by Ritmbarah Arora
TV18 Broadcast: The stock price of TV18 Broadcast rose 10.1% to Rs 20.1 while around 4.1 million shares in volume have been traded so far. The share price is up 3.1% since the last week and 30.5% since the last month. The media shares have been in green since yesterday afternoon. TV18 Broadcast registered a 373.3% YoY growth in Q4FY20 consolidated profit due to strong revenue and operating EBITDA. The company is listed in 34 screeners on Trendlyne.
SKF India: The share price of SKF India zoomed 7.3% to Rs 1,442 as of now. Around 76,446 shares in volume have been traded so far. The stock price has fallen 2.8% since the last week and is up 2% since the last month, per Trendlyne data.
SKF India announced its Q4FY20 results yesterday and reported a decline of 8.4% in the net profit to Rs 75.3 crore versus Rs 82.2 crore in the year ago period. Sales declined 18.5% to Rs 610.2 crore in the quarter ended March 2020 against Rs 748.4 crore in the corresponding quarter, previous year. The board of the company has recommended a special dividend of Rs 130 per share at the meeting held on May 7, 2020. SKF India is listed in 30 screeners on Trendlyne.
Adani Gas: The share price of Adani Gas jumped 6% to Rs 110.7 as of this writing. Around 3.9 million shares in volume have been traded so far. The stock price gained 5% since the last week and 21.9% since the last month.
Adani Group with six listed companies in India plans to bring down its pledged holding. It intends to lower its pledged holding to zero over the next 12-18 months, per Karan Adani, CEO of Adani Ports and SEZ Ltd said in a post-earnings call. Adani Gas is listed 22 screeners on Trendlyne.
Nippon Life India Asset Management: The share price of Nippon Life India Asset Management advanced 5.4% to Rs 246.8. Around 1.9 million stocks in volume have been traded so far. The stock price is neutral since the last week and is down 9.6% since the last month.
The Board of Directors has scheduled a meeting to be held on May 15, 2020 to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2020 and to recommend payment of dividend on equity shares. Nippon Life India Asset Management is listed in 31 screeners on Trendlyne.
LIC Housing Finance: The stock price of LIC Housing Finance surged 5.3% to Rs 273.5 while around 3 million shares in volume have bene traded so far. The share price has fallen 3.4% since the last week and soared 22.2% since the last month. Geojit had issued a ‘buy’ call on the stocks of LIC Housing Finance on April 23, 2020 with a target price of Rs 323. The company is listed in 29 screeners on Trendlyne.