Big Movers on D-Street: What should investors do with Vedanta, Mazagon Dock and Tata Communications?

Big Movers on D-Street: What should investors do with Vedanta, Mazagon Dock and Tata Communications?

Equity indices rallied on Tuesday, tracking a positive trend in the global markets and unabated foreign fund inflows. The 30-share BSE Sensex advanced 273 points to settle at 65,617, while the broader Nifty climbed 83 points to end at 19,439. Stocks that were in focus include names like Vedanta, which was lower by 1.59%, Mazagaon … Read more

Q4 Results: ICICI Securities profit falls 23% to Rs 337 cr; Tata Communications’ PAT down 11%

Q4 Results: ICICI Securities profit falls 23% to Rs 337 cr; Tata Communications’ PAT down 11%

ICICI Securities has reported a consolidated net profit of Rs 263 crore for the quarter ended March, down 23% as against Rs 340 crore reported in the corresponding period of last year. Revenue from operations during the quarter stood at Rs 885 crore, also down marginally as against Rs 892 crore in the year-ago period. … Read more