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Orient Cement posts net profit of Rs 53.88 cr in December quarter - Vimarsana News

Orient Cement posts net profit of Rs 53.88 cr in December quarter

C K Birla Group firm Orient Cement Ltd on Thursday reported a net profit of Rs 53.88 crore for the third quarter ended December 2020. It had posted a net loss of Rs 5.67 crore in the October-December period a year ago, Orient Cement said in a BSE filing. Its revenue from operations rose 7.10 per cent to Rs 604.61 crore during the quarter under review as against Rs 564.49 crore in the corresponding period of the previous fiscal. Total expenses were at Rs 528.24 crore as against Rs 575.24 crore earlier, down 8.17 per cent. In a separate filing, Orient Cement said its board on Thursday reco...

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday - Vimarsana News

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

US stocks retreat from all-time highs Wall Street's main indexes slipped from record levels on Monday as investors locked in gains after a stellar vaccine and stimulus-fueled rally, while Twitter shares slumped following the permanent suspension of President Donald Trump's account. The Dow Jones Industrial Average fell 167.89 points, or 0.54%, to 30,930.08, the S&P 500 lost 28.84 points, or 0.75%, to 3,796.14 and the Nasdaq Composite lost 161.41 points, or 1.22%, to 13,042.36. European shares rally falters European stocks fell from over 10-month highs on Monday after rallying last week, as in...

market outlook: Ahead of Market: 12 things that will decide stock action on Thursday - Vimarsana News

market outlook: Ahead of Market: 12 things that will decide stock action on Thursday

Explore Now NEW DELHI: Nifty again touched its lifetime high, but shied away from breaching the crucial mark of 14,000 in today's trade and formed a Dragonfly Doji formation for the day, signalling indecisiveness in the market. Nifty continued its winning streak for the sixth consecutive session, but the recent indecisive candles call for caution with the trade. Rohit Singre, Senior Technical Analyst at LKP Securities said, "The index has reached its immediate and strong hurdle zone of 14,000-mark and if Nifty managed to hold above the 14,000-mark, then only we may see the current bullish mom...

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday - Vimarsana News

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

Explore Now NEW DELHI: Nifty breached the 13,900 levels and touched its lifetime on Tuesday forming an indecisive candle on the daily chart as the index settled higher, riding the rally in bank and IT stocks amid strong global cues. The index continued its rally to the fifth consecutive session. Aditya Agarwala, senior technical analyst - institutional equities, YES Securities said "A sustained trade above 13,950-13,975 will extend the gains, taking the 50-pack higher to the levels of 14,050-14,150, which happens to be the upper end of a crucial rising channel formed, joining major highs and ...

Ahead of Market: 12 things that will decide stock action on Monday - Vimarsana News

Ahead of Market: 12 things that will decide stock action on Monday

Ahead of Market: 12 things that will decide stock action on Monday SECTIONS Share Shutterstock.com As many as 200 stocks on the BSE 500 index settled the day in green, while 296 settled the day in red. NEW DELHI: Nifty formed an indecisive candle on the daily chart on Friday after it closed on a positive note for the seventh consecutive week. Shrikant Chouhan, Executive Vice President, Equity Technical Research, Kotak Securities, said, "For the next few trading sessions, 13,650 should be the sacrosanct level for the trend following traders. Above the same, we can expect an uptrend continuati...