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Category Archives: Top Corporate News

TOP CORPORATE NEWS- 17 AUG 2017

Cabinet approves metro rail policy: BEML gains Shares of BEML surged over 9%, touched to Rs1879, after new metro rail policy approved by the Union Cabinet on Wednesday. The Cabinet on Wednesday, approved the Metro Rail Policy 2017, which among other things, aims to ensure provision of last-mile connectivity and preventing escalation in cost of

STOCKS TO LOOK OUT FOR TODAY: 17 AUG 2017

In the last trading session after opening with a positive bias, Nifty slipped into minor an intraday decline during the early part of the session. However, in the afternoon, bulls bounced backed and ended the session near day’s high. The level of 9,920-9,930 is a hurdle to keep a watch on; if Nifty holds above

TOP CORPORATE NEWS- 16 AUG 2017

Granules up after USFDA issues EIR for Gagillapur plant Granules India rose by 10% at Rs128.05, after the company said that the US drug regulator has issued Establishment Inspection Report for the Gagillapur facility. Granules India said that the US drug regulator has issued Establishment Inspection Report (EIR) for the Gagillapur facility of the company

TOP CORPORATE NEWS- 14 AUG 2017

Grasim Q1: Good operational performance across all divisions Grasim Industries Q1FY2018 Results: Good operational performance across all divisions leads to 11% YoY growth in consolidated net earnings. The consolidated net sales (excluding excise duty) grew by 8.4% YoY to Rs9,846 cr which was on account of better growth across its three divisions viz. cement division

STOCKS TO LOOK OUT FOR TODAY: 14 AUG 2017

Nifty witnessed its fifth consecutive fall on daily basis that too with a gap down opening on the last trading day of the week. Barring Pharma, all sectors dragged the benchmark indices down, where PSU Banks led the move. Nifty attempted to fill the gap in the afternoon session driven by short covering in Pharma

TOP CORPORATE NEWS- 11 AUG 2017

Cipla Q1 beats estimates Cipla Q1FY2018 adjusted profit better than our expectation; strong operating performance Sales for the quarter declined by 1.9% to Rs 3525 crore (mainly on account of GST impact as india business reported 13% decline). Operating profit grew by 5.7% to Rs 646 crore, translating into an increase of 197 BPS in

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