Latest Stock Market News

SIS Q1 Results: Net profit up 39% at Rs 83 crore

Updated at : 2022-07-27 16:50:03

Rate this item

(1 Vote)

Its revenue for the quarter increased by 13 per cent to Rs 2,678.2 crore from Rs 2,379.3 crore a year ago, a USD 1.3 billion multinational firm in security, facility management and cash logistics solutions said in a statement on Wednesday.

Gross and net NPA ratios stood at 1.25 per cent and 0.51 per cent, respectively. The NBFC had reported gross NPA of 2.96 per cent and net NPA of 1.46 per cent in the year-ago quarter.

“In the T3, T4 markets – which are the smaller markets – we have been seeing downgrades happening from the premium and the luxury products to more economic products and to that extent, a small amount of deferment from a category like painting is possible. However, the T1, T2 market including the metro markets have done extremely well and the support of premium and the luxury products from there has been quite good.”

“We have got significant opportunity yet, if you look at the total PCPL portfolio, I think we have got a significant opportunity to restructure and clean up. As part of that the latest thing that we have announced is our whole cleanup of the international and Indian legal listed entities from 43 entities, we are moving down to 23 or to 25.”

Total income of the company rose to Rs 1,674.50 crore in the reporting quarter from Rs 1,061.24 crore in the same period a year ago.

Gold gains Rs 115; silver rises by Rs 482

Updated at : 2022-07-27 16:50:03

Rate this item

(1 Vote)

"Gold prices have kept firm trading range ahead of US FOMC meet supported by weaker dollar," Tapan Patel, Senior Analyst (Commodities) at HDFC Securities, said.

Tatva Chintan Pharma Chem Ltd., incorporated in the year 1996, is a Small Cap company (having a market cap of Rs 5047.54 Crore) operating in General sector.

Rate this item

(1 Vote)

The Relative Strength Index of the stock stood at 54.59 on Wednesday.

As interest rates go up, it hits both the fixed income as well as the equity markets. Let alone anything with credit risk, the proverbially safest investments in the world, US treasuries (government bonds) are down 8.5 per cent for the year!

The scrip on Wednesday traded at Rs 533.65, up 0.88 per cent, but only after falling 24 per cent in the previous four sessions. Brokerage Prabhudas Lilladher said healthy revenue growth was offset by adverse margins.Seasoned investor Dolly Khanna owned 1,081,526 shares or 1.2 per cent stake in this company as of June 30.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.