The Indian stock market ended the fiscal year 2019 on a positive note on, with frontline indices rallying more than 15 percent. Indian equities are set for a positive start on Monday, tracking gains in the Asian markets. On Friday, the 30-share BSE Sensex gained 127.19 points to close at 38,672.91 while Nifty50 rose 53.90 […]
Tag: XNSA_BERGER
Investors Trade N20bn Shares in One Week as Index Sheds 4.59%
By Dipo Olowookere A total turnover of 3.544 billion shares worth N20.264 billion in 19,130 deals were traded last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 2.629 billion shares valued at N12.794 billion that exchanged hands the previous week in 15,558 deals. In the […]
D-Street Buzz: DLF tanks 6% as Nifty Realty underperforms; PSU banks gain, NIIT zooms 17%
Dalal Street has turned red in the afternoon session with Nifty shedding 37 points trading at 11,628 while the Sensex is down 88 points and is trading at 38,773. Nifty Energy shed over half a percent dragged by HPCL which is down over 3 percent followed by BPCL, Indian Oil Corporation, Reliance Industries and GAIL […]
Can Meyer Plc run with the competition ?
Meyer paints Meyer Plc, yesterday announced the appointment of a new Managing Director, Mr Devashish Lash, effective February 1st, 2019. The company also announced the resignation of its Chief Financial Officer (CFO) , Kehinde Yusuf, effective 31st December 2018. The moves may be part of a shakeup which the company has embarked on in the […]
Berger Paints Q3 Net Profit up by 7.4% at INR 119.5 crore
Revenue from Operations for the quarter ended 31st December, 2018 was Rs.1, 460.1 crores as against Rs. 1,206.3 crores in the corresponding quarter of the last year representing an increase of 21% over the corresponding period of last year Highlights of the standalone results for the quarter ended 31st December 2018: a. Revenue from Operations […]
Nigerian stocks tumble as demands diminishes
The Nigerian Stock Exchange (NSE) continued to stumble as the all share index closed at 36,232.66 basis points down 0.20%. Year to date, the index is down 5.26%. Top Gainers and Losers Courtville Business Solutions closed at N0.22, down 10%. Sterling Bank closed at N1.49, down 9.56%. Niger Insurance closed at N0.39, down 8.33%. On […]
Berger Paints Q1 net profit rises 19% to Rs 135 crore
The company had posted a net profit of Rs 112.88 crore in the June quarter a year ago, Berger Paints said in a BSE filing. Berger Paints NSE 3.47 % today reported 19.48 per cent increase in its consolidated net profit to Rs 134.88 crore for the first quarter ended June 30. It had posted […]
Stock market update: Over 45 stock touch 52-week lows in a bullish market
Infosys, the top loser among Nifty stocks, plunged over 3 per cent. NEW DELHI: Even as equity benchmarks Nifty50 and Sensex touched fresh record highs on Monday, over 45 stocks fell to hit 52-week lows on NSE. Stocks that plumbed 52-week lows during Monday’s session included Accelya Kale Solutions , Balaji Telefilms, Byke Hospitality, DPSC […]