The share touched its 52-week high of Rs 18.78 and its 52-week low of Rs 5.94 on November 30, 2018 and August 23, 2019 respectively.
Consolidated revenue jumped 37.35 percent YoY to Rs 973.18 crore in Q2 FY20
Presently three units of CPP, each of 120 MW capacity are under shutdown and further one more unit will be taken under shutdown due to coal shortage.
The company reported a consolidated net loss of Rs 84.70 crore in the July-September quarter a year ago,
During Q2 FY19-20, the company raised $175 million through ECB route. The company also raised NCD of Rs 500 crore.
Kotak Institutional Equities, Sharekhan and Motilal Oswal expect second-quarter profit growth in the range of 20-30 percent compared to the year-ago.
DB Corp reported a 9 percent year-on-year decline in consolidated revenue due to 12 percent and 2 percent fall in print advertising and circulation revenue respectively.
UBS said it has raised the target PE multiple to 23x one-year forward, a 25 percent discount to the five-year average.
Zomato's revenue grew significantly to $205 million in first half of FY20, against $63 million in same period last year, the data available on its website show.
The rating committee of CRISIL has reaffirmed the long-term rating of Indiabulls Housing Finance at “CRISIL AA+”. The short-term rating has been reaffirmed at “CRISIL A1+”.
Research house Macquarie has maintained an outperform call on the stock with a target at Rs 592 per share
Citi said it does not think electric vehicles (EVs) will contribute much to Bajaj Auto's volumes or profits over the medium term and added it awaits technical details, in addition to the final price
SBI and IAG currently own 70 percent and 26 percent stake.
"At 5.1 times forward PBV (price to book value), there is no margin of safety," said Macquarie, adding that the material bump-up in ticket sizes in some geographies is an area of concern.
Jefferies maintained buy rating while it cut target to Rs 120 from Rs 123 per share.
CRISIL assigned 'A' rating to company's long-term bank facilities and placed on ‘Rating Watch with Positive Implications'.
The board has declared an interim dividend of Rs 3 (30 percent) per equity share of par value Rs 10 each
Zee Entertainment | Suven Life | Mindtree | Edelweiss Financial | Bajaj Consumer and Shree Cement are stocks which are in the news today.
SK Growth Fund acquired 2,45,459 shares of newly listed Vishwaraj Sugar Industries at Rs 60.35 per share.
New India Assurance Company was locked at 20 percent upper circuit at Rs 113.75, but ICICI Lombard General Insurance Company fell 6 percent following premium collections data.
The company has reported 56.7 percent jump in its Q2FY20 profit to Rs 416.7 crore against Rs 266 crore in the same period last year.
Earnings before, interest, tax, depreciation and amortization (EBITDA) rose 31.9 percent at Rs 9.9 crore, while margin was up 190 bps at 7.2 percent.
On October24, the board to consider unaudited standalone and consolidated financial results for the quarter ended September 30, 2019.
The top Nifty50 gainers include BPCL, Zee Entertainment, Grasim Industries, Bajaj Finance and Wipro while the top losers are Vedanta, Hindalco Industries, Asian Paints, Hero MotoCorp and ITC.
The company was the lowest bidder for the above project and construction for the same is to be completed in 36 months.