Shares of Coal India
declined marginally after opening higher, while those of Sun Pharma and Oil India rose 2% each in Wednesday’s morning trade post their respective earnings numbers for the third quarter of FY19.
’s PAT grew 286.2% yoy to Rs1,241.85cr in Q3FY19
. EBITDA in Q3FY19 grew 48.1% yoy to Rs2,152.89cr vs. Rs1,453.4cr in Q3FY18 and Rs1,531.2cr in Q2FY19. EBITDA margin in the quarter stood at 27.8% vs. 22.1% in Q2FY19 and 21.8% in Q3FY18.
Sun Pharmaceuticals Industries Ltd is currently trading at Rs444.20 up by Rs7.45 or 1.71% from its previous closing of Rs436.75 on the BSE. The scrip opened at Rs451.50 and has touched a high and low of Rs454.40 and Rs441.65 respectively.
Coal India beat estimates for Q3FY19
by a significant extent supported by healthy realisations. Revenue grew by 15.7% yoy to Rs25,046cr (expectation Rs24,328cr). Net Profit stood at Rs4,566cr against an estimate of Rs3,618cr.
Coal India Ltd is currently trading at Rs222.10 down by Rs0.85 or 0.38% from its previous closing of Rs222.95 on the BSE. The scrip opened at Rs226 and has touched a high and low of Rs228 and Rs220.65 respectively.
reported PAT for Q3FY19 at Rs1,233.5crore. This is the highest quarterly profit since listing of the company in September, 2009 and 74.90% higher as compared to PAT of Rs705.2cr during similar quarter last year.
Oil India Ltd is currently trading at Rs171.10 up by Rs1.25 or 0.74% from its previous closing of Rs169.85 on the BSE. The scrip opened at Rs175 and has touched a high and low of Rs176.80 and Rs170.40 respectively.