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Market LIVE Updates: Sensex, Nifty trade flat; Hindalco, Tata Motors, L&T top gainers – Moneycontrol.com

August 13, 2020 07:47 AM IST

Follow our LIVE blog for the latest updates on the novel coronavirus pandemic and its impact

August 13, 2020 02:23 PM IST

Rupee ends: Indian rupee ended flat at 74.84 per dollar, amid volatile trade witnessing in the domestic equity market. It opened flat at 74.82 per dollar against Wednesday’s close of 74.82 and remained in the range of 74.78-74.92.

August 13, 2020 02:19 PM IST

Aditya Birla Fashion Q1: Net loss at Rs 410 crore against profit of Rs 22 crore YoY. Revenue was down 84.4 percent at Rs 323 crore against Rs 2,065 crore YoY. EBITDA loss at Rs 182 crore against EBITDA of Rs 332 crore YoY.

August 13, 2020 02:17 PM IST

Bharat Gears Q1: Net loss at Rs 13.4 crore against loss of Rs 7 crore YoY. Revenue was down 57.4 percent at Rs 49 crore against Rs 114.9 crore YoY.

August 13, 2020 02:16 PM IST

GAIL India Q1: Consolidated net profit at Rs 643 crore against CNBC-TV18 Poll of Rs 1,010 crore. Consolidated revenue at Rs 12,174.2 crore against CNBC-TV18 Poll of Rs 13,300 crore. Consolidated EBITDA stood at Rs 693.7 crore against CNBC-TV18 Poll of Rs 1,549 crore. Consolidated EBITDA margin at 5.7 percent against CNBC-TV18 Poll of 11.6 percent.

August 13, 2020 02:12 PM IST

D-Street Buzz: IT stocks trade mixed after US makes exception to visa ban; HCL Tech gains, Infosys drags

D-Street Buzz: IT stocks trade mixed after US makes exception to visa ban; HCL Tech gains, Infosys drags

H-1B and L-1 visa holders, who are returning to the same jobs they had prior to the proclamation of the visa ban, will be allowed to enter the US, said an advisory on August 12.

August 13, 2020 02:00 PM IST

Kaveri Seed Company Q1: Consolidated net profit went up 28.7 percent at Rs 296 crore against Rs 230 crore YoY. Consolidated revenue was up 14.6 percent at Rs 719.5 crore against Rs 627.6 crore YoY. Consolidated EBITDA was up 21.6 percent at Rs 287 crore against Rs 236 crore YoY. Consolidated EBITDA margin stood at 39.9 percent against 37.6 percent YoY.

August 13, 2020 01:42 PM IST

#MarketswithMC | Check out the top gainers, and losers on #Sensex and #Nifty now!#stockmarkets #Stockstowatch LIVE: https://t.co/nShVj82S9U pic.twitter.com/cIYPiI5oWO

— moneycontrol (@moneycontrolcom) August 13, 2020

August 13, 2020 01:30 PM IST

TTK Health Q1: Net loss at Rs 2.4 crore against Rs 3.6 crore profit YoY. Revenue was down 34.8 percent at Rs 116.4 crore against Rs 178.6 crore YoY. EBITDA loss at Rs 0.7 crore against Rs 7.8 crore profit YoY.

August 13, 2020 01:20 PM IST

Suyog Kulkarni, Senior Analyst- IT services, Media and Internet at Reliance Securities:

Faceless assessment and taxpayers charter are welcome moves for digital economy based on trust and honesty. Government and Public sector can bring in large efficiencies using data analytics and AI tools. We expect in the medium term public sector undertakings to boost spending on data analytics and platforms which will benefit IT and SAAS ecosystem.