Market Today
According to a filing with stock exchanges, the drug-maker said the consolidated revenue from operations grew by 16.4 percent to Rs 6,158.4 crore during the quarter under discussion against Rs 5292.2 crore in the last quarter of FY 19.
2. BPCL Q4: Fuel refiner posts loss of Rs 1,819.6 crore on inventory loss, lower refining margins
The outbreak of COVID-19 globally and resultant lockdown in many countries, including from March 25, 2020 in India, has had impact on the business of the Group, said BPCL.
3. Motherson Sumi’s profit margins impress in Q4
Shares of Motherson Sumi Systems Ltd have gained 4.5% since the automobile components manufacturer announced its March quarter results. While revenues dropped 12% from a year earlier, operating profit rose 7%.
4. IDBI Bank zooms 57% in 3 days post Q4 nos
IDBI Bank became the eighth most valued listed lender after an over 55 per cent rally in the past three trading days.
5. Adani Power share price dives 9% from day’s high, Board starts contemplating on delisting proposal
After surging 15% in the last three days, the share price of Adani Power tanked over 8.7% from the day’s high on Wednesday as the Board of Directors took on record the proposal to delist the company from the stock exchanges.
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