BHEL bags India’s largest power contract worth Rs 20,400 crore from Telangana.
Quess Corp to acquire 70 percent stake in Vedang Cellular Services for Rs 40 cr.
Delta Corp signs pact to lease space for Casino at Marriott Hotel in Nepal.
GVK Power confirmed it has received the order for Navi Mumbai Airport
RBL Bank (Q2FY18 YoY): NII up 38.7 % to Rs 420.2 cr. Net profit up 67.8 % to Rs 151 cr. Gross NPA at 1.44 % versus 1.46 % (QoQ). Net NPA at 0.78 % versus 0.81 % (QoQ)
PNB Housing (Q2FY18 YoY): Net Interest Income grew 69 % to Rs 386 cr. Net Profit up 51 % to Rs 208 cr. GNPA at 0.34 %, Net NPA at 0.26 %.
Everest Industries (Q2FY18 YoY) Revenues up 7.5 % at Rs 259 cr. Net profit at Rs 4.5 cr versus loss of Rs 8 cr. EBITDA at Rs 11 cr versus EBITDA loss of Rs 2 cr. Margins at 4.2 % versus -0.9 %.
Sector to watch:
Positive: PSU Bank
Stocks to watch:
Positive: #BHEL #QUESS #GVKPIL #DELTACORP #RBLBANK #PNBHOUSING #EVERESTIND