Key earnings highlights (Q2, YoY):
✅ Revenue up 9.5 percent to Rs 6,161 crore.
✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.
✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.
✅ Revenue includes a one-off item of Rs 111 crore.
Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.
Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant – Shares of the Hyderabad-based drug maker fell as much as 2.61 percent to Rs 2,389 after it received eight observations, five of them a repeat of 2017 and warning letter of 2015, from the U.S. drug regulator at its Duvvada facility—crucial for future growth prospects in its largest market.
Gold Silver Reports (GSR) – Gold prices were steady in early Asian trade on Friday, after rising about 1.5 percent in the previous session, while the dollar inched up ahead of the U.S. payrolls data due later in the day.
IndusInd Bank Share Price 1400, Big Downfall Expected – Buy Karna Mana Hai
Gold Silver Reports (GSR) – RBL Bank Persistent Systems Shares Slip Sharply — HDFC Bank rose 2.2% to Rs 2010 after the company reported 20.6% increase in its net profit to Rs 5005.73 crore in September quarter from Rs 4151.03 crore a year ago. Persistent Systems Ltd fell 13% to Rs 577.60 after the company reported lower than expected earnings.
HCL Technologies Falls On Heavy Volumes — Shares of the Noida-based software services company fell as much as 4.94 percent to Rs 973.65 on heavy volumes.
Housing Finance Companies Extend Slide As Moody’s Sees More Pain – Shares of housing finance companies continued their losing streak on Friday.
Jet Airways Rises On Report Tata Sons May Buy Stake — Shares of the Mumbai-based troubled airline operator rose as much as 8.5 percent to Rs 234.90.
Reliance Industries Falls Despite Meeting Estimates In Q2 – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate fell as much as 7 percent, the most since Oct. 5, to Rs 1,070.25 despite meeting Bloomberg consensus estimates in July-September quarter.
Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.