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Within the Indian equity space, investors prefer to bet on such companies mostly through the gas sector because of the government's priority allocation of domestic gas to city gas distribution and the potential for penetration into more geographical areas.
CreditAccess Grameen Q1 results: Co posts 73% fall in net profitThe lender's collection efficiency was at 81 per cent in June leading to stress in the loan asset portfolio. The company said its collection improved to 91 per cent in July.
from Stocks-Markets-Economic Times https://ift.tt/… Read MoreTamilnadu Petroproducts clocks Q1 standalone PAT at Rs 55 crRevenues for the quarter under review grew to Rs. 464.37 crore from Rs. 221.67 crore registered same period year ago.
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… Read MoreIndia Cements Q1 results: Net profit more than doubles Rs 37 crRevenue from operations went up from Rs 757 crore to Rs 1,022.5 crore the company said in a filing to the stock exchange.
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… Read MoreNSE-BSE bulk deals: MIT buys stake in Globus Spirits, HDFC MF ups Timken stakeIn another transaction, HDFC Mutual Fund bought additional 595,000 shares of Timken India at Rs. 1,535.6 apiece through a bulk deal on the NSE.
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… Read MorePTC India's net profit jumps 36% to Rs 136 cr in Jun quarterThe company's net profit had stood at Rs 100.06 crore in the June quarter of the financial year 2020-21, it said in a BSE filing.
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