Shares of PSU oil marketing companies will be on lime light, since the price of petrol and diesel were increased by Rs 1.39 and Rs. 1.04 per litre respectively.
Dr Reddy’s Lab. has announced that the audit of its API Srikakulam plant by the USFDA has been completed on 14 April 2017, without observations. It has been announced on Friday, 14 April 2017, when the market was off on account of public holiday.
Godrej Properties Limited said that it has taken partnership with Taj Hotels Palaces Resorts Safaris to build up a Taj brand hotel at its flagship project – The Trees, in Mumbai.
Aban Offshore Ltd said that a promoter of the company, Shema Renny Abraham, sold 25,000 shares in the open market on 12 April 2017. Shema Renny Abraham presently holds 3.90 lakh shares of Aban Offshore. The announcement has been done on Thursday, 13 April 2017.
The consolidated profit of Reliance Industrial Infrastructure (RII) increased 140.13 per cent to Rs 7.30 crore on 4.70 per cent rise in net sales to Rs 23.84 crore in fourth quarter March 2017 year on year. The result was announced on 14 April 2017.
The net profit of Reliance Power rose 250.77% to Rs 215.90 crore on 0.10 per cent decline in net sales to Rs 2466.49 crore in fourth quarter March 2017 year on year.