BANK OF MAHARASHTRA share price has zoomed 9% and is presently trading at Rs 10.

Meanwhile, the BSE BANKEX Index is at 22,787 (up 2.1%).

Among the top Gainers in the BSE BANKEX Index today is BANK OF MAHARASHTRA (up 8.6%).

Over the last one year, BANK OF MAHARASHTRA has moved down from Rs 15 to Rs 10, registering a loss of Rs 5 (down 35.9%).

On the other hand, the BSE BANKEX has moved down from 32,704 to 22,787, loss of 9,917 points (down 30.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were [param_historic_top3].

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%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). 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%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 4.1%), INDIABULLS HOU. FIN. (up 3.8%) and HUL (up 3.2%). Other gainers include HINDALCO (up 2.5%) and ZEE ENTERTAINMENT (up 2.3%) 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 16.35%).

BANK OF MAHARASHTRA Financial Update...

BANK OF MAHARASHTRA net profit declined 103.6% YoY to Rs 1 billion for the quarter ended December 2019, compared to a loss of Rs 38 billion a year ago. Operating income rose 14.0% to Rs 30.2 billion during the period as against Rs 26.5 billion in October-December 2018.

For the year ended March 2019, BANK OF MAHARASHTRA reported 328.3% increase in net profit to Rs 47.6 billion compared to net profit of Rs 11.1 billion during FY18.

Revenue of the company grew 2.2% to Rs 108 billion during FY19.

The current Price to earnings ratio of BANK OF MAHARASHTRA, based on rolling 12 month earnings, stands at 6.7x.

This article (BANK OF MAHARASHTRA Surges by 9%; BSE BANKEX Index Up 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.

J.B.CHEMICALS share price has hit a 52-week high at Rs 625 (up 2.0%).

Meanwhile, the BSE 500 Index is at 12,146 (up 1.7%).

Among the top gainers in the BSE 500 Index today are J.B.CHEMICALS (up 2.0%) and ICICI SECURITIES LTD (up 10.5%).

CYIENT (down 5.6%) and RELIANCE CAPITAL (down 5.0%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 625, registering a gain of Rs 294 (up 87.64%).

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 435.7%), ABBOTT INDIA (up 145.8%) and NAVIN FLUORINE (up 122.8%).

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%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). 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%) and INDIABULLS HOU. FIN. (up 3.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,277 to 32,089, registering a gain of -6,188 points (up -16.4%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.0x.

This article (J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0% ) 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.

HATHWAY CABLE share price has zoomed 11% and is presently trading at Rs 20.

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

Among the top Gainers in the BSE 500 Index today is HATHWAY CABLE (up 11.5%).

ADANI PORTS & SEZ and CARE RATING are among the top losers today.

Over the last one year, HATHWAY CABLE has moved down from Rs 29 to Rs 20, registering a loss of Rs 9 (down 32.2%).

On the other hand, the BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 19.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 432.6%), ABBOTT INDIA (up 145.6%) and NAVIN FLUORINE (up 117.3%).

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 INDUSIND BANK (up 4.0%), HUL (up 3.2%) and KOTAK MAHINDRA BANK (up 2.6%). Other gainers include RELIANCE IND. (up 2.5%) and ICICI BANK (up 2.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.4%). The top gainers in the NSE Nifty include INDUSIND BANK (up 3.9%), DR. REDDYS LAB (up 3.5%) and KOTAK MAHINDRA BANK (up 3.2%). Other gainers include INDIABULLS HOU. FIN. (up 3.2%) and HUL (up 2.9%) 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 16.71%).

HATHWAY CABLE Financial Update...

HATHWAY CABLE net profit declined 168.0% YoY to Rs 131 million for the quarter ended March 2020, compared to a loss of Rs 192 million a year ago. Net Sales rose 5.7% to Rs 1.5 billion during the period as against Rs 1.4 billion in January-March 2019.

For the year ended March 2019, HATHWAY CABLE reported 336.0% decrease in net profit to Rs 2.4 billion compared to net profit of Rs 1.0 billion during FY18.

Revenue of the company grew 1.5% to Rs 16 billion during FY19.

The current Price to earnings ratio of HATHWAY CABLE, based on rolling 12 month earnings, stands at 206.9x.

This article (HATHWAY CABLE Surges by 11%; 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.

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.

HUL share price has zoomed 5% and is presently trading at Rs 2,098.

Meanwhile, the BSE FMCG Index is at 10,083 (up 2.0%).

Among the top Gainers in the BSE FMCG Index today are HUL (up 5.2%) and GSK CONSUMER (up 5.1%).

GODFREY PHILLIPS (down 0.3%) and GODREJ AGROVET LTD (down 1.0%) are among the top losers today.

Over the last one year, HUL has moved up from Rs 1,695 to Rs 2,098, registering a gain of Rs 402 (up 23.6%).

