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Stocks in the news: SBI, Voltas, Minda Industries, Andhra Bank, HCL Tech, Fortis

6 November, 2018 2:18 AM
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Stocks in the news: SBI, Voltas, Minda Industries, Andhra Bank, HCL Tech, Fortis

Minda Industries | Andhra Bank | Bank Of Baroda | Power Grid | Phoenix Mills | Godrej Agrovet and Asahi India are stocks, which are in news today.

Eveready Q2: Its net profit fell 32 percent year on year at Rs 25 crore. The revenue fell 4 percent at Rs 383.5 crore.

Sheela Foam Q2: Net profit falls 30 percent at Rs 22 crore. The revenue rose 10 percent at Rs 449.9 crore.

Inox Wind Q2: The consolidated net profit was reported at Rs 1.5 crore. Revenue rose to Rs 436.6 crore against Rs 79.5 crore last year.

Andhra Bank: The Board has approved divestment of stake in ASREC, lndia lntl Bank (Malaysia) & lndiaFirst Life lnsurance.

Minda Industries: The Board approved investment to set up new manufacturing plant for Rs 76.52 crore.

Allcargo Logistics Q2: Net profit fell 4 percent at Rs 62.8 crore. Revenue grew 12 percent at Rs 1,737.2 crore.

Godrej Agrovet Q2: Net profit grew 17 percent at Rs 99 crore. Revenue has risen 11 percent at Rs 1,588 crore.

Phoenix Mills Q2: Net profit grew 87 percent at Rs 56.2 crore. Revenue rose 9.2% at Rs 404.7 crore.

Aegis Logistics Q2: The net profit fell to Rs 49 crore, while revenue rose 15 percent at Rs 1,425.9 crore.

Power Grid Q2: Net profit reported at Rs 2,309.5 crore, while revenue has been reported at Rs 8,283 crore.

Bank Of Baroda: Increased MCLR by 10 basis points across tenors from November 7, 2018.

Source: moneycontrol.com

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