Tag Archives: Plunges

Share market update: Media shares decline; Dish TV plunges 18%

NEW DELHI: Media shares were trading in the negative zone in Friday’s afternoon session. Shares of Dish TV India (down 18.31 per cent) , Zee Media Corporation Ltd (down 4.76 per cent) , Hathway Cable & Datacom (down 4.44 per cent) , Zee Entertainment (down 4.3 per cent) and Network 18 Fincap (down 3.82 per cent) were trading with losses. TV18 Broadcast (down 2.2 ... Read More »

Yelp Plunges on “Short-Term” Advertising Weakness

released third-quarter 2018 results on Thursday after the market closed, and the market was not pleased. Shares of the local business-review specialist plummeted nearly 25% after it revealed disappointing quarterly growth and reduced its full-year outlook, stoking fears that the early momentum of its recent shift to flexible non-term ad contracts may not be sustainable. Let’s dig deeper, then, to see exactly ... Read More »

MOIL December Quarter Net Plunges 88%

New Delhi: State-run MOIL’s standalone net profit plunged 88 per cent to Rs 13 crore for the quarter ended December due to lower income. The company had reported a net profit of Rs 108 crore in the corresponding quarter of the previous fiscal, it said in a filing to the BSE. The company’s income from operations declined 59.7 per cent ... Read More »