: StockMarketNEWS Daily Updates Bank of India share price falls 5percent on Q4 loss

@StockMarketNEWSThu 25 Jun, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Bank of India share price falls 5percent on Q4 loss
Net interest income in q4 fell 6percent to rs 3793 crore yoy, while the net interest margin (global) declined by 3 basis points to 2 percent yoy.

Canara Bank share price falls 5percent after reporting Q4 loss of Rs 3259 crore
Net interest income of canara bank declined 5.2 percent year-on-year to rs 3,318.52 crore in q4fy20.

Bharti Infratel shares fall 5% after Morgan Stanley remains underweight
Morgan stanley has maintained its underweight call on the stock with target at rs 175 per share. the firm is of the view that extension of long-stop date
for indus towers merger is not a surprise.

GAIL share price jumps 5% after strong jump in Q4 profit
Morgan stanley termed gails#39;s quarterly numbers as strong performance amid the weakening macro environment which led to a good beat on most parameters.

UBL shares slip 2% after Q4 net profit falls nearly 39%
Its revenue from operations was down 10.40 percent to rs 3,099.91 crore during the march 2020 quarter, against rs 3,459.73 crore in the corresponding period
of the previous financial year.

FMCG stocks gain led by ITC, Dabur; Colgate, Godrej Consumer rise
Sp bse fmcg added a percent with gains from future consumer which jumped 5 percent followed by sanwaria consumer, parag milk, prabhat dairy, dwarikesh
sugar, venky#39;s, dalmia bharat sugar, itc and bombay burmah trading.

IIFL Finance share price rises 10% after promoter raises stake
The share touched its 52-week high rs 212.80 and 52-week low rs 58.15 on 14 february, 2020 and 03 june, 2020, respectively.

IOB share price locked at 10% upper circuit on Q4 profit
There were pending buy orders of 794,200 shares, with no sellers available.

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