Cabinet approves Rs 2.11 lakh crore recapitalisation package for PSU banks. Very strong on #SBIN #PNB #ANDHRABANK #BANKBARODA #SYNDIBANK #ORIENTBANK
Lupin: Receives U.S. FDA approval for generic Lodosyn tablets used for the treatment of Parkinson’s disease.
SAIL supplied 33,500 metric tonnes of steel for Agra -Lucknow expressway.
Dish tv to get benefit from r-com shutting down DTH business. DTH customers are migrating.
Mahindra cie: Margn% 13.2 vs 11.6.Revenue up 34% at 1590
Saregama India (Q2, YoY):Revenue up 76% to Rs 84.5 cr. EBITDA up 275% to Rs 7.5 cr. Margin at 8.9% versus 4.2%. Profit up 125% to Rs 4.5 cr.
Sector to watch:
Positive: PSU Bank, Infra, Cement
Stocks to watch:
Positive: #LUPIN #SAIL #DISHTV #MAHINDCIE #SAREGAMA #AMBUJACEM