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The Reserve Bank of India (RBI) will go for status quo in key policy rates in its August policy review, the economic research department of country's largest lender SBI said today. The call is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra which came out with its expectation of a hike today. For 2 Days Free Trial Click here: CapitalHeigth.

    Asian Paints on Tuesday posted 30.56 per cent rise in consolidated profit at Rs 558.02 crore for the quarter ended June 2018. It has posted a net profit of Rs 427.41 crore in the corresponding quarter last year. ET Now poll had predicted a net profit of Rs 521 crore. Consolidated revenue from operations increased to Rs 4,398.59 crore in Q1FY19 over Rs 4,228.26 crore in Q1FY18. Decorative paint business of the company registered double-digit volume growth. Ebitda on a consolidated basis jumped to Rs 874.40 crore during the quarter under review as against Rs 665.40 crore in the same quarter last year.
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Location: India

Comments

  1. Pooja PariyaAugust 28, 2018 at 4:37 AM

    the Bank Nifty touching a fresh record. The midcap index ended over a quarter of a percent lower.


    share-tips-expert

    ReplyDelete

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