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The company will submit an action plan on the observations and will engage with US FDA for next steps.

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Voltas fell 3.26% to Rs 967 after the companys consolidated net profit declined 10.6% to Rs 108.88 crore despite of 55.2% rise in net sales to Rs 2741.22 crore in Q1 FY23 over Q1 FY22.

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Gold selling for Rs51,650 per 10 gm

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July 2022 auto volumes were strong, with current trends implying that industry volumes are on track to meet IIFL Capital Services' FY23 growth estimates.

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The company reported a revenue of Rs6,897 crore in Q1FY23, marginally up against Rs6,797 crore in Q1FY22.

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Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 63.86 points or 0.22% at 29489.37 at 09:46 IST.

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