Stocks likely to be in focus on Monday owing to Q2 results on Saturday, Oct 26 Stocks likely to be in focus on Monday owing to Q2 results on Saturday, Oct 26 Shohini Nath / Friday, October 26, 2018 0 1484 Article rating: 5.0 The following stocks could be in focus in Monday’s trading session in light of their results: Punj lloyd, Divi's Laboratory, Salzer Electronics, Sintex Industries and Vinati Organics. Read more
ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves Nidhi Jani / Friday, October 26, 2018 0 1347 Article rating: 4.0 The net interest income (NII) for Q2FY19 came in at Rs. 6418 crore as against Rs. 5709 crore as compared to the corresponding quarter last year, an increase of 12.4 per cent. Also, the net interest margin (NIM) stood at 3.33 per cent as against 3.19 per cent for Q2FY18. Read more
UFO Moviez announces acquisition, stock spikes up UFO Moviez announces acquisition, stock spikes up Bhagyashree Vivarekar / Friday, October 26, 2018 0 1351 Article rating: No rating The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up. Read more
Private banks drag down benchmark indices, Nifty Bank tanks Private banks drag down benchmark indices, Nifty Bank tanks Gayathri Udyawar / Friday, October 26, 2018 0 1697 Article rating: 5.0 The most tracked index in the stock market Nifty Bank bleeded on Friday and lost close to 400 points and closed at 24,421.05 down by 1.60 per cent. BSE BankEx was down by 1.97 per cent. Major private bank stocks Yes Bank, Axis and IndusInd Bank lost the most. Read more
Bharat Electronics Q2FY19 profit spikes 39 per cent Bharat Electronics Q2FY19 profit spikes 39 per cent Nidhi Jani / Friday, October 26, 2018 0 1489 Article rating: 4.3 During H1FY19, the company secured new orders amounting to Rs. 14,338 crore. The total order book as on October 1, 2018, stood at Rs. 48,995 crore. Read more