Auto stocks: Automobile majors will announce their June sales on Wednesday. June sales numbers of Indian automakers are expected to drop 35-70 per cent on a year-on-year (YoY) basis due to supply constraints. The silver lining is that enquiries have improved in the two-wheeler and car segments.
Vodafone Idea: The company posted a loss of Rs 11,643.5 crore for the fiscal fourth quarter, its seventh successive three-month period in the red, hurt by loss of subscribers, high finance costs and a one-time charge related mainly to its statutory dues.
new india assurance: State-owned general insurer new india assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31. The company had registered a net loss of Rs 270.54 crore in January-March period of 2018-19.
BSE: The leading stock exchange said it has executed maiden delivery of gold mini on ‘options in goods’ contract. The delivery was produced by a Delhi-based member,Â while the counterparty buyer was from Punjab, the exchange said in a statement.
Petronet LNG: India’s largest natural gas importer, said its business has quickly recovered from the lockdown lows and both its regasification terminals are operating at their highest rate.
Bank of Baroda: State-owned Bank of Baroda (BoB) said it will mop up Rs 2,000 crore by issuing bonds to fund its growth plans.
Godfrey Phillips: Cigarette maker Godfrey Phillips India reported a 20.5 per cent decline in consolidated net profit to Rs 38.43 crore for the fourth quarter ended March 31.
RITES: The company reported a 4.28 per cent decline in consolidated profit at Rs 143.93 crore for the quarter ended March 31. The railways consultancy firm had posted a consolidated profit of Rs 150.38 crore in the corresponding quarter of previous fiscal.
BGR Energy Systems: BGR Energy Systems reported a consolidated net loss of Rs 4.71 crore for the January-March quarter. The consolidated net profit of the company was Rs 31.96 crore in quarter ended on March 31, 2019.