Indian batch markets were trade with medium waste on Thursday, i.e. 16 August. At 11:07 am, a benchmark SP BSE Sensex was trade during 37,219.79, down 91.74, or 0.25%. The Nifty 50 index slipped 29.15 points, or 0.26%, to 11,000.25. IDBI Bank, Tata Motors, HEG, Yes Bank, Reliance collateral (R-Cap) and Indiabulls Housing Finance were among a pivotal bonds in news today. Read on to know more:
IDBI Bank: IDBI Bank Ltd shares plunged 12% after a lender posted detriment of Rs 3,800.84 crore in a Jun entertain opposite detriment of Rs 2,409.89 crore a year ago. Gross NPA also rose to 29.12% opposite 27.47% in a prior quarter.
Tata Motors: Tata Motors Ltd shares fell 2.7% as Crisil downgraded a long-term rating to AA-/Negative from AA/Negative, citing weakening of opinion on a business risk form of JLR.
Yes Bank: Yes Bank Ltd shares gained 3.2% after a lender set an emanate cost of Rs 83.55 per share for a competent institutional chain (QIP) offering.
HEG Q1: HEG Ltd shares slumped 8% after a company’s combined distinction fell 68.6% to Rs 243.5 crore in a Jun entertain contra Rs 775.7 crore a year ago, while income dipped 48.6% to Rs 816.5 crore contra Rs 1,587.4.
Reliance Capital: Reliance Capital Ltd (R-Cap) shares shot adult 12% as combined distinction jumped to Rs 1,233 crore in a Jun entertain contra Rs 272 crore a year ago, while income rose to Rs 6,069 crore contra Rs 4,619 crore.
Indiabulls Housing Finance: Indiabulls Housing Finance Ltd shares mislaid scarcely 10% after Moody’s downgraded a company’s long-term corporate family ratings to Ba2 from Ba1 and altered a opinion to negative.
Jain Irrigation: Jain Irrigation Systems Ltd declined 6% after a combined distinction fell to Rs 22.08 crore in a Jun entertain contra Rs 81.75 crore a year ago, while income dipped to Rs 1,891.32 crore contra Rs 2,061.07 crore.
Indraprastha Gas: Indraprastha Gas Ltd shares fell 4.5% as distinction declined 3.2% to Rs 218.4 crore in a Jun entertain contra Rs 225.5 crore in a prior quarter, while income rose 2.5% to Rs 1,576.1 crore contra Rs 1,542.7 crore.
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