Colgate India has maintained itself as the market leader position in the key business of oral care products. It resulted in a higher-than-expected revenue as well as volume growth for quarter ended 30th June 2016, though profit and operational performance missed expectation of the analysts as a result of higher advertising expenses. <a title="Colgate share price" href="https://www.dynamiclevels.com/en/colgate-shar
Telecom operator Idea Cellular failed to deliver expected results in this quarter. The standalone profit jumped 36.1 percent Y-o-Y to Rs 497.1 crore, which included Indus dividend amounting to Rs 362.3 crore, dented by depreciation and finance cost. Revenue during the quarter increased by 7.9 percent to Rs. 9,486.6 crore on yearly basis. Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) increased by 3.2 percent Y-o-Y to Rs 3,074.2 crore from Rs 2,979.3 crore but margin reduced by 150 basis points to 32.4 percent f
Muthoot Finance increased 13% to Rs 399 on BSE, reversing early losses following the company's clarification that it does not expect any adverse findings against it by income tax department. The stock touched its new 52 week high at Rs. 405.35 on 8th August '16. The company initiated the clarification on Sunday, 7 August 2016. The large-cap company has an equity capital amounting to Rs 399.05 crore. Face value per share is Rs 10. The officials of income tax de
As per the sources familiar with Larsen and Toubro (L&T), the heavy engineering major, along with its partner Sojitz Corp of Japan, is well on track to win a contract worth of around Rs 4,000-crore on the western dedicated freight corridor. Meanwhile, LT Finance share price
Intrasoft Technologies share price saw a surge of almost 7 per cent intraday after its Q1 FY17 results were announced on 5th August 2016 at 17:10 hours. After the announcement of the result on Friday evening Intrasoft Technologies share price opened at Rs. 475 this morning from a previous day close of Rs. 457.30. <p style=
Union Bank of India reported a 68% Y-o-Y slip in its fiscal first quarter net profit. Net profit went down to Rs 166.32 crore in the quarter ended 30 June from Rs. 518.78 crore a year ago because of higher provisions. As per Bloomberg poll of 19 analysts, the bank was expected to post a net profit of Rs. 223.90 crore for the quarter ended June. Net interest income, or the chief income a bank earns by giving loans, slipped marginally to Rs. 2,102.25 crore as compared Rs. 2,130.17
CARE Ratings, which is the second-largest credit rating agency in India, announced its Q1 FY17 results post market hours on Friday, 5th August 2016. Care ratings share price zoomed up by almost 10 per cent intraday once the market opened this morning. The mid-cap company has an equity capital of INR 29.40 cr. The Face value per share is Rs 10. The EBITDA of the Company (earnings before interest, taxation, depreciation and a
JK Cement shares price zoomed over 13 per cent intraday to hit 52-week high of Rs 847.90 after the Kanpur-based company reported a very strong earnings for the quarter ended 30th June 2016. JK Cement registered a net profit of INR 61 crore in Q1 FY17 compared to a net profit of INR 1 crore in the same quarter of the previous financial year. The revenue of this cement manufacturer increased 10 per cent to INR 898 crore compared to INR
As informed by the VC & MD Apollo Tyres, Neeraj Kanwar, Apollo Tyres' domestic business revenues are likely to soar in double-digits this year. Though the input prices are now inching higher, the company aims to maintain margin about 18 percent this financial year. He is of the view that Chinese tyre imports are booming, posing a threat to the domestic market and there is urgent need to take some corrective measures in the form of imposing an anti-dumping duty. Neeraj Kanwar is a ver
