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story : Latest #StockMarketNEWS by #MunafaSutra Daily Updates Vodafone Idea surges 9 percent hits 2-month high

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Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Vodafone Idea surges 9%, hits 2-month high; stock zooms 51% in a month
Management commentary after q4 results may help better understand further funding plan in view of agr penalty and its future operational strategy, analysts said

Vedanta, United Spirits: Why are firms opting to delist in the current mkt?
If the trading volumes shrink and the market is failing to reflect the true value of the counter in the price, the listed entity may find it to be very
difficult to raise equity capital, analysts say.

Reliance Industries-RE shares rally 34% from opening levels on NSE
The res for renunciation of ril are permitted on the exchange with effect from today and closes on may 29, 2020.

Sebi shifts to NCL building as another staffer tests coronavirus-positive
The regulator is learnt to have told its employees to come to office on alternate days, and asked those who came in close contact with the official who
has tested positive to go on a 14-day quarantine

Tata Power in focus, advances 7% post March quarter numbers
Earnings before interest, taxes, depreciation, and amortisation (ebitda) for the quarter was up 6 per cent at rs 2,013 crore as compared to rs 1,901 crore
during the previous quarter

Bajaj Finance declines over 1% as Q4 profit dips 19% YoY; recovers later
The nbfc lost 10 productive days in q4fy20 due to the coronavirus pandemic and the consequent lockdown. this resulted in lower acquisition of nearly 1
million loan accounts.


Havells India falls for third straight day, hits fresh 52-week low
Analysts believe recovery in business would be slower for havells india as compared to peers' due to higher exposure to real estate/industrial products
and higher share of premium products

L&T Infotech surges 7% after posting 13% jump in March quarter net profit
The company won two large deals in q4 with net-new tcv in excess of 0 million, culminating in a record eight large deal wins for in fy20


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