We do not know how long investors will be patient, how long markets will rise on the policy response, how low the economic numbers will fall and for how long.

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.

Researchers have found that a common antibacterial substance found in toothpaste may combat life-threatening diseases such as cystic fibrosis (CF) when combined with a drug.

The study, published in the journal Antimicrobial Agents and Chemotherapy, found that when triclosan -- a substance that reduces or prevents bacteria from growing -- is combined with an antibiotic called tobramycin, it kills the cells that protect the CF bacteria, known as Pseudomonas aeruginosa, by up to 99.9 per cent.

CF is a common genetic disease with one in every 2,500 to 3,500 people diagnosed with it at an early age. It results in a thick mucus in the lungs, which becomes a magnet for bacteria.

These bacteria are notoriously difficult to kill because they are protected by a slimy barrier known as a biofilm, which allows the disease to thrive even when treated with antibiotics, the researcher said.

"The problem that we're really tackling is finding ways to kill these biofilms," said lead author Chris Waters, Professor at the Michigan State University.

According to the researcher, there are many common biofilm-related infections that people get such as ear infections and swollen, painful gums caused by gingivitis.

But more serious, potentially fatal diseases join the ranks of CF including endocarditis, or inflammation of the heart, as well as infections from artificial hip and pacemaker implants, the researcher added.

For the study, the researchers grew 6,000 biofilms in petri dishes, added in tobramycin along with many different compounds, to see what worked better at killing the bacteria.

Twenty-five potential compounds were effective, but one stood out, the researcher said.

"It's well known that triclosan, when used by itself, isn't effective at killing Pseudomonas aeruginosa. But when I saw it listed as a possible compound to use with tobramycin, I was intrigued. We found triclosan was the one that worked every time," said Alessandra Hunt from the Michigan State University.

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The Coronavirus outbreak has infected millions of people across the globe and claimed many lives prompting governments to issue lockdown orders. The order has forced offices to provide facilities for working from home. Now with professionals working from home and attending meetings through video conferences, they have resorted to wearing casual clothes. But what if a last-minute video conference is planned? One has to rush to change into work clothes and attend the meeting. A man has come up with an instant solution to this problem which men can use, which has impressed industrialist Anand Mahindra.

The chairman of Mahindra and Mahindra group took to Twitter to post about this man's tutorial video about 'instant suit', with the hashtag #WhatsappWonderbox. The industrialist says in the post, "I'm going to ship this gentleman a lungi, so that he can complete his outfit by wearing it under his 'instant suit."

So I see that creating a new Video conference dress code is a global obsession. I’m going to ship this gentleman a lungi, so that he can complete his outfit by wearing it under his ‘instant suit.’ 😊 #whatsappwonderbox pic.twitter.com/pMWB7DYBV9

— anand mahindra (@anandmahindra) April 15, 2020

The post shared by the Mahindra on Wednesday garnered more than 126,400 views with over 7,800 likes and was retweeted more than 1,100 times, with hilarious reactions in the comments.

Is this for real?? Well, necessity is the mother of invention!

— $hilp_$aaz (@ar_shilpz) April 15, 2020

😆👍
Actually Lungi Coat combination looks quite decent 😂😂
👇 pic.twitter.com/ZPetaY3ni3

— Dr Charuhas (@charuhasmujumd1) April 15, 2020

May be Half of half kurta too 😆

— Sanjay (@Sanjay87911567) April 15, 2020

I would totally buy a female equivalent thing 😂

— rujuta (@ObliqueRays) April 15, 2020

Ha Ha ... Lungi & Gamucha would be a deadly combination with relaxation too.

— LUV â™»ï¸ÂðŸ’¯ðŸ”™ (@luvv_agarwall) April 15, 2020

Make sure it is a chequered lungi with red and yellow squares please 😋. 🙏

— Conphucious 🇮🇳 (@Conphucious1) April 15, 2020

What do you think about the video?

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CYIENT share price has plunged 6% and is presently trading at Rs 219.

Meanwhile, the BSE IT Index is at 13,667 (up 1.2%).

Among the top losers in the BSE IT Index today is CYIENT (down 5.6%).

