The quantum of increase in regional LPG prices indicates gross refining margins (GRMs) of OMCs could increase by $0.3-0.4 per barrel in the current fiscal.
Apollo said it registered month-on-month gain in volume in November across categories surprising the Street.
Indian Oil Corporation has to make the largest payment of $250 million followed by Kemrock Industries, Saint-Gobain, Tata Chemicals and Great Offshore.
The company expanded capacity of its Dahej terminal to 15 mtpafrom 10 mtpa before the schedule. The stock slipped a measly 2% in the past one month.
Two uncertainties are likely to remain an overhang on the earnings for the at least two quarters — demonetisation and GST rate on white goods.
Power Grid has an outstanding investment approval of Rs 1.2 lakh crore, which provides earnings visibility for a few years on the extent of the asset base of Rs 1.6 lakh crore.
ETIG provides a low-down on how retail investors can invest in different asset classes after the fall in benchmark interest rates.
It is estimated that banks so far have received nearly Rs 2 lakh crore of deposits after the government banned old high-denomination notes.
Consequently, in the September quarter, it delivered on parameters ranging from revenue to margins and order inflow to order backlog.
According to a Bloomberg calculation, there is 72% probability of 25 basis points increase in the rate in December.
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