Gold Silver Reports (GSR) – Manpasand Beverages Gains On Agreement With Parle – Shares of the Vadodara-based fruit juice maker rose as much as 2.88 percent to Rs 392.65 after it signed an agreement with Parle to jointly distribute brands in Western India beginning with Gujarat.
Vijaya Bank Rises After March Quarter Earnings
Shares of the Bangalore-based government-owned bank rose as much as 5.34 percent to Rs 63.15 after it reported March quarter earnings.
Key earnings highlights:
✅ Net interest income up 21 percent at Rs 1,196.54 crore versus Rs 989.5 crore (YoY)
✅ Net profit up 1.5 percent at Rs 207 crore versus Rs 204 crore (YoY)
✅ Gross non-performing assets (NPAs) as a percentage of total advances at 6.34 percent versus 6.17 percent (QoQ)
✅ Net NPA as a percentage of total advances at 4.32 percent versus 3.99 percent (QoQ)
Power Grid Rises After Block Deal
Shares of the Gurugram-based government-owned company rose 1 percent to Rs 209.
The stock had 43.7 lakh shares changed hands in a block.
