India Ratings has attributed the company’s continued strong strategic linkages with Tata Sons, brand name, track record and diversified portfolio fo
BSE’s midcap and smallcap indices outpaced Sensex, rising up to 1.37 per cent.
Levels around the 10,540-550 zone may now provide tough resistance to the Nifty50 index.
Net income applicable to common shareholders rose 35 percent to $6.7 billion in the third quarter.
Net NPAs eased to 3.16 per cent over 3.27 per cent on a sequential basis.
Trident said its board has declared second interim dividend of Rs 0.60 per share.
Mutual funds allow better handling of non-systematic risks.
Jhunjhunwala has been holding the stock at least since 2013.
The management expects defence orders to start by end of FY19.
A slowdown in its business segment appeared to be a speedbreaker and its dependence on a Tata company put the brakes on growth.
Recently the company has started giving EMI facility, which is affecting its working capital.
In terms of numbers, 1,173 issues were made in April-September this fiscal.