A detailed wrap of the entire day's market action with all the top stock moves, biggest newsmakers & leading market voices.
July 20: India got its 14th President on Thursday as NDA nominee Ram Nath Kovind has won with a comfortable majority.
June 21: Public Investment Board has approved phase one of Bharatmala Project. The Road Ministry is to seek Cabinet approval for Bharatmala Phase 1 soon. 24,800 km of projects are to be awarded under phase 1 of Bharatmala Project. Chetan Bhutani of BTVi gets us the exclusive details.
April 25: Welspun India has posted their March quarter earnings with profits at Rs 154 crore. Priyanka Gawande of BTVi connected with the management to get a fineprint of the earnings for the quarter gone by and to discuss the road ahead.
March 20: Volvo Eicher Commercial Vehicles ties up with technology leader in commercial vehicles globally - Wabco in its HD bus and LMD vehicles. This will make it India’s first OEM to introduce the AMT technology in the commercial vehicle space. Priyanka Iyer of BTVi joins in to give more perspective.
March 20: The nation moves one step closer to the GST as the Cabinet clears 4 key bills which are likely to be introduced in Parliament soon. Ashutosh Kumar of BTVi joins us with the latest details.
February 16: Shilpa Ranipeta and Nivrita Ganguly of BTVi caught up with the heads of IT industry at the Nasscom Summit to get their perspective on guidance cut, the US visa issue, growth dynamics and more.
February 8: The RBI has kept its repo-rate unchanged at 6.25% in its monetary policy review on Wednesday. To discuss this in detail, Samina Nalwala and Pronoy Nath Banerji of BTVi are joined with Arvind Virmani, Former Chief Economic Advisor.
January 12: India's biggest software services firm TCS today posted a steady Q3 with 10.9% jump in profit to Rs 6,780 crore.
January 09: With the Government's demonetisation drive, digital banking has received an impetus. BTVi's Priyanka Iyer spoke to Nitin Chugh, Country Head - Digital Banking at HDFC Bank at the launch of the 2nd edition of the bank's Digital Innovation Summit. He said that HDFC Bank is seeing increased adoption of digital channels among its customers.
December 9: Fabric and apparel major Raymond has partnered with Khadi India to introduce a new line of clothing which will directly compete with Fabindia. Nivrita Ganguly of BTVi caught up with Sanjay Behl, CEO of Raymond.
ION EXCHANGE: Q1FY18 REVIEW
Net Profit at Rs 7.3 Cr Vs Rs 8.1 Cr
Total Income at Rs 214 Cr Vs Rs 207 Cr
EBITDA at Rs 17.5 Cr Vs Rs 17.7 Cr
EBITDA Margin at 8.2% Vs 8.6%
EVEREST Q1 FY18 REVIEW
Net Sales up 0.4% at Rs 378 Cr Vs Rs 376.6 Cr
EBITDA up 29% at Rs 32.1 Cr Vs Rs 24.9 Cr
EBITDA Margin at 8.5% Vs 6.6%
Net Profit up 33% at Rs 22 Cr Vs Rs 17 Cr
SIYARAM SILK MILLS Q1 FY18 REVIEW
Net Sales up 13% at Rs 320.6 Cr Vs Rs 282.7 Cr
EBITDA up 11% at Rs 33.1Cr Vs Rs 29.9 Cr
EBITDA Margin at 10.3% Vs 10.6%
Net Profit up 26% at Rs 10.4 Cr Vs Rs 8.2 Cr
NESTLE Q1 FY18 REVIEW
Net Sales up 7% at Rs 2469 Cr Vs Rs 2301 Cr
EBITDA down 3% at Rs 466.6 Cr Vs Rs 482.6 Cr
EBITDA Margin at 18.8% Vs 20.8%
Net Profit up 10% at Rs 263.4 Cr Vs Rs 240.2 Cr
Other Income up 12% at Rs 412.3 Cr Vs Rs 367.5 Cr
MPHASIS: Q1FY18 REVIEW
Net Sales up 2% at Rs 1535 Cr Vs Rs 1505 Cr
EBITDA down 3.4% at Rs 276 Cr Vs Rs 286 Cr
EBITDA Margin down 100 bps at 17.4% Vs 18.4%
Net Profit up 1.6% at Rs 187 Cr Vs Rs. 184 Cr
RADICO KHAITAN: Q1FY18 REVIEW
Net Sales up 13.7% at Rs 1375 Cr Vs Rs 1209 Cr
EBITDA up 28% at Rs 67 Cr Vs Rs 52 Cr
EBITDA Margin up 60bps at 4.8% Vs 4.2%
Net Profit up 56% at Rs. 25 Cr Vs Rs. 16 Cr
HCL INFOSYSTEMS : Q1FY18 REVIEW
Net Sales down 16% at Rs 685 Cr Vs Rs 823 Cr
EBITDA Loss at Rs 11 Cr Vs Loss Of Rs 12 Cr
AGRO TECH FOODS : Q1FY18 REVIEW
Net Sales down 2.6% at Rs 187 Cr Vs Rs 192 Cr
EBITDA stable at Rs 14 Cr Vs Rs 14 Cr
EBITDA Margin up 20 bps at 7.4% Vs 7.2%
Net Profit up 12% at Rs. 6.5 Cr Vs Rs. 5.8 Cr
Net Sales down 3.7% at Rs 787.2 Cr Vs Rs 817.4 Cr
EBITDA down 73% at Rs 21.17 Cr Vs Rs 78.95 Cr
EBITDA Margin at 2.6% Vs 9.6%
PAT down 77% at Rs 10.3 Cr Vs Rs 45.6 Cr
ADLABS ENTERTAINMENT Q1 FY18 REVIEW
Net Sales up 0.7% at Rs 86.78 Cr Vs Rs 86.18 Cr
EBITDA up 6.5% at Rs 32.4 Cr Vs Rs 30.4 Cr
EBITDA Margin at 37.4% Vs 35.3%
Loss at Rs 22.51 Cr Vs loss of Rs 19.22 Cr
L&T FINANCE Q1 FY18 REVIEW
Net Sales up 16% at Rs 2365 Cr Vs Rs 2030 Cr
EBITDA up 8% at Rs 1591Cr Vs Rs 1473 Cr
EBITDA Margin at 67% Vs 72%
Net Profit up 49% at Rs 309 Cr Vs Rs 207 Cr
Van Dyck sells 3.9% Equity/Sh
Warhol sells 9.6% Equity/Sh
Ashish Kacholia brings 1.5% Equity/Sh
Bengal Finance & Investment brings 2.5% Equity/Sh
BNP Paribas Arbitrage brings 0.8% Equity/Sh
IDFC MF brings 0.6% Equity/Sh
Rajasthan Global Sec brings 1.1% Equity/Sh
Chrys Capital sells entire stake in KPIT Technologies
Chrys Capital sold entire 13.8% stake in company on account of fund closure
SHREE RENUKA SUGARS
Shree Renuka Sugars to consider fund raising
Microsoft collaborates with Sonata Software
Axis Bank to announce strategic initiatives
Snapdeal board clears the decks for sale of FreeCharge to Axis Bank
The proposed deal will value FreeCharge at Rs 385 Cr -Rs 390 Cr