On the other hand, the BSE FMCG has moved down from 11,531 to 10,083, loss of 1,448 points (down 12.6%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were TATA CONSUMER PRODUCTS (up 74.6%), NESTLE (up 70.0%) and GSK CONSUMER (up 48.6%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.8%).

The top gainers among the BSE Sensex stocks today are HUL (up 5.2%), RELIANCE IND. (up 4.0%) and NESTLE (up 3.9%). Other gainers include TECH MAHINDRA (up 3.6%) and SUN PHARMA (up 3.2%). 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%). The top gainers in the NSE Nifty include HUL (up 5.1%), RELIANCE IND. (up 3.9%) and DR. REDDYS LAB (up 3.7%). Other gainers include TECH MAHINDRA (up 3.6%) and SUN PHARMA (up 3.3%) 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 17.23%).

HUL Financial Update...

HUL net profit down at Rs 15 billion for the quarter ended March 2020, compared to a loss of Rs 16 billion a year ago. Net Sales declined 8.1% to Rs 90.1 billion during the period as against Rs 98.1 billion in January-March 2019.

For the year ended March 2019, HUL reported 19.6% increase in net profit to Rs 62.9 billion compared to net profit of Rs 52.6 billion during FY18.

Revenue of the company grew 8.5% to Rs 393 billion during FY19.

The current Price to earnings ratio of HUL, based on rolling 12 month earnings, stands at 67.3x.

This article (HUL Surges by 5%; BSE FMCG Index Up 2.0%) 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.

Belgium, Denmark, and Germany have the highest personal income tax burdens, at over 35 percent, among OECD countries, according to the latest OECD Taxing Wages report, which says that just over half of countries made small increases to their average personal tax rates last year.

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations.

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today

Share price of SBI Cards and Payment Services gained 2.44% to Rs 587.80 compared to the previous close of Rs 573.80 on BSE

At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close

Stock specific action was seen in index heavyweight Reliance Industries gained 3.43% to Rs 1,558 on BSE after PE firm Vista Equity Partners said it would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Share price of Tata Motors slipped 2.36% intra day to Rs 84.85 compared to the previous close of Rs 82.50 on BSE

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago

Kerala coronavirus cases: With May 8 being the 100th day of COVID-19 outbreak in India, Kerala reported only one new case in 24 hours, state CM Pinarayi Vijayan said on Friday

ICICI Bank's board also approved issuances of bonds/notes/offshore Certificate of Deposits in overseas markets up to $3 billion in single or multiple tranches for a period of one year

The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March

TRA2020 conference in April 2020 has been cancelled

More information

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector

Both cars come with eight-speed steptronic sport automatic transmission and a host of safety features like six airbags, attentiveness assistance, dynamic stability control, including dynamic traction control, anti-lock braking system and electric parking brake

Jio has also announced new add-on data packs under work from home theme

Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term.

The Inland Revenue Authority of Singapore has updated its guidance on the introduction from January 1, 2020, of an obligation on Singaporean taxpayers to collect GST on imported services under a reverse charge.

The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year.

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms.

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies.

On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals.

On September 24, 2019, the Polish Government adopted the draft Budget for 2020, which takes into account recent reductions in personal income tax.

On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis.

On January 15, 2020, three tax bills were made law to give effect to measures announced in South Africa's 2019 Budget.

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.

Dengue fever is a mosquito-borne tropical disease caused by the dengue virus. The death toll from dengue fever in West Bengal has gone up to 12, reported an official.

A typical chikungunya patient manifests high-grade fever, severe joint pain, headache, muscle pain, joint swelling, or rash. In order to prevent

The dengue virus kills an estimated 20,000 people each year and infects up to 100 million, suggested the World Health Organization (WHO). There is no vaccine for dengue.

Delhi has reported 220 new cases of dengue in the last one week while the total number of new chikungunya cases for the same period stands at 628. A

Tens and thousands of people in India are being affected by mosquito-borne diseases like dengue, malaria and chikungunya. However, dengue and malaria

According to a municipal report released on Monday, around 285 cases of dengue were reported in the National capital in the end of the week on November 3, compared to 290 cases in the previous week.

People infected with dengue will not be allowed to donate blood for six months, as per the announcement of the Ministry of Health (MoH) and the Department

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies.

Canada's small business tax rate will be reduced from 10 percent to nine percent from January 1, 2019, as part of a suite of new year tax changes.

Canadian Finance Minister Bill Morneau has made tax non-compliance in the real-estate market a major focus of his 2019 Budget.

The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015.

The revised double tax avoidance agreement between India and Cyprus will take effect from April 1, 2017, India's Central Board of Direct Taxes has announced.

The total loss to EU member states from the schemes revealed in the Panama Papers could be in the region of between EUR109bn (USD119bn) to EUR237bn, according to a new study commissioned by the European Parliament's PANA committee.

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year.

Cyprus's Department of Taxation said recently that it will accept only electronic payment for the main tax heads from June 1, 2018.

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012.