The company has signed a contract with GFGNL for implementing BharatNet Phase II project in one of the two packages in the state of Gujarat.
The breadth of the market favoured the declines with 580 stocks advancing and 1120 declining while 373 remained unchanged. On the BSE, 926 stocks advanced, 1589 declined and 165 remained unchanged.
Revenue of the company rose 21.9 percent at Rs 1,310.5 crore versus Rs 1,075.3 crore.
The top gainers from NSE included Sun Pharma, Reliance Industries, Infosys, Bajaj Finserv and HDFC Bank while the top losers included Bajaj Auto, Hero MotoCorp, Indian Oil Corporation, Bharti Infratel and BPCL.
Company's profit for December quarter grew by 21 percent year-on-year to Rs 95.33 crore and net interest income increased by 39 percent to Rs 348 crore with loan portfolio growth of 62 percent YoY.
The work orders includes Rs 535.53 crore of work order from Sumer Corporation for construction of SRA Rehab Building at Chandivali, Mumbai.
Imatinib stops the cancer cells from growing and is indicated for treating cancers like Leukemia and some Gastro-lntestinal tumors.
The breadth of the market favoured the advances with 829 stocks advancing and 704 declining while 529 remained unchanged. On the BSE, 922 stocks advanced, 751 declined and 87 remained unchanged.
A weaker rupee is seen as a positive cue for IT companies as it means better international revenue.
Total income of the lender, however, improved to Rs 1,921.93 crore during the quarter under review, as against Rs 1,735.77 crore in the year-ago period, South Indian Bank said in a regulatory filing.
According to a report by The Hindu Business Line, the Serious Fraud Investigation Office (SFIO) has asked for cancellation of banking licence on the back of its allege involvement in the NSEL scam.
L&T had proposed to buy back up to 6.1 crore shares from shareholders at a price of Rs 1,475 per equity share, aggregating to Rs 9,000 crore. The offer was open to those holding equity shares as on October 15.
IDFC First Bank | Vascon Engineers | Vodafone Idea | Mahindra Rural Housing Finance | Ashirwad Steels and NTPC are stocks, which are in news today.
For the uninitiated, a delisting offer from BOC Group to Linde India shareholders opened on Friday. The company is reported to have made an offer to buy over 2 crore shares at Rs 428.5 apiece.
The breadth of the market favoured the declines with 538 stocks advancing and 1083 declining while 434 remained unchanged. On the BSE, 839 stocks advanced, 1376 declined and 141 remained unchanged.
Imatinib Mesylate Tablets is a generic equivalent of the reference listed drug (RLD), gleevec Tablets.
The breadth of the market favoured the declines with 574 stocks advancing and 977 declining while 498 remained unchanged. On the BSE, 703 stocks advanced, 1034 declined and 100 remained unchanged.
Revenues and EBITDA have missed estimates, IIFL wrote in a report.
The lender reported a growth of 21 percent in its profit for Q3 at Rs 95.3 crore. The net interest income jumped 39 percent to Rs 348 crore.
According to Moneylife magazine, between 2014 and 2017, Aditya Medisales (AML) has had over Rs 5,800 crore of transactions with Suraksha Realty, controlled by Sun Pharma’s co-promoter, Sudhir Valia.
Reliance Industries | Hindustan Unilever | Lupin | Aurobindo Pharma | Rallis India | Cyient and L&T Technology Services are stocks which are in the news today.
Revenue shed 57 percent at Rs 35.1 crore against Rs 82 crore.
The top gainers from NSE included Bharti Infratel, GAIL India, HPCL, Mahindra & Mahindra and Indian Oil Corporation while the top losers included YES Bank, State Bank of India, Zee Entertainment, Hindalco Industries and Eicher Motors.
The company has experienced team, investing in brand and own capacities to drive growth, said Ambit Capital.
Retail/digital business profits are likely to grow by 6 percent/ 10 percent sequentially, IDBI Capital said.