Lok Sabha Election Results 2019: Public Sector Bank of Baroda resulted in improvement in results. The bank's loss is reduced. Bank has recorded a loss of Rs 991 crore against the bank's Rs 3102 crore
Between the results of the Lok Sabha elections, there will be some shares on the basis of results and news that will be most visible. In the initial trends, the NDA will look after many stocks after the news of the rise.
The result of the public sector bank of Baroda resulted in improvement. The bank's loss is reduced. The bank has recorded a loss of Rs 991 crore against the bank's Rs 3102 crore. The good thing is that their asset quality has been improved. Their NPA Percentage of 4.26% has come down to 3.3%. GNPA has also seen a decline. The GNPA of 11% has decreased to 9.6 %
GNFC
There are weak results of GNFC. Its profit has come down from Rs 156.4 crore to Rs 99.8 crore. Of course, there has been an increase in its income. Their income increased to Rs 2138.4 crore compared to Rs 2055.3 crore. It's working profit has come down from Rs 227 crores to Rs 163.5 crores.
JK Lakshmi Cement
JK Lakshmi Cement The results are good. Its profit increased from Rs 33 crore to Rs 43 crore. That is 30% of the profits the company has earned. Their income also increased from Rs 896 crore to Rs 1172 crore. That is, income has increased by 30%.
Thermax
Thermax which gave better results. Its profit has increased from Rs 76 crore to Rs 127 crore. There was an increase of 67% indirect profits. The company's income also increased by 43% to Rs 2073 crore. Similarly, the working profit has increased from Rs 138 crore to Rs 194 crore.
Between the results of the Lok Sabha elections, there will be some shares on the basis of results and news that will be most visible. In the initial trends, the NDA will look after many stocks after the news of the rise.