The major indices ended with losses. On the NSE, there were 812 advances, 939 declines and 359 unchanged. The trends of the major indices in the course of Thursday’s trading are given in the table below:
Persistent Systems expanded its partnership with Dassault Systèmes to strengthen digital transformation capabilities in Europe. The collaboration will help clients reduce costs, improve supplier collaboration, drive agility and gather better field insights, it said.
HCL Technologies reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 3,154 crore compared with Rs 2,568 crore in the same quarter last year. Revenues rose 16.3% YoY to Rs 18,590 crore from Rs 15,990 crore reported in the year-ago quarter.
GlaxoSmithKline Pte and Horlicks Limited sold 5.69% stake in HUL via block deals.
YES Bank reported a net profit of Rs 2,629 crore for the March 2020 quarter, compared with a loss of Rs 1,507 crore in the corresponding period in the previous year. Excluding extraordinary income worth Rs 6,297 crore from write-down of Basel III compliant additional tier I (AT I) Bonds amounting to Rs 8,415 crore, the lender reported a loss from ordinary activities of Rs 3,668 crore in this quarter.
RBL Bank reported 49.59% fall in net profits to Rs114.85 crore for the March quarter compared to Rs227.81 crore in the March 2019 quarter. Net interest income grew 24.03% YoY to Rs2,782.77 crore.
Salasar Techno Engineering secured an order for construction of 220 and 66 KV Transmission lines in Yamuna Nagar & Ambala Area on turnkey basis received from Haryana Vidyut Prasaran Nigam Limited. The order size is Rs 28.65 crore and to be executed by August 2021.
Solara Active Pharma reported a 32.3% fall in its Q4 consolidated net profit to Rs 17.8 crore against Rs 26.3 crore, YoY.
SKF India reported 8.35% decline in net profits at Rs75.34 crore for the March 2020 quarter against Rs82.20 crore in March 2019 quarter. Revenues declined 15.55% YoY to Rs656.65 crore.
Aster DM Healthcare’s subsidiary started providing RT-PCR confirmatory test service for COVID-19 in Bengaluru. Diagnostics subsidiary Aster Clinical Lab LLP has set up its pathology reference laboratory in that city.
Sundram Fasteners has partially resumed operations in Tamil Nadu plants.
Nath Bio-Genes acquired the portfolio of Fusion cotton seeds from Global Transgenes on an exclusive basis for a total consideration of Rs 11.94 crore.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: