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Apollo Tyres rallied 4.17% to Rs 297.45 after the tyre makers consolidated net profit rose 11.87% to Rs 194.45 crore on 17.31% increase in revenue from operations to Rs 5,956.05 crore in Q2 FY23 over Q2 FY22.

Telecom stocks were trading with gains, with the S&P BSE Telecommunication index increasing 8.29 points or 0.46% at 1802.16 at 09:46 IST.

Business Wire India Wise Platform has launched a new service with leading global HR and payroll company, Deel. The feature enables customers to send funds via Deel using just an email address, opening up 10 new currencies in Deel’s payments infrastructure and further simplifying global payroll for over 10,000 Deel customers – from SMBs to publicly traded companies.   This press release features multimedia. View […]

Auto stocks were trading in the positive zone, with the S&P BSE Auto index rising 272.89 points or 0.91% at 30175.34 at 09:46 IST.

Coal India Ltd has lost 0.44% over last one month compared to 8.6% gain in S&P BSE Metal index and 6.37% rise in the SENSEX

The CPI (retail) inflation has fallen just 102 basis points from the peak, despite the RBI hiking rates by 190 basis points. However, the impact of the rate hikes is visible in the wholesale price index (WPI) inflation.

The CPI inflation (retail inflation) for the month of October 2022 came in at 6.77%. That is a marginal 4 bps higher than the Bloomberg consensus estimate of 6.73%.

The current market cap of the company is Rs58.24 crore.

The segment designated for qualified institutional buyers received 98.47 times subscriptions, while the segment for non-institutional investors received 21.21 times subscriptions. The retail investor portion received 4.09 times as much interest

Record date is 08 December 2022