FIRSTSOURCE SOL. (up 2.6%) and ORACLE FINANCIAL (up 2.5%) are among the top gainers today.

Over the last one year, CYIENT has moved down from Rs 568 to Rs 219, registering a loss of Rs 349 (down 61.4%)..

The BSE IT has moved down from 15,682 to 13,667, loss of 2,015 points (down 12.8%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INFIBEAM AVENUES (up 14.6%) and NIIT TECHNOLOGIES (up 10.1%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.8%). The top gainers among the BSE Sensex stocks today are HUL (up 3.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). DR. REDDYS LAB (up 4.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.35%).

CYIENT Financial Update...

CYIENT net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 924 million a year ago. Net Sales declined 6.9% to Rs 11.1 billion during the period as against Rs 11.9 billion in October-December 2018.

For the year ended March 2019, CYIENT reported 13.3% increase in net profit to Rs 4.8 billion compared to net profit of Rs 4.2 billion during FY18.

Revenue of the company grew 17.9% to Rs 46 billion during FY19.

The current Price to earnings ratio of CYIENT, based on rolling 12 month earnings, stands at 5.1x.

This article (CYIENT Plunges by 6%; BSE IT Index Up 1.2%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

TUBE INVESTMENTS OF INDIA LTD share price has plunged 5% and is presently trading at Rs 375.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,399 (up 0.8%).

Among the top losers in the BSE CAPITAL GOODS Index today is TUBE INVESTMENTS OF INDIA LTD (down 5.4%).

SKF INDIA (up 7.4%) and SADBHAV ENGINEERING (up 4.9%) are among the top gainers today.

Over the last one year, TUBE INVESTMENTS OF INDIA LTD has moved up from Rs 368 to Rs 375, registering a gain of Rs 7 (up 1.9%)..

The BSE CAPITAL GOODS has moved down from 17,932 to 11,399, loss of 6,533 points (down 36.4%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 14.0%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are ICICI BANK (up 3.7%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.4%). DR. REDDYS LAB (up 4.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.77%).

LAURUS LABS LTD share price has plunged 9% and is presently trading at Rs 488.

Meanwhile, the BSE HEALTHCARE Index is at 15,333 (up 1.6%).

Among the top losers in the BSE HEALTHCARE Index today is LAURUS LABS LTD (down 8.8%).

J.B.CHEMICALS (up 5.5%) and DR. REDDYS LAB (up 3.9%) are among the top gainers today.

Over the last one year, LAURUS LABS LTD has moved up from Rs 386 to Rs 488, registering a gain of Rs 102 (up 26.5%)..

The BSE HEALTHCARE has moved up from 14,034 to 15,333, registering a gain of 1,299 points (up 9.3%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 144.4%), J.B.CHEMICALS (up 94.1%) and IPCA LABS (up 66.0%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.7%). The top gainers among the BSE Sensex stocks today are ICICI BANK (up 4.0%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). ZEE ENTERTAINMENT (up 6.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.48%).

BRIGADE ENTERPRISES share price has plunged 7% and is presently trading at Rs 112.

Meanwhile, the BSE REALTY Index is at 1,345 (up 0.7%).

Among the top losers in the BSE REALTY Index today is BRIGADE ENTERPRISES (down 6.8%).

INDIABULLS REAL EST (up 3.8%) and DLF (up 2.0%) are among the top gainers today.

Over the last one year, BRIGADE ENTERPRISES has moved down from Rs 153 to Rs 112, registering a loss of Rs 41 (down 26.8%)..

The BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.2%) during the last 12 months.

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.6%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 5.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.54%).

BRIGADE ENTERPRISES Financial Update...

BRIGADE ENTERPRISES net profit down at Rs 405 million for the quarter ended December 2019, compared to a loss of Rs 594 million a year ago. Net Sales declined 19.7% to Rs 5.5 billion during the period as against Rs 6.9 billion in October-December 2018.

For the year ended March 2019, BRIGADE ENTERPRISES reported 96.0% increase in net profit to Rs 2.8 billion compared to net profit of Rs 1.4 billion during FY18.

Revenue of the company grew 56.7% to Rs 30 billion during FY19.

The current Price to earnings ratio of BRIGADE ENTERPRISES, based on rolling 12 month earnings, stands at 7.2x.

