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As of May 16, 2017, the consensus forecast amongst 22 polled investment analysts covering Kajaria Ceramics Limited advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Feb 08, 2017. The previous consensus forecast advised investors to hold their position in Kajaria Ceramics Limited

The  IPO  of  India  Grid Trust to raise Rs 2,250 crore was oversubscribed 1.17 times till late afternoon trade on the last day of the offer on Friday. The issue received bids for 14,73,38,919 shares against the total issue size of 12,62,78,838, data available with the  NSE  till 2:00 pm (1400 hours) showed. The InvIT, sponsored by  Sterlite Power  Grid Ventures Ltd, on Tuesday raised over Rs 1,012 crore from anchor investors. India  Grid Trust, or IndiGrid, plans to raise Rs 2,250 crore through the initial share sale offer. It has a price band of Rs 98-100 per unit. This is the second  IPO  by an InvIT after IRB InvIT Fund. The  IPO  of IRB InvIT Fund was oversubscribed 8.57 times earlier this month. InvITs are debt instruments that are traded in the market and can act as investment vehicles for sponsors. The listing of instruments enables promoters of infrastructure to monetise completed assets and raise funds for other long-term projects. IndiGrid is a

n a volatile trade, Benchmark indices swung between gains and losses in today's trade on selling pressure and political turbulence in the White House.   Earlier in the day, S&P  BSE  Sensex  rose as much as 278 points to reach a fresh high of 30,712, surpassing its previous milestone of 30,691 hit on May 17 as FMCG surged on GST boost. The index has hit a new high for the fourth time in five sessions.   Government, yesterday, announced rates for more than 1,200 items under the GST, and the outcome had largely benefited the fast-moving consumer goods sector after rates for products like hair oil, soaps and toothpaste were brought down to 18% from 22-24%.   At 2:05 pm, the S&P  BSE  Sensex  was trading at 30,469, up 34 points, while the broader Nifty50 was ruling at 9,426, down 2 points.   The broader  markets  underperformed benchmark indices. The S&P  BSE  Midcap  and the S&P  BSE  Smallcap  indices erased their intraday gains to slip 1% and 0.9%, respective

Shakti Pumps (India) Ltd standalone net profit of Rs.5 crore in Q3FY17, vs net loss of Rs. 4.20 crore in Q3FY16 : Estimates Mixed Shakti Pumps Ltd.'s  Q3FY17 standalone results for the quarter came in mixed versus consensus estimates. Revenue for the quarter came in 11.8 % higher than the estimated figure of Rs. 90 crore. However, net profit for the quarter came in 23.6 % lower than the estimated figure of Rs. 7.02 crore. Shakti Pumps Ltd. standalone revenue for the quarter came in at Rs. 100 crore, registering  49.3% yoy increase. EBITDA for the quarter stood at Rs. 16 crore with a corresponding margin expansion of 1615 bps. EBITDA margin for the quarter stood at 16.2%. The net profit for the quarter came in at Rs. 5 crore vs net loss of Rs.4.19 crore. Shakti Pumps (India) Ltd ended at Rs. 168.7, up by 5.25 points or 3.21% from its previous closing of Rs. 163.45 on the BSE. The scrip opened at Rs. 166.9 and touched a high and low of Rs. 171.9 and Rs. 165.55 respectively.

Aditya Birla  Group firm Grasim Industries on Friday reported a marginal increase in consolidated net profit at Rs 1,063.62 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 1,055.26 crore during the same period of the previous fiscal, Grasim Industries said in a  BSE  filing. The revenue from operations during the quarter under review stood at Rs 11,140.21 crore as against Rs 10,566.36 crore in the year ago period. "On the completion of the merger of  Aditya Birla Nuvo  with Grasim, the company is poised to enter into a new era of growth, given its leadership position in all its businesses post merger," Grasim Industries said in a statement. For the entire fiscal, the company reported a consolidated net profit at Rs 4,245.61 crore compared to Rs 3,454.74 crore in the 2015-16 fiscal. Revenue for the fiscal stood at Rs 41,194.95 crore. It was Rs 39,196.61 crore in the previous fiscal. The company's board has recommen

Mumbai:  Suzlon Energy Ltd on Friday said it swung to profit in the fourth quarter from a year-earlier loss, helped by a record number of wind turbine installations. Suzlon reported a consolidated net profit of Rs578.99 crore for the quarter ended 31 March, compared with a consolidated net loss of Rs333.87 crore a year earlier. Consolidated income from operations rose about 55% to Rs4,992.59 crore from Rs3,219.30 crore. Four analysts polled by Bloomberg expected Suzlon to report a net profit of Rs278.8 crore on revenue of Rs4,814 crore. The wind energy sector in India had its highest installations of 5,502 megwatt (MW) in FY17, a rise of 61% from the previous fiscal. This entailed about $6.2 billion (Rs40,000 crore) in investment from various wind sector manufacturing companies in India, according to Suzlon. Revenue in wind turbine business, Suzlon’s largest, rose 44% to Rs3,988.07 crore in the fourth quarter. Operation and maintenance service business revenue rose 7.4

Keep an Eye on Chamble Fertilisers.. Results are expected to be Strong..