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Business Management

HEG plunges 14% on poor Q3 earnings, Co posts net loss of Rs 1.23 crore

Shares of graphite electrode company HEG slipped just about 14 for every cent on Wednesday immediately after the firm described bad established of economical figures for the quarter finished December 31, 2019 (Q3FY20).

The firm described consolidated decline of Rs one.23 crore for the quarter under review against Rs 444.sixty crore financial gain registered in the yr-back period. Complete earnings declined seventy eight for every cent yr-on-yr (YoY) to Rs 420.ninety seven crore.

Earnings just before interest, tax, depreciation and amortisation (Ebitda) fell ninety nine.six for every cent to Rs four.7 crore while margin stood at one.two for every cent

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Business Management

Hindustan Unilever surges 5%, hits new high; m-cap nears Rs 5 trillion

Shares of the rapidly going purchaser goods (FMCG) large Hindustan Unilever (HUL) rallied five for each cent and strike a new significant of Rs 2,259 on the BSE on Wednesday. The stock surpassed its prior significant of Rs 2,204 recorded on February four, 2020.

With today’s obtain, HUL has outperformed the marketplace by surging eleven for each cent hence far in February. In comparison, the S&P BSE Sensex was up 2 for each cent, whilst the sector index S&P BSE FMCG slipped .06 for each cent all through the very same interval.

A sharp rally in stock rate has found

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Business Consultant

LPG cylinder prices hiked sharply from today, to cost Rs 858.5 in Delhi

The price tag of non-subsidised liquefied petroleum gas (LPG) cylinders were being hiked by Rs one hundred forty four.50 on Wednesday, the sixth hike in as numerous months.

Condition-operate oil promoting providers hiked the price tag of non-subsidised LPG cylinders throughout metro towns.

A fourteen.two kg non-subsidised LPG cylinder will now charge Rs 858.50 in the national capital.

In Kolkata, the LPG cylinder price tag is now at Rs 896.00, up by Rs 149. The price tag in Mumbai is at Rs 829.50, up by Rs one hundred forty five. In Chennai, the price tag is at Rs 881.00, an

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