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 0 3715 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. Read more
Paper stocks face dilemma of rise in pulp prices Paper stocks face dilemma of rise in pulp prices Bhagyashree Vivarekar / Tuesday, February 13, 2018 0 2972 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. Read more
What should you be doing with your MFs now? What should you be doing with your MFs now? Shashikant Singh / Tuesday, February 13, 2018 0 1702 Article rating: 4.0 You need to tactfully keep on booking profit and rebalance your portfolio to minimise LTCG burden. Read more
Vakrangee hits upper circuit on capital allocation policy Vakrangee hits upper circuit on capital allocation policy Nikita Singh / Monday, February 12, 2018 0 2716 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. Read more
Bank Nifty surges nearly 1 per cent; still indecisive Bank Nifty surges nearly 1 per cent; still indecisive Amir Shaikh / Monday, February 12, 2018 0 1499 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. Read more