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KNR Construction Q1 PAT may dip 40.8% YoY to Rs. 40 cr: HDFC

BUSINESS

KNR Construction Q1 PAT may dip 40.8% YoY to Rs. 40 cr: HDFC

Net Sales are expected to decrease by 2.3 percent Y-o-Y (down 24.8 percent Q-o-Q) to Rs. 470 crore, according to HDFC.

Ashoka Buildcon Q1 PAT may dip 3.5% YoY to Rs. 60 cr: HDFC

BUSINESS

Ashoka Buildcon Q1 PAT may dip 3.5% YoY to Rs. 60 cr: HDFC

Net Sales are expected to decrease by 3.1 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 700 crore, according to HDFC.

Vivo Nex launched in India at Rs 44,990; features in-display fingerprint sensor, pop-up selfie camera

TECHNOLOGY

Vivo Nex launched in India at Rs 44,990; features in-display fingerprint sensor, pop-up selfie camera

The device packs in a lot of innovative features which include in-display fingerprint sensor where the entire bottom half of the screen can scan your fingerprint and a pop-up selfie camera

Kotak Mahindra Bank shares slips 2% after provisions more than doubled in Q1

BUSINESS

Kotak Mahindra Bank shares slips 2% after provisions more than doubled in Q1

The bank’s net interest income grew by 15 percent to Rs 2,583 crore in Q1 from Rs 2,245.5 crore in the year ago period.

PNC Infratech Q1 PAT seen up 208.8% YoY to Rs. 76 cr: HDFC

BUSINESS

PNC Infratech Q1 PAT seen up 208.8% YoY to Rs. 76 cr: HDFC

Net Sales are expected to increase by 96.6 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 691 crore, according to HDFC.

Sadbhav Engineering Q1 PAT may dip 4.8% YoY to Rs. 53 cr: HDFC

BUSINESS

Sadbhav Engineering Q1 PAT may dip 4.8% YoY to Rs. 53 cr: HDFC

Net Sales are expected to increase by 8.5 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 1,024 crore, according to HDFC.

Kotak Mahindra Bank Q1 net profit up 12.3% at Rs 1,025 cr, provisions up 130%

BUSINESS

Kotak Mahindra Bank Q1 net profit up 12.3% at Rs 1,025 cr, provisions up 130%

Asset quality remained stable for the bank in the first quarter ended June 2018

NCC Q1 PAT seen up 21.7% YoY to Rs. 77 cr: HDFC

BUSINESS

NCC Q1 PAT seen up 21.7% YoY to Rs. 77 cr: HDFC

Net Sales are expected to increase by 9.6 percent Y-o-Y (down 5.9 percent Q-o-Q) to Rs. 2,206 crore, according to HDFC.

Dilip Buildcon Q1 PAT seen up 220.7% YoY to Rs. 195 cr: HDFC

BUSINESS

Dilip Buildcon Q1 PAT seen up 220.7% YoY to Rs. 195 cr: HDFC

Net Sales are expected to increase by 73.6 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 2,350 crore, according to HDFC.

Bajaj Finance Q1 standalone net profit up 83% YoY on higher interest income

BUSINESS

Bajaj Finance Q1 standalone net profit up 83% YoY on higher interest income

The NBFC's assets under management (AUM), as on June 30, were 25 percent higher than at the end of the June quarter last year, at Rs 86,042 crore

RBL Bank shares correct 3% after provisions spike sharply in Q1

BUSINESS

RBL Bank shares correct 3% after provisions spike sharply in Q1

Provision coverage ratio at the end of June quarter stood at 60.41 percent, which was improved from 57.99 percent in June 2017 and 57.57 in FY18.

Ashok Leyland plunges nearly 5%; brokerages cut target price up to Rs 99

BUSINESS

Ashok Leyland plunges nearly 5%; brokerages cut target price up to Rs 99

The share closed down 14 percent at Rs 110.60 in the previous trading session.

