Bajaj Electricals Q1 results: Net loss stood at Rs. 16.60 crores for FY21
Bajaj Electricals: On Tuesday, August eleventh, the organization announced its Q1 results for the Financial Year 2020-21. The organization's combined overal deficit of Rs. 16.60 crores in this quarter finished on June 30th. The organization additionally posted its united net benefit of Rs. 13.70 crores in a similar period last monetary year.
In addition, the organization's all out revenue from the tasks diminished by 53.30% Year-on-Year (YoY) to Rs. 615.34 crores in Q1FY21. The organization likewise announced its absolute income of Rs. 1,317.99 crores in a similar period a year ago.
The organization stated, because of the COVID-19 pandemic across India, the organization's tasks have been affected in the long periods of March, April, and May 2020, in light of brief shut-down of assembling offices, deals, and dispersion and execution of building, obtainment and development contracts following the lockdown.
Notwithstanding, the portions of Bajaj Electricals Limited announced a bullish pattern in the financial exchange on Tuesday. The organization increased 9.60 focuses with a 2.25% expansion and arrived at 436.00 INR. While in BSE, the organization increased 10.85 focuses with a 2.54% expansion and arrived at 437.35 INR.
Stock Market August 11th:
On Tuesday, both Sensex and Nifty detailed a bullish pattern in the financial exchange from the last two meetings. The Sensex is exchanging over 38,400 levels and Nifty is exchanging over 11,300 levels in the securities exchange. The Sensex increased 224.93 focuses with a 0.59% expansion and arrived at a 38,407.01 level. While Nifty increased 52.35 focuses with a 0.46% expansion and arrived at 11,322.50 level.
On the opposite side, the quantity of coronavirus cases in India arrived at 22,68,675 as of Tuesday, August eleventh, and passings arrived at 45,257.
In the fringe showcase, the S&P BSE SmallCap announced a bearish pattern in the securities exchange on Tuesday. It lost 31.82 focuses with a 0.23% lessening and arrived at a 13,837.26 level. The S&P BSE Midcap lost 28.33 focuses with a 0.20% lessening and arrived at a 14,392.37 level. While Nifty Bank increased 326.95 focuses with a 1.49% expansion and arrived at 22,227.20 level.
Top Gainers on August eleventh: IDFC Bank, Zee Entertainment, Indiabulls Housing Finance, Jindal Steel, and Axis Bank are the top gainers in the present financial exchange.
Top Losers on August eleventh: Torrent Pharma, Vodafone Idea, Info Edge, Shree Cements, and Titan Company are the top failures in the present securities exchange.