Future Retail Q4FY19: Good Results EBITDA Margins Expand 100 Bps despite 20 bps contraction in Gross Margins Future Retail Q4FY19: Revenue 5397 Cr vs Edel Est 5081 Cr EBITDA 291 Cr vs Edel Est 246.4 Cr PAT 203 Cr vs Edel Est 171.9 Cr @fg_buzz #FMCGisLife
MANPASAND BEVERAGES: Top Executives arrested for creating Fake Company Units & Committing Tax Evasion exactly 1 yr after Auditor Resignation Issue. Reflects extremely poorly on Mgmnt, Governance, Institutional Investors and PE Investors in Co. @SEBI_India
PAGE IND 3rd Qtr of Disappointment Stock -40% From Peak of 36336 Even at 22K trades at 42X FY20e (Peak 68X) Conversely, ABFRL says: Innerwear continued to scale up in Q4, MBOs reached ~14k Revenue 2X in FY19 Forayed into women’s innerwear Competition hurting @JockeyIndia?
PC JEWELLER Board meet rescheduled to May 30th. Any reason @PCJeweller?
Jindal Stainless Hisar Ltd said net profit for FY19 stood at Rs 261 crore, 34% lower than FY18, while net revenue was at Rs 8,956 crore, 3% lower than FY18 due to rising trade tensions among US &China, volatility in commodity prices & a sharp jump in graphite electrode prices
The board of JSW Steel approved the raising of long term resources worth Rs 7,000 crore in its meeting held on Friday. The funds will be raised through NCDs and /or Qualified Institutional Placement
JSW Steel its steel exports were at 2.4 million tonne in FY19, down 34% year on year. It accounted for 15% of sales compared to 23% of sales in FY18.
JSW Steel said its domestic steel sales touched 13.2 million tonne in FY19 up 11% year on year against a 7.5% rise in doemstic steel demand.
JSW Steel 's consolidated net profit went up 23% to Rs 7524 crore in FY19
JSW Steel 's saleable steel output was at 15.76 million tonne in FY19, up 1% year on year
JSW Steel has said its standalone net profit was at Rs 8259 cr in FY19, up 79% year on year
A fire broke out at Steel Authority of India's (SAIL)Bhilai Steel Plant at 8:30 am on Friday morning at the Tar Distillation Unit in the plant's Coke Ovens and Coal Chemicals Department. No casualties were reported.
JSW STEEL FY20 Guidance - From Press Release Company expect 1.5% growth in sales and crude steel productions YOY Guidance translates into 94% capacity utilisation Source: Company Statement
Market Guru @VikramKotak believes #NIFTY will hit 16000-17000 in tow years. Watch full interview on @CNBCBajar
LAST LEG OF RESULTS NEXT WEEK (Nifty50 comp) 25th MAY NTPC 27th MAY GAIL ADANI PORTS ZEE ENT 28th MAY SUN PHARMA 29th MAY M&M POWER GRID 30th MAY COAL INDIA ONGC
THE COMPARISON FY-19 #TCS #DXC Revenues $ 20.9 Bn $ 20.7 Bn Margins 25.6% 15.8% Now ... THE NEW PEKING ORDER 1. IBM ($ 79.6 Bn) 2. Accenture ($ 41 Bn) 3. TCS ($ 20.9 Bn) @CNBC_Awaaz #AwaazMarkets
Yesterday American IT Company #DXC Technology Announced Its Results Clogged Revenues of $ 20,753 Million #ALERT #TCS Had clogged Revenues of $ 20,913 Million in FY-19 Thus has displaced DXC To Become The World’s Third Largest IT Company #TCSNo3 @CNBC_Awaaz #AwaazMarkets
Analyst / investor meetings MCX with Banyan Tree Advisors is scheduled to be held on 24th MAY MAHINDRA HOLIDAYS 27th May Several Funds/Investors in Mumbai at Axis Capital conference EICHER MOTORS On 24th May with Neuberger Berman
Analyst / investor meetings SHRIRAM CITY 29th May with Wellington Management in Chennai HDFC BANK will host an Analyst Meet for sell-side analysts on 28th May in Mumbai TEJAS NETWORKS is organising its Analyst Day on Friday, May 31st in Mumbai
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