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1 Crompton Greaves Consumer Electricals Ltd on reported a 28 increase in consolidated net profit at Rs 141

1) Crompton Greaves Consumer Electricals Ltd on reported a 28% increase in consolidated net profit at Rs 141.68 crore for the quarter ended September 2020. Revenue from operations climbed 13% to Rs 1,213.19 crore during the 2Q2020 , as against Rs 1,075.79 crore in the same period previous fiscal. Total expenses were at Rs 1,040.73 crore as against Rs 961.60 crore earlier, up 8%. 2) Flipkart is buying 7.8% stake in Aditya Birla Fashion for Rs 1500 crore at Rs 205 per share. The Aditya Birla Fashion board approved the issuance of equity shares on a preferential basis to Flipkart Investments Private Limited, a foreign portfolio investor, aggregating to Rs 1500 crore. The promoter and promoter group companies of ABFRL will hold about 55.13% upon completion of the issuance. #MOMarketUpdates #MotilalOswal #indianStockMakret #AdityaBirla #FLipkart #Nifty #sensex #CromptonGreaves

Posted on : 23 Oct 2020 6:04 PM
 Why are commodities emerging as a distinct asset class Click on the bio link to read the article.

Why are commodities emerging as a distinct asset class? Click on the bio link to read the article. #InvestingTakeaway

Posted on : 22 Oct 2020 2:10 PM
1 Bajaj Consumers gained 4 Company announced ebitda up 2.3 to Rs 62.4 crore and Ebitda margin at 27.5 from 27

1) Bajaj Consumers gained 4% - Company announced - ebitda up 2.3% to Rs 62.4 crore and Ebitda margin at 27.5% from 27.7% 2) Creditors to Jet Airways have approved a resolution plan which will give the country's oldest private carrier a new lease of life. The plan submitted by a consortium of London-based Kalrock Capital and UAE-based businessman Murari Lal Jalan comes after months of talks over the airline's future and was confirmed in the regulatory filing. Jet's gross debt likely to add up to Rs11,261 cr, this includes Rs7,251 crore from nine domestic lenders, another Rs4,000 crore of foreign borrowing and unpaid interest amount of Rs1,000 crore. The grounded airline had borrowed from public sector banks, including SBI and PNB along with private banks such as YES Bank and IDBI Bank. Of this, SBI has the maximum exposure of 27% (nearly Rs2000cr), followed by PNB at 24%, YES Bank at 12% and IDBI Bank at 10.4%.

Posted on : 19 Oct 2020 5:10 PM
For the stock market rule is always same Stay Invested for long term.

For the stock market rule is always same Stay Invested for long term. #Mirzapur2 #stayinvested #stockmarket #motilaloswal #mirzapur #trending #topicalspot #topicalpost

Posted on : 23 Oct 2020 1:51 PM
1 Hindustan Zin Stock price gained after positive Q2 results

1) Hindustan Zin Stock price gained after positive Q2 results. The total income of the company increased to Rs 6,050 crore in the July-September period from Rs 5,101 crore in the year-ago period.2) The SBI will offer interest concessions up to 20 basis points for loans above Rs 75 lakh, based on the CIBIL score. An additional concession of 5 basis points will be offered if home loans applied through YONO, it said in a statement. The customer will get a credit score-based concession up to 10 basis points for loans ranging between Rs 30 lakh to Rs 75 lakh. An additional interest concession of 5 basis points will also be offered to women home buyers. #MOMarkerketUpdates #MotilalOswal #SBI #homeloans #festiveseason #festiveoffers #indianstockmarket #nifty #sensex

Posted on : 21 Oct 2020 6:00 PM
Guess the team player of Market Risers. To find the right answer click on the bio link and visit site.

Guess the team player of Market Risers. To find the right answer click on the bio link and visit site. #MOPPL

Posted on : 23 Oct 2020 12:23 PM
Hindustan Copper is up 10 after the news that the govt is looking strategic sale of Hind Copper to meet disinvestment targe...

Hindustan Copper is up 10% after the news that the govt is looking strategic sale of Hind Copper to meet disinvestment target. #MOMarketUpdates #Indianstockmarket #Nifty #sensex

Posted on : 20 Oct 2020 5:59 PM
Copper rose to 7,034 a metric ton, the highest level since June 2018, on London Metal Exchange on Wednesday, on optimism ar...

Copper rose to $7,034 a metric ton, the highest level since June 2018, on London Metal Exchange on Wednesday, on optimism around a U.S. stimulus package and concerns about supply disruptions due to labour disputes at Chilean mines. Aluminium Price surged to $1843/MT on LME over 1-year high. The rising base metal price will be positive for Hindalco, Vedanta, Hind Zinc and Nalco. Among the ferrous stocks like Tata Steel, JSW Steel, Jindal Steel and NMDC will be positive. #MOMarketUpdates #MotilalOswal #IndianStockMarket #basemetal #Copper #Aluminium #Nifty #sensex

Posted on : 22 Oct 2020 6:08 PM
To find the right answer click on the bio link.

To find the right answer click on the bio link. #MOPPL

Posted on : 20 Oct 2020 10:50 AM

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