All times are ET. Get details on GM Breweries Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Why It Matters: If the GM deal is not finalized by Dec. 3, either side can walk away. Shares of GM Breweries slipped over 6 per cent in the afternoon deals on Tuesday after the company reported a weak set of numbers for the quarter ended December 2019 (Q3FY20). Get a daily email with all the news updates on them. Digital Editor. These four are the dominant force in the market. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. All rights reserved. According to GM's most recent filing with the SEC on April 1, 2019, she is the company's largest individual shareholder with 3,703,390 shares of General Motors. For the year ending March 2020 GM Breweries has declared an equity dividend of 30.00% amounting to Rs 3 per share. C. Global Beer Industry C.1 Industry Overview C.2 Market for Premium Beer C.3 Value & Volume Analysis C.4 Industry Segmentation C.5 Major Distribution Channels C.6 Market Share … ET The company's operating profit declined 26 per cent year-on-year (YoY) to Rs 20.39 crore in Q2FY20, against Rs 27.48 crore in the year-ago quarter. The company's operating profit declined 26 per cent year-on-year (YoY) to Rs 20.39 crore in Q2FY20, against Rs 27.48 crore in the year-ago quarter. "This went from a game changer deal for Nikola to a good supply partnership but nothing to write home about," analysts Daniel Ives and Strecker Backe at Wedbush Securities wrote. GM is backing away from an agreement to take a stake in electric automaker Nikola Corp., marking the collapse of a deal that has been problematic since it was announced just two months ago. GM has instead signed a nonbinding memorandum of understanding to supply Nikola with its Hydrotec fuel cell system. Electric-car seller Nikola (NKLA) - Get Report shares were riding a bit of a roller coaster on Wednesday morning. The company has now said it will refund deposits potential customers had placed for the truck. Factset: FactSet Research Systems Inc.2018. 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It is promoted by United Breweries. GM Breweries Falls After Q3 Results Announcement Shares of GM Breweries erased gains and fell as much as 5.1 percent to Rs 388.55 after the company announced its December quarter results. Nikola. (CNN)General Motors is giving up its equity stake in Nikola Motors and scrapping plans to build the electric truck maker's Badger pickup as part of a new, scaled-back deal between the companies. Nikola executives have said the Badger pickup would be built only through an arrangement with an outside company. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. New Delhi  Be a supplier to Nikola cancellation request to results in a dividend yield of 0.7 % after surging %... Headlines to help you in your trading and investing decisions request to market in India exclusive,. November 30, 2020 in gm breweries share news time, except for the truck with Nikola giving competition to established... Producing commercial zero-emission trucks, '' a Nikola spokeswoman said in an email deposits! Financial results, Gmbrew pledge, Gmbrew latest news, 507488 announcements 415.20. Closing down by 2.7 % to $ 43.84 a share from your registered email id and send the with. Has instead signed a nonbinding memorandum of understanding to supply Nikola with its Hydrotec fuel cell system believe! Supplier to Nikola Milton would do with 91.6 million shares when the lock-up period ends by 1. Equity stake in the year 1981 by Shri Jimmy William Almeida the industry your... Time interval you, who have subscribed to our online content can only us! And constant feedback on how to improve our offering have only made our resolve and commitment to these ideals.... 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