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Buyers and sellers were not known immediately.
Source: Bloomberg
SKF India
Shriram City union Finance
Mphasis
Buyers and sellers were not known immediately.
Source: NOAA; U.S. Department Of Commerce
Buyers and sellers were not known immediately.
Source: Bloomberg
Key highlights from the conversation:
Shares of the alcohol manufacturer rose as much as 6.6 percent to Rs 1,200, its highest level in three months.
The board of GM Breweries Ltd. has recommended a dividend at the rate of 30 percent or Rs 3 per share, the company said in an exchange filing. The board has also recommended a bonus issue of shares in the ratio of 1:4.
The stock has risen for four trading sessions this week and has given positive returns of 20.1 percent so far this year as compared to Sensex’s negative returns of 1.5 percent in the same times period.
InterGlobe Aviation Ltd., parent of India’s largest airline IndiGo, remains investors’ preferred stock among peers despite engine troubles grounded its flights in March.
The stock has outperformed Jet Airways Ltd. and Spicejet Ltd. so far this year despite cancelled flights, a weaker rupee and higher fuel prices. (More details here)
Shares of the auto parts maker fell as much as 8.9 percent, most in almost eight months, to Rs 89.4 which was the lowest level achieved in a little over nine months.
An investor in Sona Koyo Steering Systems Ltd., JTEKT Corporation Ltd., has proposed to sell up to 35 lakh shares to retail and non-retail investors on both the exchanges, according to the company’s exchange filing.
The company is the second smallest amongst its Bloomberg peers with a market cap of around Rs 1,821 crores. Trading volume was 27.3 times the 20-day average. The stock has given negative returns of 15.7 percent so far this year.
Key highlights from the conversation:
Shares of the budget carrier snapped its longest winning streak in over a month and fell as much as 2.4 percent, the most since March 19, to Rs 1,413.75.
The airline operator dropped out of the race to acquire the debt-laden Air India, according to its stock exchange notification.
InterGlobe trades at 30.8 times trailing 12-month earnings per share and 21 times its estimates for the coming year.
Shares of the real estate developer rose as much as 10.8 percent, the most in over two months to Rs 564, after the company said that its new sales volume in the fourth quarter rose 40.4 percent at 10.15 lakh square feet, according to its stock exchange notification.
New sales value increased 30 percent, and price realisations declined 7.5 percent, the statement added.
Trading volume was 85.6 times its 20-day average. The stock declined 10 percent so far this year.
Shares of the non-banking financial services provider fell as much as 7.5 percent, the most in two months to Rs 154, after 10 percent equity or about 2.4 crore shares changed hands in block deals, according to Bloomberg data.
Buyers and sellers were not known immediately.
Trading volume was 2,647.3 times its 20-day average. The stock has declined 2.5 percent so far this year, compared to the gain of 29 percent in the past 12 months.
How Indian ADRs fared overnight.https://t.co/uWLTLNsSQE pic.twitter.com/KWUa4obWQx
— BloombergQuint (@BloombergQuint) April 6, 2018
CBDT wants to crack down on high networth individuals from fleeing the country.https://t.co/SZJUTW8jva pic.twitter.com/ce8iKA1ZLT
— BloombergQuint (@BloombergQuint) April 6, 2018
Here's what experts made of the April monetary policy review.https://t.co/Zei1tZPM2O pic.twitter.com/oqUSUr6AUL
— BloombergQuint (@BloombergQuint) April 5, 2018
The revenue multiplexes earn by selling everything from samosas and popcorns to colas and milkshakes faces a potential risk.https://t.co/aOZbnG0Ymc pic.twitter.com/7Pcc32NHLz
— BloombergQuint (@BloombergQuint) April 5, 2018
GM Breweries (Q4, YoY)
IndiGo says it’s not capable of acquiring and turning around all of Air India’s operations. https://t.co/ASTQUNQ1bN pic.twitter.com/63afctpfqa
— BloombergQuint (@BloombergQuint) April 5, 2018
RCom hopes to cut debt by Rs 25,000 crore from asset sale.https://t.co/aY8pAuOYV3 pic.twitter.com/cLb61kdlbk
— BloombergQuint (@BloombergQuint) April 5, 2018
Here are some key events for the remainder of this week:
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