Bajaj Consumer Care Q4

The company has posted consolidated net profit at Rs 54.7 crore against Rs 23.3 crore, YoY and Rs 57.3 crore, QoQ. The revenue was up 39% at Rs 249 crore versus Rs 179 crore. Bajaj Consumer Care touched a 52-week high of Rs 323.50 and was quoting at Rs 302.25, down Rs 3.15, or 1.03 […]

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Mindtree share price rises 2% post Q4 earnings

The company reported 2.8 percent sequential decline in consolidated profit at Rs 317.3 crore for the quarter ended March 2021. Consolidated revenue grew by 4.2 percent quarter-on-quarter to Rs 2,109.3 crore and the dollar revenue at $288.2 million was up by 5.2 percent from the previous quarter. Mindtree was quoting at Rs 2,118.45, up Rs […]

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HDFC Bank slips 3% post Q4 numbers

HDFC Bank reported an 18.2 percent year-on-year (YoY) growth in its standalone profit at Rs 8,186.5 crore for the quarter ended March 2021 (Q4FY21) on account of low base in the corresponding period. The profit in Q4FY20 stood at Rs 6,927.69 crore. HDFC Bank was quoting at Rs 1,380.35, down Rs 48.10, or 3.37 percent […]

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Hindustan Copper raises ?500 crore via QIP issue

State-owned Hindustan Copper (HCL) on Thursday said it has raised ?500 crore through issuance of shares to institutional investors. “The qualified institutions placement (QIP) of ?500 crore has been fully subscribed,” the PSU said in a statement. The funds from the QIP are proposed to be used to fund the ongoing capex/expansion plan of the […]

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Wholesale price inflation skyrockets in March to 7.39%

New Delhi: India’s wholesale price inflation galloped to 7.39% in March, with prices of fuel as well as input costs for manufacturers rising at a time economic recovery is expected to get delayed with the escalating second wave of coronavirus pandemic. In February, wholesale price index-based inflation was 4.17%. Data released by the industry department […]

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Dabur India hits Rs 1 trillion in market cap

Mumbai: Dabur India Ltd touched ?1 trillion in market capitalisation after its shares hit a fresh record high on Thursday. The stock touched an all-time high of ?569.20, and is currently up 1% at ?566 on the BSE. Dabur’s market cap stood at ?1.01 trillion. The company may declare its March quarter earnings on 7 […]

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L&T bags contracts across various verticals:

The heavy engineering arm of Larsen and Toubro has won significant contracts for its various business segments in Q4 of FY21, company said in the release. L&T Heavy Engineering has secured order for 12 Steam Generators (SGs) from NPCIL for the prestigious 3 x 700 MWe Pressurized Heavy Water Reactor (PHWR). Also, L&T Heavy Engineering […]

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Infosys share falls 5% post Q4 results:

Infosys on April 14, reported a 2.3 percent sequential decline in consolidated profit at Rs 5,076 crore for the quarter ended March 2021. Consolidated revenue from operations grew by 1.5 percent sequentially to Rs 26,311 crore, while consolidated revenue in constant currency grew by 2 percent and the topline growth in dollar terms was at […]

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Bandhan Bank’s Q4 shows resilience but evolving second wave a risk

Bandhan Bank’s March quarter update has perhaps left its investors feeling vindicated for their bet on the lender during tough times. Not only was the lender able to keep up its business growth but also manage to collect repayments from 96% of its customers. The bank reported a 21% year-on-year growth in its loan book […]

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Dr. Reddy’s Lab gets EUA for Sputnik V in India:

Dr. Reddy’s Laboratories today announced that it has received the permission from the Drug Controller General of India (DCGI) to import the Sputnik vaccine into India for restricted use in emergency situations as per the provisions of the New Drug and Clincial Trials rules, 2019 under the Drugs and Cosmetics Act, as per the press […]

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