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Palash Securities reports consolidated net loss of Rs 9.06 crore in the March 2021 quarter

Palash Securities reports consolidated net loss of Rs 9.06 crore in the March 2021 quarter
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Volumes spurt at AAVAS Financiers Ltd counter

AAVAS Financiers Ltd notched up volume of 92133 shares by 10:49 IST on BSE, a 45.45 fold spurt over two-week average daily volume of 2027 shares
Godrej Consumer Products Ltd, Godrej Industries Ltd, ICICI Lombard General Insurance Company Ltd, Siemens Ltd are among the other stocks to see a surge in volumes on BSE today, 12 May 2021.
AAVAS Financiers Ltd notched up volume of 92133 shares by 10:49 IST on BSE, a 45.45 fold spurt over two-week average daily volume of 2027 shares. The stock rose 1.35% to Rs.2,281.00. Volumes stood at 1916 shares in the last session.
Godrej Consumer Products Ltd recorded volume of 5.71 lakh shares by 10:49 IST on BSE, a 12.22 times surge over two-week average daily volume of 46764 shares. The stock gained 24.25% to Rs.889.55. Volumes stood at 64137 shares in the last session. ....

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Trent posts Q4 PAT of Rs 17 cr

Trent reported a 441% jump in consolidated net profit to Rs 17.44 crore on 7.4% rise in net sales to Rs 905.55 crore in Q4 FY21 over Q4 FY20.Consolidated pre-tax profit stood at Rs 39.87 crore in Q4 FY21 compared with pre tax loss of Rs 36.66 crore registered in Q4 FY20. The result was announced after market hours on Friday, 30 April 2021.
On a standalone basis, Trent registered net profit Rs 56.88 crore in Q4 FY21, steeply higher than Rs 2.61 crore posted in Q4 FY20. Net sales grew by 7% year on year to Rs 773.68 crore in Q4 FY21.
During the initial months of the quarter, Trent said that the pandemic related restrictions had eased considerably aiding sentiment and improving consumer traction. This coupled with various cost mitigation measures, including with respect to property related payouts and operating expenditures, led to profit from operations registering encouraging growth. However, Trent further added that the recovery has been impacted by the lockdown / trade re ....

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Financials stocks slide

Financials stocks were trading with losses, with the S&P BSE Finance index decreasing 235.04 points or 3.15% at 7220.35 at 13:49 IST.
Among the components of the S&P BSE Finance index, Indiabulls Housing Finance Ltd (down 5.69%), Can Fin Homes Ltd (down 5.53%),Bajaj Finance Ltd (down 5.43%),Canara Bank (down 5.41%),IndusInd Bank Ltd (down 5.33%), were the top losers. Among the other losers were Tourism Finance Corporation of India Ltd (down 5.17%), IFCI Ltd (down 4.99%), Equitas Small Finance Bank Ltd (down 4.68%), Bajaj Finserv Ltd (down 4.56%), and State Bank of India (down 4.47%).
On the other hand, Satin Creditcare Network Ltd (up 3.39%), Magma Fincorp Ltd (up 3.25%), and Religare Enterprises Ltd (up 2.63%) turned up. ....

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Investors' wealth tumbles over Rs 4.54 trillion as markets crash

Read more about Investors wealth tumbles over Rs 4.54 trillion as markets crash on Business Standard. The 30-share BSE benchmark index plummeted 1,449.03 points to 48,580.80 in morning trade ....

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