The benchmarks indices extended losses in morning trade, tracking negative global cues. The Nifty was trading a tad above 16,350 mark. Banks stocks extended their downfall for the third consecutive session. At 10:25 IST, the barometer index, S&P BSE Sensex was down 1059.95 points or 1.90% to 54,642.28. The Nifty 50 index lost 327.65 points or 1.96% to 16,355. Investor sentiment were dented on concerns […]
All major CV OEMs reported double digit growth in March’22 aided by pick up in infra projects, growth in logistics and e-commerce sector coupled with easing of finance option
Voltas fell 7.22% to Rs 1074.65 after the companys consolidated net profit declined 23.15% to Rs 182.70 crore on 0.22% rise in net sales to Rs 2633.72 crore in Q4 March 2022 over Q4 March 2021.
India Services PMI Improves In April Indias service Purchasing Managers Index rose to 57.9 in April from 53.6 in March, survey results from S&P Global showed on Wednesday. Any score above 50.0 indicates expansion in the sector. New business inflows and output increased at the strongest pace since November last year due to higher bookings after the easing of Covid-19 pandemic-related restrictions and favorable demand […]
Ceat declined 4.19% to Rs 1,044.55 after the company reported an 83.5% decline in consolidated net profit to Rs 25.25 crore despite a 13.2% rise in net sales to Rs 2592 crore in Q4 FY22 over Q4 FY21.
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