This article (BRIGADE ENTERPRISES Plunges by 7%; BSE REALTY Index Up 0.7%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

NTPC share price has plunged 5% and is presently trading at Rs 92.

Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%).

Among the top losers in the BSE POWER Index today is NTPC (down 5.1%).

RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today.

Over the last one year, NTPC has moved down from Rs 134 to Rs 92, registering a loss of Rs 42 (down 31.0%)..

The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.9%) and GMR INFRA (up 7.2%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 5.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.73%).

NTPC Financial Update...

NTPC net profit down at Rs 14 billion for the quarter ended December 2019, compared to a loss of Rs 27 billion a year ago. Net Sales declined 2.6% to Rs 235.0 billion during the period as against Rs 241.2 billion in October-December 2018.

For the year ended March 2019, NTPC reported 151.3% increase in net profit to Rs 161.6 billion compared to net profit of Rs 64.3 billion during FY18.

Revenue of the company grew 8.7% to Rs 957 billion during FY19.

The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 5.1x.

This article (NTPC Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

TORRENT POWER LTD share price has plunged 5% and is presently trading at Rs 327.

Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%).

Among the top losers in the BSE POWER Index today is TORRENT POWER LTD (down 5.1%).

RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today.

Over the last one year, TORRENT POWER LTD has moved up from Rs 255 to Rs 327, registering a gain of Rs 72 (up 28.1%)..

The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.1%) and GMR INFRA (up 7.5%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 4.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.76%).

TORRENT POWER LTD Financial Update...

TORRENT POWER LTD net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 5.4% to Rs 30.8 billion during the period as against Rs 32.5 billion in October-December 2018.

For the year ended March 2018, TORRENT POWER LTD reported 121.5% increase in net profit to Rs 9.5 billion compared to net profit of Rs 4.3 billion during FY17.

Revenue of the company grew 15.1% to Rs 115 billion during FY18.

The current Price to earnings ratio of TORRENT POWER LTD, based on rolling 12 month earnings, stands at 10.0x.

This article (TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

JM FINANCIAL share price has plunged 5% and is presently trading at Rs 66.

Meanwhile, the BSE 500 Index is at 12,146 (up 1.2%).

Among the top losers in the BSE 500 Index today are JM FINANCIAL (down 5.1%) and LAURUS LABS LTD (down 8.3%).

TV18 BROADCAST (up 9.0%) and E.I.D. PARRY (up 7.3%) are among the top gainers today.

Over the last one year, JM FINANCIAL has moved down from Rs 85 to Rs 66, registering a loss of Rs 19 (down 22.1%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 433.0%), ABBOTT INDIA (up 143.2%) and NAVIN FLUORINE (up 117.1%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.5%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.6%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.4%). ZEE ENTERTAINMENT (up 5.0%) and RELIANCE IND. (up 4.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.61%).

JM FINANCIAL Financial Update...

JM FINANCIAL net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 8.0% to Rs 8.3 billion during the period as against Rs 9.0 billion in October-December 2018.

For the year ended March 2019, JM FINANCIAL reported 14.5% increase in net profit to Rs 11.1 billion compared to net profit of Rs 9.7 billion during FY18.

Revenue of the company grew 16.1% to Rs 35 billion during FY19.

The current Price to earnings ratio of JM FINANCIAL, based on rolling 12 month earnings, stands at 6.6x.

This article (JM FINANCIAL Plunges by 5%; BSE 500 Index Up 1.2%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

BHARAT DYNAMICS share price has plunged 5% and is presently trading at Rs 231.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.8%).

Among the top losers in the BSE 500 Index today are BHARAT DYNAMICS (down 5.4%) and LAURUS LABS LTD (down 9.0%).

TV18 BROADCAST (up 7.9%) and E.I.D. PARRY (up 7.6%) are among the top gainers today.

Over the last one year, BHARAT DYNAMICS has moved down from Rs 281 to Rs 231, registering a loss of Rs 50 (down 17.8%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 431.9%), ABBOTT INDIA (up 142.8%) and NAVIN FLUORINE (up 115.0%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.0%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and ICICI BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.1%). ZEE ENTERTAINMENT (up 5.1%) and DR. REDDYS LAB (up 4.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.03%).

