Top Stories (07/09/2016)
ICICI Prudential Life gets Sebi nod for IPO The company, which filed the draft red herring prospectus with the Securities and Exchange Board of India (Sebi) on July 18, got the regulator approval on September 2, as per the latest update. The insurer is a venture between banking major ICICI Bank and UK's Prudential Corporation Holdings.
ONGC Q1 net off 21% to Rs 4,232cr; revenues slip to Rs 17,784cr State-owned Oil and Natural Gas Corp (ONGC) today reported a 21 per cent drop in its June quarter net profit as oil prices slumped and its output fell.
BHEL Q1 net jumps 54%, income rises 29%, EBITDA at Rs 71 cr According to a CNBC-TV18 poll, BHEL was expected to post weak June quarter. The company was seen reporting net loss at Rs 15 crore in April-June quarter while revenue was likely to be flat at Rs 4630 crore. Its EBITDA loss in Q1 was expected at Rs 205 crore year-on-year.
ONGC Q1 net off 21% to Rs 4,232cr; revenues slip to Rs 17,784cr State-owned Oil and Natural Gas Corp (ONGC) today reported a 21 per cent drop in its June quarter net profit as oil prices slumped and its output fell.
BHEL Q1 net jumps 54%, income rises 29%, EBITDA at Rs 71 cr According to a CNBC-TV18 poll, BHEL was expected to post weak June quarter. The company was seen reporting net loss at Rs 15 crore in April-June quarter while revenue was likely to be flat at Rs 4630 crore. Its EBITDA loss in Q1 was expected at Rs 205 crore year-on-year.
BHEL's Total income increased 28.7 percent to Rs 5622 crore during the quarter in the financial year 2017. While the last financial year, it was Rs 4,368 crore. for more updates contact and follow stock market tips
ReplyDelete