As of the close of December 2021, the AUM (assets under management) of India mutual funds stands at approximately $500 billion. Normally, the mutual fund industry is said to acquire momentum once the AUM crosses $1 trillion, but that is still some time away.
For the Indian bond markets, the Union Budget 2022-23 is likely to be an interesting and important budget for several reasons.
Torrent Pharmaceuticals Ltd recorded volume of 41619 shares by 10:51 IST on BSE, a 10.96 times surge over two-week average daily volume of 3797 shares
The company reported 24% yoy higher profit at Rs286cr in Q3FY22. Revenue jumped 36% yoy to Rs2,059cr.
Moody’s Named to Bloomberg Gender-Equality Index for Third Consecutive Year
The company reported revenue from operations in the third quarter at Rs 2,108 crore as compared to Rs 1,995 crore in the previous corresponding quarter, reflecting a marginal growth of 5.66%.
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