We had mentioned in Monday’s closing report that Nifty, Sensex were trading in a narrow range. On Tuesday, the major indices ended with decent gains.
On the NSE, there were 1,105 advances, 713 declines and 372 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
Gayatri Projects was declared the lowest bidder for a project in Uttar Pradesh worth Rs 196 crore.
Minda Industries raised over Rs 242 crore through rights issue to existing investors.
Future Retail incurred a net loss of Rs 561.95 crore against a profit of Rs 159.24 crore in the corresponding quarter a year ago. Revenue from operations stood at Rs 1,358.11 crore against Rs 5,197.11 crore YoY.
PVR’s consolidated loss after tax for the quarter was Rs 226 crore as compared to a profit of Rs 18 crore during the corresponding period of last year. Consolidated revenues were Rs 55 crore as compared to Rs 887 crore YoY.
JB Chemicals’ net profit was reported at Rs 119.5 crore up by 92.4% YoY. Consolidated net revenue stood at Rs 522.28 crore, which was up 17.07% YoY.
ICICI Bank received exemption from paring stake to 30 percent in its insurance subsidiaries for three years.
Mirza International reported a consolidated loss of Rs 23.62 crore against a profit of Rs 15 crore YoY. Consolidated income fell to Rs 83.25 crore against Rs 308.09 crore in the corresponding quarter a year ago.
SAIL reported consolidated net loss at Rs 1,226.5 crore against profit of Rs 102.7 crore YoY. Consolidated revenue was down 38.8% YoY at Rs 9,067.5 crore against Rs 14,820.9 crore YoY.
Bannari Amman Spinning Mills reported net loss of Rs23.41 crore compared to profit of Rs5.95 crore YoY. Revenues declined 51% YoY to Rs137.26 crore.
Alankit reported 14% YoY decline in net profits to Rs2.76 crore. Revenues declined 16.77% YoY to Rs28.24 crore.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: