Stocks in the news
Results:
Tata Metaliks, South Indian Bank, Karnataka Bank, Rallis India, Cyient, Hathway Cable & Datacom, Sanathnagar Enterprises, Roselabs Finance, Rishabh Digha Steel & Allied Products, Fervent Synergies and Dhruv Estates are among the companies that will release their December quarter numbers on January 16.
Den Networks:
The company reported a net profit of Rs 12.3 crore for Q3FY20 against a loss of Rs 31.2 crore in Q3FY19. Revenue from operations for the quarter came at Rs 318 crore for the said quarter against Rs 308 crore in the same quarter a year ago.
Indian Oil Corporation:
The company has informed the exchange regarding the issue of unsecured debentures on private placement basis.
Reliance Industrial Infrastructure:
Company's net profit jumped 12.6 percent YoY to Rs 2.46 crore in Q3FY20 against Rs 2.18 crore in Q3FY19.
Asian Paints:
CCI will probe anti-trust moves of the company against JSW Paints.
Alps Industries:
Allahabad HC dismissed winding-up petition filed by Kotak Mahindra Bank.
Torrent Pharma:
Board will consider raising funds via equity on January 27.
Kotak Mahindra Bank:
Lender sold its entire stake of 5.56 percent in Equifax Credit Info Services.
Sterlite Tech:
Q3 profit fell 43.1 percent to Rs 91 crore, revenue declined 11.5 percent to Rs 1,203 crore QoQ.