: Latest #StockMarketNEWS by #MunafaSutra Daily Updates RBL Bank declines 12% from day's high in a firm market post Q4 results

@StockMarketNEWS Fri 08 May, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

RBL Bank declines 12% from day's high in a firm market post Q4 results
The bank's total revenue jumped 33 per cent yoy to rs 1,522 crore from rs 1,148 crore reported in q4fy19, while its net interest income came in at rs 1,021
crore, up 38 per cent yoy from rs 739 crore

Asian Paints extends loss into 8th day on report RIL mulls stake sale
The company controlled by mukesh ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in asian paints through a series of
block trades, reports suggest.


SBI Cards and Payment Services Q4 profit slips 66% YoY to Rs 83.5 crore
Gross non-performing assets (gnpa) improved by 43bps to 2.01 per cent, the company said.

Goldman Sachs, Nomura lower FY21 GDP estimate for India; see more rate cuts
Analysts at goldman sachs expect the indian economy to contract 0.4 per cent in fy21 versus consensus median 2.7 per cent

Cyient locked in 10% lower circuit on lower-than-expected Q4 results
The company's march quarter (q4f20) performance came below expectations on, both, revenue and margin terms largely due to the impact of covid-19.

Laurus Labs under pressure, plunges 10% after multiple block deals
Till 12:44 pm, a combined 34.4 million equity shares, representing 32.2 per cent of total equity of laurus labs, changed hands on the bse and nse.


Hindalco gains 5% after unit Novelis' Q4 results; brokerages maintain 'buy'
Novelis informed that its net income attributable to its common shareholder came in at million for the quarter under review, down 39 per cent year-on-year
(yoy

HUL surges 4% after Societe Generale buys 129 million shares via bulk deal
On thursday, uk-based glaxo-smithkline (gsk) offloaded its stake in hul via block deals.

Dr Reddy's hits 52-week high after USFDA issues EIR for Srikakulam facility
The company said, with this, all facilities under warning letter are now determined as voluntary action indicated (vai)


Stocks to watch: RIL, Tata Motors, RBL Bk, Adani Gas, SBI Cards, SKF India

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