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Qgo Finance standalone net profit rises 13 33% in the March 2021 quarter

Qgo Finance standalone net profit rises 13 33% in the March 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Australia Stocks end near 14-month highs

The Australian share market finished session higher on Tuesday, 04 May 2021, after the Reserve Bank of Australia announced its decision to maintain its current policy settings, including keeping the cash rate at 0.1%. At closing bell, the benchmark S&P/ASX200 added 39.06 points, or 0.56%, to 7,067.86. The broader All Ordinaries advanced 36.71 points, or 0.5%, to 7,323.54. Shares of Treasury Wine Estates were up after announcement it inked a deal with America s second-largest drinks distributor Republic National Distributing Company (RNDC) to expand the reach of its wine labels throughout the U. S. market. Shares in Super Retail Group gained after the outdoors retailing collective reported a 28% rise in total like-for-like sales across the first 44 weeks of the 2021 financial year. Sales also increased 26% from last year.

L&T Finance slips after Q4 PAT skids 31% YoY | Business Standard News

L&T Finance Holdings (LTFH) slipped 1.39% to Rs 88.65 after the company s consolidated net profit dropped 30.9% to Rs 265.97 crore on 4.7% rise in total income to Rs 3,587.18 crore in Q4 FY21 over Q4 FY20.The company said that the quarter continued to see economic recovery across sectors led by rural and infrastructure space, which helped its businesses. The company s rural franchise was strengthened with highest ever quarterly disbursements, with leadership positions in farm & two-wheeler financing. The company s infra finance segment witnessed robust sell down momentum which touched Rs 979 crore in the quarter and NIMs+fees increased to 8.17%, duly aided by lowest ever quarterly WAC at 7.65%.

Atishay Ltd leads losers in B group

Easy Trip Planners Ltd, Nagreeka Exports Ltd, Om Infra Ltd and Times Guaranty Ltd are among the other losers in the BSE s B group today, 15 April 2021. Easy Trip Planners Ltd, Nagreeka Exports Ltd, Om Infra Ltd and Times Guaranty Ltd are among the other losers in the BSE s B group today, 15 April 2021. Atishay Ltd lost 13.16% to Rs 32 at 14:28 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 3042 shares were traded on the counter so far as against the average daily volumes of 7624 shares in the past one month. Easy Trip Planners Ltd crashed 9.46% to Rs 173.75. The stock was the second biggest loser in B group.On the BSE, 95268 shares were traded on the counter so far as against the average daily volumes of 5.35 lakh shares in the past one month.

Sensex, Nifty trade with modest gains

Read more about Sensex, Nifty trade with modest gains on Business Standard. The benchmark indices were trading with modest gains in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 120.49 points or 0.25% at 48,003.87. The Nifty 50 index gained 32.10 points or 0.22% at 14,342.90.

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