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This Buyback shall close on February 13, 2023.

Power Mech Projects (PMPL) rallied 4.90% to Rs 1,206.90 after the company announced that it has bagged a record order for 5 Flue Gas Desulphurization (FGD) projects with an aggregating value of Rs 6,163.20 crore from Adani Group.

High raw-material inflation, elevated freight expenses, and normalization in costs have impacted margins of Indian pharma players. During Q1FY23 EBITDA margins of 17 pharma stocks under IIFL Capital Services’ coverage universe declined on an average by ~450-500 basis points YoY.

According to a stock exchange filing by the company, ONGC standalone net profit for the months of April through June was Rs 15,205.85 crore, or Rs 12.09 per share, up from Rs4,334.75 crore, or Rs3.45 per share, during the same period last year.

Dunzo also offers 15-20 minute delivery option

Early trading today saw a decline in the price of gold and silver .10 grams of gold is currently trading at Rs52,250.

This raises its estimated value to $1.3 billion, making it the newest member of this year's unicorn club. Startups with a $1 billion or higher valuation are known as unicorns.

The rupee started out at 79.60 versus the US dollar on the interbank foreign exchange but later dropped to 79.68, losing 23 paise from the previous close

The key equity indices pared some losses in morning trade. The Nifty traded tad above the 17,900 mark. FMCG shares advanced for third day in a row. At 10:29 IST, the barometer index, the S&P BSE Sensex, was down 127.88 points or 0.21% to 60,132.25. The Nifty 50 index lost 39.80 points or 0.22% to 17,904.45. In the broader market, the S&P BSE Mid-Cap index […]

Record date for IDCW is 23 August 2022