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Here we present our views on the Pharmaceuticals Sector and how it has evolved over the years.
Hindalco's net profit declined by 10.7% YoY due to a one-time provisioning of Rs 1.06 billion towards mining litigation case.
Hindalco Industries has reported a healthy growth in the topline on the back of Higher volume and realisation for both Aluminium and Copper segments. However, the bottomline declined marginally primarily on the back a provision of Rs 1.04 billion.
Hindalco Industries has reported a 14.5% YoY increase in the topline while the bottomline came at Rs 3.2 billion.
SAIL has reported a 21.4% YoY increase in the topline while the bottomline reported a loss of Rs 7.31 billion.
Tata Steel has reported a 0.1% increase in the topline while the bottomline was in red in 2QFY17.More Views on News
The Financial Resolution and Deposit Insurance(FRDI) Bill proposes to do just this.
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