TIMKEN INDIA share price has plunged 5% and is presently trading at Rs 888.

Meanwhile, the BSE 500 Index is at 12,146 (up 1.0%).

Among the top losers in the BSE 500 Index today are TIMKEN INDIA (down 5.1%) and LAURUS LABS LTD (down 8.9%).

E.I.D. PARRY (up 8.0%) and TV18 BROADCAST (up 7.4%) are among the top gainers today.

Over the last one year, TIMKEN INDIA has moved up from Rs 549 to Rs 888, registering a gain of Rs 339 (up 61.6%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 432.8%), ABBOTT INDIA (up 142.8%) and NAVIN FLUORINE (up 115.8%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.2%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.2%). The most traded stocks in the BSE Sensex are INDUSIND BANK and ICICI BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.1%). ZEE ENTERTAINMENT (up 4.9%) and DR. REDDYS LAB (up 4.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.83%).

TIMKEN INDIA Financial Update...

TIMKEN INDIA net profit stood at Rs 846 million for the quarter ended December 2019, compared to a profit of Rs 264 million a year ago. Net Sales declined 3.0% to Rs 3.7 billion during the period as against Rs 3.8 billion in October-December 2018.

For the year ended March 2019, TIMKEN INDIA reported 61.6% increase in net profit to Rs 1.5 billion compared to net profit of Rs 920.0 million during FY18.

Revenue of the company grew 33.0% to Rs 17 billion during FY19.

The current Price to earnings ratio of TIMKEN INDIA, based on rolling 12 month earnings, stands at 26.5x.

This article (TIMKEN INDIA Plunges by 5%; BSE 500 Index Up 1.0%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

BHEL share price has plunged 5% and is presently trading at Rs 23.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,399 (down 0.9%).

Among the top losers in the BSE CAPITAL GOODS Index today is BHEL (down 5.2%).

SKF INDIA (up 5.2%) and SADBHAV ENGINEERING (up 4.9%) are among the top gainers today.

Over the last one year, BHEL has moved down from Rs 64 to Rs 23, registering a loss of Rs 40 (down 63.3%)..

The BSE CAPITAL GOODS has moved down from 17,932 to 11,399, loss of 6,533 points (down 36.4%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 12.2%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 3.8%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.27%).

BHEL Financial Update...

BHEL net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 22.6% to Rs 56.8 billion during the period as against Rs 73.4 billion in October-December 2018.

For the year ended March 2019, BHEL reported 44.1% increase in net profit to Rs 11.9 billion compared to net profit of Rs 8.3 billion during FY18.

Revenue of the company grew 5.3% to Rs 304 billion during FY19.

The current Price to earnings ratio of BHEL, based on rolling 12 month earnings, stands at 21.6x.

This article (BHEL Plunges by 5%; BSE CAPITAL GOODS Index Down 0.9%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

M&M share price has plunged 5% and is presently trading at Rs 408.

Meanwhile, the BSE AUTO Index is at 12,741 (down 1.6%).

Among the top losers in the BSE AUTO Index today is M&M (down 5.0%).

MOTHERSON SUMI (up 2.1%) and ASHOK LEYLAND (up 0.9%) are among the top gainers today.

Over the last one year, M&M has moved down from Rs 636 to Rs 408, registering a loss of Rs 228 (down 35.8%)..

The BSE AUTO has moved down from 18,491 to 12,741, loss of 5,750 points (down 31.1%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 11.6%) and BALKRISHNA INDUSTRIES (up 4.3%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.0%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.24%).

M&M Financial Update...

M&M net profit down at Rs 3 billion for the quarter ended December 2019, compared to a loss of Rs 11 billion a year ago. Net Sales declined 5.5% to Rs 123.5 billion during the period as against Rs 130.7 billion in October-December 2018.

For the year ended March 2019, M&M reported 4.8% increase in net profit to Rs 44.3 billion compared to net profit of Rs 42.2 billion during FY18.

Revenue of the company grew 12.3% to Rs 1,047 billion during FY19.

The current Price to earnings ratio of M&M, based on rolling 12 month earnings, stands at 8.8x.

