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विश्व हिंदी दिवस की शुभकामनाएं ।
10/01/2022

विश्व हिंदी दिवस की शुभकामनाएं ।

Royal Enfield maker Eicher Motors Ltd reported weak performance for the March quarter (Q4) but said business is seeing a...
15/06/2020

Royal Enfield maker Eicher Motors Ltd reported weak performance for the March quarter (Q4) but said business is seeing a good recovery. The stock gained 1.3% in Monday morning trade.

Revenue and operating earnings fell in the range of 12-37%. Operating profit margins dropped 7.8 percentage points to 19.6%, a record low. Negative operating leverage due to low sales volumes and expenses related to the recall of vehicles impacted the company’s performance last quarter.

Royal Enfield’s manufacturing and retail operations were suspended between 23 March and 5 May complying with covid-19 restrictions. The company has since resumed operations, and more than 90% of its retail network is now operational.

Initial demand trends are encouraging. Royal Enfield bookings are back at pre covid-19 levels, the management told analysts. “As the lockdown is easing out, we see strong initial customer interest and confidence," Siddhartha Lal, managing director of Eicher Motors said in a statement.
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Billionaire Mukesh Ambani has increased his stake in Reliance Industries to a 12-year high of 49.14% after the conclusio...
13/06/2020

Billionaire Mukesh Ambani has increased his stake in Reliance Industries to a 12-year high of 49.14% after the conclusion of the firm’s mega rights issue recently. Ambani and other members of the promoter family committed to invest 28,286 crore and subscribed to 225 million shares in the 53,124 crore issue.

Regulatory filings show that the promoter family picked up additional shares from the unsubscribed portion of the issue raising their stake to nearly 50% of RIL’s paid-up equity capital.
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ir cooler-maker Symphony, which had risen over 900 percent between 2011 and 2018, has erased gains by around 60 percent ...
01/06/2020

ir cooler-maker Symphony, which had risen over 900 percent between 2011 and 2018, has erased gains by around 60 percent since its peak. The company's stock price had risen as much as 906 percent from Rs 220 per share on June 1, 2011, to its all-time high of Rs 2,213 per share on January 11, 2018. However, the stock started to fall afterward and has declined nearly 60 percent from its all-time high to Rs 897 currently.

To put it into perspective, an investment of Rs 1 lakh in the stock in 2011 would have fallen to Rs 40,000 today. The stock has also lost 40 percent just in the last 1 year and 20 percent in 2020.

The company's market cap currently stands at Rs 6,483 crore. The stock hit a 52-week high of 1,575 on June 3 last year, while it hit its 52-week low of Rs 690 on March 25 this year.

The year 2020 has been sluggish with both domestic as well as global markets falling due to the COVID-19 pandemic and the economic impact of the lockdown to contain the virus.

For Symphony as well, the demand has taken a massive hit due to the nationwide lockdown due to the COVID-19 pandemic.

For the March quarter, the company reported a consolidated net profit of Rs 40 crore for the fourth quarter ended March 2020. It had reported a net profit of Rs 3 crore in the January-March quarter a year ago, Symphony said in a BSE filing.
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Reserve Bank has imposed a penalty of Rs 4 crore on Citibank for non-compliance with various regulatory norms and direct...
30/05/2020

Reserve Bank has imposed a penalty of Rs 4 crore on Citibank for non-compliance with various regulatory norms and directions of the central bank.

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

The directions pertained to obtaining declaration from customers about credit facilities enjoyed with other banks, granting non-fund based facilities to non-constituent borrowers, verifying data available in CRILC database and obtaining NOC from lending banks at the time of opening current accounts, and submission of compliance to risk assessment findings.
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Rain Industries share price surged more than 12 percent in the morning trade on May 29 after the company reported a 54.8...
29/05/2020

Rain Industries share price surged more than 12 percent in the morning trade on May 29 after the company reported a 54.8 percent rise in net profit at Rs 106.52 crore in the quarter ended March 2020 as against Rs 68.81 crore in the same period previous year.

Sales declined 9.35 percent from the year-ago period to Rs 2,897.65 crore. EBITDA stood at Rs. 460.23 crore up 24.1 percent from Rs 370.84 crore in March 2019.
The stock price has seen a steady rise in the last 7 days and was quoting at Rs 78.40, up Rs 8.85, or 12.72 percent at 10:00 hours.
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Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by m...
23/05/2020

Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price.
At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.
Shares of the company jumped 5 per cent to close at Rs 2,453.05 -- its upper circuit limit -- on the BSE.
The company is ahead of Nestle India, Maruti Suzuki India, Asian Paints and HCL Technologies, among others, in terms of market capitalisation.
So far this year, the company's shares have climbed 33.44 per cent.
Reliance Industries Limited is the country's most valued firm with a valuation of Rs 9,09,482.51 crore, followed by TCS at Rs 7,32,634.35 crore.
Avenue Supermarts had last week informed BSE that its board will meet on May 23 to consider and approve the financial statements for the quarter and financial year ended March 2020.
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Result:- cipla.
18/05/2020

Result:- cipla.

Jio bags 4th big investment.
17/05/2020

Jio bags 4th big investment.

TATA NANO - BIGGEST MISTAKE.
03/05/2020

TATA NANO - BIGGEST MISTAKE.

AUTO INDUSTRIES REPORTS ZERO SALE IN APRIL.
01/05/2020

AUTO INDUSTRIES REPORTS ZERO SALE IN APRIL.

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