnessed the reversal from their all-time high levels, the broader market Bulls were already exhausted and now the indicators and oscillators depict bottom finishing and reversal, may be in a couple of sessions.
KEC International reports PAT growth of 79 per cent KEC International reports PAT growth of 79 per cent Amir Shaikh / Tuesday, February 6, 2018 / Article rating: 5.0 The company’s current order backlog stands at Rs. 17,148 crore. This provides good revenue visibility in coming fiscals.
Bitcoin slips below US$6,000 Bitcoin slips below US$6,000 Gayathri Udyawar / Tuesday, February 6, 2018 / Article rating: 5.0 Bitcoin, the leading cryptocurrency, which had become a sought-after alternative investment in 2017, slumped below US$6,000 on Tuesday. Amidst the global stock market sell-off, Bitcoin also faced selling pressure.
Lupin posts poor bottom-line in Q3FY18 Lupin posts poor bottom-line in Q3FY18 Rohan Takalkar / Tuesday, February 6, 2018 / Article rating: No rating Leading pharmaceutical company Lupin posted poor performance in its latest quarterly results. The top-line and bottom-line declined substantially for the quarter.
Siemens posts 19 per cent growth in bottom-line Siemens posts 19 per cent growth in bottom-line Amir Shaikh / Tuesday, February 6, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 190.5 crore, yoy increase of 18.5 per cent.
AIA Engineering posts subdued Q3FY18 AIA Engineering posts subdued Q3FY18 Rohan Takalkar / Tuesday, February 6, 2018 / Article rating: No rating AIA Engineering reported subdued performance in Q3FY18 due to declining revenues and contracted margins for the quarter. The consolidated revenue for the quarter declined by 5.7 per cent yoy and rose 2.3 per cent qoq to Rs. 572 crore for Q3FY18 as compared to Rs. 608 crore in previous year corresponding quarter.