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These new branches will offer a comprehensive range of banking services.

The lower sale and profit during the quarter was mainly due to the reduced quantum of orders for the high margin Female Condoms and an increase in raw material inputs and logistics cost due to COVID-19 Pandemic.

Sales rise 57.21% to Rs 6.43 crore

EBITDA (excluding Other Incomes) stood at Rs10.8 crore in Q3FY22, an increase of 75% yoy and 42% sequentially.

Sales decline 18.43% to Rs 5.31 crore

Reported sales nil

Vedanta rose 1.11% to Rs 365.45 after the company announced signing a memorandum of understanding (MOU) with Foxconn to form a joint venture company that will manufacture semiconductors in India.

The US stock market finished lower for third consecutive session on Monday, 14 February 2022, as risk sentiments remained bearish amid nervous over the pivot in monetary policy from the US Federal Reserve as well as heightened geopolitical tensions regarding the potential invasion of Ukraine by Russia. At the close of trade, the Dow Jones Industrial Average index declined 171.89 points, or 0.49%, to 34,566.17. […]

On 17 February 2022

Deep losses in the stock markets amid geopolitical tensions and elevated crude oil prices is expected to continue to weigh on the local unit in early trades on Tuesday, 15 February 2022. However, dollar coming off its previous day highs could lend some much needed support for the local currency. Moreover, official data released after market hours showed that retail inflation rose to 6.01 per […]