Asian stocks edged higher as investors mulled updates on the deadly coronavirus outbreak.
U.S. stocks eked out a small advance, dodging the losses that took hold in Europe and Asia, as investors evaluated the risk that a deadly respiratory virus spreading from China could curb global growth.
🎯 News & Impact 🎯
Major Results Today :
JSW Steel, UltraTech Cement
🎯 HDFC Life Insurance (Q3, YoY) :
Gross premium rose 14.9 % to Rs 8,001 crore.
PAT rose 2 % to Rs 250 crore.
🎯 Biocon (Q3, YoY) :
Revenue rose 13.5 % to Rs 1,748.1 crore.
Net profit fell 6.6 % to Rs 202.8 crore.
🎯 Cholamandalam Investment & Finance (Q3, YoY) :
Net Interest Income rose 21.3 % to Rs 925.3 crore.
Net profit rose 27.6 % to Rs 388.5 crore.
🎯 Olectra Green tech :
Company's arm Evey received letters of award for the deployment of 555 electric buses from 8 city/state transport authorities. The contract period is for 10-12 years.
🎯 PNB Housing Finance :
Company said that Punjab National Bank will maintain a minimum shareholding in PNB Housing Finance at 26 percent and will continue to be the promoter of the company.
🎯 Nippon Life AMC :
The company has sought SEBI's nod for the seventh tranche of CPSE ETF. The company's Q3 PAT jumped 36 percent.
🎯 HFCL :
Company said that its greenfield optical fibre manufacturing facility at Hyderabad has been commissioned and commenced its operations with effect from Jan. 23.
🎯 Info-Edge :
Company has set up an AIF to invest in tech- and tech-enabled entities. The company will invest Rs 100 crore in the fund.
🎯 Coffee Day Enterprises :
Company entered into definitive agreement to sell its share broking arm Way2Wealth Securities and its arms to Shriram Capital’s group company.
🎯 Godrej Properties :
Company launches Godrej RKS at RK Studios, Chembur, Mumbai.
🎯 KPI Global :
Company bags an order for executing solar power project of 2.250MW capacity under CPP category.
🎯 Indian Oil Corporation :
Company clarified that the company has entered into an MoU with National Petroleum Authority (NPA), Ghana.
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Edited by Sharp.
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