January 2020

SBI Cards IPO: Is it a good investment opportunity for investors?

[vc_row][vc_column][vc_column_text] The country’s largest public-sector lender State Bank of India (SBI) has filed an initial draft with Security and Exchange Board of India (Sebi) to sell up to 4 percent stake in its credit card venture, SBI Cards and Payments Services (SBI Cards). The IPO is expected to be around Rs 9,000-9,600 crore in size …

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High-profile court cases bring India?s corporate governance regimes into question – The National (UAE)

[vc_row][vc_column][vc_column_text] The National? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Published On: Jan 12, 2020 Cyrus Mistry’s ongoing battle with Tata and Uday Kotak’s dispute with Reserve Bank of …

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Back on Focus: BSE Smallcap index hits 6-month high

[vc_row][vc_column][vc_column_text] After a long subdued performance, the small-cap stocks have seen some positive uptick today, with S&P BSE Smallcap index hitting a 6-month high led by a strong rally in agri inputs, fertilizers, education, metals, textiles and real estate stocks. The S&P BSE Smallcap index, the top gainer among broader indices, was up more than …

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Stocks in the news: Alembic Pharma, Vedanta, SBI, JSW Energy, Aster DM, Asian Granito, Bharti Airtel, GMR Infra, Adani Green

[vc_row][vc_column][vc_column_text] Alembic Pharma: Aleor Dermaceuticals, a 60:40 JV with Orbicular Pharmaceutical Technologies, completed USFDA inspection at its formulation manufacturing facility located at Karakhadi, Gujarat, India; without any observations. Alembic Pharma: On Wednesday Drug firm Alembic Pharmaceuticals said its joint venture firm Aleor Dermaceuticals has successfully completed the inspection of Karakhadi facility in Gujarat by the …

Stocks in the news: Alembic Pharma, Vedanta, SBI, JSW Energy, Aster DM, Asian Granito, Bharti Airtel, GMR Infra, Adani Green Read More »

GM Breweries Standalone December 2019 Net Sales down 3.89% and Net Profit down 16.34% Y-o-Y

[vc_row][vc_column][vc_column_text] GM Breweries December 2019 Net Sales at Rs 119.74 crore, down 3.89% from Rs. 124.58 crore in December 2018. Quarterly Net Profit at Rs. 13.98 crore, down 16.34% from Rs. 16.71 crore in December 2018. EBITDA stands at Rs. 20.51 crore as compared to same period in last year of Rs. 27.51 crore, down …

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