Ola Electric's IPO, the first such offer from an Indian electric two-wheeler manufacturer, will open for subscription on August 2 and close on August 6
India's GDP for the Jan-March quarter accelerates to 6.1%, beats economists' estimates by a significant amount. What led to this blowout GDP growth & why did economists get the numbers wrong? Here's a look into the overall India growth story, with top economists. Watch!
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The company has reported 56.8 percent decline in its consolidated Q3 net profit at Rs 13 crore against Rs 30.1 crore, in the same quarter last year.
The company's Q4 (Oct- Dec) net profit was down 8.7 percent at Rs 167.3 crore against Rs 183.2 crore, in the same quarter last fiscal.
Fiem Industries has registered 42 percent decline in its Q3 net profit at Rs 9.1 crore and total income was down 9 percent at Rs 235.4 crore.
Total income of the company rose 20.3 percent at Rs 3311.4 crore versus Rs 2,752.1 crore.
The company's operating profit (EBITDA) rose 143 percent at Rs 22.2 crore and operating margin was up 510 bps at 11.5 percent.
The company's third quarter (Oct-Dec) consolidated net profit increased by 15 percent at Rs 47.6 crore against Rs 41.1 crore, reported in the quarter ended September 2016.
CLSA has upgraded the stock to buy from underperform and also increased target price to Rs 500 from Rs 372 after raising EPS forecasts by 9-24 percent.
Electrosteel Steels' Q3 net loss increased to Rs 413 crore from loss of Rs 232 crore.
The company has registered 102 percent rise in its US formulation sales at Rs 1,231 crore, while India formulation sales was up 5.9 percent at Rs 516.8 crore.
The board has also considered the commencement of commercial production of stabilizers and electric water heaters in March 2017 at the new manufacturing facilities set up at Sikkim.
The company‘s Q3 (Oct-Dec) consolidated net profit was up 75 percent at Rs 10.5 crore against Rs 6 crore, in the same quarter last fiscal.
The government has asked Aircel to help its 2G mobile customers port their numbers to other telephony operators in case the Supreme Court was to pass an adverse order
The company has reported jump of 46.8 percent in the consolidated net profit for the quarter ended December 2016 at Rs 11.2 crore against Rs 7.6 crore, for the quarter ended September 2016.
The company's Q3 (Oct-Dec) net profit increased by 31.7 percent at Rs 244.8 crore against Rs 185.9 crore, in the same quarter last year.
CESC has reported 2.5 percent jump in the Q2 (July-Sept) net profit at Rs 242 crore against Rs 236 crore, in the same quarter last fiscal.
The company has registered 58.3 percent decline in its consolidated Q2 (July-Sept) net profit at Rs 64.5 crore from Rs 154.5 crore, in the same quarter last year.
BGR Energy Systems' Q2 net profit increased by 37.5 percent at Rs 11 crore, while total income was down at Rs 827.6 crore.
The company's Q2 (July-Sept) consolidated net profit was up 54.4 percent at Rs 19.3 crore against Rs 12.5 crore, in the same quarter last fiscal.
The company's consolidated Q2 (August-September) net profit rose 48.1 percent at Rs 108.1 crore versus Rs 73 crore, in the same quarter last year.
Dhampur Sugar Mills has turned profitable as it has reported net profit of Rs 39.9 crore for quarter ended Sept 2016 versus loss of Rs 7 crore.
The company has reported 155 percent jump in its Q2 (August- September) net profit at Rs 26.5 crore versus Rs 10.4 crore, in the same period last fiscal.
The company's consolidated net profit was up 69 percent at Rs 24 crore against Rs 14.2 crore, in the same period last year.