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Monday, July 28, 2014

Vijaya Bank Q1 profit up 21% at Rs 161.5 cr
Vijaya Bank reported a 21 percent jump in its April-June quarter (Q1FY15) net profit at Rs 161.5 crore versus Rs 132.5 crore, Net interest income of the bank rose 11 percent to Rs 535.5 crore against Rs 481 crore.

TCS which had gained 6.6% last week was trading 0.6% lower.
Tata Motors extended losses and was down 2% after its overseas arm Jaguar Land Rover agreed to lower prices of three of its car models in China by five-seven per cent after being told it was overcharging. Prices of the Range Rover V8, Range Rover Sports V8 and Jaguar F-Type will be reduced by an average of 200,000 yuan (Rs 20.4 lakh) from August 1. Every fourth car made by Jaguar Land Rover is sold in China.

Havells Q1 profit rises 13%, Sylvania net at euro 0.3 mn
Havells India 's first quarter (April-June) standalone net profit grew 13 percent at Rs 107 crore compared to Rs 94.7 crore in same quarter last year on account of strong revenue but impacted by higher expenses and tax cost.

HUL gains 4% as Q1 profit beats estimates
Hindustan Unilever (HUL) has moved higher by nearly 4% to Rs 688, bouncing back 5% from intra-day low, after reporting a better-than-expected 3.7% year-on-year (yoy) jump in net profit at Rs 1,057 crore for the quarter ended June 30, 2014 (Q1), on back of strong volume growth. 

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1 comment:

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