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Tata Metaliks reported a net profit of Rs 14.29 crore in Q2 FY23, down by 73.8% from Rs 54.62 crore recorded in Q2 FY22.

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Power stocks were trading in green, with the S&P BSE Power index rising 59.88 points or 1.28% at 4748.3 at 09:46 IST.

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Auto shares gain

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Auto stocks were trading in the positive zone, with the S&P BSE Auto index rising 382.35 points or 1.33% at 29142.19 at 09:46 IST.

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Can Fin Homes rose 1.53% to Rs 510.30 after the companys net profit rose 14.6% to Rs 141.71 crore on 40.5% increase in total income to Rs 657.55 crore in Q2 FY23 over Q2 FY22.

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Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 49.18 points or 1.28% at 3893.43 at 09:46 IST.

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Early trade saw a small uptick in gold prices, with 10 grams of the 24-karat yellow metal going for Rs50,680.

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