Gold Silver Reports (GSR) – Bajaj Auto Sales Jump 26% In April
📌 Bajaj Auto sold 4,15,168 units in April versus 3,29,800 units, up 25.88 percent (YoY)
📌 Bajaj Auto exported 1,85,704 units versus 1,51,913 units, up 22 percent (YoY)
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HCL Tech Stock Meets Estimates In Q4; Sees Revenue Growth Of 9.5-11.5% In FY19
Gold Silver Reports (GSR) – HCL Tech stock Meets Estimates In Q4; Sees Revenue Growth Of 9.5-11.5% In FY19 – The country’s third largest IT outsourcing firm reported March quarter earnings which came mostly in-line.
HCL Technologies Share Q4 Profit Meets Estimates
Gold Silver Reports (GSR) – HCL Technologies Share Q4 Profit Meets Estimates – Sales in dollar terms rose 2.5 percent to $2,038 million, also higher than the $1,988 million estimate. Earnings before interest and tax rose 2.9 percent to Rs 2,583 crore, while Ebit margins remained unchanged at 19.6 percent.
Stocks To Watch: Eicher, L&T, Maruti Suzuki, Tata Motors
Gold Silver Reports (GSR) – Stocks To Watch: Eicher, L&T, Maruti Suzuki, Tata Motors — Earnings from the country’s largest mortgage lender HDFC beat consensus estimates while the second largest private sector lender by market cap Kotak Mahindra Bank reported stable asset quality in March quarter.
Interglobe Aviation Stock Rebounds From Friday’s Sharp Fall
Gold Silver Reports (GSR) – Interglobe Aviation Stock Rebounds From Friday’s Sharp Fall – Shares of the Gurugram-based budget airline rebounded from Friday’s sharp fall and rose 0.7 percent to Rs 1,417.65. International brokerage JPMorgan has maintained an ‘overweight’ on InterGlobe Aviation stock for target price of Rs 1,690.
PC Jeweller Stock Rebounds On Proposal To Consider Share Buyback
Gold Silver Reports (GSR) – PC Jeweller Rebounds On Proposal To Consider Share Buyback – Shares of the Delhi-based jewellery retailer rebounded from its worst fall in over two months on Friday and rose as much as 17.55 percent to Rs 209. The stock snapped its 5-day losing streak after it informed exchanges that its board will meet on May 25 to consider a proposal to buy back its shares.
Reliance Industries Stock Slips On Profit Miss In Q4
Gold Silver Reports (GSR) – Reliance Industries Stock Slips On Profit Miss In Q4 – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate fell as much as 1.69 percent to Rs 977.95. – Reliance Industries Ltd.’s net profit rose for the eighth straight quarter aided by the petrochemicals business but missed analyst estimates.
Idea Cellular Stock Rises After Loss Narrows In March Quarter
Gold Silver Reports (GSR) – Idea Cellular Stock Rises After Loss Narrows In March Quarter – Shares of the country’s third largest wireless carrier rose as much as 4.65 percent, the most in nearly four months, to Rs 72 after its loss narrowed in December-March quarter.
Maruti Suzuki Stock Rises Ahead Of March Quarter Earnings
Gold Silver Reports (GSR) – Maruti Suzuki Stock Rises Ahead Of March Quarter Earnings – Shares of the country’s largest car maker rose as much as 1.8 percent to Rs 9,109.75 ahead of its March quarter earnings.
Cyient Swings After Acquiring Semiconductor Firm
Gold Silver Reports (GSR) – Cyient Swings After Acquiring Semiconductor Firm – Shares of the software developer fluctuated between gains and losses and fell 1.5 percent to 750.10 as of 9:35 a.m. The company acquired semiconductor firm Ansem N.V. in an all-cash deal worth $17 million, according to its stock exchange filing.