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Optimistic in medium to long term; can’t see growth in Q1: Dinanath Dubhashi SECTIONS Last Updated: Apr 30, 2021, 03:41 PM IST Share Synopsis “Waves or cycles happen over four or five years. This time it has happened over four quarters and hence every good company should not try to guess what will happen because guessing is of no use at all.” Related NSE Explore Now We will have to wait till maybe the first part of the second quarter to see how Covid develops. Over the medium to long term, I remain optimistic about the market as well as our strengths, says ....
Key indices traded in a narrow range with losses in early afternoon trade. Mixed global cues and soaring new Covid-19 cases in the country weighed on the sentiment. At 12:28 IST, the barometer index, the S&P BSE Sensex, was down 389.56 points or 0.78% at 49,376.75. The Nifty 50 index slipped 94.85 points or 0.64% at 14,800.95. In broader market, the S&P BSE Mid-Cap index was up 0.2% while the S&P BSE Small-Cap index gained 0.51%. The market breadth was positive. On the BSE, 1489 shares rose and 1220 shares fell. A total of 167 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 809.37 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 942.35 crore in the Indian equity market on 29 April, provisional data showed ....
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%. ....
Titan Company: The Tata group firm reported an increase of 65.6 per cent in its consolidated net profit to Rs 568 crore for the fourth quarter ended March 31, helped by a strong growth in jewellery segment. It had posted a net profit of Rs 343 crore in the January-March 2020 quarter, Titan Company said in a regulatory filing. NBCC: State-owned NBCC has sweetened its bid and will offer up to 1,903 acre land parcels to lenders as against the earlier offer of 1,526 acres to acquire Jaypee Infratech through the insolvency process. Ambuja Cements: The cement maker, part of Swiss firm LafargeHolcim, reported a 65.4 per cent jump in consolidated net profit to Rs 1,228.24Â crore for the first quarter ended March 2021, helped by volume growth. ....
L&T Finance Holdings Ltd Q4FY21 consolidated net profit at Rs. 266.85 crore equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.