November 16: Expect 3-fold increase in overseas operations by 2020, says Nilesh Panpaliya, CFO at Solar Industries.
November 16: Residential segment of business has shown interesting traction in Q2FY18, says KP Pradeep, CFO at Brigade Enterprise.
November 16: Axis Bank, ICICI Bank will outperform in the banking space, says Jai Bala, Technical Analyst at Cashthechaos.com.
November 16: Don't see recession fear due to inversion of yield curve, says Uwe Parpart of Capital Link International.
November 15: On this episode of Rising Stars, BTVI’s Vikram Oza spoke to Vikas Lachhwani, Founder of MCaffeine.
November 15: The Bharat-22 ETF has been launched. To discuss the same, BTVI’s Muralidhar Swaminathan spoke to Hemant Rustogi, CEO at Wiseinvest Advisors, N.S. Venkatesh, CEO at AMFI and Vinay Sharma, Fund Manager at ICICI Prudential AMC.
November 15: Diwali quarter saw good handset sales this year, says Sudhin Mathur, MD at Motorola Mobility India.
November 15: None of the companies traded on Bharat-22 ETF can have a weightage of more than 15%, says Neeraj Gupta, Divestment Secretary.
November 15: After putting out tenders for 500 electric vehicles, EESL has now called a snap bid for charging stations for electric vehicles. The bidding happened yesterday over half a dozen and companies showed interest. BTVI’s Priyanka Iyer joined in with exclusive details.
NEW INDIA ASSURANCE Q2 REVIEW
PAT at Rs 748 Cr Vs Rs 260 Cr, up 187%
Gross Premium written at Rs 6489 Cr Vs Rs 5784 Cr, up 12.18%
Solvency Margin at 2.24x Vs 2.04x
CARE RATINGS Q2 REVIEW
Revenue From Ops at Rs 91 Cr Vs Rs 81 Cr, Up 12.4% YoY
PAT at Rs 48.3 Cr Vs Rs 47.4 Cr, Up 2% YoY
Operating Profit up 10.5%
Addition of 1077 new clients 2410 issue rated during the quarter
WONDERLA HOLIDAYS Q2 REVIEW
Net Sales down 0.6% at Rs 51.2 Cr Vs Rs 51.4 Cr
EBITDA up 9% at Rs 12.9 Cr Vs Rs 11.8 Cr
EBITDA Margin at 25.2% Vs 23%
Net Profit down 38% at Rs 2.3 Cr Vs Rs 3.7 Cr
Tax rate at 35% Vs 3.8%
All numbers compared on YoY unless specified otherwise