Publisher : angelbroking.com


For 4QFY2019, Blue Star posted results above our expectations on both top-line & bottomline front. The company reported 18.5% yoy top-line growth and PAT was up 199% yoy due to strong operating performance and one-time deferred tax credit recognized by the Company’s subsidiary Blue Star Engineering & Electronics Ltd.
May 6, 2019, 11:41 a.m.
Publisher: angelbroking.com

For Q4FY2019, Axis Bank reported PAT of Rs. 1,505cr driven by healthy NII growth (20.6% yoy), strong traction in fees income (15% yoy), contained Opex (11.1% yoy).
May 3, 2019, 11:27 a.m.
Publisher: angelbroking.com

Yes Bank has reported loss of Rs. 1,506cr largely driven by higher provision (increased 9x yoy) and decline in fees income. Higher Provisions were driven by contingent provision for standard asset, on which management took upfront recognition, the size of the new stressed asset stands at Rs. 10,000cr.
April 30, 2019, 11:12 a.m.
Publisher: angelbroking.com

MSIL’s top-line grew by 1% yoy to Rs. 21,459cr on the back of price hikes (up 2% yoy). Overall volume growth declined by 0.7% yoy, mainly due to weak domestic market conditions and sluggish export markets during the quarter.
April 26, 2019, 11:12 a.m.
Publisher: angelbroking.com


HDFC Bank delivered steady performance for Q4FY2019, with PAT growth of 22.6% yoy. Pre-provision profit grew at healthy rate of 22.7% yoy, however it was lesser than previous quarter (27.6% yoy) largely owing to moderation in fee income.
April 22, 2019, 12:12 p.m.
Publisher: angelbroking.com

RBL Bank delivered healthy set of numbers for Q4FY2019, with PAT growth of 39% yoy. On the operating front, the bank reported 48% yoy growth in NII.
April 20, 2019, 12:12 p.m.
Publisher: angelbroking.com

Hero Motors, one of the largest player in the Industry in the two-wheeler industry (38% market share as on FY2018); has been facing strong headwinds after its breakup with Honda.
March 27, 2019, 11:48 a.m.
Publisher: angelbroking.com

Cadila Healthcare (Cadila) is on the largest Pharmaceuticals player both in US & Indian markets. However, over the last few years, the company has been going through tough times both in USA & Indian markets.
March 27, 2019, 11:33 a.m.
Publisher: angelbroking.com

Amber Enterprises’ (Amber) has approved to enter into the definitive agreements for acquiring 80% stake upfront in the equity share capital of Sidwal Refrigeration Industries Private Ltd ("Sidwal"), which will include the business of Sidwal Technologies.
March 25, 2019, 7:11 a.m.
Publisher: angelbroking.com

Aurobindo Pharmaceuticals (APL) has a big relief in form of Establishment Inspection report (EIR) for Unit-4 facility in which the USFDA has closed issued Form 483.
March 13, 2019, 11:26 a.m.
Publisher: angelbroking.com