EOD Update 16-02-2019

》 Eveready Industries posts multi-fold dip in Q3 net to Rs 19.71 lakh

》 Government Considering GST Relief For Real Estate Sector: Piyush Goyal

》 Under-construction houses currently attract 12 per cent GST and 6 per cent stamp duty and registration.

》 NBCC Q3 profit rises 26% to Rs 77.74 crore
The total standalone income from operations for the December 2018 quarter stood at Rs 1,651.62 crore.

》 Glenmark Q3 profit up 11% to Rs 116 crore
Consolidated revenue stood at Rs 2,555.04 crore against Rs 2,203.66 crore in the year-ago period.

》 Nestle India Posts Rs 342 Crore Profit In December Quarter
Profit came in at Rs 342 crore ($48.11 million) in the three months ended December 31, compared with Rs 312 crore a year earlier.

》 Government Hikes Minimum Selling Price Of Sugar
The centre has hiked the minimum selling price (MSP) of sugar by Rs 2 per kg to Rs 31, Food Minister Ram Vilas Paswan said.

》 Tata Tele Q3 loss narrows to Rs 409 crore
The companys total revenue in the fiscal third quarter fell over 25% on-year to Rs 324.31 crore.

》 JK Tyre Q3 net surges over two-fold to Rs 27 cr
Revenue from operations rose to Rs 2,730.77 crore as compared to Rs 2,123.24 crore in the same period previous fiscal.

》 Jet Airways may raise Rs 6,000 crore via share sale
Jet said on Thursday its board had approved a rescue deal.

》 Rama Paper Mill Standalone December 2018 Net Sales at Rs 38.29 crore, up 23.75% Y-o-Y

》 CMI Standalone December 2018 Net Sales at Rs 124.98 crore, up 43.81% Y-o-Y

》 Videocon Ind Standalone December 2018 Net Sales at Rs 209.55 crore, down 42.26% Y-o-Y

》 Kohinoor Foods Standalone December 2018 Net Sales at Rs 198.44 crore, down 3.64% Y-o-Y

》 Uttam Sugar Standalone December 2018 Net Sales at Rs 356.19 crore, up 21.66% Y-o-Y

》 Tirupati Foam Standalone December 2018 Net Sales at Rs 28.04 crore, up 22.04% Y-o-Y

》 Liberty Shoes Standalone December 2018 Net Sales at Rs 145.45 crore, down 10.87% Y-o-Y

》 Oil Imports From Iran Plunged 45% In January: Report

》 January imports from Iran were 10.4 per cent lower than December, the tanker arrival data showed.

》 Dalmia Bharat Sugar Q3 profit down 20% at Rs 43.36 cr

》 Trade Deficit Widens To $14.73 Billion In January

》 The gold imports in January rose 38.16 per cent year-on-year to $2.31 billion.

》 India’s Forex Reserves Decline By $2.12 Billion

》 The RBI’s weekly data showed that the value of the country’s gold reserves was stagnant at $22.69 billion.

》 LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank

》 Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.

》 Dalmia Bharat Sugar Q3 profit down 20% at Rs 43 cr

》 Page Industries strong growth due to change in accounting standards

》Cognizant Agrees To Pay $25 Million To Settle Bribery Charges: Report

Cognizant has agreed to pay the amount to settle charges that it violated the Foreign Corrupt Practices Act, Security and Exchange Commission said.

》Jaquar Group eyes Rs 3,900 crore revenue in 2018-19
For the year 2017-18, the company recorded a turnover of Rs 3,123 crore.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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