Sundram Fasteners Ltd on Wednesday said it has recorded a consolidated net loss of Rs 25.43 crore for the quarter ending June 30, 2020 following the unprecedented challenges bought by the COVID-19 pandemic during the period. … [Read more...] about Sundram Fasteners consolidated April-June net loss at Rs 25.43 crore
What quarters are worth more than 25 cents
The US Fed has injected trillions of dollars in a matter of months. Normally, any increase in currency circulation without a corresponding increase in the real GDP should result in currency depreciation. However, similar actions from the other central banks towards their currencies makes dollar weakening unlikely. The relative strength of the US economy probably creates a bias towards appreciation of the dollar vis-à-vis other currencies. The dollar is likely to remain strong in the long run on the back of significant international revenue share of US companies and the global dominance of its technology sector. Any weakening of the dollar only makes the export competitiveness of the US stronger and would quickly stabilize the dollar further because of larger export volumes. … [Read more...] about Should US equities be the core investment in an Indian portfolio?
Ashok Leyland reports Rs 389 crore net loss for June quarter News18-Piplsay Public Sentimeter on China: Over 80% Indians confident of Centre's handling of COVID-19 & Chinese aggression ABB Power Products and Systems India's net profit declines 80% to Rs 10.9 crore in June quarter … [Read more...] about Aavas Financiers Q1 net profit up 11% at Rs 50 crore
The scrip traded 2.12 percent higher at Rs 1360.15 on BSE around 10:25 hours.Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Pidilite Industries shares climb 2% despite the company reporting a 95% fall in Q1 profit
The company claims that the investment in MANA would not have met the return on equity of 18 percent targeted by it. This move comes less than a quarter after M&M decided to stop fresh investments in its loss-making subsidiary SsangYong Motor Company and the shutdown of Genze, an electric two-wheeler manufacturing business in the US. … [Read more...] about Mahindra cancels bid for $6.3 billion deal to supply trucks to US Postal Service