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KEC International slipped 3.87% to Rs 445 after the companys consolidated net profit tumbled 32.8% to Rs 31.02 crore on 30.6% surge in net sales to Rs 3,318.08 crore in Q1 FY23 over Q1 FY22.

Sales rise 77.96% to Rs 397.20 crore

The benchmark indices traded with modest losses in the afternoon trade. The Nifty traded tad above the 17,300 mark after hitting the days low of 17,161.25. Pharma, healthcare and metal stocks advanced while PSU bank, realty and media shares corrected. Trading was volatile due to the expiry of weekly index options on the NSE today. At 13:24 IST, the barometer index, the S&P BSE Sensex, […]

To accelerate underwriting transformation for commercial carriers, brokers, and MGAs

Navin Fluorine International has allotted 1390 equity shares under ESOS on 03 August 2022. With this allotment, the paid up equity share capital has increased to Rs 9,90,96,155/- consisting of 4,95,40,800 fully paid-up equity shares of face value of ~2/- each and 14,555 partly paid equity shares of face value Rs 2/- each, on which Re 1/- per share paid-up (Out of these 14,555 shares, […]

Automobile retail sales in India fell 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors. According to the data released by the automobile dealers body FADA, the overall automobile retail sales last month stood at 14,36,927 units, as compared with 15,59,106 units in July 2021. Passenger vehicle retail sales witnessed a dip of […]

Tube Investments of India Ltd is quoting at Rs 2215.2, up 4.66% on the day as on 12:49 IST on the NSE. The stock is up 84.99% in last one year as compared to a 6.18% jump in NIFTY and a 25.76% jump in the Nifty Bank index.

Alkem Laboratories Ltd is quoting at Rs 3090.15, down 0.51% on the day as on 13:19 IST on the NSE. The stock tumbled 9.11% in last one year as compared to a 6.34% rally in NIFTY and a 11.95% fall in the Nifty Metal index.

Business Wire IndiaThe Indian Institute of Lucknow (IIM-L) in an exclusive collaboration with Miles Education has launched an Executive Programme in Digital Finance Transformation with an emphasis to help finance professionals demonstrate digital agility and lead the future of finance in a dynamic and competitive business environment. The first batch start of the 9-month programme will commence on the 9th September 2022. The executive programme […]

The new agreement builds on a partnership that began over 20 years ago and demonstrates the strength of the relationship.