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Equity Research Report: Religare Morning Digest

Participants are advised keep stock specific approach and limit over leverage positions as companies are declaring their quarterly numbers which will lead to excessive volatility.
17 Apr 2015 | 07:00 AM

IndusInd Bank's net profit rose 25.05% to Rs 495.27 crore on 19.81% increase in total income to Rs 3,237.43 crore in Q4 March 2015 over Q4 March 2014.

 

Tata Steel reported a marginal growth of 1.92 per cent in its crude steel production at 9.33 million tonnes (MT) for the financial year 2014-15. Crude steel production in 2013-14 stood at 9.15 MT.

 

HCC’s infrastructure development arm announced sale of its stake in Dhule Palesner Tollway to the firm's JV partner viz. Sadbhav Group for Rs 204 crore.

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