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Ipca Laboratories Ltd, Aster DM Healthcare Ltd, Divis Laboratories Ltd and Bharat Dynamics Ltd are among the other losers in the BSEs A group today, 12 August 2022.

Grasim Industries rose 2.01% to Rs 1,632 after the companys consolidated net profit rose 16% to Rs 1,933 crore on 41% increase in revenue to Rs 28,042 crore in Q1 June 2022 over Q1 June 2021.

The UK economy logged only a marginal contraction in the second quarter despite the challenges posed by the rising interest rates and high inflation that is squeezing real income. Gross domestic product shrank 0.1 percent from the first quarter, when output had advanced 0.8 percent, the Office for National Statistics reported. The Bank of England had projected the economy to enter recession later this year […]

ICRA reaffirms rating for Mahindra & Mahindra’s BLR, NCD

Dollar is seen rebounding on Friday following two day sell-off and tracking a sharp bounce back in US treasury yields overnight. US benchmark treasury yields rose more than 3% on Thursday after reports that San Francisco Fed President Mary Daly said she was open to a 75 basis point rate hike in September, noting that inflation still remained around 40-year highs. Chicago Fed President Charles […]

Gujarat Mineral Development Corporation (GMDC) rallied 3.50% to Rs 178.95 after the company reported a consolidated net profit of Rs 344.95 crore in Q1 FY23, steeply higher than Rs 37.71 crore recorded in Q1 FY22.

Godrej Industries rose 1.49% to Rs 469.15 after the companys consolidated net profit surged 47.19% to Rs 203.95 crore on 39.23% jump in revenue from operations to Rs 4024.55 crore in Q1 FY23 over Q1 FY22.

Jet Freight Logistics Ltd, BPL Ltd, Lokesh Machines Ltd and Oricon Enterprises Ltd are among the other losers in the BSEs B group today, 12 August 2022.

The key equity barometers traded with small gains in the mid-afternoon trade. Positive opening in the European stock markets boosted the investor sentiments. The Nifty traded above the 17,650 level after hitting the days low of 17,597.85 in the morning trade. Pharma stocks snapped its three days gaining run. At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 66.33 points or 0.11% […]

With this rating, Omaxe Limited will work towards optimising its debt profile even further.