Crisil has assigned Keystone Realtors (NSE:RUSTOMJEE, BOM:543669) a 'Crisil AA -' rating for its non-convertible debentures worth 3.35 billion Indian rupees, according to a Tuesday filing to the Indian stock exchanges.
The ratings agency has also given a stable outlook for the real estate developer's debentures.
The company's shares were down over 3% in recent trade.
Dynamic Cables' (NSE:DYCL, BOM:540795) profit rose to 241.7 million Indian rupees in the fiscal fourth quarter ended March 31, from 235.6 million Indian rupees a year ago, according to a Tuesday filing to the Indian stock exchanges.Earnings per share climbed to 4.99 rupees from 4.87 rupees a year ago, the cable manufacturer said in a filing to the Indian stock exchanges on Tuesday.Revenue from operations in fiscal Q4 also increased to 3.55 billion rupees from 3.31 billion rupees a year ago.The company's board recommended a final dividend of 0.50 rupees per equity share of face value of 10 rupees each fully paid up, for the financial year ended March 31.The company's shares were down 20% in recent trade.
Oberoi Realty (NSE:OBEROIRLTY, BOM:533273) has an average rating of overweight and mean price target of 1,766.89 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Hotung Investment (SGX:BLS) bought back 20,000 shares in the open market on Tuesday for SG$33,664, according to a same-day filing with the Singapore Exchange.The venture capital investment company could repurchase around 9.5 million shares under its existing repurchase mandate.