Ways2Capital Stock Update : L&T Infotech Net Profit Falls 6% QoQ At Rs 375.5 crore; CC Revenue Growth At 6.1% QoQ

Larsen & Toubro Infotech reported a fall of 6 percent (quarter-on-quarter) in its net profit for December quarter at Rs 375.5 crore. It had reported a profit of Rs 400.3 crore during the previous quarter. Its revenues grew 6 percent to… Continue Reading

Ways2Capital Equity Update : Shilpa Medicare Rises 3% On USFDA Approval For Imatinib Mesylate Tablets

Shares of Shilpa Medicare rose 3.8 percent intraday Friday after company received US Food and Drug Administration (USFDA) approval for its ANDA, Imatinib Mesylate Tablets, 100 mg and 400 mg. Imatinib Mesylate Tablets is a generic equivalent of the reference listed drug… Continue Reading

Ways2Capital Stock Update : RIL Q3 Profit Rises 7.7% To Rs 10,251 cr, GRM At $8.8/bbl; Jio Net Jumps 22%

Oil-retail-to-telecom giant Reliance Industries has reported a better-than-expected 7.7 percent sequential growth in third quarter consolidated net profit at Rs 10,251 crore, driven by other income as well as telecom and retail segments. Reliance Group’s flagship company became the first Indian private… Continue Reading

Ways2Capital Equity Update : Cyient Plunges 8% As Investors React To Fall In Q3 Profit To Rs 92.3 crore

Shares of Cyient were down around 8 percent as investors turned wary of the stock after December quarter results’ announcement. The company’s profit has fallen 27 percent to Rs 92.3 crore, while revenue remain unchanged at Rs 1,187.7 crore quarter on quarter.… Continue Reading

Ways2Capital Stock Update : Sun Pharma Plummets Over 12% Over Buzz Of Fresh Whistleblower Complaint

Shares of Sun Pharmaceuticals plummeted over 12 percent as investors reacted to a fresh complaint by a whistleblower against the company. According to Moneylife magazine, between 2014 and 2017, Aditya Medisales (AML) has had over Rs 5,800 crore of transactions with Suraksha… Continue Reading

Ways2capital Stock Update : Jet Airways falls over 1% on buzz of banks seeking Goyal’s exit from Board, fall in passenger numbers

Shares of Jet Airways fell over a percent in morning trade on Wednesday as investors reacted to multiple developments. The Naresh Goyal-led airline flew 14.7 lakh passengers in November 2018, down by about 1.5 lakh passengers from January. In January… Continue Reading