Gujarat Pipavav Port surges 5% post Q4 nos; consolidated PAT slips 9% YoY

Jannie Delucca

Shares of Gujarat Pipavav Port climbed as a lot as 5.22 for each cent to Rs 69.fifty apiece on the BSE on Wednesday, a day soon after the business noted a 9.11 for each cent decline in its consolidated internet earnings at Rs 54.13 crore for the quarter ended March 2020. The business experienced posted earnings of Rs fifty nine.57 crore in the calendar year-in the past time period.

On a standalone foundation, the company’s earnings declined 6.seven for each cent to Rs forty seven.2 crore for the quarter ended March 31, 2020. The port experienced clocked a internet earnings of Rs fifty.6 crore in the fourth quarter of fiscal 2018-19, it stated in a regulatory filing to the BSE.

At 11:04 am, the stock was trading just about four for each cent bigger at Rs 68.55 apiece on the BSE. In comparison, the S&P BSE Sensex was ruling 237

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Coronavirus LIVE: India adds 9,985 cases in a day; total tally at 276,583

Jannie Delucca

Coronavirus update: The overall range of coronavirus cases in India has jumped to 276,583, whilst seven,745 individuals have died from the sickness so considerably, confirmed details released by the Ministry of Health and Loved ones Welfare on Wednesday. Near to 6,000 recoveries pushed the overall range of remedied/discharged clients to one hundred thirty five,206. The depend of active cases now stands at 133,632.

Now only a notch powering the United kingdom in conditions of range of verified coronavirus, India at existing is the fifth-most-influenced country.

Boosting alarm over a surge in the nationwide cash lately and throwing citizens into a tizzy, the Delhi govt on Tuesday projected almost a twenty-fold rise in Covid-19 cases in the city by July-stop. Just after a assembly with Lieutenant Governor Anil Baijal and other best officials, Delhi Deputy Main Minister Manish Sisodia explained to reporters that estimates proposed 550,000 constructive cases by July 31.… Read More