Publisher : karvyonline.com


TGBL’s entry into the FMCG world elucidates the new strategic direction of the company by providing significant value creation for all shareholders through greater scale and synergy.
June 17, 2019, 11:49 a.m.

CPI for the month of May increased marginally to 3.05% from a revised 2.99% for the month of April.
June 12, 2019, 11:50 a.m.

Segmental performance shows encouraging trend in mining and manufacturing revenue.
May 27, 2019, 1:32 p.m.

EBITDA at Rs. 888 Mn in Q4FY19 de-grew by 5.1% on YoY basis whereas PAT at Rs. 218 Mn de-grew by 36.8% on YoY basis.
May 27, 2019, 1:27 p.m.


Tata Steel Limited and Thyssenkrupp AG of Germany had signed definitive agreements in June 2018 to combine their business in Europe to create a 50:50 joint venture company which could have become second largest steel company in the European continent.
May 20, 2019, 1 p.m.
Publisher: karvyonline.com

Dr. Reddys Lab’s (DRL) revenue, increased by 13.6% YoY to Rs40.2 bn, is higher than our estimates of Rs 38.9bn; primarily due to good growth in Europe and Emerging market business. EBITDA margins grew to21.2% inline with our estimates of 21.0% on account of lower SGA and R & D expenses.
May 20, 2019, 1 p.m.

Despite top line growth of 16%, margins were impacted on account of higher operating costs and increasing competition.
May 20, 2019, 12:59 p.m.

PHNX’s revenue grew 66%/64% YoY/QoQ to Rs. 7233 Mn.
May 20, 2019, 12:59 p.m.
Publisher: karvyonline.com

During Q1CY19 MHCIE reported mixed bag numbers. Going forward Management expects its Indian operations to remain steady during H1CY19 and international operations to be robust.
May 8, 2019, 11:29 a.m.

At $150.1 Mn, Zensar (ZENT) reported a strong growth in revenue – 4.5% QoQ and 18.5% YoY. In constant currency terms (CC), it reported a sequential growth of 4.1% and 21.5% over previous year.
May 7, 2019, 11:13 a.m.