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Muthoot Capital Profit Rise 94% In March Quarter

April 17, 2018 3:00 PM by Neal Bhai

Muthoot Capital’s Profit Rise 94% In March Quarter ☄ Net profit rose 93.5 percent to Rs 21.52 crore (YoY). ☄ Revenue rose 48.6 percent to Rs 118.6 crore (YoY) ☄ Shares of Muthoot Capital snapped 13 day gains the longest winning streak since 2006 and fell 2.6 percent to Rs 969, after the …

Tractor Makers Rally After IMD Predicts Normal Monsoon

April 17, 2018 2:56 PM by Neal Bhai

Gold Silver Reports (GSR) – Tractor Makers Rally After IMD Predicts Normal Monsoon — Shares of the tractor makers rallied today after IMD forecast stated that India’s monsoon rains, that water half of the country’s cultivated land, are expected to be normal for the third straight year.

Europe Shares Rise After U.S. Gains As Focus Returns To Earning

April 17, 2018 2:52 PM by Neal Bhai

Europe Shares Rise After U.S. Gains As Focus Returns To Earnings — European shares gain after U.S. stocks rebounded; investors’ focus returning to earnings and the economic outlook, from geopolitical risks.

Anil Agarwal, Chairman At Vedanta

Last Updated On April 17, 2018 2:47 PM by Neal Bhai

Anil Agarwal, Chairman At Vedanta

☄ We have completed NCLT procedure

☄ Have sweetened the bid for Electro steel.

☄ Have hiked offer by Rs 500 crore for Electrosteel Steel to Rs 5,000 crore.

☄ Great pride for Vedanta Group to add value to assets like Electrosteel Steels.

Power Grid Gains On Heavy Volumes

April 17, 2018 10:12 AM by Neal Bhai

Gold Silver Reports (GSR) – Power Grid Gains On Heavy Volumes — Power Grid Gains On Heavy Volumes – Shares of the state-run central transmission utility of India rose as much as 3.9 percent, most in six months, to Rs 207.1, extending a three-day gaining period. Trading volume of the stock was 11 times the 20-day average. It was the top gainer on the S&P BSE Power Index.

Rakesh Singh, President At India Cements

April 17, 2018 10:09 AM by Neal Bhai

Rakesh Singh, President At India Cements

📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh

📌 Tamil Nadu contributed least due to sand mining issues.

📌 Clocked around 4 percent growth last year

📌 Affordable housing, upcoming elections aiding to growth from Karnataka.

Gopal Mahadevan, Chief Financial Officer At Ashok Leyland

April 17, 2018 10:04 AM by Neal Bhai

Gopal Mahadevan, Chief Financial Officer At Ashok Leyland

📌 Expect momentum for CV demand to continue moving ahead.

📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.

📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.

Jinesh Gopani, Head of Equities At Axis Mutual Fund

Last Updated On April 17, 2018 10:01 AM by Neal Bhai

Jinesh Gopani, Head of Equities At Axis Mutual Fund

📌 Big events like upcoming elections are the key to look for in markets.

📌 Good monsoon to aid rural sector, increasing bets on same.

📌 Have added technology, consumer and private sector banks to the portfolio

Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat

April 17, 2018 9:57 AM by Neal Bhai

Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.