The Indian market is likely to open higher on Tuesday on the positive momentum in the Asian markets. At 7:00 am, the SGX Nifty was trading 30.25 points or 0.29 percent higher at 10,312.80, indicating a positive start for the Sensex and Nifty50.
Tata Steel: The company reported Q4FY20 consolidated net loss at Rs 1,095.68 crore as against a net profit of Rs 2,430.92 crore, YoY. Consolidated revenue fell 20.40 percent YoY to Rs 33,769.95 crore. (Image: Reuters)
Axis Bank: The bank’s board will consider fundraising on July 2.
Reliance Industries: The company’s subsidiary Reliance Jio has added 62.6 lakh users in February as against 66 lakh additional users in January. (Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.) (Image: Reuters)
Bharti Airtel: The company has added 9.2 lakh users in February as against 8.5 lakh additional users in January.
Vodafone Idea: The company has lost 34.7 lakh users in February as against 36 lakh users lost in January.
GAIL (India): Rating agency Fitch has affirmed the company's long-term foreign-currency issuer default rating (IDR) at BBB-. The outlook is negative. (Image: Reuters)
Central Bank of India: The bank reported Q4FY20 loss at Rs 1,529 crore as against a loss of Rs 2,477.4 crore while net interest income (NII) at Rs 1,925.8 crore versus Rs 1,602.5 crore, YoY.
Tata Power: The company’s board will consider raising funds via equity and debt on July 2.
Raymond: The company reported a net loss of Rs 69.1 crore in Q4FY20 versus a profit of Rs 67.7 crore, YoY. Revenue declined 29.3 percent to Rs 1,278.7 crore from Rs 1,808.7 crore, on-year.
Minda Industries: The company’s profit in Q4FY20 profit declined to Rs 7.3 crore from Rs 73.5 crore while revenue fell to Rs 1,339 crore from Rs 1,486.5 crore, YoY.
Q4FY20 Earnings: ONGC, Vodafone Idea, RITES, NBCC, Godfrey Phillips, Deepak Fertilisers, Shalimar Paints, ICRA, Mishra Dhatu Nigam, The New India Assurance Company, among others.