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Crude Oil - April 6, 2021 - Reliance Securities

Crude Oil - April 6, 2021 - Reliance Securities
Posted On:
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International oil prices are trading with gains on Tuesday supported by bargain hunting.
Upbeat data from the U.S and China lifted sentiments.
However, concerns remain over demand due to lockdowns in certain countries.
Investors are also awaiting the release of U.S. inventory reports from the American Petroleum Institute later on Tuesday and the Energy Information Administration on Wednesday.
Technically, WTI Crude Oil is trading on a positive note which will further take price up to $60.50. Supports are at $59.00 and $58.40 levels. ....

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G M Breweries Ltd Q4FY21 PAT surges to Rs. 45.34 crore

G M Breweries Ltd Q4FY21 PAT surges to Rs. 45.34 crore
Posted On:
G.M.BREWERIES LTD. has reported financial results for the period ended March 31, 2021.
Financial Results (Q4 FY20-21) - QoQ Comparison
The company has reported total income of Rs.490.30 crores during the period ended March 31, 2021 as compared to Rs.411.67 crores during the period ended December 31, 2020.
The company has posted net profit / (loss) of Rs.45.34 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.21.11 crores for the period ended December 31, 2020.
The company has reported EPS of Rs.24.81 for the period ended March 31, 2021 as compared to Rs.11.55 for the period ended December 31, 2020. ....

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HGS AxisPoint Health to Speak at SNP Alliance Spring Roundtable

HGS AxisPoint Health to Speak at SNP Alliance Spring Roundtable
Posted On:
2021-04-06 02:28:27
(Time Zone: Arizona, USA)
Hinduja Global Solutions (HGS) (listed in BSE & NSE) announced today that Michele Kratz, Vice President of Operations for itssubsidiary, HGS AxisPoint Health LLC (HGS AxisPoint Health), will be presenting on Member Engagement Using a Multimodal Approach at the Special Needs Plan (SNP) Alliance Spring Roundtable on Thursday April 8 at 10:00am ET. The SNP Alliance is the leading voice for specialized health plans for those that need them most, focusing on improving the health and well-being of individuals living with significant, complex needs through specialized managed care. ....

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Sobha Ltd - Record quarter for sales bookings - ICICI Securities

Sobha Ltd - Record quarter for sales bookings - ICICI Securities
Posted On:
2021-04-06 02:27:56
(Time Zone: Arizona, USA)
As per Sobha s business update, the company has achieved its highest ever quarterly gross sales bookings in Q4FY21 at 1.34msf worth Rs10.7bn which is up 48% YoY in volume terms and 54% YoY in value terms. A strong QoQ uptick in Bengaluru and continued momentum in Kochi/Gurugram markets has enabled Sobha to cross pre-COVID sales bookings. For H2FY21, the company has achieved its guidance of achieving a YoY growth in sales bookings (up 25% YoY in volume and 38% YoY in value) and has ended FY21 with flattish gross sales volumes of 4.01msf worth Rs31.4bn (Sobha share at Rs24.8bn). We maintain our FY22/23E sales volume estimates of 4.7/5.0msf, respectively and retain our BUY rating with an unchanged SOTP based target price of Rs505/share. Key risks to our call are a slowdown in residential demand and rise in the company s debt levels. ....

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Adani Ports and Special Economic Zone Limited posts 27% YoY growth cargo volume

Adani Ports and Special Economic Zone Limited posts 27% YoY growth cargo volume
Posted On:
2021-04-05 22:03:15
(Time Zone: Arizona, USA)
Adani Ports and Special Economic Zone Limited ( APSEZ ) has announced the operational performance during March 2021, Q4FY21 and FY2021.
- APSEZ in the month of March 21 handled cargo volume of 26 MMT a growth of 41% on Year on Year basis and 23% on Month on Month basis.
- APSEZ handled cargo volume of 73 MMT in Q4FY21 registering a growth of 27% on Year on Year basis.
- APSEZ handled cargo volume of 247 MMT in FY21 registering a growth of 11% on Year on Year basis. ....

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