Month: May 2020

Shares of Housing Development Finance Corporation Ltd. traded 2.67 per cent up in trade at 10:36AM on Wednesday .   – Stocks-Markets-Economic Times

Going forward, the brokerage expects healthy growth and profitability on the back of strong brand, wide distribution network and new product launches.   – Stocks-Markets-Economic Times

Due to the nationwide COVID-19 lockdown, Rallis India said its operations were disrupted at certain manufacturing facilities and depots of the company.   – Stocks-Markets-Economic Times

Shares of State Bank of India traded 1.41 per cent up in trade at 10:28AM on Wednesday .   – Stocks-Markets-Economic Times

Shares of IndusInd Bank Ltd. traded 0.5 per cent up in trade at 10:23AM on Wednesday .   – Stocks-Markets-Economic Times

Shares of Reliance Industries Ltd. traded 1.18 per cent up in trade at 10:13AM on Wednesday .   – Stocks-Markets-Economic Times

Building on potential risk to FY21 growth and a back-ended recovery, the brokerage has further trimmed FY21/22E EPS 35/30 per cent.   – Stocks-Markets-Economic Times

In the 30-share pack Sensex, Bharti Airtel was the biggest gainer.   – Stocks-Markets-Economic Times

Shares of YES Bank Ltd. traded 1.5 per cent down in trade at 10:02AM on Wednesday .   – Stocks-Markets-Economic Times

The brokerage noted that while export volumes would earn lower EBITDA margins (likely ~Rs 5,000/t), it is still positive.   – Stocks-Markets-Economic Times