#GST Revenue collection for April 2018 exceeds Rs.1 lakh crore. (MOF)

IOC hikes Jet Fuel Prices to Rs 65340/kL  Vs Rs 61450/kL. Big Negative of #Aviation Sector.

Schneider Electric enters into definitive agreement with Larsen & Toubro to buy its electrical & automation business for an all-cash consideration of Rs 14,000 Crore.

BHEL secures an order valued at Rs. 536 crore for executing 900 MW Arun-3 Hydroelectric Project from SJVN Arun-3 Power Development Company (SAPDC), Nepal.

CEAT (Q4, YoY): Revenue up 14 % at Rs 1,674 crore. Net profit up 17 % at Rs 77 crore. Ebitda up 50 % at Rs 198 crore. Margin at 11.8 % versus 9 %.

April Auto Sales:

Escorts: 26% @ 6186 Vs 4899 units.

TVS Motor: 24% @ 304,795 Vs 246310 units.

Maruti: 172,986 units.

M&M: 4,8097 units.

Eicher Motors: 76,187 Units.

Tatamotors: domestic sales at 53,511 units.

Stocks To Watch:        



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