Seven Hills to Seven Continents: NRIs offer to buy foreign coins worth Rs 1cr-1.5cr from Tirumala temple

INDIA

Seven Hills to Seven Continents: NRIs offer to buy foreign coins worth Rs 1cr-1.5cr from Tirumala temple

The proposal states that small sachets of coins worth $20 will be packed with sacred cloth and market them. It will be sent to NRIs via international courier services

Havells Q1 preview: Net profit seen rising 60.4% to Rs 194.8 crore

BUSINESS

Havells Q1 preview: Net profit seen rising 60.4% to Rs 194.8 crore

According to analysts polled by Reuters, the company is seen reporting a rise of 29.8 percent in its sales to Rs 2,415.5 crore for the quarter under review

Buy Emami, target Rs 606: Achin Goel

BUSINESS

Buy Emami, target Rs 606: Achin Goel

Traders can accumulate the stock in the range of Rs 548-552 for the target of Rs 606 and a stop loss placed below Rs 524, says Achin Goel of Bonanza Portfolio.

RBL Bank Q1 profit rises 35% to Rs 190 cr, asset quality stable but provisions higher

BUSINESS

RBL Bank Q1 profit rises 35% to Rs 190 cr, asset quality stable but provisions higher

Net interest income, the difference between interest earned and interest expended, shot up 46 percent year-on-year to Rs 552.70 crore for the quarter ended June 2018.

$2.7 lakh in 2 months! Trump's top-dollar political ad spend on Facebook

WORLD

$2.7 lakh in 2 months! Trump's top-dollar political ad spend on Facebook

The US President and his political action committee (PAC) spent about USD 274,000 on the ads since early May and more than 37 million people have viewed them

Buy Castrol India, target Rs 176: Achin Goel

BUSINESS

Buy Castrol India, target Rs 176: Achin Goel

Traders can accumulate the stock in the range of Rs 157-160 for the target of Rs 176 with a stop loss below Rs 153, says Achin Goel of Bonanza Portfolio.

Accumulate Ashok Leyland, target Rs 127: Achin Goel

BUSINESS

Accumulate Ashok Leyland, target Rs 127: Achin Goel

Traders can accumulate the stock in the range of Rs 109-111.50 for the target of Rs 127 and a stop loss placed below Rs 104, says Achin Goel of Bonanza Portfolio.

GHCL declines 4% as Q1 profit down to Rs 62 crore

BUSINESS

GHCL declines 4% as Q1 profit down to Rs 62 crore

Revenue was up by 1 percent to Rs 757 crore against to Rs 748 crore.

'Bull market still intact, Nifty likely to see 10% upside this year but midcaps in bear phase now'

BUSINESS

'Bull market still intact, Nifty likely to see 10% upside this year but midcaps in bear phase now'

Currently 10 stocks are at 52-week low for 1 stock at 52-week high in the NSE 500 index, Atul Suri of Marathon Trends PMS said.

In pics: Kawasaki launches black-coloured variant of Z900RS at Rs 15.3 lakh

TRENDS

In pics: Kawasaki launches black-coloured variant of Z900RS at Rs 15.3 lakh

The Kawasaki Z900RS earlier came with two retro paint options- Candytone Orange and Candytone Brown

Reliance Capital, PFC, Capital First, Equitas Holdings, Ujjivan Financial to get astrological support: Satish Gupta

BUSINESS

Reliance Capital, PFC, Capital First, Equitas Holdings, Ujjivan Financial to get astrological support: Satish Gupta

Reliance Capital, Power Finance Corporation, Capital First, Equitas Holdings and Ujjivan Financial Services will get astrological support, says Satish Gupta of astrostocktips.

UTI Healthcare Fund's co-fund manager Ritesh Rathod resigns

BUSINESS

UTI Healthcare Fund's co-fund manager Ritesh Rathod resigns

UTI Healthcare Fund will now be solely managed V.Srivatsa

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