Proficient Analysis & views for Apr 30.
Jagran Prakashan to buyback upto 1.5 crore shares or 4.82 % equity at a price of Rs 195. (CMP- Rs. 165) MCX Q4 (YoY): Revenue up 13 % at Rs 70.6 crore. Net Profit up 56.5 % at Rs 34.2 crore. Ebitda up 77 % at Rs 23 crore. Margin at 32.5 % versus 20.7 %. RBL Bank Q4...
Proficient Analysis & views for Apr 25.
Kitex Garments will form two new subsidiaries and invest Rs 200 crore in each of them. Zydus Cadila gets final approval from U.S. FDA for Methylprednisolone. Syngene International Q4 (YoY): Revenue up 40.5 % at Rs 409 crore. Net profit up 8 % at Rs 84 crore. Margin at...
Proficient Analysis & views for Apr 25.
Raymond board approves Rs 300 crore development plan for 20 acres land at Thane. Autoline Industries in pact with Tae Sung, Korea. Ashoka Buildcon executes concession pact for Karnataka road project. Strides Shasun will Divest Its Stake In Stride Chemicals For Rs 131...
Proficient Analysis & views for Apr 24.
US reconsiders penalties against Russian competitor. LME Aluminum post biggest drop since 2009. Very Negative for #Vedl #Hindalco #Nalco Government Exploring Sugar Cess And A GST Cut On Ethanol. Positive for #Sugar Industry. #AVADHSUGAR #BALRAMCHIN #DWARKESH to be on...
Weekly report as on 23.04.2018
Nifty (CMP: 10464) After 4 weeks of consecutive fall, Nifty rose for 4 weeks & continues to maintain above all the major moving averages, which is a significant sign of strength. However, for the new found strength to survive, Nifty now must not close below 10390...
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