Yes Bank Slip After OP Bhatt Resigns From Selection Panel

Gold Silver Reports (GSR) –  Shares of the Mumbai-based private sector lender declined for third day in a row after former State Bank of India Chairman Om Prakash Bhatt stepped down from the panel set up to search for a new chief executive officer for Yes Bank Ltd. The stock …

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Indiabulls Housing Finance Slip 5 percent to Rs 792.20

Indiabulls Housing Finance Slip 5 percent to Rs 792.20 — Shares of the housing finance companies fell after developer rupee bond sales slumped to the lowest in almost four years as investors become more cautious about default risks after the shock from non-payments by Infrastructure & Leasing Financial Services.

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Jet Airways Pares Early Losses After Q2 Results Announcement

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.

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Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant

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.

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