The services such as aviation, hotels, malls, etc. would have to wait for a much longer time
As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity
Even if the daily price cut on petrol and diesel remains between 15 and 30 paisa till April 1, the marketing margin will remain high at Rs 8-10 per litre.
The govt raised excise duty on both petrol and diesel by Rs 3 per litre
L&T Finance Holdings was picked out for the scale and gender-inclusive work of its digital literacy initiative in rural India, Digital Sakhi
Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5
Growth of active clients has also remained weak. According to the data sourced from the NSE, the number of active clients in 2019-2020 (up to December) stood at 9.58 mn, growing at 9% from FY19.
While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched
The stock hit an all-time high of Rs 463 on April 2018 on the BSE
Despite the ongoing slowdown, the company has posted strong organic growth in the past couple of quarters
ICICI Securities has settled the case by paying over Rs 28 lakh towards settlement charges, the Securities and Exchange Board of India (Sebi) said in a settlement order
Accordingly, the Securities and Exchange Board of India (Sebi) disposed of the adjudication proceedings
Investors advised to wait for traction in revenues and margins before considering stock
While fuel cost is the single largest cost head for airlines, a weaker rupee means higher maintenance outgo, increased lease and interest costs on foreign currency loans
In the past two months, ICICI Securities has outperformed the market by surging 57 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.
Market rarely reacts to the release of economic data such as GDP growth or factory output
Market players say the overall volumes have been on the rise as the market has become quite volatile
According to the report, apart from sound revenue conversion, overall deal pipeline improved on aggregate basis and pricing environment for legacy services also remained stable
The company's total income for the quarter declined 7.7 per cent to Rs 402 crore as compared with Rs 436 crore in the April-June quarter of 2018
Post the results, most brokerages have revised their price targets for both these stocks.