Q3FY18 Results: Salasar Techno Engg registers 85.5 per cent surge in PAT Q3FY18 Results: Salasar Techno Engg registers 85.5 per cent surge in PAT Nidhi Jani / Wednesday, February 7, 2018 / Article rating: 5.0 The company's consolidated revenue for the quarter came in at Rs. 132.26 crore, registering 28.3 per cent yoy increase. EBITDA for the quarter rose by 61.9 per cent yoy to Rs. 14.75 crore with a corresponding margin expansion of 232 bps. EBITDA margin for the quarter stood at 11.2 per cent.
Gati posts subdued numbers for Q3FY18 Gati posts subdued numbers for Q3FY18 Nidhi Jani / Wednesday, February 7, 2018 / Article rating: 3.4 The company's consolidated revenue for the quarter came in at Rs 448.51 crore, registering an increase of 5.6 per cent YoY. This was primarily driven by revenue growth of 4 per cent in express distribution & supply chain, 8.5 per cent in fuel sales and 36.5 per cent in other sales.
Small cap stocks in the eye of fund managers Small cap stocks in the eye of fund managers Nikhil Desai / Wednesday, February 7, 2018 / Article rating: 4.7 In 2017, small-cap stocks have performed well and many fund managers have increased the exposure of their fund to small-cap stocks. According to our data analysis for all the holdings at the end of December 2017, 16 per cent of total value of assets under 550 mutual fund schemes is assigned to small-cap stocks.
RBI keeps repo rates unchanged RBI keeps repo rates unchanged Gayathri Udyawar / Wednesday, February 7, 2018 / Article rating: 5.0 The Reserve Bank of India has kept key rates unchanged in its sixth bi-monthly monetary policy review. MPC, however, cautioned against rising inflationary pressures.
SpiceJet flies high with robust quarterly performance SpiceJet flies high with robust quarterly performance Rohan Takalkar / Wednesday, February 7, 2018 / Article rating: 5.0 SpiceJet posted robust quarterly performance with strong revenue growth and healthy operational performance. The total revenue for the quarter rose by 29.1 per cent yoy and 15 per cent qoq to Rs. 2,068 crore in Q3FY18 as against Rs. 1,602 crore in previous year corresponding quarter. This was largely due to increase in capacity by 14 per cent.
Cipla PAT increases marginally in Q3FY18 Cipla PAT increases marginally in Q3FY18 Nidhi Jani / Wednesday, February 7, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 403.45 crore, yoy increase of 4.8 per cent. Decline in finance cost by 84.6 per cent was offset by jump in deprecation expenses by 102.7 per cent.
Ashok Leyland earmarks Rs. 100 crore for EV technology Ashok Leyland earmarks Rs. 100 crore for EV technology Amir Shaikh / Wednesday, February 7, 2018 / Article rating: 5.0 Ashok Leyland a part of Hinduja group is looking to invest around Rs. 100 crore in the electric vehicle (EV) technology over the next two-three years.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Wednesday, February 7, 2018 / Article rating: 5.0 Following stocks are close to their 52-week low as at 12.54 p.m. on February 7.
Yes Bank issues debut international bond to raise US$ 600 million Yes Bank issues debut international bond to raise US$ 600 million Nikita Singh / Wednesday, February 7, 2018 / Article rating: 5.0 Banking major Yes Bank rolled out the largest debut international bond issuance by an Indian bank on Wednesday to raise funds worth US$ 600 million under its US$ 1 billion MTN program.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Wednesday, February 7, 2018 / Article rating: 5.0 The markets on February 7 opened up. BSE Sensex is trading at 34,246.07, up by 50.13 points and the Nifty is trading at 10,521.60, up by 23.35 points.