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EBITDA had been impacted due to sharp rise in raw material and freight cost, however the Company has passed some cost to its customers.

The World Gold Council (WGC) stated yesterday that Global gold ETFs drew net inflows of 46.3t (US$2.7bn, 1.3% of AUM) in January, led by North American funds – partially offsetting the region’s 2021 outflows. These combined with positive flows from Europe significantly outweighed Asian outflows. Overall, net inflows were driven largely by gold price strength and a sharp selloff in equity markets, despite a reversal […]

TVS Motor Company gained 1.77% to Rs 648.05 after the company posted an 8.5% increase in standalone net profit to Rs 288.31 crore on a 5.8% rise in net sales to Rs 5,706.43 crore in Q3 FY22 over Q3 FY21.

Glaxosmithkline Pharmaceuticals shed 1.42% to Rs 1,558 after the companys consolidated net profit slipped 3.9% to Rs 150.35 crore on a 3% increase in net sales to Rs 815.92 crore in Q3 December 2021 over Q3 December 2020.

The contract is for the construction of the New Building of basement ground and six storeys.

In B Group

Japan average of household spending was down 0.2 percent on year in December, the Ministry of Communications and Internal Affairs said on Tuesday, coming in at 317,206 yen, following the 1.3 percent drop in the previous month. The average of monthly income per household stood at 1,102,091 yen, up 4.6 percent on year. On a monthly basis, household spending rose 0.1 percent following the 1.2 […]

Under the approved RP, Deep Onshore, a subsidiary of the company will acquire the assets of Dolphin.

National Aluminium Company (NALCO) rose 1.22% to Rs 120.45 after the companys consolidated net profit surged 246.53% to Rs 830.67 crore on 58.62% rise in net sales to Rs 3773.26 crore in Q3 December 2021 over Q3 December 2020.

The Board has declared an interim dividend of Rs2 per share for the financial year 2021-22.