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Weakness in the greenback overseas helped the Indian rupee recover from its fresh lifetime low levels on Thursday. Rupee rebounded to close 25 paise higher at 82.75 (provisional) against the US dollar. Late buying in domestic equities also bolstered sentiment. However, rising crude oil prices in the international market capped the rupees gain. Domestic equity benchmarks ended marginally up and extended their winning streak to […]

Of Rs.1.35 per share

Healthy improvement in growth and asset quality

The private lenders net profit surged 70% to Rs 5,329.77 crore on 20% increase in total income to Rs 24,180.08 crore in Q2 FY23 over Q2 FY22.

HEFTY.art Powered by eDao Partner with Sotheby’s to Auction Original M.F. Husain Paintings

At 82.7825 per Dollar

The equity benchmark indices rose for the fifth straight session on Thursday. The Nifty 50 index traded in the red for a better part of the session, but bounced back in late trade. IT, PSU banks and oil & gas stocks were in demand. However, private banks, financial stocks and consumer durables stocks declined. Global stocks were mixed as traders assessed rate hike expectations and […]

PAT up 3.29%

Healthy core performance with strong growth and stable asset quality

The FMCG majors group consolidated net profit surged 36.26% to Rs 389.43 crore on 10.88% rise in revenue from operations to Rs 3,363.05 crore in Q2 FY23 over Q2 FY22.