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.
Consolidated revenue from operations showed a massive 252 percent on year increase at Rs 19 crore against Rs 5.4 crore reported in corresponding quarter last year.
L&T Infotech acquired Ruletronics of $7.48 million, including up-front consideration and earn-outs.
On January 16, Jet Airways shares plunged 8% after a media report said shareholder Etihad Airways offered to invest in the company at a price which is nearly half of January 15 closing price
The breadth of the market favoured the advances with 899 stocks advancing and 636 declining while 521 remained unchanged. On the BSE, 965 stocks advanced, 697 declined and 109 remained unchanged.
While maintaining a buy call on the stock, CLSA said more management changes are likely at the top level as new CEO has been preparing a new team.
The company's third quarter net profit increased by 51 percent at Rs 86.1 crore despite higher provisions.
'We would be looking at 30 percent plus guideline remaining for the next fiscal,' said Zee Entertainment's CEO Punit Goenka
The top gainers from NSE included Indiabulls Housing Finance, Grasim Industries, Wipro, GAIL India and IndusInd Bank while the top losers included UPL, JSW Steel, HUL, Asian Paints and Bajaj Finance.
Company is in the process to move ahead with the next step of filing its application for registration (R2) with IRDAI to undertake life insurance business in India.
ICRA upgraded the company's long term rating to "BBB+" with a stable outlook from BBB (Stable).
Citi said Edelweiss Financial is confident of maintaining strong asset quality.
The company has received LOI for 12 rakes of BLC type wagons valuing Rs 152 crore.
The company has been granted 1 product patent from Australia and 1 product patent from Singapore corresponding to the new chemical entities.
Revenue of the company rose to Rs 458 crore versus Rs 435 crore.
HSBC sees better operating margin trend for its hospitals business and said the new hospital momentum is likely helped in Q3FY19.
The board of directors of the company at its meeting on January 17, 2019, will consider a proposal for the merger of its wholly owned subsidiary.
Etihad Group CEO Tony Douglas has written a letter to SBI Chairman on Jet restructuring
The breadth of the market favoured the advances with 986 stocks advancing and 511 declining while 557 remained unchanged. On the BSE, 1082 stocks advanced, 554 declined and 65 remained unchanged.
Revenue rose 24 percent to Rs 98.45 crore versus Rs 79.30 crore.
Revenue of the company was up 17.9 percent at Rs 2,167 crore against Rs 1,838 crore.
The board of directors will consider the proposal of voluntary delisting of the company's equity shares from the BSE.