Mahindra & Mahindra Financial Services advanced 3.71% to Rs 188.65 after the companys net profit surged to Rs 601 crore in Q4 FY22 from Rs 150 crore in Q4 FY21.
Indian Card Clothing Company jumped 5.45% to Rs 297 after the company announced special interim dividend of Rs 25 per share for the financial year 2021-22.
Adani Enterprises fell 2.63% to Rs 2,277.70 after the company posted 15.7% decrease in consolidated net profit to Rs 304.32 crore in Q4 FY22 as against Rs 360.93 crore in Q4 FY21.
Around 4-5% of the revenue of states will go towards servicing such guarantee obligations this fiscal, partially reducing the ability of state governments to fund capital expenditure (capex).
It’s an important milestone which has been achieved in a short duration of time, said company.
The JPMorgan Manufacturing Purchasing Managers Index or PMI, compiled by S&P Global, fell from 52.9 in March to a 20-month low of 52.2 in April. The deterioration in the performance of the goods-producing sector was led by a renewed decline in production, which fell for the first time since June 2020, thanks principally by a steeping rate of output loss in mainland China amid fresh […]
The scrip had zoomed 9.72% to hit the days high at 3590.85 in early trade today.
Company has achieved a top line of over Rs 163.17 crore with Net Profits of Rs 18.87 Crore.

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