Aggravating asset quality fears outweigh operating performance turnaround
Yes Bank’s Q3FY21 earnings aggravate fears about its asset quality issues. Portfolio v..
Traction in new products to drive business growth
MCX reported slight moderation in ADTO (Average Daily Turnover) attributable to upfront margin requirement impacting..
Slow recovery in biosimilars
Biocon Limited (Biocon) reported lower than estimated Q3FY21 performance in biosimilars and generics segment. Consolidated revenues grew ..
The company reported standalone net loss during the quarter stood at Rs 326.05 crore as compared to net loss of Rs 126.68 crore in the previous year quarter. Net revenue ..
Business gains traction, margins to improve
SBI Life Insurance reported a mixed performance wherein premium accretion was healthy but higher actuarial liability offse..
The company reported standalone net loss during the quarter stood at Rs 22.67 crore as compared to net loss of Rs 3.45 crore in the previous year quarter. Net revenue of ..
Approval for 3 products under PLI Scheme
Aurobindo Pharma (Aurobindo) received approval from government of India for three fermentation based products under Productio..
OEL recorded a revenue of INR 6183mn for the quarter compared to INR 4957mn a year ago with revenue from ECD division rising 42% to INR 4605mn whereas that of Lighting di..
Peak margins expected in Q4FY21
JSW Steel (JSWS) reported higher than expected standalone EBITDA at ~ Rs 14,444/te, up ~ Rs 4,300/te QoQ. Higher auto sales (up 33% Qo..
Quality intact; premium to sustain
Aavas Financiers’ (Aavas) asset quality performance reinforces resilience with stage-3 assets (including standstill accounts)..
Gradual recovery in the domestic business
Symphony’s standalone and overseas business has seen a gradual recovery on a QoQ basis, however YoY recovery was still ..
State-run Punjab National Bank (PNB) reported a net profit of Rs 506 crore during the third quarter (Q3) ended December 31, 2020.
The bank had reported a net loss of R..
Rupee strengthens against US dollar on Tuesday
Rupee falls 10 paise to 73.94 against US dollar in early trade
NCLT approves sale of IL&FS education arm to LEHL
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium Commodity Report of 07 May 2021 By Geojit Financial
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Weekly Market Wrap Up By Sameet Chavan, Angel Broking
Bajaj Finserv surges as its EMI Store offering customers chance to shop for Haier AC on no cost EMIs
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