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Shree Digvijay Cement posts 8% rise in income


Shree Digvijay Cement posts 8% rise in income
29 April 2021
India’s Shree Digvijay Cement Co has announced a total income of INR5.09bn (US$68.8m) in the full-year period ended 31 March, up 7.9 per cent YoY from INR4.72bn. Net profit declined 4.3 per cent YoY to INR539.9m from INR564.3m in the FY19-20.
In the final quarter of the fiscal, the company saw its total income rise 21.5 per cent to INR1.77bn and its net profit increase 96 per cent YoY to INR274.3m.
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Market may open on a positive note - The Hindu BusinessLine


Market may open on a positive note
April 28, 2021
Volatility, however, will rise ahead of F&O expiry
Domestic markets are likely to remain positive on Wednesday despite mixed global cues. Short-covering ahead of F&O expiry (April contracts) on Thursday and relatively better preparedness to tackle the spread of Covid-19 seemed to have infused a positive sentiment in the market, said analysts.
Though FPIs continue their selling, domestic funds and institutions resort to aggressive buying at lower levels and keep the market afloat, they added. Ahead of the F&O settlement, market is expected to remain volatile.
The SGX Nifty is currently ruling at 14,732 (8 am) as against Nifty April futures close of 14,644 and 14,698 (May futures), signalling positive bias. Asian markets remain mixed, with Japan, Australia, Hong Kong and the Philippines remaining in the green while Korea, Taiwan and China in the red. Overnight, the US markets ended little changed. ....

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