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The company increased its sales by 20% year over year (YoY) to 0.66 million square feet in the first quarter of FY23 from 0.55 million square feet in the first quarter of FY22. In Q1, total sales value increased from Rs248 crore in Q1FY22 to Rs313 crore, a 26% YoY increase.

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Gold is lingering near a one-year low as dollar snapped a three-day losing streak awaiting major central bank decisions. The yellow commodity is closely watching outcome of the ECB meeting due later today. The dollar index, that measures the greenback against a basket of currencies is currently down marginally at 106.72 after recovering to 107 levels in the previous session tracking 10-year US Treasury yields […]

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Japan had a merchandise trade shortfall of 1,383.8 billion yen in June, the Ministry of Economy, Trade and Industry reported. Exports jumped 19.4 percent on year, beating forecasts for an increase of 17.5 percent and up from 15.8 percent in the previous month. Imports surged an annual 46.1 percent, exceeding expectations for 45.7 percent but down from 48.9 percent a month earlier. Powered by Commodity […]

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The Employees Provident Fund Organisation (EPFO) added 16.82 lakh net subscribers in the month of May, 2022. Year-on-year comparison of payroll data shows an increase of 7.62 lakh net subscribers in May, 2022 as compared to the net subscription in the month of May, 2021 last year, according to data released by the Labour Ministry. Out of the total 16.82 lakh subscribers added during the […]

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Havells India reported 3.5% rise in standalone net profit to Rs 242.43 crore on 62.8% surge in net sales to Rs 4,230.14 crore in Q1 FY23 over Q1 FY22.

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Oracle Financial Services Software reported 2% rise in consolidated net profit to Rs 491.8 crore on a 10% increase in revenue to Rs 1,402.5 crore in Q1 FY23 over Q4 FY22.

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LME Aluminium inventories saw yet another sharp slide in last session, adding to recent declines. The daily stockpiles fell by 4400 tonnes to 320675 tonnes yesterday, marking another record low.Powered by Commodity Insights

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The current market cap of the company is Rs1,401.20 crore.

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The frontline equity indices traded with minor gains near the days high in the mid-morning trade. The Nifty hovered above the 16,550 mark. Private bank stocks advanced for the fifth day in a row. A reversal in foreign fund selling in the Indian market helped improve sentiment. At 11:29 IST, the barometer index, the S&P BSE Sensex, was up 189.16 points or 0.34% to 55,586.69. […]

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