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Benchmark indices saw gap-up opening tracking positive Asian stocks. All the sectoral indices on the NSE were trading in the green with metal, auto and media stocks gaining the most. The Nifty regained the key 16,000 mark in early trade. At 9:23 IST, the barometer index, the S&P BSE Sensex, jumped 923.83 points or 1.75% at 53,716.06. The Nifty 50 index gained 313.25 points or […]

Record date is 30 May 2022

Sales decline 2.71% to Rs 127.16 crore

Company set to commence construction activity soon.

On 27 May 2022

Existing home sales in US showed a significant decrease in the month of April, according to a report released by the National Association of Realtors. NAR said existing home sales tumbled 2.4 percent to an annual rate of 5.61 million in April after plunging by 3.0 percent to a revised rate of 5.75 million in March. The report also showed housing inventory totaled 1.030 million […]

EBIDTA at Rs123 crore; up 22% yoy, EBIDTA Margin at 25% in FY22.

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended May 14th, according to a report released by the Labor Department. The report showed initial jobless claims rose to 218,000, an increase of 21,000 from the previous weeks revised level of 197,000. With the unexpected increase, jobless claims reached their highest level since hitting 222,000 in the week ended January 22nd. Meanwhile, the […]

Milin Purohit is an industry veteran and has over 36 years if experience.

Godrej Consumer Products (GCPL) tumbled 4.15% to Rs 795.30 after the company reported a consolidated net profit of Rs 363.24 crore in Q4 FY22, which is lower by 0.7% as compared with Rs 365.84 crore recorded in Q4 FY21.