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The key equity barometers traded in a narrow range near the days low in mid-morning trade. The Nifty continued to trade below the 17,350 mark. IT shares declined across the board. At 11:23 IST, the barometer index, the S&P BSE Sensex, was down 917.17 points or 1.56% to 58,008.86. The Nifty 50 index lost 276.60 points or 1.57% to 17,329.25. In the broader market, the […]

Sales rise 79.02% to Rs 69.30 crore

Sales rise 492.42% to Rs 11.73 crore

Sharp spike in US treasury yields, returning for the first time to pre-pandemic levels dragged the dollar higher overnight. US benchmark 10-year treasury yields jumped to its highest level since 2019, breaking above 2%, after hotter-than-expected US inflation and hawkish comments from a Federal Reserve official fuelled bets for a more aggressive tightening. US Headline CPI in January rose at an annual rate of 7.5%. […]

Its EBITDA witnessed a decline of 21.3% yoy at Rs109 crore in Q3FY22 against Rs139 crore in Q3FY21.

Of Rs.1 per share

Gujarat Pipavav Port fell 2.1% to Rs 93.40 after the companys consolidated net profit fell 24% to Rs 44.60 crore in Q3 FY22 from Rs 58.72 crore registered in the same period last year.

Welspun Corp shed 7.62% to Rs 170.85 after the companys consolidated net profit slumped 70.21% to Rs 61.38 crore on a 6.78% decline in revenue from operations to Rs 1,298.89 crore in Q3 FY22 over Q3 FY21.

Speciality Restaurants jumped 11.95% to Rs 141.95 after the company reported consolidated net profit of Rs 11.20 crore in Q3 December 2021 as against net loss of Rs 3.69 crore in Q3 December 2020.

Sales decline 2.03% to Rs 1160.63 crore