Motherson Sumi witnesses margin contraction in Q4FY18 Motherson Sumi witnesses margin contraction in Q4FY18 Rohan Takalkar / Wednesday, May 23, 2018 0 1540 Article rating: 5.0 Total revenue for the quarter rose by 34 per cent yoy to Rs. 15,407 crore in Q4FY18 vs Rs. 11,473 crore in Q4FY18. Also, for the full year revenue grew by 31 per cent yoy to Rs. 56,521 crore in FY18 vs Rs .43,157 crore in FY17. Read more
Top 5 mid-cap schemes that have outperformed Top 5 mid-cap schemes that have outperformed Nikhil Desai / Wednesday, May 23, 2018 0 1825 Article rating: 5.0 The small-cap and mid-cap themes which were the darling of the investors for the last couple of years are bleeding like anything now. The theme had served manifold returns to investors till the end of 2017. But the year 2018 dawned with huge challenges for these themes. Read more
MM Forgings surged 8 per cent post bonus declaration MM Forgings surged 8 per cent post bonus declaration Tanay Loya / Wednesday, May 23, 2018 0 2027 Article rating: 5.0 The shares of MM Forgings surged 8 per cent on the bourses, on Wednesday as the company decides to consider bonus issue as well as interim dividend as wells as a fund raising at its AGM, scheduled to be held on May 28, 2018. Read more
Imagining mutual fund industry five years from now Imagining mutual fund industry five years from now Shashikant Singh / Wednesday, May 23, 2018 0 1320 Article rating: 4.3 Mutual fund industry will change more in the next 5 years than what it changed in the last 20 years. Read on to find the major changes. Read more
Mukand surges by 3 per cent as Japanese firm buys stake in JV Mukand surges by 3 per cent as Japanese firm buys stake in JV Nikita Singh / Wednesday, May 23, 2018 0 1020 Article rating: 5.0 The share price of stainless steel manufacturer Mukand charted up by over 3 per cent in the intraday trade on Wednesday as a Japanese firm Sumitomo Corporation purchased 49 per cent stake in the joint venture of the company for an amount of Rs. 1181 crore. Read more