Eveready Industries Q3 results: Net profit down 51% to Rs 24 cr

New Delhi: Battery and flashlights maker Eveready Industries India Ltd on Friday reported 51.41 per cent decline in consolidated net profit at Rs 23.71 crore for the third quarter ended December 31, 2021. The company had clocked a net profit of Rs 48.80 crore in the year-ago period, Eveready Industries said in a regulatory filing.…Continue Reading

Buy Grasim Industries, target price Rs 1870: Yes Securities

SynopsisGrasim Industries Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 117049.93 Crore) operating in Diversified sector.iStockPromoters held 42.54 per cent stake in the company as of 31-Dec-2021, while FIIs owned 12.81 per cent, DIIs 14.71 per cent.Yes Securities has buy call on Grasim Industries with a…Continue Reading

Sebi bans 14 entities in Lux Industries insider trading case

Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of executive director in the company Topics SEBI | Sebi norms | Lux Industries Capital markets regulator Sebi on Monday barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in…Continue Reading

Buy Reliance Industries, target price Rs 2580: Chandan Taparia

SynopsisReliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1676511.83 Crore) operating in Diversified sector.WikipediaPromoters held 50.61 per cent stake in the company as of 31-Dec-2021, while FIIs owned 27.08 per cent, DIIs 11.29 per cent.Chandan Taparia of Motilal Oswal has buy call on with…Continue Reading

Separate tax slab for industries: stakeholders’ concern over notification

Recently, a major industrial unit which is spread over a large swathe of land, forked out crores of rupees to the local gram panchayat on the outskirts of the city. Stakeholders in the industrial sector are adopting a “wait and watch’’ policy on the separate property tax slab for industries in urban local bodies limits…Continue Reading