We had mentioned in Monday’s closing report that Nifty, Sensex continue to trade in a narrow range. On Tuesday, the major indices rallied and posted major gains. On the NSE, there were 1,294 advances, 518 declines and 372 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
Zee Entertainment Enterprises consolidated net profit went down 94.3% YoY to Rs 30.4 crore against Rs 530.6 crore. Consolidated revenue was down 34.7% YoY to Rs 1,312 crore against Rs 2,008 crore.
KNR Constructions consolidated net profit for June quarter went up 8.8% YoY to Rs 46.68 crore against Rs 42.89 crore. Revenue went down at Rs 522.52 crore against Rs 530.71 crore YoY.
SBI Cards and Payment Services board has approved the allotment of 5,000 fixed-rate, unsecured, redeemable, non-convertible debentures aggregating to Rs 500 crore on private placement basis.
Singularity Holdings acquired 35 lakh shares of CG Power and Industrial Solutions at Rs 13.95 per share on the NSE and Blue Diamond Properties bought 4,12,93,778 shares of Rs 13.97 per share on the BSE.
GPT Infraprojects bagged a Rs196.30-crore order for the Metro Railway project in Kolkata. The contract includes the construction of Metro Railway Viaduct from P276 to P314 including Mominpur Station and Majerhat Station and Ramp at Joka Depot end.
Vascon Engineers reported a consolidated net loss of Rs 37.3 crore against a profit of Rs 5.7 crore YoY. Consolidated revenue went down 66.8% YoY to Rs 43.4 crore against Rs 130.6 crore.
Madras High Court rejected Vedanta Resources Plc’s petition to challenge the March 2018 closure order by the Tamil Nadu government of Sterlite Copper smelter plant in Tuticorin, about 610 km from Chennai, in March 2018.
Petronet LNG reported an 11% YoY decline in consolidated net profit to Rs 499.79 crore compared to Rs 561.94 crore in the year-ago.
Gujarat Industries Power Company reported 29% YoY decline in net profits for June quarter at Rs60.86 crore. Revenues declined 6% YoY to Rs343 crore.
KNR Constructions reported 8.6% YoY rise in net profits to Rs46.58 crore. Revenues declined 3.63% YoY to Rs529.51 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: