Markets, in general, look fine and healthy; Focus on improving Corporate Governance in mid & small-caps, to create wealth in 2018. The company on February 9 had reported a consolidated net profit of Rs 1,135.92 crore for the third quarter ended December 31 against net profit of Rs 231.90 crore in the same quarter of last fiscal. The lender reported a net loss of Rs 2,416 crore for the December quarter compared with a Rs 1,820 crore profit in the year-ago quarter. As a result of this preferential allotment, the aggregate shareholding of the promoter group in Idea has increased from 42.4 per cent to 47.2 per cent. Shares of the company closed 1.01 per cent up at Rs 84.70.More than 20 stocks rallied over 15 per cent on bourses.

Source: Economic Times February 12, 2018 12:22 UTC