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Market drifts lower in early trade; breadth positive

Market drifts lower in early trade; breadth positive
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Auto stocks, Indian Oil Corporation, Union Bank of India in focus

Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2021. Indian Oil Corporation s board has accorded Stage - 1 approval for implementation of India s first ever Styrene Monomer Project with a capacity of 387 thousand metric tonnes per annum (TMTPA) at an estimated cost of Rs. 4,495 crore, at IndianOil s Panipat Refinery & Petrochemical Complex. Union Bank of India said the bank s board of directors approved capital plan of the bank to raise capital funds up to Rs 9,700 crore. Vodafone Idea reported a consolidated net loss of Rs 7,022.8 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 11,643.50 crore in the corresponding quarter of the previous fiscal. Gross revenue stood at Rs 9,607.6 crore, down 18.26% against Rs 11,754.2 crore registered in the March 2020 quarter.

Leidos Holdings Inc (LDOS) Q4 2020 Earnings Call Transcript

Operator Greetings. Welcome to the Leidos Fourth Quarter 2020 Earnings Call. [Operator Instructions] At this time, I ll turn the conference over to Peter Berl, Senior Vice President, Investor Relations. Mr. Berl, you may begin. Peter M. Berl Senior Vice President of Investor Relations Thank you, Rob and good morning, everyone. I d like to welcome you to our fourth quarter 2020 earnings conference call. Joining me today are Roger Krone, our Chairman and CEO; Jim Reagan, our Chief Financial Officer and other members of the Leidos management team. Today, we will discuss our results for the quarter ending January 1, 2021. Roger will lead off the call with notable highlights from the quarter as well as comments on the market environment, our Company strategy. Jim will follow with a discussion of our financial performance and our guidance expectations.

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