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: StockMarketNEWS Daily Updates Among sectors, except fmcg, other indices ended in the red

@StockMarketNEWSMon 29 Jun, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among sectors, except fmcg, other indices ended in the red. bse midcap and smallcap indices lost over 1 percent each.

Despite a 70 % fall in Q4 profit, brokerages see a 65% upside in NTPC; Despite a weak show in fy20 and feeble prospects for fy21, ntpc#39;s earnings growth has strong visibility over the next two years as 11 gw of under-construction
coal-based capacities will likely be commissioned, say experts.

Andhra Paper share surges 17% after Radhakishan Damani buys stake
The share touched its 52-week high rs 451.50 and 52-week low rs 115. on 23 september 2019 and 25 march 2020, respectively.

Bharat Forge share price tumbles 7% on Q4 FY20 loss
The company reported net loss at rs 73.3 crore against profit of rs 299.5 crore yoy. revenue went down 47.2 percent at rs 881.1 crore against rs 1,668.6
crore yoy.

Welspun India shares locked in upper circuit after good Q4 earnings
Revenue from operations for the quarter rose 3.9 percent year-on-year to rs 1,617.3 crore.

Cipla shares gain 2% on partnership with a German firm for anti-diabetic drugs
The stock has rallied 72 percent in last three months as pharma sector has been in focus during covid-19 crisis

Laurus Labs falls over 4% on report of block deals worth Rs 673 crore
These block deals were worth rs 673.08 crore.

Ashok Leyland: Disappointing March quarter
Ashok leyland should be able to outperform its peers on the back of its strong product portfolio

HUDCO shares close at upper circuit after reporting stellar Q4 performance
Consolidated revenue from operations in q4fy20 grew by 28.1 percent to rs 1,888.5 crore compared to year-ago.

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