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Of Rs 42.5 per share

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 25.45 points or 0.12% at 21631.16 at 13:47 IST.

Mahindra Lifespace Developers gained 1.89% to Rs 376.75 after the real estate company reported net profit of Rs 136.82 crore in Q4 FY22 as against a net loss of Rs 27.2 crore in Q4 FY21.

Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 15.12 points or 0.84% at 1779.15 at 13:47 IST.

Gold is seemingly losing appeal as safe haven amid robust demand for dollar which is soaring towards levels not seen in nearly two decades. Deepening energy crisis in Europe worsened by the Russian gas-halt to Poland and Bulgaria and China Covid concerns are further adding to dollar demand. Besides, surge in US treasury yields amid Feds continued policy stance of aggressive tightening amid multi-decade high […]

Procter & Gamble Hygiene & Health Care rose 2.69% to Rs 14301.15 after the companys net profit rose 4.60% to Rs 102.85 crore on 28.12% rise in net sales to Rs 973.26 crore in Q3 March 2022 over Q3 March 2021.

This is the fourth consecutive quarter with double digit growth. It clearly demonstrates the change of the Group’s growth profile and our ability to gain market share.

The company’s net operating revenue for Q4FY22 declines 20.52% yoy at Rs242.35 crore as compared to Rs304.91 crore in Q4FY21.

ICRA expects capacity utilisation (CU) to reach the critical threshold of 75% required to trigger broad-based capacity expansion, only by the end of CY2022