DSIJ Mindshare

Gabriel India posts stable Q4FY18 numbers

Rohan Takalkar 0 1371 Article rating: 5.0

Gabriel India reported strong set of numbers across the board with strong revenue and bottom-line. The total revenue for the quarter rose by 16.1 per cent yoy and 11.1 per cent qoq to Rs. 497 crore in Q4FY18 vs Rs. 428 crore in Q4FY17 and Rs. 447 crore in Q3FY18, while on a full-year basis to Rs. 1,093 crore in FY18 vs Rs. 636 crore in FY17.

Benchmarks beat consolidation, broader markets still gloomy

Bhagyashree Vivarekar 0 930 Article rating: 5.0

Despite the positive closure of 0.8 per cent in the benchmark indices, market breadth remained slightly weak with 1,123 advances and 1,542 declines. This was in the wake of relative underperformance from the broader markets. There has been a tremendous divergence in both since the start of May 2018.

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