noscript

News Hot Pursuit

 
ITD Cementation reports Q1 net loss of Rs 17 cr
16-Sep-20   15:05 Hrs IST

Consolidated net sales slumped 43.3% to Rs 399.73 crore in Q1 June 2020 over Q1 June 2019. Consolidated pre-tax loss stood at Rs 22.88 crore in Q1 June 2020 compared with pre-tax profit of Rs 28.04 crore in Q1 June 2019. Current tax expense for the quarter slumped 98% at Rs 0.28 crore from Rs 14.30 crore in Q1 June 2019.

The outbreak of COVID-19 had disrupted regular business operations of the group due to the lockdown restrictions and other emergency measures imposed by the government from time to time. However, the business operations have recommenced in a limited scale post relaxation of lockdowns with limited availibility of workforce and its disrupted supply chain.

Exceptional items for the quarter and year ended 31 March 2020 represents write off towards current trade receivables and unbilled work-in-progress worth Rs 40.93 crore receivable from a customer of the holding company, considered as non-recoverable.

ITD is engaged in providing design, engineering, procurement and construction (EPC) services for infrastructure projects in the country.

The stock surged 103.46% from its 52-week low of Rs 26 hit on 25 March 2020. On the technical front, the stock's RSI (relative strength index) stood at 53.705. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

The stock was trading above its 50-day moving average (DMA) placed at 49.26 and its 200-day moving average (DMA) placed at 47.77.

Powered by Capital Market - Live News

Attention Investors:
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
Disclosure of Proprietary Account Trading by Members to Clients
Proprietary Trading Disclosure:In terms of provisions of the Rules, Bye-Laws and Business Rules of the Exchange and with reference to circular MCX/T&S/147/2016 dated May 17, 2016 regarding Disclosure of Proprietary Account Trading by broker to client.,Pursuant to SEBI Circular Number SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003 & SEBI/HO/CDMRD/DMP/CIR/P/2016/49 dated April 25, 2016 GOODWILL WEALTH MANAGEMENT PVT LTD. Discloses to its clients about its policies on proprietary trades. Goodwill does proprietary trading in the derivatives segment at MCX respectively.GOODWILL – SEBI Reg No. INZ000049087
Copyright © 2016 All rights Reserved GOODWILL
Designed, Developed and content powered by CMOTS Infotech ( ISO 9001:2015 certified )
Filing complaints on SEBI Complaint Redress System (SCORES)
– Easy & quick
  • Register on SCORES portal
  • Mandatory details for filing complaints on SCORES:
    • Name, PAN, Address, Mobile Number, E-mail ID.
  • Benefits:
    • Effective communication
    • Speedy redressal of the grievances.
You can file complaints on SCORES through https://scores.gov.in/scores/Welcome.html