V-Guard shares plunged almost 2% after its Q4 results for FY20

V Guard: It is one of the biggest electrical machines producers in India situated in Kochi, Kerala. Though, the organization produces stabilizers, electrical links, electric siphons, electric engines, fountains, and electric fans. The organization was established by Kochouseph Chittilappilly in 1977.

In the interim, on Tuesday, June second, the portions of the electric machine producer organization plunged nearly 2% in the stock marekt after its Q4 results for the Money related Year 2020 finished on Spring 31st. The organization detailed its united net benefit diminished by 47% to Rs 32.23 crores in Q4FY20.  



On Tuesday, June second, the portions of V Gaurd Industries detailed a bearish pattern in the securities exchange. The organization lost 4.15 focuses with a 2.15% decline and arrived at 179.95 INR. While in BSE, the organization lost 4.80 focuses with a 2.61% decline and arrived at 179.20 INR.

Stock Market on May 29:

On Tuesday, the early trade of both Sensex and Nifty continues its bullish trend in the stock market. The Sensex is trading above 33,500 levels, and Nifty is trading above 9,800 levels in the stock market. The Sensex gained 225.89 points with a 0.68% increase and reached a 33,524.93 level. While Nifty gained 62.90 points with a 0.64% increase and reached 9,889.05 level.
On the other side, the number of coronavirus cases in India reached 1,98,706 as of Tuesday, June 2nd, and deaths reached 5,598.

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