Markets may open in the red on negative global cues Markets may open in the red on negative global cues Karan Dsij / Wednesday, January 31, 2018 0 1879 Article rating: No rating Key Indian equity indices may open significantly lower as the Asian markets are under pressure in early trading as also due to the overnight fall on the Wall Street. The SGX Nifty indicates that the Nifty may open at 11,012 with a loss of 54 points. Read more
Godrej Consumer Products reports modest Q3FY18 result Godrej Consumer Products reports modest Q3FY18 result Amir Shaikh / Tuesday, January 30, 2018 0 1599 Article rating: 5.0 The company's PAT for the quarter stood at Rs 429.87 crore, an increase of 22.1% YoY. This increase was due to other income, which almost doubled to Rs 35.9 crore from Rs 18.9 crore in Q3FY17. Read more
Engineers India Q3FY18 bottomline jumped by 27.5 per cent YoY Engineers India Q3FY18 bottomline jumped by 27.5 per cent YoY Nidhi Jani / Tuesday, January 30, 2018 0 3032 Article rating: 4.0 The company's EBITDA for the quarter rose by 66.5 per cent YoY to Rs 135.6 crore, with a corresponding margin expansion of 359 bps. The EBITDA margin for the quarter stood at 28.6 per cent. Read more
KPIT surges post announcement of merger with Birlasoft KPIT surges post announcement of merger with Birlasoft Amir Shaikh / Tuesday, January 30, 2018 0 5054 Article rating: 4.5 CK Birla Group owned Birlasoft and KPIT have announced a merger to create an over US$700-million combined entity. The entity would be demerged into two separate companies later. Read more
Subros reports weak Q3FY18 result Subros reports weak Q3FY18 result Nidhi Jani / Tuesday, January 30, 2018 0 6855 Article rating: 4.3 Company has witnessed rise in material cost due to change in product mix, increased commodity prices, sales of new models compensated with cost optimization initiatives. Read more