This article (M&M Plunges by 5%; BSE AUTO Index Down 1.6%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

BANDHAN BANK LTD share price has plunged 5% and is presently trading at Rs 262.

Meanwhile, the BSE BANKEX Index is at 22,880 (up 0.1%).

Among the top losers in the BSE BANKEX Index today are BANDHAN BANK LTD (down 5.0%) and RBL BANK LTD (down 8.1%).

ICICI BANK (up 2.0%) and KOTAK MAHINDRA BANK (up 1.4%) are among the top gainers today.

Over the last one year, BANDHAN BANK LTD has moved down from Rs 590 to Rs 262, registering a loss of Rs 328 (down 55.5%)..

The BSE BANKEX has moved down from 32,704 to 22,880, loss of 9,824 points (down 30.0%) during the last 12 months.

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.0%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) and HUL (up 4.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.24%).

BANDHAN BANK LTD Financial Update...

BANDHAN BANK LTD net profit stood at Rs 7 billion for the quarter ended December 2019, compared to a profit of Rs 3 billion a year ago. Operating income rose 64.7% to Rs 27.2 billion during the period as against Rs 16.5 billion in October-December 2018.

For the year ended March 2019, BANDHAN BANK LTD reported 45.0% increase in net profit to Rs 19.5 billion compared to net profit of Rs 13.5 billion during FY18.

Revenue of the company grew 38.4% to Rs 66 billion during FY19.

The current Price to earnings ratio of BANDHAN BANK LTD, based on rolling 12 month earnings, stands at 9.3x.

This article (BANDHAN BANK LTD Plunges by 5%; BSE BANKEX Index Up 0.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

ECLERX SERVICES share price has plunged 5% and is presently trading at Rs 474.

Meanwhile, the BSE IT Index is at 13,667 (up 0.7%).

Among the top losers in the BSE IT Index today are ECLERX SERVICES (down 5.1%) and CYIENT (down 10.0%).

TECH MAHINDRA (up 3.1%) and MINDTREE (up 2.3%) are among the top gainers today.

Over the last one year, ECLERX SERVICES has moved down from Rs 1,134 to Rs 474, registering a loss of Rs 660 (down 58.2%)..

The BSE IT has moved down from 15,682 to 13,667, loss of 2,015 points (down 12.8%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INFIBEAM AVENUES (up 15.5%) and NIIT TECHNOLOGIES (up 11.5%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.9%). The top gainers among the BSE Sensex stocks today are HUL (up 4.3%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.6%). HUL (up 4.4%) and DR. REDDYS LAB (up 4.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.15%).

ECLERX SERVICES Financial Update...

ECLERX SERVICES net profit stood at Rs 701 million for the quarter ended December 2019, compared to a profit of Rs 390 million a year ago. Net Sales rose 5.0% to Rs 3.8 billion during the period as against Rs 3.6 billion in October-December 2018.

For the year ended March 2018, ECLERX SERVICES reported 24.1% decrease in net profit to Rs 2.7 billion compared to net profit of Rs 3.5 billion during FY17.

Revenue of the company grew 2.6% to Rs 14 billion during FY18.

The current Price to earnings ratio of ECLERX SERVICES, based on rolling 12 month earnings, stands at 7.9x.

This article (ECLERX SERVICES Plunges by 5%; BSE IT Index Up 0.7%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

ICICI SECURITIES LTD share price has plunged 5% and is presently trading at Rs 429.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.5%).

Among the top losers in the BSE 500 Index today are ICICI SECURITIES LTD (down 5.3%) and TIMKEN INDIA (down 5.3%).

E.I.D. PARRY (up 9.9%) and TV18 BROADCAST (up 6.6%) are among the top gainers today.

Over the last one year, ICICI SECURITIES LTD has moved up from Rs 220 to Rs 429, registering a gain of Rs 209 (up 95.1%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 433.0%), ABBOTT INDIA (up 143.0%) and NAVIN FLUORINE (up 111.0%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.5%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.7%). HUL (up 4.6%) and DR. REDDYS LAB (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.27%).

PRESTIGE ESTATES share price has plunged 5% and is presently trading at Rs 169.

Meanwhile, the BSE REALTY Index is at 1,345 (down 0.8%).

