Coforge reported 13% rise in consolidated net profit to Rs 207.7 crore on a 5.1% increase in gross revenues to Rs 1,742.9 crore in Q4 FY22 over Q3 FY22.
Supply factors are likely to limit near-term growth opportunities for Indian renewable power generators stemming from the country’s current heat wave and high fossil-fuel prices, says Fitch Ratings.
The domestic equities hit intraday low during mid-morning trade. The Nifty traded above the 15,800 level. The sectoral indices declined across the board on the NSE with PSU bank, consumer durables and metal scrips being the top laggards. At 11:22 IST, the barometer index, S&P BSE Sensex was down 1,089.14 points or 2.01% to 52,999.25. The Nifty 50 index lost 338.65 points or 2.09% to […]
Receives Bids for 8.89 crore shares against 6.99 crore shares offered in the Rights Issue; Public portion of the Rights Issue subscribed more than 1.38 times.
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