Total income declined to Rs 1,321.3 crore during January-March quarter of 2018-19 from Rs 1,354.3 crore in the same period in previous fiscal.
Sales rose 16 percent to Rs 1,669 crore in the reporting quarter, compared with Rs 1,433 crore in the same quarter last year, a company statement said.
Profit during the quarter increased to Rs 24.4 crore compared to Rs 0.7 crore in same period last year.
BASF India is in focus today after Emkay initiates a buy on the stock.
BASF India Ltd said it has inaugurated a pharma technical lab at its innovation campus in Navi Mumbai.
Mitessh Thakkar of mitsshthakkar.com advises selling Sell Bajaj Auto and Andhra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying BASF India, Tata Communications and Piramal Enterprises.
DLF | eClerx Services | Dilip Buildcon | TD Power | MOIL | GMDC | RCF | Ashoka Buildcon | Motilal Oswal | Omkar Speciality Chemicals | Artson | IDBI Bank | NDTV | Prime Focus | DHFL and Ortin Labs are stocks, which are in the news today.
Delhi-Based Crystal Crop Protection Pvt Ltd, which posted a turnover of around Rs 1,200 crore in the previous fiscal, did not disclose the acquisition value. BASF is the world's largest chemical producer.
Ashwani Gujral of ashwanigujral.com recommends buying Berger Paints, Indiabulls Housing Finance and BASF.
The said transaction is subject to approval by the relevant authorities and is expected to close by the end of 2016.
ITC | SBI | Maruti Suzuki | Tech Mahindra | BASF | Future Consumer | Grasim Industries | JSPL | Max Ventures | SKS Microfinance | Majesco | Bayer Cropscience | United Breweries Holdings | Bajaj Finance | Sobha | Shrenuj & Company | Sharon Bio Medicine and Asian Paints are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Housing Finance and BASF and advises selling OBC.
The company on Varinder‘s list today is the chemical company BASF who reported a net profit of Rs 76.8 crore against a loss of Rs 59.3 crore in the corresponding quarter last year.
In an interview of SP Tulsian of sptulsian.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, he shared his readings and outlook on market and specific stocks.
Jyotivardhan Jaipuria Founder & MD Veda Investment Managers says that stable sectors like IT and pharmaceutical are likely to report lower double-digit growth going forward.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jubilant Foodworks, Mahindra & Mahindra and BASF India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sun Pharma, BASF India and Ceat.
Budget is very strategic, it is obviously work in progress, and the nine pillars which the finance minister mentioned are great, says Ranjit Shahani, vice-chairman and managing director Novartis India