Among the top losers in the BSE REALTY Index today is PRESTIGE ESTATES (down 5.4%).

GODREJ PROPERTIES (up 2.8%) and MAHINDRA LIFESPACE (up 1.8%) are among the top gainers today.

Over the last one year, PRESTIGE ESTATES has moved down from Rs 263 to Rs 169, registering a loss of Rs 94 (down 35.7%)..

The BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.2%) during the last 12 months.

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.9%). The top gainers among the BSE Sensex stocks today are HUL (up 4.6%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.7%). HUL (up 5.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.15%).

ICICI SECURITIES LTD share price has plunged 5% and is presently trading at Rs 429.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.5%).

Among the top losers in the BSE 500 Index today are ICICI SECURITIES LTD (down 5.0%) and TIMKEN INDIA (down 5.1%).

E.I.D. PARRY (up 10.0%) and TV18 BROADCAST (up 6.3%) are among the top gainers today.

Over the last one year, ICICI SECURITIES LTD has moved up from Rs 220 to Rs 429, registering a gain of Rs 209 (up 95.1%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 431.1%), ABBOTT INDIA (up 142.5%) and NAVIN FLUORINE (up 111.5%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.6%). The top gainers among the BSE Sensex stocks today are HUL (up 5.1%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.6%). HUL (up 5.1%) and DR. REDDYS LAB (up 3.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.32%).

EIH share price has plunged 5% and is presently trading at Rs 71.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.3%).

Among the top losers in the BSE 500 Index today are EIH (down 5.3%) and NAVIN FLUORINE (down 5.1%).

E.I.D. PARRY (up 10.0%) and TV18 BROADCAST (up 7.1%) are among the top gainers today.

Over the last one year, EIH has moved down from Rs 180 to Rs 71, registering a loss of Rs 108 (down 60.3%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 434.2%), ABBOTT INDIA (up 142.3%) and NAVIN FLUORINE (up 107.8%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.5%). The top gainers among the BSE Sensex stocks today are HUL (up 5.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 9,383 (up 0.5%). HUL (up 5.0%) and DR. REDDYS LAB (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.44%).

EIH Financial Update...

EIH net profit stood at Rs 750 million for the quarter ended December 2019, compared to a profit of Rs 639 million a year ago. Net Sales declined 4.9% to Rs 4.2 billion during the period as against Rs 4.4 billion in October-December 2018.

For the year ended March 2019, EIH reported 26.6% decrease in net profit to Rs 1.3 billion compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 13.3% to Rs 18 billion during FY19.

The current Price to earnings ratio of EIH, based on rolling 12 month earnings, stands at 31.1x.

This article (EIH Plunges by 5%; BSE 500 Index Up 0.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

NAVIN FLUORINE share price has plunged 5% and is presently trading at Rs 1,532.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.3%).

Among the top losers in the BSE 500 Index today are NAVIN FLUORINE (down 5.1%) and TIMKEN INDIA (down 5.2%).

E.I.D. PARRY (up 10.0%) and TV18 BROADCAST (up 7.1%) are among the top gainers today.

Over the last one year, NAVIN FLUORINE has moved up from Rs 684 to Rs 1,532, registering a gain of Rs 848 (up 124.0%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 434.2%), ABBOTT INDIA (up 142.3%) and NAVIN FLUORINE (up 107.8%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.5%). The top gainers among the BSE Sensex stocks today are HUL (up 5.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 9,383 (up 0.5%). HUL (up 5.0%) and DR. REDDYS LAB (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.44%).

NAVIN FLUORINE Financial Update...

NAVIN FLUORINE net profit stood at Rs 453 million for the quarter ended December 2019, compared to a profit of Rs 388 million a year ago. Net Sales rose 11.3% to Rs 2.5 billion during the period as against Rs 2.3 billion in October-December 2018.

For the year ended March 2019, NAVIN FLUORINE reported 19.2% decrease in net profit to Rs 1.5 billion compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 7.6% to Rs 10 billion during FY19.

The current Price to earnings ratio of NAVIN FLUORINE, based on rolling 12 month earnings, stands at 8.4x.

This article (NAVIN FLUORINE Plunges by 5%; BSE 500 Index Up 0.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

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