Shares of Vijaya Bank gained in the morning session as the bank's NII for Q2FY19 has improved by 15.6% yoy to Rs1,166cr as against Rs1,008cr yoy.
Its GNPA for Q2FY19 stood at 5.86% against 6.19% qoq, a decline of 33bps. NNPA for the quarter came in at 3.81% against 4.1% qoq, indicating a decline of 29bps.
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Zensar Technologies rallied 5% to Rs 352 on the BSE in intra-day trade today after the stock turned ex-date for stock split in the ratio of 5 for 1. The company fixed September 10, 2018 as record date for the stock split.
The board of directors of information technology firm at their meeting held on April 24, 2018 approved the sub-division of equity shares of the Company from one equity share of face value of Rs 10 each into five equity shares of Rs 2 each.
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The stock locked in upper circuit for the 12 straight trading days, up 5% at Rs 120, rallied 208% from Rs 39 on April 9, 2018. Zenith Exports is locked in upper circuit for the twelfth straight trading day, rising 5% at Rs 120, also its 52-week high on the BSE. The stock zoomed 208% from Rs 39 on April 9, 2018, as compared to 2.3% rise in the S&P BSE Sensex. The BSE revised the circuit filter of scrip from 20% to 10% on April 13 and further to 5% on April 18.
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Mayuresh Joshi of Angel Broking gives his expectations for the performance of companies in key sectors of the economy in the January-March quarter of FY18
The results season for the fourth quarter and the full fiscal year is about to begin in the second week of April. While the actual numbers are awaited, it will be interesting to see how these numbers could pan out sector-wise.
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The stock hit a new high of Rs 970, up 3.3%, has surpassed its previous high of Rs 963 recorded on March 28, 2018 on the BSE in intra-day trade.
Shares of Titan Company hit a new high of Rs 970 per share, up 3.3% on the BSE after the company said that its jewelry segment saw mid-teen retail sales growth during the quarter ended March 2018 (Q4FY18). The stock surpassed its previous high of Rs 963 recorded on March 28, 2018 on the BSE in intra-day trade.
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