Stock Market 28-Feb-2020

Stock Market 28-Feb-2020

Corporate News-

Not in the sound financial state; can meet liabilities only with govt support: Vodafone Idea 

TVS Motor Co partners Motomundo for sales, service in Honduras 

Zinc price can fall to Rs 140/kg as coronavirus could hamper demand 

Management Speaks-

A not necessary successor will be internal, says Aditya Puri, MD, HDFC Bank.

Aim to be debt-free company by March'21 via monetization of some businesses and land parcels, says Mohan Goenka, Director, Emami Group.

Haven’t seen an impact of high gold prices, coronavirus on-demand yet, says S Subramaniam, CFO, Titan.

Stock Market 07-Feb-2020

Stock Market 07-Feb-2020

Stock Market Update

Corporate News-

* CDPQ, Piramal Partner to deploy $300 million for private credit financing in India.

* Voda Idea to move all postpaid users under Vodafone RED.

* Dilip Buildcon bags Rs 861 crore road project in Chhattisgarh.

* Emami Group signs binding pact with Nuvoco Vistas for selling 100% stake in Emami Cement.

Management Speaks-

* Gagan Banga, vice chairman and MD of Indiabulls Housing Finance said that the steps taken for real estate (RBI monetary policy) important from sentiment and financial point of view.

* J Packirisamy, MD and CEO of Andhra Bank expects recovery of Rs 3,900 crore in Q4, majorly from NCLT accounts.