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Stocks in the news: Alembic Pharma, Vedanta, SBI, JSW Energy, Aster DM, Asian Granito, Bharti Airtel, GMR Infra, Adani Green

[vc_row][vc_column][vc_column_text] Alembic Pharma: Aleor Dermaceuticals, a 60:40 JV with Orbicular Pharmaceutical Technologies, completed USFDA inspection at its formulation manufacturing facility located at Karakhadi, Gujarat, India; without any observations. Alembic Pharma: On Wednesday Drug firm Alembic Pharmaceuticals said its joint venture firm Aleor Dermaceuticals has successfully completed the inspection of Karakhadi facility in Gujarat by the …

Stocks in the news: Alembic Pharma, Vedanta, SBI, JSW Energy, Aster DM, Asian Granito, Bharti Airtel, GMR Infra, Adani Green Read More »

GM Breweries Standalone December 2019 Net Sales down 3.89% and Net Profit down 16.34% Y-o-Y

[vc_row][vc_column][vc_column_text] GM Breweries December 2019 Net Sales at Rs 119.74 crore, down 3.89% from Rs. 124.58 crore in December 2018. Quarterly Net Profit at Rs. 13.98 crore, down 16.34% from Rs. 16.71 crore in December 2018. EBITDA stands at Rs. 20.51 crore as compared to same period in last year of Rs. 27.51 crore, down …

GM Breweries Standalone December 2019 Net Sales down 3.89% and Net Profit down 16.34% Y-o-Y Read More »

Stocks in the news: ONGC, SBI, Union Bank, Gujarat Narmada Valley Fertilizers, MTNL, Hero MotoCorp, TVS Motor, IIFL Securities, VIP Industries, Dishman Carbogen

[vc_row][vc_column][vc_column_text] ONGC: The company on January 2 walked away with all the seven oil and gas blocks on offer in the latest bid round that saw just eight bids coming in. SBI, Union Bank: The State Bank of India (SBI) and Union Bank of India are looking to sell their non-performing loans totalling Rs 2,836 …

Stocks in the news: ONGC, SBI, Union Bank, Gujarat Narmada Valley Fertilizers, MTNL, Hero MotoCorp, TVS Motor, IIFL Securities, VIP Industries, Dishman Carbogen Read More »

Even though YoY sales fall to near 28 percent, Ashok Leyland share price jump 4% as December sales rise 10% MoM

[vc_row][vc_column][vc_column_text] Ashok Leyland stock price jumped nearly 4 percent on NSE on January 2 after the commercial vehicle major posted a 10 percent month-on-month (MoM) rise in sales for December 2019. During the month the total sales including exports was 11,168 units. However, the company’s sales fell almost 28 percent on a year-on-year (YoY) basis, …

Even though YoY sales fall to near 28 percent, Ashok Leyland share price jump 4% as December sales rise 10% MoM Read More »

Stocks in the news: Coal India, Lemon Tree, Prakash Industries, Tata Motors, Eicher Motors, MOIL, Muthoot Capital, SAIL

[vc_row][vc_column][vc_column_text] Coal India: Coal India, which registered negative growth in production of the dry fuel for past few months, has posted over 7 per cent growth in December with 58 million tonne output, and offtake was up 1.9 percent, YoY Lemon Tree Hotels: The company signed a license agreement for a 40 room upcoming Hotel …

Stocks in the news: Coal India, Lemon Tree, Prakash Industries, Tata Motors, Eicher Motors, MOIL, Muthoot Capital, SAIL Read More »

Maruti Suzuki sales rises 3.9%, while M&M posts 1% rise in December 2019

[vc_row][vc_column][vc_column_text] Maruti Suzuki reported sales of 124,375 vehicles in the domestic market in December as compared to 121,479 vehicles sold in the same month a year back. With total sales of 133,296 passenger vehicles, the country’s leading carmaker Maruti Suzuki India has locked a 3.9% rise Y-o-Y. During April-December, Maruti said its domestic sales were …

Maruti Suzuki sales rises 3.9%, while M&M posts 1% rise in December 2019 Read More »

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