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The time period by which the order is to be executed is 12 months approx, the company said.

Early trade saw little change in gold prices, with 10 grams of 24-carat gold presently selling for Rs 50,390.

Nelco advanced 2.63% to Rs 640.10 after the companys consolidated net profit rose 7.8% to Rs 4.72 crore on 48.2% increase in net sales to Rs 81.68 crore in Q1 FY23 over Q1 FY22.

Collections made during the quarter were to the tune of Rs21,464 million.

Mangalore Chemicals & Fertilizers fell 1.02% to Rs 116.85 after the company said that it had shut down its DAP/phosphatic fertilizer plant due to non-availability of raw material phosphoric acid.

Efinaconazole is an azole antifungal used for the topical treatment of Onychomycosis of the toenails.

For consideration of Rs 152.30 cr

Pricing led growth likely for the company

Shiprocket announces acquisition of Arvinds omnichannel technology business – Omuni. The transaction will be carried out as a combination of stock and cash for total consideration of Rs. 200 crore. The combination of both entities will facilitate quick, efficient deliveries of shipments from the nearest store or warehouse, significantly reducing delivery timelines and enhancing customer experience. Both Shiprocket and Omuni are industry leaders and integral […]

Crude oil sees mild upside in early trades on Tuesday although momentum has faded following a sharp rally in the previous session. The August contract due for expiry climbed more than 5% on Monday. WTI crude September futures are currently quoting at $99.05. Oil prices continue to move higher amid supply concerns even as demand worries from covid related curbs in China restrict sharp gains. […]